4-bed · 5,792 sqftThe Residences at Marina Gate 2, Dubai Marina · 62nd floor · completed 2019

6201, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6201 · DLD and Ejari recordsUpdated 22 March 2020
Last soldAED 11.7M22 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6201, The Residences at Marina Gate 2

What is 6201 worth today?

Last sold for AED 11,700,000 in 2020

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22 Mar 2020Sold by developerReady
AED 11,700,000AED 2,020 per sqft

Source: Dubai Land Department. Updated 22 March 2020.

Key facts

Type
4-bed apartment
Size
5,792 sqft
Floor
62nd of 64
Parking
L1-29, L1-30, L1-15
Developer
Select Global Development
Completed
2019
Service charge
AED 98,500 /yr
Last sold
AED 11.7M · March 2020

About 6201, The Residences at Marina Gate 2

6201 is a four-bedroom apartment of 5,792 sqft on the 62nd 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 22 March 2020 for AED 11,700,000, or AED 2,020 per sqft, in line with the AED 2,020 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 6201 over time

Sales
Unit 6201, each saleTypical four-bed in The Residences at Marina Gate 2
10M12.5M15M2015201820212024Typical sale price by year: 2015 AED 9,886,000; 2021 AED 11,500,000; 2023 AED 15,000,000Sold by developer, March 2020: AED 11,700,000 (AED 2,020 per sqft)

6201 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6201, each contractTypical four-bed in The Residences at Marina Gate 2
750K1M1.25M202120232025Typical rent by year: 2021 AED 752,500; 2022 AED 724,197; 2023 AED 988,643; 2024 AED 903,375; 2025 AED 1,196,250

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in The Residences at Marina Gate 2, and where 6201 sits

All 12 4-beds →

6201 last sold in March 2020 at AED 2,020 per sqft, in line with what four-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,020).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Aug 202316,000,000
19 Jul 202313,000,000
8 May 202315,000,000
29 Sep 202238,000,000
0 4-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
62024-bedAED 12.48M · Jan 2019

6201, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 22 March 2020 for AED 11,700,000, or AED 2,020 per sqft.

Source: Dubai Land Department. Updated 22 March 2020.

Questions about 6201, The Residences at Marina Gate 2

What did unit 6201 last sell for?

AED 11,700,000 on 22 March 2020, sold by the developer: AED 2,020 per sqft for 5,792 sqft. It is the only registered sale of the unit.

How big is unit 6201?

5,792 sqft (538.1 sqm): a four-bedroom apartment on the 62nd floor of a 64-storey tower completed in 2019.

What is unit 6201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 6201, The Residences at Marina Gate 2

Starts from the last sale price (AED 11.7M, 22 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 11,700,000
Deposit, UAE resident (20%)
AED 2,340,000
Deposit, non-resident (40%)
AED 4,680,000
Monthly over 25 years at 3.7%
AED 47,868

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