The developer of the project is Select Group and The Residences at Marina Gate 2 was completed in Q1 2019.
There are 535 premium 1–5 bedroom residences, namely apartments, penthouses and villas, each with a private pool and terrace.
The properties have a minimum size of 613 sq. ft.
Marina Gate Tower 2 is linked to the rest of the complex by a common podium.
the F&B facilities, fitness centre and supermarket on the ground floors of the development. Other amenities available to residents include high-speed lifts, a modern 2-storey gym, a temperature-controlled swimming pool, a sauna and a spa. The complex has 24-hour security, concierge services, video surveillance and air-conditioning systems.
In addition to that, there is spacious underground parking for 500 vehicles.
As of April 2023, one-bedroom apartments in The Residences at Marina Gate 2 are priced at a minimum of AED 1.65M (USD 449K).
The real estate in The Residences at Marina Gate 2 will be an excellent option due to its prime location, direct access to the waterfront within Dubai Marina and a wide variety of housing options available. The properties are in strong demand among families with children, young couples and singles who choose to move in immediately after purchase.
Residences in the project can also be seen as a lucrative investment. If you are considering renting a 1-bedroom apartment, you will be keen to learn that the average rental cost for a year here amounts to AED 150K (USD 41K). As of April 2023, the ROI in this project has reached 6.8%.
Foreign nationals will become eligible for a long-term visa, valid either for 2 or 10 years. To obtain a 2-year visa, you have to acquire property worth a minimum of AED 750K (USD 204K), whereas 10-year Golden Visa is available to those who have invested at least AED 2M (USD 545K).