5505, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5505, The Residences at Marina Gate 2
What is 5505 worth today?
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Source: Dubai Land Department. Updated 10 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,204 sqft
- Floor
- 55th of 64
- Parking
- L2-12
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,500 /yr
- Last sold
- AED 2.59M · September 2015
- Building
- The Residences at Marina Gate 2
About 5505, The Residences at Marina Gate 2
5505 is a two-bedroom apartment of 1,204 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 29 September 2015 for AED 2,589,900, or AED 2,151 per sqft, in line with the AED 2,193 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 January 2026, is AED 210,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 20,500 a year.
Sales and rents for 5505 over time
5505 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 5505 sits
All 178 2-beds →5505 last sold in September 2015 at AED 2,151 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,193). 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. 5505'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 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 | |
| 5504 | 3-bed | 1,810 sqft | AED 4.11MAED 4,111,000 · Apr 2017April 2017 | 230,000 /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 |
5505, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 29 September 2015 for AED 2,589,900, or AED 2,151 per sqft.
- Rented since October 2020 on 7 Ejari contracts, from AED 140,000 to AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 20,500 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 10 January 2026.
Questions about 5505, The Residences at Marina Gate 2
What did unit 5505 last sell for?
AED 2,589,900 on 29 September 2015, sold by the developer: AED 2,151 per sqft for 1,204 sqft. It is the only registered sale of the unit.
What is the rent for unit 5505?
AED 210,000 a year on the contract signed on 10 January 2026. The previous contract, from October 2024, was AED 185,000; the unit has been rented since October 2020.
How big is unit 5505?
1,204 sqft (111.9 sqm): a two-bedroom apartment on the 55th floor of a 64-storey tower completed in 2019.
What is unit 5505 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 5505, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.59M, 29 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,589,900
- Deposit, UAE resident (20%)
- AED 517,980
- Deposit, non-resident (40%)
- AED 1,035,960
- Monthly over 25 years at 3.7%
- AED 10,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →