502, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Residences at Marina Gate 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 7 June 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 3,985 sqft
- Parking
- M-18, M-19
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 67,800 /yr
- Last sold
- AED 9.15M · January 2015
- Building
- The Residences at Marina Gate 2
About 502, The Residences at Marina Gate 2
502 is a four-bedroom apartment of 3,985 sqft 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 14 January 2015 for AED 9,149,000, or AED 2,295 per sqft.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 892,500 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 67,800 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in The Residences at Marina Gate 2, and where 502 sits
All 12 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202324 August 2023 | 5,791 sqft | 16,000,000 | 2,762 | ||
| 19 Jul 202319 July 2023 | 4,642 sqft | 13,000,000 | 2,800 | ||
| 8 May 20238 May 2023 | 4,429 sqft | 15,000,000 | 3,387 | ||
| 29 Sep 202229 September 2022 | 11,663 sqft | 38,000,000 | 3,258 |
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%
502, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 14 January 2015 for AED 9,149,000, or AED 2,295 per sqft.
- Rented since November 2020 on 8 Ejari contracts, from AED 345,000 to AED 892,500 a year.
- At AED 892,500 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 67,800 a year (AED 17.00 per sqft).
Source: Dubai Land Department. Updated 7 June 2025.
Questions about 502, The Residences at Marina Gate 2
What did unit 502 last sell for?
AED 9,149,000 on 14 January 2015, sold by the developer: AED 2,295 per sqft for 3,985 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 892,500 a year on the contract renewed on 7 June 2025. The previous contract, from June 2025, was AED 892,500; the unit has been rented since November 2020.
How big is unit 502?
3,985 sqft (370.2 sqm): a four-bedroom apartment of a 64-storey tower completed in 2019.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 502, The Residences at Marina Gate 2
Starts from the last sale price (AED 9.15M, 14 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 9,149,000
- Deposit, UAE resident (20%)
- AED 1,829,800
- Deposit, non-resident (40%)
- AED 3,659,600
- Monthly over 25 years at 3.7%
- AED 37,431
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →