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3-bed · 1,809 sqftThe Residences at Marina Gate 2, Dubai Marina · 54th floor · completed 2019

5401, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5401 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 4.8M8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5401, The Residences at Marina Gate 2

What is 5401 worth today?

Last sold for AED 4,800,000 in 2022

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8 Sep 2022SoldReady
AED 4,800,000AED 2,653 per sqft
12 Jul 2017Sold by developerOff-plan
AED 4,050,000AED 2,238 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
3-bed apartment
Size
1,809 sqft
Floor
54th of 64
Parking
L1-36, L1-36T
Developer
Select Global Development
Completed
2019
Service charge
AED 30,800 /yr
Last sold
AED 4.8M · September 2022
Building
The Residences at Marina Gate 2

About 5401, The Residences at Marina Gate 2

5401 is a three-bedroom apartment of 1,809 sqft on the 54th 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 8 September 2022 for AED 4,800,000, or AED 2,653 per sqft, 17% above the AED 2,275 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5401 over time

Sales
Unit 5401, 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, July 2017: AED 4,050,000 (AED 2,238 per sqft)Sold, September 2022: AED 4,800,000 (AED 2,653 per sqft)

5401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5401, 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 5401 sits

All 96 3-beds →

5401 last sold in September 2022 at AED 2,653 per sqft, 17% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,275). 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 →

Other units on the 54th floor

All 511 units in The Residences at Marina Gate 2
Value
54021-bedAED 1.96M · May 2015
54031-bedAED 1.7M · Apr 2021
54043-bedAED 6.2M · Feb 2025
54052-bedAED 2.55M · Nov 2021
54062-bedAED 3.2M · Aug 2024
54071-bedAED 2.08M · Nov 2024
54081-bedAED 2.2M · Feb 2025
1–7 of 9

5401, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 12 July 2017 for AED 4,050,000, last on 8 September 2022 for AED 4,800,000 (AED 2,653 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 8 September 2022.

Questions about 5401, The Residences at Marina Gate 2

What did unit 5401 last sell for?

AED 4,800,000 on 8 September 2022: AED 2,653 per sqft for 1,809 sqft. The unit has 2 registered sales; the first was AED 4,050,000 in July 2017.

How big is unit 5401?

1,809 sqft (168.1 sqm): a three-bedroom apartment on the 54th floor of a 64-storey tower completed in 2019.

What is unit 5401 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 5401, The Residences at Marina Gate 2

Starts from the last sale price (AED 4.8M, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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