1-bed · 816 sqftOrion Building, Arjan · 5th floor · completed 2022

506, Orion Building

Sold prices and rental history: sold once, by the developer in June 2016, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 735K22 June 2016
Current rentAED 58K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Orion Building

What is 506 worth today?

Last sold for AED 735,000 in 2016

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5 Nov 2024RentedNew contract
AED 57,750/yr12 months · AED 71 per sqft
22 Jun 2016Sold by developerOff-plan
AED 735,000AED 901 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
5th of 13
Parking
1
Developer
Orion Real Estate Development
Completed
2022
Service charge
AED 12,600 /yr
Last sold
AED 735K · June 2016

About 506, Orion Building

506 is a one-bedroom apartment of 816 sqft on the 5th floor of Orion Building, a 13-storey tower in Arjan completed in 2022 by Orion Real Estate Development . The developer sold it on 22 June 2016 for AED 735,000, or AED 901 per sqft, in line with the AED 900 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2024. The current contract, signed on 5 November 2024, is AED 57,750 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Orion Building
500K1M2016201920222025Typical sale price by year: 2016 AED 770,000; 2017 AED 820,000; 2018 AED 790,375; 2021 AED 380,000; 2022 AED 1,155,436; 2023 AED 680,000; 2024 AED 650,000; 2025 AED 820,000; 2026 AED 830,000Sold by developer, June 2016: AED 735,000 (AED 901 per sqft)

506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Orion Building
50K60K20232024202520262027Typical rent by year: 2023 AED 50,000; 2024 AED 60,000; 2025 AED 62,000; 2026 AED 61,500New contract, November 2024: AED 57,750 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Orion Building, and where 506 sits

All 117 1-beds →

506 last sold in June 2016 at AED 901 per sqft, in line with what one-beds in Orion Building were fetching at the time (AED 900). Over the last 12 months one-beds sold for AED 645,000 to 860,000, around AED 991 per sqft, and rent for AED 50,000 to 80,000 a year. 506's AED 57,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026830,000
27 Aug 2026685,000
4 Aug 2026850,000
10 Jul 2026645,000
9 1-bed sales in the last 12 months

Orion Building

Building

153 apartments, 1-bed to 2-bed over 13 floors in Arjan, completed in 2022 by Orion Real Estate Development . 10 sold in the last 12 months.

Typical price per sqft
AED 986 Up 4.4%
Typical sale
AED 828K
Typical rent
AED 63K /yr
Typical yield
7.4%
Orion Building, Arjan: prices, sales and rents →

Other units on the 5th floor

All 153 units in Orion Building
Value
5051-bedAED 500K · Nov 2024
5072-bedAED 980K · Jun 2024
5081-bedAED 761K · Apr 2017
5091-bedAED 860K · Mar 2026
5101-bedAED 775K · Apr 2017
5111-bedAED 820K · May 2026
5122-bedAED 1M · Feb 2023
1–7 of 12

506, Orion Building in numbers

  • Sold once: by Orion Real Estate Development on 22 June 2016 for AED 735,000, or AED 901 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 12,600 a year (AED 15.50 per sqft).
  • One-beds in Orion Building sold for AED 645,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.

Source: Dubai Land Department. Updated 5 November 2024.

Questions about 506, Orion Building

What did unit 506 last sell for?

AED 735,000 on 22 June 2016, sold by the developer: AED 901 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 57,750 a year on the contract signed on 5 November 2024.

How big is unit 506?

816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2022.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orion Building sold for AED 645,000 to 860,000 in the last 12 months, around AED 991 per sqft.

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Mortgage on 506, Orion Building

Starts from the last sale price (AED 735K, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →