The Residence at Marina Gate 2
- Completed 2019
- 519 units
- 61 floors
- 11 lifts
- 770 parking bays
- 1 pool
- Master developer Select Global
A 1 bed in The Residence at Marina Gate 2 costs a median AED 2.44M and rents long-let for AED 120,000/yr (4.9% gross).
1 bed · typical price
2.44MAED
AED 2,959/sqft · -3.7% on a year
- Rent a year
- AED 120,000
- Gross yield
- 4.9%
- vs Dubai Marina
- 49% above the median
Cost to buy, all inAED 2.60M
- Price
- AED 2.44M
- DLD fee 4%
- AED 97,700
- Agent 2% + VAT
- AED 51,293
- Trustee
- AED 4,200
Fees repaid by rent15 months
Is The Residence at Marina Gate 2 a good investment?Little new supply nearby; the rent pays below the Dubai median and prices are slipping
- Does it pay a good rent?4.9% gross, before the service charge (not on file) (Dubai median 6.8%)4.9%Watch
- Are rents going up?New 1 bed leases: AED 140,000 a year ago, AED 120,000 now (pooled across the project)-14.3%
- Are prices going up?1 bed: AED 3,073/sqft a year ago, 2,959 now-3.7%Watch
- How fast do fees pay back?AED 153,193 in fees to buy a 1 bed; rent covers it in 1.3 years1.3 yrs
- Can I sell easily?29 sales in 12 months, 6% of the tower (57 the year before)29Fair
- Is a lot being built nearby?2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today. A further 693 are past their planned date. Dubai Marina supply by year →19%Strength
- Did earlier buyers gain?Up 55% for buyers 5 years ago; up 35% for launch buyers, before fees+55.0%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
The Residence at Marina Gate 2 prices and rents by unit typeA one-bed costs about AED 2.44M and rents for about AED 120,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Marina · area median AED 1,982/sqft
- 12-month change
- -3.7%
- 3 years
- +10.7% · +3.4%/yr
- 5 years
- +60.5% · +9.9%/yr
- vs area median
- +49.3%
- Rank by price per sqft
- 12th of 84
- Off-plan price gain, 2015–2019
- +38.9% · +3.7%/yr
Rental income
1 bed · Dubai Marina
- Gross yield
- 4.9%
- Median new rent
- AED 120,000/yr
- Yield vs area median
- -0.9 pts
- Yield vs Dubai (6.8%)
- -1.9 pts
- Yield rank
- 39th of 40
- Renewal rent
- AED 130,000/yr
- New tenants pay vs sitting (58 renewals)
- -7.7%
Read with care
- Rental data covers the whole The Residences at Marina Gate 2 project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Jan 2015, AED 1,889,810; latest, Aug 2026, AED 1,975,000; peak, Nov 2025, AED 3,000,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,960 · before fees
- Launch, 2015–19
- 2,200
- +35%
- 271 sales
- 5 years ago
- 1,910
- +55%
- 80 sales
- 3 years ago
- 2,691
- +10%
- 74 sales
- Previous 12 months
- 3,162
- −6%
- 57 sales
- Last 12 months
- 2,960
- today
- 29 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
29 resales in the last 12 months, against 57 a year on average over 2023–2025.
29 resales in the last 12 months.
Comparables in Dubai Marina
Every Dubai Marina building with a page, ranked by price per sqft over the same 12 months, all unit types. The Residence at Marina Gate 2 places 18th of 134; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Residence at Marina Gate 2 (AED 2,960/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, The Residence at Marina Gate 2 has registered sale prices 49% above the Dubai Marina median price per square foot of 1,982 AED, across 84 eligible buildings. It ranks 12th of 84 by price per square foot and 39th of 40 by gross yield in Dubai Marina.
Market context in Dubai Marina
Registered sales activity
2,029 ready apartment sales in the 12 months to 2026-10-12.
+14.7% in median AED/sqft versus the preceding year, supported by 2,029 current and 2,897 prior price observations.
Explore sales activityPlanned apartment projects
2,006 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.
4 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today.
Ready prices per sqft fell in 37% of 122 buildings (counted once per bedroom type) in Dubai Marina with sales in both years; the typical one moved +2.4%.
The pooled median moved +14.7%: 12.4 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 88% of 84 buildings (counted once per bedroom type) with leases in both years; the typical one moved −8.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About The Residence at Marina Gate 2
The Residence at Marina Gate 2 is an apartment building completed in 2019 by Select Global in Dubai Marina with 519 registered units. 895 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 61
- Lifts
- 11
- Parking bays
- 770
- Pools
- 1
- Master developer
- Select Global
Drive times · typical
- Downtown
- 21 min · 21 km
- DXB Airport
- 25 min · 34 km
- DIFC
- 17 min · 24 km
- Dubai Marina
- 6 min · 2.0 km
- Palm Jumeirah
- 17 min · 12 km
Nearest, as registered
- Metro
- Marina Towers
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
The Residence at Marina Gate 2: AED 2,960 per sq ft, 56% above the median Dubai Marina building, and a 4.8% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The Residence at Marina Gate 2AED 2,960
- Dubai Marina, readyAED 2,011
- Dubai Marina, off-planAED 3,049
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The Residence at Marina Gate 2Dubai Marina median building
- Dubai Marina4.8% vs 5.4%
More from Select Global
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
The Edge
Business Bay · 125 sales, 12 months
1.53M
AED, resale median · 2,442/sqft
Peninsula One
Business Bay · 78 sales, 12 months
1.83M
AED, resale median · 2,776/sqft
Nearby in Dubai Marina
Prices per sq ft around The Residence at Marina Gate 2, on the mapPrices per sq ft around The Residence at Marina Gate 2, on the map
Torch Tower
Dubai Marina · 44 sales, 12 months
1.82M
AED, resale median · 1,488/sqft
DAMAC Heights
Dubai Marina · 44 sales, 12 months
2.86M
AED, resale median · 2,048/sqft
Elite Residence
Dubai Marina · 43 sales, 12 months
1.80M
AED, resale median · 1,406/sqft
LIV Marina
Dubai Marina · 41 sales, 12 months
3.00M
AED, resale median · 3,304/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Residence at Marina Gate 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 10,861AED
- 4.5% over 25 years
- Monthly rent
- 10,000AED
- AED 120,000 a year
- Cash needed at purchase
- 669,118AED
- 20% down plus AED 180,618 in fees
Owning costs AED 374,473 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in The Residence at Marina Gate 2?
- The Residence at Marina Gate 2 returns 4.9% gross: a median new-contract rent of AED 120,000 a year (93 Ejari contracts in 12 months) over a price benchmark of AED 2.44M (median of 14 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in The Residence at Marina Gate 2 cost?
- The median registered sale price is AED 2.44M (2,959 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The Residence at Marina Gate 2 selling for right now?
- Registered sales of ready units in The Residence at Marina Gate 2 over the last 12 months have a median of 2,959 AED/sqft, across 14 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The Residence at Marina Gate 2 risen or fallen?
- Median price per square foot moved -3.7% over the last 12 months against the 12 before it, on 14 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does The Residence at Marina Gate 2 compare with Dubai Marina?
- Its 4.9% gross yield sits -0.9 pts against the Dubai Marina median of 5.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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The Residence at Marina Gate 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 14 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “The Residence at Marina Gate 2 sale prices and yield.” Dubai Marina, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/the-residence-at-marina-gate-2
Stable dataJSON