503, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in March 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Residences at Marina Gate 2
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,729 sqft
- Parking
- L5-33, L5-34
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 29,400 /yr
- Last sold
- AED 3.6M · March 2021
- Building
- The Residences at Marina Gate 2
About 503, The Residences at Marina Gate 2
503 is a two-bedroom apartment of 1,729 sqft 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 23 March 2021 for AED 3,600,000, or AED 2,082 per sqft, 16% above the AED 1,792 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 8 August 2021, is AED 180,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 29,400 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 178 2-beds →503 last sold in March 2021 at AED 2,082 per sqft, 16% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,792). 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. 503's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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%
503, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 28 January 2015 for AED 4,350,000, last on 23 March 2021 for AED 3,600,000 (AED 2,082 per sqft).
- Rented since August 2019 on 3 Ejari contracts, from AED 200,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 29,400 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 8 August 2021.
Questions about 503, The Residences at Marina Gate 2
What did unit 503 last sell for?
AED 3,600,000 on 23 March 2021: AED 2,082 per sqft for 1,729 sqft. The unit has 2 registered sales; the first was AED 4,350,000 in January 2015.
What is the rent for unit 503?
AED 180,000 a year on the contract signed on 8 August 2021. The previous contract, from August 2020, was AED 180,000; the unit has been rented since August 2019.
How big is unit 503?
1,729 sqft (160.6 sqm): a two-bedroom apartment of a 64-storey tower completed in 2019.
What is unit 503 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.
Selling 503? 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.
Mortgage on 503, The Residences at Marina Gate 2
Starts from the last sale price (AED 3.6M, 23 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →