5906, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5906, The Residences at Marina Gate 2
What is 5906 worth today?
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Source: Dubai Land Department. Updated 3 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,231 sqft
- Floor
- 59th of 64
- Parking
- L2-27
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,900 /yr
- Last sold
- AED 3M · February 2023
- Building
- The Residences at Marina Gate 2
About 5906, The Residences at Marina Gate 2
5906 is a two-bedroom apartment of 1,231 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. It last sold on 3 February 2023 for AED 3,000,000, or AED 2,436 per sqft, in line with the AED 2,436 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 November 2022, is AED 170,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 20,900 a year.
Sales and rents for 5906 over time
5906 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 5906 sits
All 178 2-beds →5906 last sold in February 2023 at AED 2,436 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,436). 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. 5906's AED 170,000 is in the lower 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 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 | |
| 5903 | 1-bed | 385 sqft | AED 1.99MAED 1,991,000 · May 2015May 2015 | 166,000 /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 | |
| 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 |
5906, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 15 April 2018 for AED 2,570,000, last on 3 February 2023 for AED 3,000,000 (AED 2,436 per sqft).
- Rented since July 2021 on 4 Ejari contracts, from AED 160,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2023 price is 5.7%, 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 3 February 2023.
Questions about 5906, The Residences at Marina Gate 2
What did unit 5906 last sell for?
AED 3,000,000 on 3 February 2023: AED 2,436 per sqft for 1,231 sqft. The unit has 2 registered sales; the first was AED 2,570,000 in April 2018.
What is the rent for unit 5906?
AED 170,000 a year on the contract signed on 15 November 2022. The previous contract, from November 2022, was AED 170,000; the unit has been rented since July 2021.
How big is unit 5906?
1,231 sqft (114.4 sqm): a two-bedroom apartment on the 59th floor of a 64-storey tower completed in 2019.
What is unit 5906 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 5906, The Residences at Marina Gate 2
Starts from the last sale price (AED 3M, 3 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →