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

406, Orra Harbour Tower 1

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 1.1M12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Orra Harbour Tower 1

What is 406 worth today?

Last sold for AED 1,100,000 in 2024

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12 Aug 2024SoldReady
AED 1,100,000AED 2,852 per sqft
7 Dec 2016Sold by developerOff-plan
AED 700,400AED 1,816 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Parking
B2-145
Developer
Marina 3K
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 1.1M · August 2024

About 406, Orra Harbour Tower 1

406 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 12 August 2024 for AED 1,100,000, or AED 2,852 per sqft, in line with the AED 2,849 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Orra Harbour Tower 1
800K1M2009201420192024Typical 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, December 2016: AED 700,400 (AED 1,816 per sqft)Sold, August 2024: AED 1,100,000 (AED 2,852 per sqft)

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

Rents
Unit 406, each contractTypical studio in Orra Harbour Tower 1
60K80K2020202220242026Typical 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 72,500

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 406 sits

All 14 studios →

406 last sold in August 2024 at AED 2,852 per sqft, in line with what studios in Orra Harbour Tower 1 were fetching at the time (AED 2,849).

Recent studio salesUnit no.Price (AED)Summary
1 Jul 20251,060,000
29 Aug 20241,000,000
28 Jun 20241,100,000
15 Jan 2024350,000
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 →

406, Orra Harbour Tower 1 in numbers

  • Sold twice: first on 7 December 2016 for AED 700,400, last on 12 August 2024 for AED 1,100,000 (AED 2,852 per sqft).

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 406, Orra Harbour Tower 1

What did unit 406 last sell for?

AED 1,100,000 on 12 August 2024: AED 2,852 per sqft for 386 sqft. The unit has 2 registered sales; the first was AED 700,400 in December 2016.

How big is unit 406?

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

What is unit 406 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 406, Orra Harbour Tower 1

Starts from the last sale price (AED 1.1M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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