5307, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in April 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 5307, The Residences at Marina Gate 2
What is 5307 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 53rd of 64
- Parking
- L4-71
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1.52M · April 2018
- Building
- The Residences at Marina Gate 2
About 5307, The Residences at Marina Gate 2
5307 is a one-bedroom apartment of 762 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 15 April 2018 for AED 1,521,825, or AED 1,996 per sqft, in line with the AED 2,049 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 December 2024, is AED 120,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 13,000 a year.
Sales and rents for 5307 over time
5307 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 5307 sits
All 232 1-beds →5307 last sold in April 2018 at AED 1,996 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,049). 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 175,000 a year. 5307's AED 120,000 is in the upper 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 | |
| 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 | ||
| 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 | ||
| 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 |
5307, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 15 April 2018 for AED 1,521,825, or AED 1,996 per sqft.
- Rented since November 2019 on 5 Ejari contracts, from AED 80,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 7.9%, 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 5 December 2024.
Questions about 5307, The Residences at Marina Gate 2
What did unit 5307 last sell for?
AED 1,521,825 on 15 April 2018, sold by the developer: AED 1,996 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 5307?
AED 120,000 a year on the contract signed on 5 December 2024. The previous contract, from November 2022, was AED 75,000; the unit has been rented since November 2019.
How big is unit 5307?
762 sqft (70.8 sqm): a one-bedroom apartment on the 53rd floor of a 64-storey tower completed in 2019.
What is unit 5307 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 5307, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.52M, 15 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,521,825
- Deposit, UAE resident (20%)
- AED 304,365
- Deposit, non-resident (40%)
- AED 608,730
- Monthly over 25 years at 3.7%
- AED 6,226
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →