6202, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6202, The Residences at Marina Gate 2
What is 6202 worth today?
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Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 5,781 sqft
- Floor
- 62nd of 64
- Parking
- M-48, M-49, M-50
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 98,300 /yr
- Last sold
- AED 12.48M · January 2019
- Building
- The Residences at Marina Gate 2
About 6202, The Residences at Marina Gate 2
6202 is a four-bedroom apartment of 5,781 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 9 January 2019 for AED 12,478,000, or AED 2,158 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 21 June 2024, is AED 903,375 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 98,300 a year.
Sales and rents for 6202 over time
6202 has sold once; the dashed line is the four-bed median of each year in the building.
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 6202 sits
All 12 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202324 August 2023 | 5,791 sqft | 16,000,000 | 2,762 | ||
| 19 Jul 202319 July 2023 | 4,642 sqft | 13,000,000 | 2,800 | ||
| 8 May 20238 May 2023 | 4,429 sqft | 15,000,000 | 3,387 | ||
| 29 Sep 202229 September 2022 | 11,663 sqft | 38,000,000 | 3,258 |
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 62nd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6201 | 4-bed | 5,792 sqft | AED 11.7MAED 11,700,000 · Mar 2020March 2020 |
6202, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 9 January 2019 for AED 12,478,000, or AED 2,158 per sqft.
- Rented since February 2022 on 4 Ejari contracts, from AED 100,000 to AED 903,375 a year.
- At AED 903,375 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 98,300 a year (AED 17.00 per sqft).
Source: Dubai Land Department. Updated 21 June 2024.
Questions about 6202, The Residences at Marina Gate 2
What did unit 6202 last sell for?
AED 12,478,000 on 9 January 2019, sold by the developer: AED 2,158 per sqft for 5,781 sqft. It is the only registered sale of the unit.
What is the rent for unit 6202?
AED 903,375 a year on the contract signed on 21 June 2024. The previous contract, from June 2024, was AED 903,375; the unit has been rented since February 2022.
How big is unit 6202?
5,781 sqft (537.1 sqm): a four-bedroom apartment on the 62nd floor of a 64-storey tower completed in 2019.
What is unit 6202 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 6202, The Residences at Marina Gate 2
Starts from the last sale price (AED 12.48M, 9 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 12,478,000
- Deposit, UAE resident (20%)
- AED 2,495,600
- Deposit, non-resident (40%)
- AED 4,991,200
- Monthly over 25 years at 3.7%
- AED 51,051
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →