3-bed · 1,809 sqftThe Residences at Marina Gate 2, Dubai Marina · 57th floor · completed 2019

5701, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 18 March 2022
Last soldAED 4.4M18 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, The Residences at Marina Gate 2

What is 5701 worth today?

Last sold for AED 4,400,000 in 2022

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18 Mar 2022SoldReady
AED 4,400,000AED 2,432 per sqft
21 Mar 2021Sold by developerReady
AED 3,672,000AED 2,029 per sqft

Source: Dubai Land Department. Updated 18 March 2022.

Key facts

Type
3-bed apartment
Size
1,809 sqft
Floor
57th of 64
Parking
M-34, M-34T
Developer
Select Global Development
Completed
2019
Service charge
AED 30,800 /yr
Last sold
AED 4.4M · March 2022

About 5701, The Residences at Marina Gate 2

5701 is a three-bedroom apartment of 1,809 sqft on the 57th 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 18 March 2022 for AED 4,400,000, or AED 2,432 per sqft, 14% above the AED 2,125 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5701 over time

Sales
Unit 5701, 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 3,672,000 (AED 2,029 per sqft)Sold, March 2022: AED 4,400,000 (AED 2,432 per sqft)

5701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5701, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K20192021202320252027Typical 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 309,163

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 5701 sits

All 96 3-beds →

5701 last sold in March 2022 at AED 2,432 per sqft, 14% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,125). 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.

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
57021-bedAED 1.98M · May 2015
57031-bedAED 1.96M · May 2015
57043-bedAED 4M · Jun 2021
57052-bedAED 3.25M · Aug 2023
57062-bedAED 3.8M · Dec 2024
57071-bedAED 2.05M · Jun 2024
57081-bedAED 1.79M · Feb 2023
1–7 of 9

5701, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 21 March 2021 for AED 3,672,000, last on 18 March 2022 for AED 4,400,000 (AED 2,432 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 18 March 2022.

Questions about 5701, The Residences at Marina Gate 2

What did unit 5701 last sell for?

AED 4,400,000 on 18 March 2022: AED 2,432 per sqft for 1,809 sqft. The unit has 2 registered sales; the first was AED 3,672,000 in March 2021.

How big is unit 5701?

1,809 sqft (168.1 sqm): a three-bedroom apartment on the 57th floor of a 64-storey tower completed in 2019.

What is unit 5701 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 5701, The Residences at Marina Gate 2

Starts from the last sale price (AED 4.4M, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →