
5501, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5501, The Residences at Marina Gate 2
What is 5501 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,809 sqft
- Floor
- 55th of 64
- Parking
- L1-38, L1-38T
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 30,800 /yr
- Last sold
- AED 3.61M · March 2021
- Building
- The Residences at Marina Gate 2
About 5501, The Residences at Marina Gate 2
5501 is a three-bedroom apartment of 1,809 sqft on the 55th 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 31 March 2021 for AED 3,609,050, or AED 1,994 per sqft, 7% above the AED 1,859 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 360,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 30,800 a year.
Sales and rents for 5501 over time
5501 has sold once; the dashed line is the three-bed median of each year in the building.
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 5501 sits
All 96 3-beds →5501 last sold in March 2021 at AED 1,994 per sqft, 7% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,859). 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. 5501's AED 360,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 1,812 sqft | 4,990,000 | 2,754 | ||
| 25 Feb 202625 February 2026 | 1,636 sqft | 5,650,000 | 3,452 | ||
| 19 Dec 202519 December 2025 | 2,261 sqft | 7,100,000 | 3,139 | ||
| 16 Dec 202516 December 2025 | 2,146 sqft | 7,575,000 | 3,530 |
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 55th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5502 | 1-bed | 770 sqft | AED 2.87MAED 2,868,000 · Feb 2025February 2025 | 145,000 /yr | |
| 5503 | 1-bed | 771 sqft | AED 2.55MAED 2,550,000 · Dec 2022December 2022 | 80,000 /yr | |
| 5504 | 3-bed | 1,810 sqft | AED 4.11MAED 4,111,000 · Apr 2017April 2017 | 230,000 /yr | |
| 5505 | 2-bed | 1,204 sqft | AED 2.59MAED 2,589,900 · Sep 2015September 2015 | 210,000 /yr | |
| 5506 | 2-bed | 1,231 sqft | AED 2.55MAED 2,550,000 · Mar 2019March 2019 | ||
| 5507 | 1-bed | 762 sqft | AED 1.95MAED 1,950,000 · Sep 2024September 2024 | 120,750 /yr | |
| 5508 | 1-bed | 762 sqft | AED 2.08MAED 2,075,000 · Oct 2023October 2023 | 135,000 /yr | |
| 5509 | 2-bed | 1,232 sqft | AED 2.7MAED 2,700,000 · May 2023May 2023 | 185,000 /yr | |
| 5510 | 2-bed | 1,204 sqft | AED 2.18MAED 2,175,000 · Jun 2021June 2021 | 140,000 /yr |
5501, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 31 March 2021 for AED 3,609,050, or AED 1,994 per sqft.
- Rented since December 2021 on 7 Ejari contracts, from AED 340,000 to AED 360,000 a year.
- At AED 360,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 30,800 a year (AED 17.00 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 1 August 2026.
Questions about 5501, The Residences at Marina Gate 2
What did unit 5501 last sell for?
AED 3,609,050 on 31 March 2021, sold by the developer: AED 1,994 per sqft for 1,809 sqft. It is the only registered sale of the unit.
What is the rent for unit 5501?
AED 360,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2024, was AED 360,000; the unit has been rented since December 2021.
How big is unit 5501?
1,809 sqft (168.1 sqm): a three-bedroom apartment on the 55th floor of a 64-storey tower completed in 2019.
What is unit 5501 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 5501, The Residences at Marina Gate 2
Starts from the last sale price (AED 3.61M, 31 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,609,050
- Deposit, UAE resident (20%)
- AED 721,810
- Deposit, non-resident (40%)
- AED 1,443,620
- Monthly over 25 years at 3.7%
- AED 14,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →