THE RESIDENCES AT MARINA GATE 2

Ready

DeveloperSELECT GLOBAL DEVELOPMENT L.L.C

CommunityDubai Marina

AreaMarsa Dubai

Started

11 years 8 months ago01-05-2014

Handover

6 years 10 months ago24-02-2019

Status

CompleteFinished

Project Description

Residential tower located in Dubai Marina consisting of 2B + G + M + 8P + 56 + R. with external and internal finishes

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 2,896/sqft

Last 12M:AED 2,989/sqft

Momentum: Last 12Mvs Prior Year

Falling

-3%

Decline

Last 12M:AED 2,989/sqft

Prior Year:AED 3,083/sqft

Community Compare: Last 90DDubai Marina

Premium

+57%

Above Avg

Project:AED 2,896/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

51Sold (Last 12M)

Supply & Demand Matrix

THE RESIDENCES AT MARINA GATE 2 averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

232 units

29 sold203 left

13%

Velocity

2 Bedrooms

178 units

9 sold169 left

Velocity

3 Bedrooms

96 units

13 sold83 left

14%

Velocity

4 Bedrooms

12 units

0 sold12 left

Velocity

5 Bedrooms

1 units

0 sold1 left

Velocity

Shop

15 units

0 sold15 left

Velocity

Layouts & Units (535)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 10 units	Type Flat	Beds 2 B/R	Size 1,210 sqft	Avg Price AED 3.0M	Last Price AED 3.6M	Last Sold 8 days ago	Sales 10

Units 36 units	Type Flat	Beds 1 B/R	Size 762 sqft	Avg Price AED 1.9M	Last Price AED 2.1M	Last Sold 17 days ago	Sales 28

Units 36 units	Type Flat	Beds 1 B/R	Size 763 sqft	Avg Price AED 1.4M	Last Price AED 30K	Last Sold 17 days ago	Sales 26

Units 48 units	Type Flat	Beds 1 B/R	Size 770 sqft	Avg Price AED 2.4M	Last Price AED 3.1M	Last Sold 28 days ago	Sales 32

Units 6 units	Type Flat	Beds 3 B/R	Size 2,259 sqft	Avg Price AED 6.5M	Last Price AED 7.1M	Last Sold about 1 month ago	Sales 9

Units 8 units	Type Flat	Beds 3 B/R	Size 2,146 sqft	Avg Price AED 6.0M	Last Price AED 7.6M	Last Sold about 1 month ago	Sales 9

Units 15 units	Type Flat	Beds 3 B/R	Size 1,634 sqft	Avg Price AED 4.7M	Last Price AED 5.7M	Last Sold about 1 month ago	Sales 9

Units 57 units	Type Flat	Beds 1 B/R	Size 828 sqft	Avg Price AED 1.9M	Last Price AED 2.5M	Last Sold 2 months ago	Sales 34

Units 19 units	Type Flat	Beds 1 B/R	Size 827 sqft	Avg Price AED 1.9M	Last Price AED 2.8M	Last Sold 2 months ago	Sales 8

Units 8 units	Type Flat	Beds 3 B/R	Size 2,149 sqft	Avg Price AED 5.3M	Last Price AED 5.0M	Last Sold 3 months ago	Sales 8

Units 4 units	Type Flat	Beds 1 B/R	Size 822 sqft	Avg Price AED 2.3M	Last Price AED 2.6M	Last Sold 4 months ago	Sales 6

Units 37 units	Type Flat	Beds 2 B/R	Size 1,203 sqft	Avg Price AED 2.7M	Last Price AED 2.6M	Last Sold 4 months ago	Sales 30

Units 22 units	Type Flat	Beds 2 B/R	Size 1,312 sqft	Avg Price AED 3.5M	Last Price AED 4.2M	Last Sold 5 months ago	Sales 10

Units 70 units	Type Flat	Beds 2 B/R	Size 1,231 sqft	Avg Price AED 2.5M	Last Price AED 3.4M	Last Sold 6 months ago	Sales 37

Units 48 units	Type Flat	Beds 3 B/R	Size 1,809 sqft	Avg Price AED 4.8M	Last Price AED 6.5M	Last Sold 6 months ago	Sales 51

Units 26 units	Type Flat	Beds 2 B/R	Size 1,233 sqft	Avg Price AED 2.7M	Last Price AED 3.3M	Last Sold 8 months ago	Sales 10

Units 24 units	Type Flat	Beds 1 B/R	Size 619 sqft	Avg Price AED 1.4M	Last Price AED 1.9M	Last Sold 9 months ago	Sales 18

