5407, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5407, The Residences at Marina Gate 2
What is 5407 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 54th of 64
- Parking
- L4-75
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 2.08M · November 2024
- Building
- The Residences at Marina Gate 2
About 5407, The Residences at Marina Gate 2
5407 is a one-bedroom apartment of 762 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 7 November 2024 for AED 2,080,000, or AED 2,728 per sqft, 5% below the AED 2,870 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5407 over time
5407 has sold twice; 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 5407 sits
All 232 1-beds →5407 last sold in November 2024 at AED 2,728 per sqft, 5% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,870). 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 180,000 a year.
| 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 54th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 1,809 sqft | AED 4.8MAED 4,800,000 · Sep 2022September 2022 | ||
| 5402 | 1-bed | 770 sqft | AED 1.96MAED 1,964,000 · May 2015May 2015 | 150,000 /yr | |
| 5403 | 1-bed | 771 sqft | AED 1.7MAED 1,700,000 · Apr 2021April 2021 | 85,000 /yr | |
| 5404 | 3-bed | 1,810 sqft | AED 6.2MAED 6,200,000 · Feb 2025February 2025 | 330,000 /yr | |
| 5405 | 2-bed | 1,204 sqft | AED 2.55MAED 2,547,999 · Nov 2021November 2021 | ||
| 5406 | 2-bed | 1,231 sqft | AED 3.2MAED 3,200,000 · Aug 2024August 2024 | 110,000 /yr | |
| 5408 | 1-bed | 762 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | 135,000 /yr | |
| 5409 | 2-bed | 1,232 sqft | AED 2.55MAED 2,545,000 · Dec 2018December 2018 | 210,000 /yr | |
| 5410 | 2-bed | 1,204 sqft | AED 3.1MAED 3,100,000 · Dec 2022December 2022 | 120,000 /yr |
5407, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 2 July 2018 for AED 1,546,000, last on 7 November 2024 for AED 2,080,000 (AED 2,728 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 7 November 2024.
Questions about 5407, The Residences at Marina Gate 2
What did unit 5407 last sell for?
AED 2,080,000 on 7 November 2024: AED 2,728 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 1,546,000 in July 2018.
How big is unit 5407?
762 sqft (70.8 sqm): a one-bedroom apartment on the 54th floor of a 64-storey tower completed in 2019.
What is unit 5407 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 5407, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.08M, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,080,000
- Deposit, UAE resident (20%)
- AED 416,000
- Deposit, non-resident (40%)
- AED 832,000
- Monthly over 25 years at 3.7%
- AED 8,510
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →