5708, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in February 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5708, The Residences at Marina Gate 2
What is 5708 worth today?
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Source: Dubai Land Department. Updated 17 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 57th of 64
- Parking
- L3-83
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.79M · February 2023
- Building
- The Residences at Marina Gate 2
About 5708, The Residences at Marina Gate 2
5708 is a one-bedroom apartment of 762 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 February 2023 for AED 1,790,000, or AED 2,350 per sqft, in line with the AED 2,323 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 February 2022, is AED 136,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 12,900 a year.
Sales and rents for 5708 over time
5708 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 5708 sits
All 232 1-beds →5708 last sold in February 2023 at AED 2,350 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,323). 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 180,000 a year. 5708's AED 136,000 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 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 | |
| 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 | |
| 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 |
5708, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 18 August 2015 for AED 1,550,000, last on 17 February 2023 for AED 1,790,000 (AED 2,350 per sqft).
- Rented since July 2019 on 3 Ejari contracts, from AED 90,000 to AED 136,000 a year.
- At AED 136,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 12,900 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 17 February 2023.
Questions about 5708, The Residences at Marina Gate 2
What did unit 5708 last sell for?
AED 1,790,000 on 17 February 2023: AED 2,350 per sqft for 762 sqft. The unit has 3 registered sales; the first was AED 1,550,000 in August 2015.
What is the rent for unit 5708?
AED 136,000 a year on the contract signed on 1 February 2022. The previous contract, from July 2020, was AED 83,000; the unit has been rented since July 2019.
How big is unit 5708?
762 sqft (70.8 sqm): a one-bedroom apartment on the 57th floor of a 64-storey tower completed in 2019.
What is unit 5708 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 5708, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.79M, 17 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,790,000
- Deposit, UAE resident (20%)
- AED 358,000
- Deposit, non-resident (40%)
- AED 716,000
- Monthly over 25 years at 3.7%
- AED 7,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →