5903, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in May 2015, 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 5903, The Residences at Marina Gate 2
What is 5903 worth today?
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Source: Dubai Land Department. Updated 4 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 385 sqft
- Floor
- 59th of 64
- Parking
- L3-77
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 6,500 /yr
- Last sold
- AED 1.99M · May 2015
- Building
- The Residences at Marina Gate 2
About 5903, The Residences at Marina Gate 2
5903 is a one-bedroom apartment of 385 sqft on the 59th floor of The Residences at Marina Gate 2, a 64-storey tower in Dubai Marina completed in 2019 by Select Global Development. The developer sold it on 12 May 2015 for AED 1,991,000, or AED 2,583 per sqft, 15% above the AED 2,255 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 4 October 2024, is AED 166,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 6,500 a year.
Sales and rents for 5903 over time
5903 has sold once; 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 5903 sits
All 232 1-beds →5903 last sold in May 2015 at AED 2,583 per sqft, 15% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,255). 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. 5903's AED 166,000 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 59th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5901 | 3-bed | 1,809 sqft | AED 5.5MAED 5,500,000 · Apr 2023April 2023 | 249,716 /yr | |
| 5902 | 1-bed | 770 sqft | AED 3.15MAED 3,150,000 · Dec 2025December 2025 | 180,000 /yr | |
| 5904 | 3-bed | 1,810 sqft | AED 4.14MAED 4,139,500 · May 2015May 2015 | 350,000 /yr | |
| 5905 | 2-bed | 1,204 sqft | AED 3.4MAED 3,400,000 · Oct 2023October 2023 | 220,000 /yr | |
| 5906 | 2-bed | 1,231 sqft | AED 3MAED 3,000,000 · Feb 2023February 2023 | 170,000 /yr | |
| 5907 | 1-bed | 762 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 132,120 /yr | |
| 5908 | 1-bed | 762 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | 97,200 /yr | |
| 5909 | 2-bed | 1,232 sqft | AED 2.35MAED 2,350,000 · May 2021May 2021 | 113,789 /yr | |
| 5910 | 2-bed | 1,204 sqft | AED 2MAED 1,999,000 · Dec 2021December 2021 | 190,000 /yr |
5903, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 12 May 2015 for AED 1,991,000, or AED 2,583 per sqft.
- Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 166,000 by October 2024.
- At AED 166,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 6,500 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 4 October 2024.
Questions about 5903, The Residences at Marina Gate 2
What did unit 5903 last sell for?
AED 1,991,000 on 12 May 2015, sold by the developer: AED 2,583 per sqft for 385 sqft. It is the only registered sale of the unit.
What is the rent for unit 5903?
AED 166,000 a year on the contract signed on 4 October 2024. The previous contract, from October 2024, was AED 166,000; the unit has been rented since October 2019.
How big is unit 5903?
385 sqft (35.8 sqm): a one-bedroom apartment on the 59th floor of a 64-storey tower completed in 2019.
What is unit 5903 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 5903, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.99M, 12 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,991,000
- Deposit, UAE resident (20%)
- AED 398,200
- Deposit, non-resident (40%)
- AED 796,400
- Monthly over 25 years at 3.7%
- AED 8,146
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →