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3-bed · 1,641 sqftThe Residences at Marina Gate 2, Dubai Marina · 9th floor · completed 2019

902, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 5.2M28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, The Residences at Marina Gate 2

What is 902 worth today?

Last sold for AED 5,200,000 in 2023

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28 Dec 2023SoldReady
AED 5,200,000AED 3,169 per sqft
15 Jun 2020Sold by developerReady
AED 3,395,000AED 2,069 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
3-bed apartment
Size
1,641 sqft
Floor
9th of 64
Parking
B2-60, B2-61
Developer
Select Global Development
Completed
2019
Service charge
AED 27,900 /yr
Last sold
AED 5.2M · December 2023
Building
The Residences at Marina Gate 2

About 902, The Residences at Marina Gate 2

902 is a three-bedroom apartment of 1,641 sqft on the 9th 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 28 December 2023 for AED 5,200,000, or AED 3,169 per sqft, 15% above the AED 2,766 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in The Residences at Marina Gate 2
4M6M2015201820212024Typical sale price by year: 2015 AED 4,044,460; 2016 AED 4,060,000; 2017 AED 4,072,500; 2018 AED 4,024,000; 2019 AED 3,477,500; 2020 AED 2,929,150; 2021 AED 3,672,000; 2022 AED 4,350,000; 2023 AED 5,500,000; 2024 AED 6,000,000; 2025 AED 6,550,000Sold by developer, June 2020: AED 3,395,000 (AED 2,069 per sqft)Sold, December 2023: AED 5,200,000 (AED 3,169 per sqft)

902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 902, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K20192021202320252027Typical rent by year: 2019 AED 200,000; 2020 AED 190,000; 2021 AED 215,000; 2022 AED 250,000; 2023 AED 310,000; 2024 AED 320,000; 2025 AED 330,000; 2026 AED 309,163

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

3-beds in The Residences at Marina Gate 2, and where 902 sits

All 96 3-beds →

902 last sold in December 2023 at AED 3,169 per sqft, 15% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,766). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20264,990,000
25 Feb 20265,650,000
19 Dec 20257,100,000
16 Dec 20257,575,000
5 3-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 →

Other units on the 9th floor

All 511 units in The Residences at Marina Gate 2
Value
9013-bedAED 5M · Oct 2022
9033-bedAED 4.4M · Jun 2022
9041-bedAED 1.81M · Feb 2018
9052-bedAED 1.88M · Aug 2019
9061-bedAED 1.3M · Feb 2015
9071-bedAED 1.32M · Jan 2015
9082-bedAED 2.6M · Jan 2015
1–7 of 8

902, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 15 June 2020 for AED 3,395,000, last on 28 December 2023 for AED 5,200,000 (AED 3,169 per sqft).
  • Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 28 December 2023.

Questions about 902, The Residences at Marina Gate 2

What did unit 902 last sell for?

AED 5,200,000 on 28 December 2023: AED 3,169 per sqft for 1,641 sqft. The unit has 2 registered sales; the first was AED 3,395,000 in June 2020.

How big is unit 902?

1,641 sqft (152.5 sqm): a three-bedroom apartment on the 9th floor of a 64-storey tower completed in 2019.

What is unit 902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.

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Mortgage on 902, The Residences at Marina Gate 2

Starts from the last sale price (AED 5.2M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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