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

712, Orra Harbour Tower 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.1M28 June 2024
Current rentAED 95K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Orra Harbour Tower 1

What is 712 worth today?

Last sold for AED 1,100,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2024RentedNew contract
AED 95,000/yr12 months · AED 245 per sqft
28 Jun 2024SoldReady
AED 1,100,000AED 2,846 per sqft
23 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 226 per sqft
10 Jun 2021SoldReady
AED 620,000AED 1,604 per sqft
21 Nov 2019Sold by developerReady
AED 300,000AED 776 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Parking
B2-094
Developer
Marina 3K
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 1.1M · June 2024

About 712, Orra Harbour Tower 1

712 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 28 June 2024 for AED 1,100,000, or AED 2,846 per sqft, in line with the AED 2,846 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 95,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 6,200 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical studio in Orra Harbour Tower 1
500K1M20092013201720212025Typical 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 300,000 (AED 776 per sqft)Sold, June 2021: AED 620,000 (AED 1,604 per sqft)Sold, June 2024: AED 1,100,000 (AED 2,846 per sqft)

712 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 712, each contractTypical studio in Orra Harbour Tower 1
60K80K100K2020202220242026Typical 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 2023: AED 85,000 a yearNew contract, November 2024: AED 95,000 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 712 sits

All 14 studios →

712 last sold in June 2024 at AED 2,846 per sqft, in line with what studios in Orra Harbour Tower 1 were fetching at the time (AED 2,846). 712's AED 95,000 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
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 →

712, Orra Harbour Tower 1 in numbers

  • Sold 3 times: first on 21 November 2019 for AED 300,000, last on 28 June 2024 for AED 1,100,000 (AED 2,846 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 6,200 a year (AED 16.00 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 712, Orra Harbour Tower 1

What did unit 712 last sell for?

AED 1,100,000 on 28 June 2024: AED 2,846 per sqft for 386 sqft. The unit has 3 registered sales; the first was AED 300,000 in November 2019.

What is the rent for unit 712?

AED 95,000 a year on the contract signed on 1 November 2024. The previous contract, from March 2023, was AED 85,000.

How big is unit 712?

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

What is unit 712 worth today?

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

Selling 712? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 712, Orra Harbour Tower 1

Starts from the last sale price (AED 1.1M, 28 June 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 →