504, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, The Residences at Marina Gate 2
What is 504 worth today?
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Source: Dubai Land Department. Updated 17 June 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 4,527 sqft
- Parking
- M-23, M-24
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 77,000 /yr
- Last sold
- AED 9.75M · June 2021
- Building
- The Residences at Marina Gate 2
About 504, The Residences at Marina Gate 2
504 is a four-bedroom apartment of 4,527 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 17 June 2021 for AED 9,750,000, or AED 2,153 per sqft, in line with the AED 2,114 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 504 over time
504 has sold twice; 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 504 sits
All 12 4-beds →504 last sold in June 2021 at AED 2,153 per sqft, in line with what four-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,114).
| 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%
504, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 29 September 2015 for AED 9,872,000, last on 17 June 2021 for AED 9,750,000 (AED 2,153 per sqft).
Source: Dubai Land Department. Updated 17 June 2021.
Questions about 504, The Residences at Marina Gate 2
What did unit 504 last sell for?
AED 9,750,000 on 17 June 2021: AED 2,153 per sqft for 4,527 sqft. The unit has 2 registered sales; the first was AED 9,872,000 in September 2015.
How big is unit 504?
4,527 sqft (420.6 sqm): a four-bedroom apartment of a 64-storey tower completed in 2019.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 504? Put it on the OpenOffers board
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Mortgage on 504, The Residences at Marina Gate 2
Starts from the last sale price (AED 9.75M, 17 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 9,750,000
- Deposit, UAE resident (20%)
- AED 1,950,000
- Deposit, non-resident (40%)
- AED 3,900,000
- Monthly over 25 years at 3.7%
- AED 39,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →