PropertyIndex

The Residences At Marina Gate 1

Completed · Q2 2018|415 units · 1 tower

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The Residences At Marina Gate 1 is a completed apartment development by SELECT GLOBAL DEVELOPMENT L.L.C in Dubai Marina, Marsa Dubai, comprising 415 registered units. 694 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,784 per sqft. At AED 2,784 per sqft, The Residences At Marina Gate 1 prices 10% above the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 4.9% YoY
3.74MAED
Typical
2,784AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
694
DLD · all time
Rent contracts
2,163
Ejari · all time
The Residences At Marina Gate 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
545 – 5,480 sqft
4153.74M2,7844.9%199K5.3%
Residential
Studio · Apartment
545 sqft
9
1 Bed · Apartment
690 – 903 sqft
132
2 Bed · Apartment
1,253 – 2,310 sqft
160
3 Bed · Apartment
1,750 – 3,841 sqft
76
4 Bed · Apartment
2,352 – 5,348 sqft
20
5 Bed · Apartment
5,348 – 5,480 sqft
2
Commercial
Shop
1,024 – 3,023 sqft
16
Sales — Project-Wide694 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
6 Aug 20263 BedFloor 391,9595,700,0002,910+42.5%StandardStandard Sale
16 Jun 20263 BedFloor 221,8225,100,0002,800+98.1%StandardStandard Sale
12 May 20262 BedFloor 241,2563,750,0002,985+50.0%StandardStandard Sale
Rentals — Project-Wide2,163 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Oct 20262 Bed1,325153,412116Entry Levelrenewal
15 Aug 20261 BedFloor 1369180,000116-15.8%Entry Levelnew
15 Aug 20261 BedFloor 31836100,000120-23.1%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about The Residences At Marina Gate 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences At Marina Gate 1 cost?

Property in The Residences At Marina Gate 1 sells at a current PIX© price of AED 2,784 per sqft, or about AED 3,740,587 for a typical unit, based on 694 sales registered with the Dubai Land Department.

Is The Residences At Marina Gate 1 completed?

Yes. The Residences At Marina Gate 1 is recorded as completed in the Dubai Land Department project register (completed q2 2018).

Who is the developer of The Residences At Marina Gate 1?

The Residences At Marina Gate 1 is developed by SELECT GLOBAL DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Residences At Marina Gate 1?

The Residences At Marina Gate 1 yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 2,163 registered Ejari contracts.

How many units are in The Residences At Marina Gate 1?

The Residences At Marina Gate 1 holds 415 registered units, per the Dubai Land Department unit register.

Have prices in The Residences At Marina Gate 1 gone up or down?

Price per sqft has risen +4.9% over the last 12 months, to AED 2,784, across 694 registered sales.