5207, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in July 2018, 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 5207, The Residences at Marina Gate 2
What is 5207 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 52nd of 64
- Parking
- L4-67
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1.51M · July 2018
- Building
- The Residences at Marina Gate 2
About 5207, The Residences at Marina Gate 2
5207 is a one-bedroom apartment of 762 sqft on the 52nd 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 2 July 2018 for AED 1,513,000, or AED 1,984 per sqft, in line with the AED 2,008 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 98,000 a year: a gross yield of 6.5% on the 2018 price, before the service charge of about AED 13,000 a year.
Sales and rents for 5207 over time
5207 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 5207 sits
All 232 1-beds →5207 last sold in July 2018 at AED 1,984 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,008). 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. 5207's AED 98,000 is in the lower 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 52nd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5201 | 3-bed | 1,809 sqft | AED 6.6MAED 6,600,000 · Nov 2024November 2024 | 155,000 /yr | |
| 5202 | 1-bed | 770 sqft | AED 1.98MAED 1,977,000 · Jan 2015January 2015 | 130,000 /yr | |
| 5203 | 1-bed | 771 sqft | AED 1.98MAED 1,977,000 · Jan 2015January 2015 | 147,000 /yr | |
| 5204 | 3-bed | 1,810 sqft | AED 3MAED 3,000,000 · Jan 2021January 2021 | 400,000 /yr | |
| 5205 | 2-bed | 614 sqft | AED 2.64MAED 2,640,330 · Sep 2015September 2015 | 154,001 /yr | |
| 5206 | 2-bed | 1,231 sqft | AED 2.51MAED 2,510,000 · Jan 2018January 2018 | 190,000 /yr | |
| 5208 | 1-bed | 762 sqft | AED 2.1MAED 2,100,000 · Jun 2023June 2023 | 140,000 /yr | |
| 5209 | 2-bed | 616 sqft | AED 2.57MAED 2,571,000 · Jun 2020June 2020 | ||
| 5210 | 2-bed | 1,204 sqft | AED 2.61MAED 2,607,660 · Apr 2015April 2015 | 200,000 /yr |
5207, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 2 July 2018 for AED 1,513,000, or AED 1,984 per sqft.
- Rented since August 2019 on 6 Ejari contracts, from AED 85,000 to AED 98,000 a year.
- At AED 98,000 a year the gross yield on the 2018 price is 6.5%, before a service charge of about AED 13,000 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 1 September 2024.
Questions about 5207, The Residences at Marina Gate 2
What did unit 5207 last sell for?
AED 1,513,000 on 2 July 2018, sold by the developer: AED 1,984 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 5207?
AED 98,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 93,000; the unit has been rented since August 2019.
How big is unit 5207?
762 sqft (70.8 sqm): a one-bedroom apartment on the 52nd floor of a 64-storey tower completed in 2019.
What is unit 5207 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 5207, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.51M, 2 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,513,000
- Deposit, UAE resident (20%)
- AED 302,600
- Deposit, non-resident (40%)
- AED 605,200
- Monthly over 25 years at 3.7%
- AED 6,190
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →