2-bed · 1,232 sqftThe Residences at Marina Gate 2, Dubai Marina · 53rd floor · completed 2019

5309, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 2.6M18 August 2015
Current rentAED 190K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, The Residences at Marina Gate 2

What is 5309 worth today?

Last sold for AED 2,598,000 in 2015

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8 Jul 2026RentedNew contract
AED 190,000/yr12 months · AED 154 per sqft
15 May 2025RentedNew contract
AED 190,000/yr12 months · AED 154 per sqft
15 May 2025RentedNew contract
AED 190,000/yr12 months · AED 154 per sqft
1 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 162 per sqft
1 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 162 per sqft
15 Nov 2023RentedRenewal
AED 195,000/yr3 months · AED 158 per sqft
15 Nov 2022RentedRenewal
AED 180,000/yr12 months · AED 146 per sqft
15 Nov 2021RentedNew contract
AED 150,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
2-bed apartment
Size
1,232 sqft
Floor
53rd of 64
Parking
L2-07
Developer
Select Global Development
Completed
2019
Service charge
AED 20,900 /yr
Last sold
AED 2.6M · August 2015

About 5309, The Residences at Marina Gate 2

5309 is a two-bedroom apartment of 1,232 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 18 August 2015 for AED 2,598,000, or AED 2,109 per sqft, 5% below the AED 2,211 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 8 July 2026, is AED 190,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 20,900 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, each saleTypical two-bed in The Residences at Marina Gate 2
3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, August 2015: AED 2,598,000 (AED 2,109 per sqft)

5309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5309, each contractTypical two-bed in The Residences at Marina Gate 2
150K200K201920222025Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000New contract, October 2019: AED 125,000 a yearRenewal, October 2020: AED 120,000 a yearNew contract, November 2021: AED 150,000 a yearRenewal, November 2022: AED 180,000 a yearRenewal, November 2023: AED 195,000 a yearNew contract, April 2024: AED 200,000 a yearNew contract, April 2024: AED 200,000 a yearNew contract, May 2025: AED 190,000 a yearNew contract, May 2025: AED 190,000 a yearNew contract, July 2026: AED 190,000 a year

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 5309 sits

All 178 2-beds →

5309 last sold in August 2015 at AED 2,109 per sqft, 5% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,211). 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. 5309's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-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
53043-bedAED 4M · Feb 2018
53052-bedAED 1.99M · Dec 2021
53062-bedAED 2.57M · Apr 2019
53071-bedAED 1.52M · Apr 2018
1–7 of 9

5309, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 18 August 2015 for AED 2,598,000, or AED 2,109 per sqft.
  • Rented since October 2019 on 10 Ejari contracts, from AED 125,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 20,900 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 8 July 2026.

Questions about 5309, The Residences at Marina Gate 2

What did unit 5309 last sell for?

AED 2,598,000 on 18 August 2015, sold by the developer: AED 2,109 per sqft for 1,232 sqft. It is the only registered sale of the unit.

What is the rent for unit 5309?

AED 190,000 a year on the contract signed on 8 July 2026. The previous contract, from May 2025, was AED 190,000; the unit has been rented since October 2019.

How big is unit 5309?

1,232 sqft (114.5 sqm): a two-bedroom apartment on the 53rd floor of a 64-storey tower completed in 2019.

What is unit 5309 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 5309, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.6M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,598,000
Deposit, UAE resident (20%)
AED 519,600
Deposit, non-resident (40%)
AED 1,039,200
Monthly over 25 years at 3.7%
AED 10,629

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