Units 4 units	Type Flat	Beds 2 B/R	Size 1,324 sqft	Avg Price AED 4.0M	Last Price AED 4.1M	Last Sold 9 months ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 843 sqft	Avg Price AED 2.0M	Last Price AED 2.8M	Last Sold almost 2 years ago	Sales 6

Units 9 units	Type Flat	Beds 3 B/R	Size 1,641 sqft	Avg Price AED 4.1M	Last Price AED 5.2M	Last Sold about 2 years ago	Sales 3

Units 303	Type Flat	Beds 2 B/R	Size 2,480 sqft	Avg Price AED 6.8M	Last Price AED 8.4M	Last Sold about 2 years ago	Sales 3

Units 2 units	Type Flat	Beds 4 B/R	Size 5,791 sqft	Avg Price AED 16.0M	Last Price AED 16.0M	Last Sold over 2 years ago	Sales 1

Units 301	Type Flat	Beds 4 B/R	Size 4,642 sqft	Avg Price AED 13.0M	Last Price AED 13.0M	Last Sold over 2 years ago	Sales 1

Units 501	Type Flat	Beds 4 B/R	Size 4,429 sqft	Avg Price AED 12.5M	Last Price AED 15.0M	Last Sold over 2 years ago	Sales 2

Units 5 units	Type Flat	Beds 2 B/R	Size 1,319 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold about 3 years ago	Sales 1

Units 6401	Type Flat	Beds 4 B/R	Size 11,663 sqft	Avg Price AED 30.5M	Last Price AED 38.0M	Last Sold over 3 years ago	Sales 2

Units R206	Type Shop	Beds —	Size 1,272 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 3 years ago	Sales 1

Units R108	Type Shop	Beds —	Size 1,307 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold over 3 years ago	Sales 1

Units R103	Type Shop	Beds —	Size 1,512 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold over 3 years ago	Sales 1

Units R205	Type Shop	Beds —	Size 1,747 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold over 3 years ago	Sales 1

Units R104	Type Shop	Beds —	Size 1,935 sqft	Avg Price AED 3.9M	Last Price AED 3.9M	Last Sold over 3 years ago	Sales 1

Units R102	Type Shop	Beds —	Size 2,189 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold over 3 years ago	Sales 1

Units R101	Type Shop	Beds —	Size 1,348 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold over 3 years ago	Sales 1

Units R204	Type Shop	Beds —	Size 1,643 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold over 3 years ago	Sales 1

Units R202	Type Shop	Beds —	Size 1,655 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold over 3 years ago	Sales 1

Units R203	Type Shop	Beds —	Size 1,695 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold over 3 years ago	Sales 1

Units R201	Type Shop	Beds —	Size 1,701 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold over 3 years ago	Sales 1

Units R105	Type Shop	Beds —	Size 1,886 sqft	Avg Price AED 3.8M	Last Price AED 3.8M	Last Sold over 3 years ago	Sales 1

Units R207	Type Shop	Beds —	Size 1,902 sqft	Avg Price AED 3.9M	Last Price AED 3.9M	Last Sold over 3 years ago	Sales 1

Units R106	Type Shop	Beds —	Size 2,337 sqft	Avg Price AED 4.7M	Last Price AED 4.7M	Last Sold over 3 years ago	Sales 1

Units R107	Type Shop	Beds —	Size 7,266 sqft	Avg Price AED 14.8M	Last Price AED 14.8M	Last Sold over 3 years ago	Sales 1

Units 304	Type Flat	Beds 4 B/R	Size 5,078 sqft	Avg Price AED 12.9M	Last Price AED 12.9M	Last Sold over 3 years ago	Sales 1

Units 2301	Type Flat	Beds 2 B/R	Size 1,317 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold almost 4 years ago	Sales 1

Units 503	Type Flat	Beds 2 B/R	Size 1,729 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold almost 5 years ago	Sales 1

Units 4705	Type Flat	Beds 2 B/R	Size 1,201 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold almost 5 years ago	Sales 1

Units 6102	Type Flat	Beds 4 B/R	Size 5,811 sqft	Avg Price AED 12.6M	Last Price AED 12.6M	Last Sold almost 5 years ago	Sales 1

Units 6302	Type Flat	Beds 4 B/R	Size 5,777 sqft	Avg Price AED 12.0M	Last Price AED 12.0M	Last Sold almost 5 years ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 2,263 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 502	Type Flat	Beds 4 B/R	Size 3,985 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 504	Type Flat	Beds 4 B/R	Size 4,527 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6202	Type Flat	Beds 4 B/R	Size 5,781 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6101	Type Flat	Beds 4 B/R	Size 5,807 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 302	Type Flat	Beds 5 B/R	Size 5,026 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R301	Type Gymnasium	Beds GYM	Size 15,041 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

54 unique layouts covering 535 units