5408, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, The Residences at Marina Gate 2
What is 5408 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 54th of 64
- Parking
- L4-76
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 12,900 /yr
- Last sold
- AED 2.2M · February 2025
- Building
- The Residences at Marina Gate 2
About 5408, The Residences at Marina Gate 2
5408 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 25 February 2025 for AED 2,200,000, or AED 2,888 per sqft, in line with the AED 2,920 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2023. The current contract, signed on 10 December 2023, is AED 135,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 12,900 a year.
Sales and rents for 5408 over time
5408 has sold 3 times; 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 5408 sits
All 232 1-beds →5408 last sold in February 2025 at AED 2,888 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,920). 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. 5408's AED 135,000 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 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 | |
| 5407 | 1-bed | 762 sqft | AED 2.08MAED 2,080,000 · Nov 2024November 2024 | ||
| 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 |
5408, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 4 April 2018 for AED 1,516,000, last on 25 February 2025 for AED 2,200,000 (AED 2,888 per sqft).
- Rented since December 2023 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 12,900 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 25 February 2025.
Questions about 5408, The Residences at Marina Gate 2
What did unit 5408 last sell for?
AED 2,200,000 on 25 February 2025: AED 2,888 per sqft for 762 sqft. The unit has 3 registered sales; the first was AED 1,516,000 in April 2018.
What is the rent for unit 5408?
AED 135,000 a year on the contract signed on 10 December 2023.
How big is unit 5408?
762 sqft (70.8 sqm): a one-bedroom apartment on the 54th floor of a 64-storey tower completed in 2019.
What is unit 5408 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 5408, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.2M, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →