5507, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in September 2024, 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 5507, The Residences at Marina Gate 2
What is 5507 worth today?
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Source: Dubai Land Department. Updated 31 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 55th of 64
- Parking
- L4-79
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1.95M · September 2024
- Building
- The Residences at Marina Gate 2
About 5507, The Residences at Marina Gate 2
5507 is a one-bedroom apartment of 762 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. It last sold on 27 September 2024 for AED 1,950,000, or AED 2,557 per sqft, 6% below the AED 2,724 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 31 May 2026, is AED 120,750 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 13,000 a year.
Sales and rents for 5507 over time
5507 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences at Marina Gate 2, and where 5507 sits
All 232 1-beds →5507 last sold in September 2024 at AED 2,557 per sqft, 6% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,724). Over the last 12 months one-beds sold for AED 1,550,000 to 3,500,000, around AED 2,959 per sqft, and rent for AED 50,000 to 175,000 a year. 5507's AED 120,750 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
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 | |
| 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 | ||
| 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 |
5507, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 14 September 2015 for AED 1,540,000, last on 27 September 2024 for AED 1,950,000 (AED 2,557 per sqft).
- Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2022 and recovered to AED 120,750 by May 2026.
- At AED 120,750 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 13,000 a year (AED 17.00 per sqft).
- One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000–3,500,000 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 31 May 2026.
Questions about 5507, The Residences at Marina Gate 2
What did unit 5507 last sell for?
AED 1,950,000 on 27 September 2024: AED 2,557 per sqft for 762 sqft. The unit has 3 registered sales; the first was AED 1,540,000 in September 2015.
What is the rent for unit 5507?
AED 120,750 a year on the contract renewed on 31 May 2026. The previous contract, from May 2025, was AED 115,000; the unit has been rented since August 2019.
How big is unit 5507?
762 sqft (70.8 sqm): a one-bedroom apartment on the 55th floor of a 64-storey tower completed in 2019.
What is unit 5507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000 to 3,500,000 in the last 12 months, around AED 2,959 per sqft.
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Mortgage on 5507, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.95M, 27 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →