3-bed · 1,810 sqftThe Residences at Marina Gate 2, Dubai Marina · 53rd floor · completed 2019

5304, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5304 · DLD and Ejari recordsUpdated 4 February 2018
Last soldAED 4M4 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5304, The Residences at Marina Gate 2

What is 5304 worth today?

Last sold for AED 4,000,000 in 2018

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4 Feb 2018Sold by developerOff-plan
AED 4,000,000AED 2,209 per sqft

Source: Dubai Land Department. Updated 4 February 2018.

Key facts

Type
3-bed apartment
Size
1,810 sqft
Floor
53rd of 64
Parking
L1-35, L1-35T
Developer
Select Global Development
Completed
2019
Service charge
AED 30,800 /yr
Last sold
AED 4M · February 2018

About 5304, The Residences at Marina Gate 2

5304 is a three-bedroom apartment of 1,810 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. The developer sold it on 4 February 2018 for AED 4,000,000, or AED 2,209 per sqft, in line with the AED 2,263 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5304 over time

Sales
Unit 5304, each saleTypical three-bed in The Residences at Marina Gate 2
4M6M2015201820212024Typical sale price by year: 2015 AED 4,044,460; 2016 AED 4,060,000; 2017 AED 4,072,500; 2018 AED 4,024,000; 2019 AED 3,477,500; 2020 AED 2,929,150; 2021 AED 3,672,000; 2022 AED 4,350,000; 2023 AED 5,500,000; 2024 AED 6,000,000; 2025 AED 6,550,000Sold by developer, February 2018: AED 4,000,000 (AED 2,209 per sqft)

5304 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5304, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K20192021202320252027Typical rent by year: 2019 AED 200,000; 2020 AED 190,000; 2021 AED 215,000; 2022 AED 250,000; 2023 AED 310,000; 2024 AED 320,000; 2025 AED 330,000; 2026 AED 309,163

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences at Marina Gate 2, and where 5304 sits

All 96 3-beds →

5304 last sold in February 2018 at AED 2,209 per sqft, in line with what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,263). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20264,990,000
25 Feb 20265,650,000
19 Dec 20257,100,000
16 Dec 20257,575,000
5 3-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 →
Value
53013-bedAED 6.8M · Jun 2025
53021-bedAED 1.98M · Jan 2015
53031-bedAED 2M · May 2022
53052-bedAED 1.99M · Dec 2021
53062-bedAED 2.57M · Apr 2019
53071-bedAED 1.52M · Apr 2018
53081-bedAED 1.51M · Jun 2019
1–7 of 9

5304, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 4 February 2018 for AED 4,000,000, or AED 2,209 per sqft.
  • Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 4 February 2018.

Questions about 5304, The Residences at Marina Gate 2

What did unit 5304 last sell for?

AED 4,000,000 on 4 February 2018, sold by the developer: AED 2,209 per sqft for 1,810 sqft. It is the only registered sale of the unit.

How big is unit 5304?

1,810 sqft (168.2 sqm): a three-bedroom apartment on the 53rd floor of a 64-storey tower completed in 2019.

What is unit 5304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.

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Mortgage on 5304, The Residences at Marina Gate 2

Starts from the last sale price (AED 4M, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →