5704, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in June 2021, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5704, The Residences at Marina Gate 2
What is 5704 worth today?
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Source: Dubai Land Department. Updated 17 June 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,810 sqft
- Floor
- 57th of 64
- Parking
- L1-39, L1-40
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 30,800 /yr
- Last sold
- AED 4M · June 2021
- Building
- The Residences at Marina Gate 2
About 5704, The Residences at Marina Gate 2
5704 is a three-bedroom apartment of 1,810 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 17 June 2021 for AED 4,000,000, or AED 2,209 per sqft, 11% above the AED 1,994 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 November 2020. The current contract, signed on 12 November 2020, is AED 250,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 30,800 a year.
Sales and rents for 5704 over time
5704 has sold 3 times; 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 5704 sits
All 96 3-beds →5704 last sold in June 2021 at AED 2,209 per sqft, 11% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,994). 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. 5704's AED 250,000 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 57th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 3-bed | 1,809 sqft | AED 4.4MAED 4,400,000 · Mar 2022March 2022 | ||
| 5702 | 1-bed | 770 sqft | AED 1.98MAED 1,977,000 · May 2015May 2015 | 155,000 /yr | |
| 5703 | 1-bed | 771 sqft | AED 1.96MAED 1,957,230 · May 2015May 2015 | 145,000 /yr | |
| 5705 | 2-bed | 1,204 sqft | AED 3.25MAED 3,250,000 · Aug 2023August 2023 | 205,000 /yr | |
| 5706 | 2-bed | 1,231 sqft | AED 3.8MAED 3,800,000 · Dec 2024December 2024 | 230,000 /yr | |
| 5707 | 1-bed | 762 sqft | AED 2.05MAED 2,050,000 · Jun 2024June 2024 | 139,000 /yr | |
| 5708 | 1-bed | 762 sqft | AED 1.79MAED 1,790,000 · Feb 2023February 2023 | 136,000 /yr | |
| 5709 | 2-bed | 1,232 sqft | AED 3.35MAED 3,350,000 · Jun 2023June 2023 | 210,000 /yr | |
| 5710 | 2-bed | 1,204 sqft | AED 3.15MAED 3,150,000 · Dec 2024December 2024 | 190,000 /yr |
5704, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 24 August 2015 for AED 4,198,000, last on 17 June 2021 for AED 4,000,000 (AED 2,209 per sqft).
- Rented since November 2020 on one Ejari contract, at AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2021 price is 6.3%, 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 17 June 2021.
Questions about 5704, The Residences at Marina Gate 2
What did unit 5704 last sell for?
AED 4,000,000 on 17 June 2021: AED 2,209 per sqft for 1,810 sqft. The unit has 3 registered sales; the first was AED 4,198,000 in August 2015.
What is the rent for unit 5704?
AED 250,000 a year on the contract signed on 12 November 2020.
How big is unit 5704?
1,810 sqft (168.2 sqm): a three-bedroom apartment on the 57th floor of a 64-storey tower completed in 2019.
What is unit 5704 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 5704, The Residences at Marina Gate 2
Starts from the last sale price (AED 4M, 17 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →