5305, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5305, The Residences at Marina Gate 2
What is 5305 worth today?
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Source: Dubai Land Department. Updated 27 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,204 sqft
- Floor
- 53rd of 64
- Parking
- L2-05
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.99M · December 2021
- Building
- The Residences at Marina Gate 2
About 5305, The Residences at Marina Gate 2
5305 is a two-bedroom apartment of 1,204 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 16 December 2021 for AED 1,989,000, or AED 1,652 per sqft, 12% below the AED 1,879 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 27 March 2025, is AED 200,000 a year: a gross yield of 10.1% on the 2021 price, before the service charge of about AED 20,500 a year.
Sales and rents for 5305 over time
5305 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences at Marina Gate 2, and where 5305 sits
All 178 2-beds →5305 last sold in December 2021 at AED 1,652 per sqft, 12% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,879). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year. 5305's AED 200,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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 | |
| 5303 | 1-bed | 771 sqft | AED 2MAED 2,000,000 · May 2022May 2022 | 85,000 /yr | |
| 5304 | 3-bed | 1,810 sqft | AED 4MAED 4,000,000 · Feb 2018February 2018 | ||
| 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 |
5305, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 1 September 2015 for AED 2,535,000, last on 16 December 2021 for AED 1,989,000 (AED 1,652 per sqft).
- Rented since March 2020 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2021 and recovered to AED 200,000 by March 2025.
- At AED 200,000 a year the gross yield on the 2021 price is 10.1%, before a service charge of about AED 20,500 a year (AED 17.00 per sqft).
- Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 27 March 2025.
Questions about 5305, The Residences at Marina Gate 2
What did unit 5305 last sell for?
AED 1,989,000 on 16 December 2021: AED 1,652 per sqft for 1,204 sqft. The unit has 2 registered sales; the first was AED 2,535,000 in September 2015.
What is the rent for unit 5305?
AED 200,000 a year on the contract renewed on 27 March 2025. The previous contract, from March 2025, was AED 200,000; the unit has been rented since March 2020.
How big is unit 5305?
1,204 sqft (111.9 sqm): a two-bedroom apartment on the 53rd floor of a 64-storey tower completed in 2019.
What is unit 5305 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.
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Mortgage on 5305, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.99M, 16 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,989,000
- Deposit, UAE resident (20%)
- AED 397,800
- Deposit, non-resident (40%)
- AED 795,600
- Monthly over 25 years at 3.7%
- AED 8,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →