5504, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5504, The Residences at Marina Gate 2
What is 5504 worth today?
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Source: Dubai Land Department. Updated 1 January 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,810 sqft
- Floor
- 55th of 64
- Parking
- M-31, M-31T
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 30,800 /yr
- Last sold
- AED 4.11M · April 2017
- Building
- The Residences at Marina Gate 2
About 5504, The Residences at Marina Gate 2
5504 is a three-bedroom apartment of 1,810 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 19 April 2017 for AED 4,111,000, or AED 2,271 per sqft, in line with the AED 2,237 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 230,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 30,800 a year.
Sales and rents for 5504 over time
5504 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 5504 sits
All 96 3-beds →5504 last sold in April 2017 at AED 2,271 per sqft, in line with what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,237). 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. 5504's AED 230,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 5501 | 3-bed | 1,809 sqft | AED 3.61MAED 3,609,050 · Mar 2021March 2021 | 360,000 /yr | |
| 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 | |
| 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 |
5504, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 19 April 2017 for AED 4,111,000, or AED 2,271 per sqft.
- Rented since January 2020 on 2 Ejari contracts, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2017 price is 5.6%, 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 January 2023.
Questions about 5504, The Residences at Marina Gate 2
What did unit 5504 last sell for?
AED 4,111,000 on 19 April 2017, sold by the developer: AED 2,271 per sqft for 1,810 sqft. It is the only registered sale of the unit.
What is the rent for unit 5504?
AED 230,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2020, was AED 230,000.
How big is unit 5504?
1,810 sqft (168.2 sqm): a three-bedroom apartment on the 55th floor of a 64-storey tower completed in 2019.
What is unit 5504 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 5504, The Residences at Marina Gate 2
Starts from the last sale price (AED 4.11M, 19 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 4,111,000
- Deposit, UAE resident (20%)
- AED 822,200
- Deposit, non-resident (40%)
- AED 1,644,400
- Monthly over 25 years at 3.7%
- AED 16,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →