5409, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in December 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 5409, The Residences at Marina Gate 2
What is 5409 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,232 sqft
- Floor
- 54th of 64
- Parking
- L2-10
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,900 /yr
- Last sold
- AED 2.55M · December 2018
- Building
- The Residences at Marina Gate 2
About 5409, The Residences at Marina Gate 2
5409 is a two-bedroom apartment of 1,232 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. The developer sold it on 17 December 2018 for AED 2,545,000, or AED 2,066 per sqft, in line with the AED 2,055 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 16 February 2026, is AED 210,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 20,900 a year.
Sales and rents for 5409 over time
5409 has sold once; the dashed line is the two-bed median of each year in the building.
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 5409 sits
All 178 2-beds →5409 last sold in December 2018 at AED 2,066 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,055). 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. 5409's AED 210,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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 | ||
| 5408 | 1-bed | 762 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | 135,000 /yr | |
| 5410 | 2-bed | 1,204 sqft | AED 3.1MAED 3,100,000 · Dec 2022December 2022 | 120,000 /yr |
5409, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 17 December 2018 for AED 2,545,000, or AED 2,066 per sqft.
- Rented since June 2019 on 7 Ejari contracts. The rent fell from AED 147,000 to AED 110,000 in 2022 and recovered to AED 210,000 by February 2026.
- At AED 210,000 a year the gross yield on the 2018 price is 8.3%, 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 16 February 2026.
Questions about 5409, The Residences at Marina Gate 2
What did unit 5409 last sell for?
AED 2,545,000 on 17 December 2018, sold by the developer: AED 2,066 per sqft for 1,232 sqft. It is the only registered sale of the unit.
What is the rent for unit 5409?
AED 210,000 a year on the contract signed on 16 February 2026. The previous contract, from February 2025, was AED 210,000; the unit has been rented since June 2019.
How big is unit 5409?
1,232 sqft (114.5 sqm): a two-bedroom apartment on the 54th floor of a 64-storey tower completed in 2019.
What is unit 5409 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 5409, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.55M, 17 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,545,000
- Deposit, UAE resident (20%)
- AED 509,000
- Deposit, non-resident (40%)
- AED 1,018,000
- Monthly over 25 years at 3.7%
- AED 10,412
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →