1-bed · 770 sqftThe Residences at Marina Gate 2, Dubai Marina · 43rd floor · completed 2019

4302, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4302 · DLD and Ejari recordsUpdated 3 March 2022
Last soldAED 1.9M3 March 2022
Current rentAED 85K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4302, The Residences at Marina Gate 2

What is 4302 worth today?

Last sold for AED 1,900,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Mar 2022SoldReady
AED 1,900,000AED 2,465 per sqft
15 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 110 per sqft
15 May 2020RentedNew contract
AED 85,000/yr13 months · AED 110 per sqft
19 May 2015Sold by developerOff-plan
AED 1,899,240AED 2,464 per sqft

Source: Dubai Land Department. Updated 3 March 2022.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
43rd of 64
Parking
L4-26
Developer
Select Global Development
Completed
2019
Service charge
AED 13,100 /yr
Last sold
AED 1.9M · March 2022

About 4302, The Residences at Marina Gate 2

4302 is a one-bedroom apartment of 770 sqft on the 43rd floor of The Residences at Marina Gate 2, a 64-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 3 March 2022 for AED 1,900,000, or AED 2,465 per sqft, 31% above the AED 1,885 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 June 2021, is AED 85,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 13,100 a year.

Sales and rents for 4302 over time

Sales
Unit 4302, each saleTypical one-bed in The Residences at Marina Gate 2
2M20152018202120242027Typical sale price by year: 2015 AED 1,852,000; 2016 AED 1,771,000; 2017 AED 1,750,000; 2018 AED 1,514,500; 2019 AED 1,502,500; 2020 AED 1,300,000; 2021 AED 1,417,875; 2022 AED 1,810,000; 2023 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,450,000; 2026 AED 2,150,000Sold by developer, May 2015: AED 1,899,240 (AED 2,464 per sqft)Sold, March 2022: AED 1,900,000 (AED 2,465 per sqft)

4302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4302, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 87,172; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 133,100; 2025 AED 135,500; 2026 AED 120,750New contract, May 2020: AED 85,000 a yearRenewal, June 2021: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Residences at Marina Gate 2, and where 4302 sits

All 232 1-beds →

4302 last sold in March 2022 at AED 2,465 per sqft, 31% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,885). Over the last 12 months one-beds sold for AED 1,550,000 to 3,500,000, around AED 2,959 per sqft, and rent for AED 50,000 to 180,000 a year. 4302's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 20261,750,000
31 Jul 20262,500,000
27 Jul 20261,650,000
27 Jul 202635,464
16 1-bed sales in the last 12 months

The Residences at Marina Gate 2

Building

511 apartments, 1-bed to 5-bed over 64 floors in Dubai Marina, completed in 2019 by Select Global Development. 30 sold in the last 12 months.

Typical price per sqft
AED 2,967 Down 5.5%
Typical sale
AED 3.15M
Typical rent
AED 150K /yr
Typical yield
5.3%
The Residences at Marina Gate 2, Dubai Marina: prices, sales and rents →
Value
43013-bedAED 5.5M · Aug 2023
43031-bedAED 2.5M · May 2023
43043-bedAED 4.04M · Jun 2022
43052-bedAED 2.25M · Sep 2021
43062-bedAED 1.88M · Aug 2019
43071-bedAED 2.1M · Nov 2024
43081-bedAED 1.54M · Apr 2019
1–7 of 9

4302, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 19 May 2015 for AED 1,899,240, last on 3 March 2022 for AED 1,900,000 (AED 2,465 per sqft).
  • Rented since May 2020 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 13,100 a year (AED 17.00 per sqft).
  • One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,967 per sqft.

Source: Dubai Land Department. Updated 3 March 2022.

Questions about 4302, The Residences at Marina Gate 2

What did unit 4302 last sell for?

AED 1,900,000 on 3 March 2022: AED 2,465 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 1,899,240 in May 2015.

What is the rent for unit 4302?

AED 85,000 a year on the contract renewed on 15 June 2021. The previous contract, from May 2020, was AED 85,000.

How big is unit 4302?

770 sqft (71.5 sqm): a one-bedroom apartment on the 43rd floor of a 64-storey tower completed in 2019.

What is unit 4302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000 to 3,500,000 in the last 12 months, around AED 2,959 per sqft.

Selling 4302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4302, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.9M, 3 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →