PropertyIndex

The Residences At Marina Gate 2

Completed · Q1 2019|535 units · 1 tower

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The Residences At Marina Gate 2 is a completed apartment development by SELECT GLOBAL DEVELOPMENT L.L.C in Dubai Marina, Marsa Dubai, comprising 535 registered units. 905 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,715 per sqft. At AED 2,715 per sqft, The Residences At Marina Gate 2 prices 7% above the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 14.6% YoY
3.36MAED
Typical
2,715AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
905
DLD · all time
Rent contracts
2,355
Ejari · all time
The Residences At Marina Gate 2

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
618 – 15,041 sqft
5353.36M2,71514.6%201K6.0%
Residential
1 Bed · Apartment
618 – 845 sqft
232
2 Bed · Apartment
1,201 – 2,480 sqft
178
3 Bed · Apartment
1,634 – 2,263 sqft
96
4 Bed · Apartment
3,985 – 11,663 sqft
12
5 Bed · Apartment
5,026 sqft
1
Commercial
Other Commercial
15,041 sqft
1
Shop
1,272 – 2,337 sqft
15
Sales — Project-Wide905 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
10 Aug 20263 BedThe Residence At Marina Gate 2 · Floor 391,8124,990,0002,754StandardStandard Sale
3 Aug 20261 BedThe Residence At Marina Gate 2 · Floor 257631,750,0002,293+18.0%Entry LevelStandard Sale
31 Jul 20261 BedThe Residence At Marina Gate 2 · Floor 218452,500,0002,959-7.4%StandardStandard Sale
Rentals — Project-Wide2,355 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
31 Aug 20262 Bed1,23169,80657Entry Levelnew
28 Aug 20262 Bed1,204145,000120Entry Levelnew
18 Aug 20262 Bed1,234185,000150Standardrenewal

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 2

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences At Marina Gate 2 cost?

Property in The Residences At Marina Gate 2 sells at a current PIX© price of AED 2,715 per sqft, or about AED 3,361,841 for a typical unit, based on 905 sales registered with the Dubai Land Department.

Is The Residences At Marina Gate 2 completed?

Yes. The Residences At Marina Gate 2 is recorded as completed in the Dubai Land Department project register (completed q1 2019).

Who is the developer of The Residences At Marina Gate 2?

The Residences At Marina Gate 2 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 2?

The Residences At Marina Gate 2 yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 2,355 registered Ejari contracts.

How many units are in The Residences At Marina Gate 2?

The Residences At Marina Gate 2 holds 535 registered units, per the Dubai Land Department unit register.

Have prices in The Residences At Marina Gate 2 gone up or down?

Price per sqft has fallen -14.6% over the last 12 months, to AED 2,715, across 905 registered sales.