4903, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4903, The Residences at Marina Gate 2
What is 4903 worth today?
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Source: Dubai Land Department. Updated 26 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 49th of 64
- Parking
- L4-54
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.98M · January 2015
- Building
- The Residences at Marina Gate 2
About 4903, The Residences at Marina Gate 2
4903 is a one-bedroom apartment of 771 sqft on the 49th 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 15 January 2015 for AED 1,977,000, or AED 2,565 per sqft, 5% above the AED 2,439 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 26 April 2024, is AED 160,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4903 over time
4903 has sold once; the dashed line is the one-bed median of each year in the building.
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 4903 sits
All 232 1-beds →4903 last sold in January 2015 at AED 2,565 per sqft, 5% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,439). 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. 4903's AED 160,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
The Residences at Marina Gate 2
Building511 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%
Other units on the 49th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4901 | 3-bed | 1,809 sqft | AED 4.3MAED 4,300,000 · Jul 2022July 2022 | 310,000 /yr | |
| 4902 | 1-bed | 770 sqft | AED 1.98MAED 1,977,000 · Jan 2015January 2015 | 136,000 /yr | |
| 4904 | 3-bed | 1,810 sqft | AED 4MAED 4,000,000 · May 2016May 2016 | ||
| 4905 | 2-bed | 1,204 sqft | AED 2.57MAED 2,570,000 · Apr 2016April 2016 | 145,000 /yr | |
| 4906 | 2-bed | 1,231 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 117,700 /yr | |
| 4907 | 1-bed | 762 sqft | AED 1.54MAED 1,540,000 · Oct 2019October 2019 | 110,000 /yr | |
| 4908 | 1-bed | 762 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 132,120 /yr | |
| 4909 | 2-bed | 1,232 sqft | AED 2.61MAED 2,612,000 · Feb 2019February 2019 | 218,000 /yr | |
| 4910 | 2-bed | 1,204 sqft | AED 3.95MAED 3,950,000 · Sep 2023September 2023 | 120,000 /yr |
4903, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 15 January 2015 for AED 1,977,000, or AED 2,565 per sqft.
- Rented since October 2019 on 4 Ejari contracts, from AED 100,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2015 price is 8.1%, 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 26 April 2024.
Questions about 4903, The Residences at Marina Gate 2
What did unit 4903 last sell for?
AED 1,977,000 on 15 January 2015, sold by the developer: AED 2,565 per sqft for 771 sqft. It is the only registered sale of the unit.
What is the rent for unit 4903?
AED 160,000 a year on the contract signed on 26 April 2024. The previous contract, from April 2024, was AED 160,000; the unit has been rented since October 2019.
How big is unit 4903?
771 sqft (71.6 sqm): a one-bedroom apartment on the 49th floor of a 64-storey tower completed in 2019.
What is unit 4903 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.
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Mortgage on 4903, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.98M, 15 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,977,000
- Deposit, UAE resident (20%)
- AED 395,400
- Deposit, non-resident (40%)
- AED 790,800
- Monthly over 25 years at 3.7%
- AED 8,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →