2-bed · 1,231 sqftThe Residences at Marina Gate 2, Dubai Marina · 43rd floor · completed 2019

4309, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in April 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4309 · DLD and Ejari recordsUpdated 29 April 2019
Last soldAED 2.63M29 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4309, The Residences at Marina Gate 2

What is 4309 worth today?

Last sold for AED 2,625,000 in 2019

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29 Apr 2019Sold by developerOff-plan
AED 2,625,000AED 2,131 per sqft

Source: Dubai Land Department. Updated 29 April 2019.

Key facts

Type
2-bed apartment
Size
1,231 sqft
Floor
43rd of 64
Parking
L1-05
Developer
Select Global Development
Completed
2019
Service charge
AED 20,900 /yr
Last sold
AED 2.63M · April 2019

About 4309, The Residences at Marina Gate 2

4309 is a two-bedroom apartment of 1,231 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. The developer sold it on 29 April 2019 for AED 2,625,000, or AED 2,131 per sqft, 4% above the AED 2,046 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4309 over time

Sales
Unit 4309, each saleTypical two-bed in The Residences at Marina Gate 2
3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, April 2019: AED 2,625,000 (AED 2,131 per sqft)

4309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4309, each contractTypical two-bed in The Residences at Marina Gate 2
150K200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000

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

2-beds in The Residences at Marina Gate 2, and where 4309 sits

All 178 2-beds →

4309 last sold in April 2019 at AED 2,131 per sqft, 4% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,046). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-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
43021-bedAED 1.9M · Mar 2022
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
1–7 of 9

4309, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 29 April 2019 for AED 2,625,000, or AED 2,131 per sqft.
  • Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 29 April 2019.

Questions about 4309, The Residences at Marina Gate 2

What did unit 4309 last sell for?

AED 2,625,000 on 29 April 2019, sold by the developer: AED 2,131 per sqft for 1,231 sqft. It is the only registered sale of the unit.

How big is unit 4309?

1,231 sqft (114.4 sqm): a two-bedroom apartment on the 43rd floor of a 64-storey tower completed in 2019.

What is unit 4309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.

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Mortgage on 4309, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.63M, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

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