Studio · 386 sqftOrra Harbour Tower 1, Dubai Marina · completed 2017

206, Orra Harbour Tower 1

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 995K6 December 2022
Current rentAED 80K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Orra Harbour Tower 1

What is 206 worth today?

Last sold for AED 995,000 in 2022

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20 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 206 per sqft
9 May 2023RentedNew contract
AED 90,000/yr12 months · AED 233 per sqft
6 Dec 2022SoldReady
AED 995,000AED 2,580 per sqft
27 Jan 2022RentedNew contract
AED 84,000/yr12 months · AED 217 per sqft
23 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
10 Mar 2020RentedNew contract
AED 52,500/yr12 months · AED 135 per sqft
19 Nov 2019Sold by developerReady
AED 676,369AED 1,754 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Parking
B2-147
Developer
Marina 3K
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 995K · December 2022

About 206, Orra Harbour Tower 1

206 is a studio of 386 sqft of Orra Harbour Tower 1, a 6-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 6 December 2022 for AED 995,000, or AED 2,580 per sqft, in line with the AED 2,574 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 September 2024, is AED 80,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 6,200 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical studio in Orra Harbour Tower 1
800K1M20092013201720212025Typical sale price by year: 2009 AED 747,785; 2018 AED 730,000; 2019 AED 676,369; 2022 AED 995,000; 2024 AED 1,050,000Sold by developer, November 2019: AED 676,369 (AED 1,754 per sqft)Sold, December 2022: AED 995,000 (AED 2,580 per sqft)

206 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 206, each contractTypical studio in Orra Harbour Tower 1
50K75K2020202220242026Typical rent by year: 2020 AED 51,750; 2021 AED 51,000; 2022 AED 69,000; 2023 AED 83,000; 2024 AED 79,000; 2025 AED 85,000; 2026 AED 72,500New contract, March 2020: AED 52,500 a yearNew contract, August 2020: AED 45,000 a yearNew contract, January 2022: AED 84,000 a yearNew contract, May 2023: AED 90,000 a yearNew contract, September 2024: AED 80,000 a year

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

Studios in Orra Harbour Tower 1, and where 206 sits

All 14 studios →

206 last sold in December 2022 at AED 2,580 per sqft, in line with what studios in Orra Harbour Tower 1 were fetching at the time (AED 2,574). 206's AED 80,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Jul 20251,060,000
29 Aug 20241,000,000
12 Aug 20241,100,000
28 Jun 20241,100,000
0 studio sales in the last 12 months

Orra Harbour Tower 1

Building

4 apartments, studios to 3-bed over 6 floors in Dubai Marina, completed in 2017 by Marina 3K. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 103K /yr
Typical yield
Orra Harbour Tower 1, Dubai Marina: prices, sales and rents →

206, Orra Harbour Tower 1 in numbers

  • Sold twice: first on 19 November 2019 for AED 676,369, last on 6 December 2022 for AED 995,000 (AED 2,580 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 52,500 to AED 45,000 in 2020 and recovered to AED 80,000 by September 2024.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 6,200 a year (AED 16.00 per sqft).

Source: Dubai Land Department. Updated 20 September 2024.

Questions about 206, Orra Harbour Tower 1

What did unit 206 last sell for?

AED 995,000 on 6 December 2022: AED 2,580 per sqft for 386 sqft. The unit has 2 registered sales; the first was AED 676,369 in November 2019.

What is the rent for unit 206?

AED 80,000 a year on the contract signed on 20 September 2024. The previous contract, from May 2023, was AED 90,000; the unit has been rented since March 2020.

How big is unit 206?

386 sqft (35.9 sqm): a studio of a 6-storey tower completed in 2017.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 206, Orra Harbour Tower 1

Starts from the last sale price (AED 995K, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 995,000
Deposit, UAE resident (20%)
AED 199,000
Deposit, non-resident (40%)
AED 398,000
Monthly over 25 years at 3.7%
AED 4,071

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