3-bed · 1,809 sqftThe Residences at Marina Gate 2, Dubai Marina · 55th floor · completed 2019

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.

Unit 5501 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 3.61M31 March 2021
Current rentAED 360K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5501, The Residences at Marina Gate 2

What is 5501 worth today?

Last sold for AED 3,609,050 in 2021

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1 Aug 2026RentedRenewal
AED 360,000/yr24 months · AED 199 per sqft
1 Aug 2024RentedNew contract
AED 360,000/yr24 months · AED 199 per sqft
1 Aug 2024RentedNew contract
AED 360,000/yr24 months · AED 199 per sqft
1 Jun 2023RentedNew contract
AED 340,458/yr11 months · AED 188 per sqft
1 Jun 2023RentedNew contract
AED 339,529/yr11 months · AED 188 per sqft
1 Dec 2022RentedRenewal
AED 340,000/yr6 months · AED 188 per sqft
1 Dec 2021RentedNew contract
AED 340,000/yr12 months · AED 188 per sqft
31 Mar 2021Sold by developerReady
AED 3,609,050AED 1,994 per sqft

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

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

Sales
Unit 5501, 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, March 2021: AED 3,609,050 (AED 1,994 per sqft)

5501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5501, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K201920222025Typical 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 309,163New contract, December 2021: AED 340,000 a yearRenewal, December 2022: AED 340,000 a yearNew contract, June 2023: AED 340,458 a yearNew contract, June 2023: AED 339,529 a yearNew contract, August 2024: AED 360,000 a yearNew contract, August 2024: AED 360,000 a yearRenewal, August 2026: AED 360,000 a year

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 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 →
Value
55021-bedAED 2.87M · Feb 2025
55031-bedAED 2.55M · Dec 2022
55043-bedAED 4.11M · Apr 2017
55052-bedAED 2.59M · Sep 2015
55062-bedAED 2.55M · Mar 2019
55071-bedAED 1.95M · Sep 2024
55081-bedAED 2.08M · Oct 2023
1–7 of 9

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 →