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1-bed · 770 sqftThe Residences at Marina Gate 2, Dubai Marina · 51st floor · completed 2019

5102, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5102 · DLD and Ejari recordsUpdated 28 January 2015
Last soldAED 1.98M28 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5102, The Residences at Marina Gate 2

What is 5102 worth today?

Last sold for AED 1,977,000 in 2015

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28 Jan 2015Sold by developerOff-plan
AED 1,977,000AED 2,566 per sqft

Source: Dubai Land Department. Updated 28 January 2015.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
51st of 64
Parking
L4-61
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 5102, The Residences at Marina Gate 2

5102 is a one-bedroom apartment of 770 sqft on the 51st 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 28 January 2015 for AED 1,977,000, or AED 2,566 per sqft, 6% above the AED 2,415 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5102 over time

Sales
Unit 5102, each saleTypical one-bed in The Residences at Marina Gate 2
2M20152018202120242027Typical sale price by year: 2015 AED 1,852,000; 2016 AED 1,771,000; 2017 AED 1,750,000; 2018 AED 1,514,500; 2019 AED 1,502,500; 2020 AED 1,300,000; 2021 AED 1,417,875; 2022 AED 1,810,000; 2023 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,450,000; 2026 AED 2,150,000Sold by developer, January 2015: AED 1,977,000 (AED 2,566 per sqft)

5102 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5102, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 87,172; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 133,100; 2025 AED 135,500; 2026 AED 120,750

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 5102 sits

All 232 1-beds →

5102 last sold in January 2015 at AED 2,566 per sqft, 6% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,415). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 20261,750,000
31 Jul 20262,500,000
27 Jul 20261,650,000
27 Jul 202635,464
16 1-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 →

Other units on the 51st floor

All 511 units in The Residences at Marina Gate 2
Value
51013-bedAED 3.1M · Feb 2021
51031-bedAED 2M · Jun 2022
51043-bedAED 3.37M · Mar 2021
51052-bedAED 2.34M · Nov 2021
51062-bedAED 2.55M · Sep 2019
51071-bedAED 1.93M · Jun 2023
51081-bedAED 1.96M · Nov 2022
1–7 of 9

5102, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 28 January 2015 for AED 1,977,000, or AED 2,566 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 28 January 2015.

Questions about 5102, The Residences at Marina Gate 2

What did unit 5102 last sell for?

AED 1,977,000 on 28 January 2015, sold by the developer: AED 2,566 per sqft for 770 sqft. It is the only registered sale of the unit.

How big is unit 5102?

770 sqft (71.5 sqm): a one-bedroom apartment on the 51st floor of a 64-storey tower completed in 2019.

What is unit 5102 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 5102, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.98M, 28 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 →