2-bed · 1,204 sqftThe Residences at Marina Gate 2, Dubai Marina · 57th floor · completed 2019

5705, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5705 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 3.25M15 August 2023
Current rentAED 205K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5705, The Residences at Marina Gate 2

What is 5705 worth today?

Last sold for AED 3,250,000 in 2023

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15 May 2026RentedRenewal
AED 205,000/yr12 months · AED 170 per sqft
15 May 2025RentedNew contract
AED 205,000/yr12 months · AED 170 per sqft
15 May 2025RentedNew contract
AED 205,000/yr12 months · AED 170 per sqft
1 Dec 2024RentedNew contract
AED 250,000/yr12 months · AED 208 per sqft
1 Dec 2024RentedNew contract
AED 250,000/yr12 months · AED 208 per sqft
20 Nov 2023RentedNew contract
AED 230,000/yr12 months · AED 191 per sqft
15 Aug 2023SoldReady
AED 3,250,000AED 2,700 per sqft
4 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
2-bed apartment
Size
1,204 sqft
Floor
57th of 64
Parking
L2-20
Developer
Select Global Development
Completed
2019
Service charge
AED 20,500 /yr
Last sold
AED 3.25M · August 2023

About 5705, The Residences at Marina Gate 2

5705 is a two-bedroom apartment of 1,204 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 15 August 2023 for AED 3,250,000, or AED 2,700 per sqft, 8% above the AED 2,491 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 205,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 20,500 a year.

Sales and rents for 5705 over time

Sales
Unit 5705, each saleTypical two-bed in The Residences at Marina Gate 2
3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, December 2015: AED 2,646,000 (AED 2,198 per sqft)Sold, August 2023: AED 3,250,000 (AED 2,700 per sqft)

5705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5705, each contractTypical two-bed in The Residences at Marina Gate 2
100K200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000New contract, October 2019: AED 140,000 a yearNew contract, July 2020: AED 120,000 a yearNew contract, November 2023: AED 230,000 a yearNew contract, December 2024: AED 250,000 a yearNew contract, December 2024: AED 250,000 a yearNew contract, May 2025: AED 205,000 a yearNew contract, May 2025: AED 205,000 a yearRenewal, May 2026: AED 205,000 a year

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 5705 sits

All 178 2-beds →

5705 last sold in August 2023 at AED 2,700 per sqft, 8% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,491). 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. 5705's AED 205,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-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
57013-bedAED 4.4M · Mar 2022
57021-bedAED 1.98M · May 2015
57031-bedAED 1.96M · May 2015
57043-bedAED 4M · Jun 2021
57062-bedAED 3.8M · Dec 2024
57071-bedAED 2.05M · Jun 2024
57081-bedAED 1.79M · Feb 2023
1–7 of 9

5705, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 28 December 2015 for AED 2,646,000, last on 15 August 2023 for AED 3,250,000 (AED 2,700 per sqft).
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2020 and recovered to AED 205,000 by May 2026.
  • At AED 205,000 a year the gross yield on the 2023 price is 6.3%, 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 15 May 2026.

Questions about 5705, The Residences at Marina Gate 2

What did unit 5705 last sell for?

AED 3,250,000 on 15 August 2023: AED 2,700 per sqft for 1,204 sqft. The unit has 2 registered sales; the first was AED 2,646,000 in December 2015.

What is the rent for unit 5705?

AED 205,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 205,000; the unit has been rented since October 2019.

How big is unit 5705?

1,204 sqft (111.9 sqm): a two-bedroom apartment on the 57th floor of a 64-storey tower completed in 2019.

What is unit 5705 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 5705, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.25M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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