5706, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in December 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 5706, The Residences at Marina Gate 2
What is 5706 worth today?
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Source: Dubai Land Department. Updated 25 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,231 sqft
- Floor
- 57th of 64
- Parking
- L2-21
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,900 /yr
- Last sold
- AED 3.8M · December 2024
- Building
- The Residences at Marina Gate 2
About 5706, The Residences at Marina Gate 2
5706 is a two-bedroom apartment of 1,231 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 25 December 2024 for AED 3,800,000, or AED 3,086 per sqft, 13% above the AED 2,742 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 22 December 2023, is AED 230,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 20,900 a year.
Sales and rents for 5706 over time
5706 has sold twice; 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 5706 sits
All 178 2-beds →5706 last sold in December 2024 at AED 3,086 per sqft, 13% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,742). 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. 5706's AED 230,000 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 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 | |
| 5704 | 3-bed | 1,810 sqft | AED 4MAED 4,000,000 · Jun 2021June 2021 | 250,000 /yr | |
| 5705 | 2-bed | 1,204 sqft | AED 3.25MAED 3,250,000 · Aug 2023August 2023 | 205,000 /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 |
5706, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 31 October 2017 for AED 2,543,000, last on 25 December 2024 for AED 3,800,000 (AED 3,086 per sqft).
- Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 116,000 in 2020 and recovered to AED 230,000 by December 2023.
- At AED 230,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 20,900 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 25 December 2024.
Questions about 5706, The Residences at Marina Gate 2
What did unit 5706 last sell for?
AED 3,800,000 on 25 December 2024: AED 3,086 per sqft for 1,231 sqft. The unit has 2 registered sales; the first was AED 2,543,000 in October 2017.
What is the rent for unit 5706?
AED 230,000 a year on the contract signed on 22 December 2023. The previous contract, from August 2021, was AED 127,500; the unit has been rented since August 2019.
How big is unit 5706?
1,231 sqft (114.4 sqm): a two-bedroom apartment on the 57th floor of a 64-storey tower completed in 2019.
What is unit 5706 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 5706, The Residences at Marina Gate 2
Starts from the last sale price (AED 3.8M, 25 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →