5303, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5303, The Residences at Marina Gate 2
What is 5303 worth today?
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Source: Dubai Land Department. Updated 19 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 771 sqft
- Floor
- 53rd of 64
- Parking
- L4-70
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 2M · May 2022
- Building
- The Residences at Marina Gate 2
About 5303, The Residences at Marina Gate 2
5303 is a one-bedroom apartment of 771 sqft on the 53rd floor 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 19 May 2022 for AED 2,000,000, or AED 2,595 per sqft, 30% above the AED 1,993 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 85,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 13,100 a year.
Sales and rents for 5303 over time
5303 has sold twice; 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 5303 sits
All 232 1-beds →5303 last sold in May 2022 at AED 2,595 per sqft, 30% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,993). 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. 5303's AED 85,000 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 53rd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 3-bed | 1,809 sqft | AED 6.8MAED 6,800,000 · Jun 2025June 2025 | 350,000 /yr | |
| 5302 | 1-bed | 770 sqft | AED 1.98MAED 1,977,000 · Jan 2015January 2015 | 130,000 /yr | |
| 5304 | 3-bed | 1,810 sqft | AED 4MAED 4,000,000 · Feb 2018February 2018 | ||
| 5305 | 2-bed | 1,204 sqft | AED 1.99MAED 1,989,000 · Dec 2021December 2021 | 200,000 /yr | |
| 5306 | 2-bed | 1,231 sqft | AED 2.57MAED 2,574,000 · Apr 2019April 2019 | ||
| 5307 | 1-bed | 762 sqft | AED 1.52MAED 1,521,825 · Apr 2018April 2018 | 120,000 /yr | |
| 5308 | 1-bed | 762 sqft | AED 1.51MAED 1,505,000 · Jun 2019June 2019 | ||
| 5309 | 2-bed | 1,232 sqft | AED 2.6MAED 2,598,000 · Aug 2015August 2015 | 190,000 /yr | |
| 5310 | 2-bed | 1,204 sqft | AED 3.18MAED 3,175,000 · Apr 2024April 2024 | 150,000 /yr |
5303, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 18 February 2015 for AED 1,947,345, last on 19 May 2022 for AED 2,000,000 (AED 2,595 per sqft).
- Rented since September 2019 on 3 Ejari contracts, from AED 100,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 13,100 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 19 May 2022.
Questions about 5303, The Residences at Marina Gate 2
What did unit 5303 last sell for?
AED 2,000,000 on 19 May 2022: AED 2,595 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 1,947,345 in February 2015.
What is the rent for unit 5303?
AED 85,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 85,000; the unit has been rented since September 2019.
How big is unit 5303?
771 sqft (71.6 sqm): a one-bedroom apartment on the 53rd floor of a 64-storey tower completed in 2019.
What is unit 5303 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 5303, The Residences at Marina Gate 2
Starts from the last sale price (AED 2M, 19 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →