2-bed · 1,205 sqftThe Residences at Marina Gate 2, Dubai Marina · 47th floor · completed 2019

4710, The Residences at Marina Gate 2

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4710 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 2.88M25 May 2022
Current rentAED 165K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4710, The Residences at Marina Gate 2

What is 4710 worth today?

Last sold for AED 2,876,250 in 2022

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1 Mar 2023RentedNew contract
AED 165,000/yr8 months · AED 137 per sqft
25 May 2022SoldReady
AED 2,876,250AED 2,387 per sqft
1 Jul 2019RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft
3 Jan 2019SoldOff-plan
AED 2,000,000AED 1,660 per sqft
5 Jul 2017SoldOff-plan
AED 1,986,800AED 1,649 per sqft
18 Aug 2015Sold by developerOff-plan
AED 2,664,000AED 2,211 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
2-bed apartment
Size
1,205 sqft
Floor
47th of 64
Parking
L2-79
Developer
Select Global Development
Completed
2019
Service charge
AED 20,500 /yr
Last sold
AED 2.88M · May 2022

About 4710, The Residences at Marina Gate 2

4710 is a two-bedroom apartment of 1,205 sqft on the 47th 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 25 May 2022 for AED 2,876,250, or AED 2,387 per sqft, 13% above the AED 2,112 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 March 2023, is AED 165,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 20,500 a year.

Sales and rents for 4710 over time

Sales
Unit 4710, each saleTypical two-bed in The Residences at Marina Gate 2
2M3M20152018202120242027Typical 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, August 2015: AED 2,664,000 (AED 2,211 per sqft)Sold, July 2017: AED 1,986,800 (AED 1,649 per sqft)Sold, January 2019: AED 2,000,000 (AED 1,660 per sqft)Sold, May 2022: AED 2,876,250 (AED 2,387 per sqft)

4710 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4710, 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 195,000New contract, July 2019: AED 155,000 a yearNew contract, March 2023: AED 165,000 a year

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 4710 sits

All 178 2-beds →

4710 last sold in May 2022 at AED 2,387 per sqft, 13% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,112). 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. 4710's AED 165,000 is in the lower half of that range.

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
47013-bedAED 6.25M · Aug 2023
47021-bedAED 2.32M · Nov 2022
47031-bedAED 1.6M · Sep 2019
47043-bedAED 6.55M · Jul 2025
47052-bedAED 2.19M · Mar 2021
47062-bedAED 2.55M · Sep 2019
47071-bedAED 1.53M · Feb 2019
1–7 of 9

4710, The Residences at Marina Gate 2 in numbers

  • Sold 4 times: first on 18 August 2015 for AED 2,664,000, last on 25 May 2022 for AED 2,876,250 (AED 2,387 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 155,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 20,500 a year (AED 17.00 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 1 March 2023.

Questions about 4710, The Residences at Marina Gate 2

What did unit 4710 last sell for?

AED 2,876,250 on 25 May 2022: AED 2,387 per sqft for 1,205 sqft. The unit has 4 registered sales; the first was AED 2,664,000 in August 2015.

What is the rent for unit 4710?

AED 165,000 a year on the contract signed on 1 March 2023. The previous contract, from July 2019, was AED 155,000.

How big is unit 4710?

1,205 sqft (111.9 sqm): a two-bedroom apartment on the 47th floor of a 64-storey tower completed in 2019.

What is unit 4710 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 4710, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.88M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,876,250
Deposit, UAE resident (20%)
AED 575,250
Deposit, non-resident (40%)
AED 1,150,500
Monthly over 25 years at 3.7%
AED 11,768

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