1-bed · 920 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

1403, Orra Harbour Tower 2

Sold prices and rental history: sold 3 times, last in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 15 March 2022
Last soldAED 874K22 January 2018
Current rentAED 115K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Orra Harbour Tower 2

What is 1403 worth today?

Last sold for AED 874,306 in 2018

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15 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 125 per sqft
8 Jan 2022RentedRenewal
AED 93,000/yr12 months · AED 101 per sqft
8 Apr 2021RentedNew contract
AED 80,000/yr9 months · AED 87 per sqft
5 Jan 2020RentedNew contract
AED 87,000/yr12 months · AED 95 per sqft
1 Jan 2020RentedNew contract
AED 110,000/yr24 months · AED 120 per sqft
22 Jan 2018SoldOff-plan
AED 874,306AED 950 per sqft
17 May 2017SoldOff-plan
AED 874,306AED 950 per sqft
5 Dec 2013Sold by developerOff-plan
AED 670,776AED 729 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type
1-bed hotel apartment
Size
920 sqft
Parking
B1-040
Developer
Marina 3K
Completed
2017
Last sold
AED 874K · January 2018

About 1403, Orra Harbour Tower 2

1403 is a one-bedroom hotel apartment of 920 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 22 January 2018 for AED 874,306, or AED 950 per sqft, 7% below the AED 1,023 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 March 2022, is AED 115,000 a year: a gross yield of 13.2% on the 2018 price.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Orra Harbour Tower 2
1M2M2012201620202024Typical sale price by year: 2012 AED 635,244; 2013 AED 670,776; 2014 AED 577,104; 2017 AED 973,668; 2018 AED 857,433; 2019 AED 1,217,196; 2021 AED 800,000; 2022 AED 1,660,000; 2023 AED 1,697,500; 2024 AED 1,795,050; 2025 AED 1,820,000Sold by developer, December 2013: AED 670,776 (AED 729 per sqft)Sold, May 2017: AED 874,306 (AED 950 per sqft)Sold, January 2018: AED 874,306 (AED 950 per sqft)

1403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Orra Harbour Tower 2
75K100K125K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 86,000; 2021 AED 87,500; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 131,750; 2025 AED 130,000; 2026 AED 125,000New contract, January 2020: AED 87,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, April 2021: AED 80,000 a yearRenewal, January 2022: AED 93,000 a yearNew contract, March 2022: AED 115,000 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 Orra Harbour Tower 2, and where 1403 sits

All 60 1-beds →

1403 last sold in January 2018 at AED 950 per sqft, 7% below what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 1,023). Over the last 12 months one-beds sold for AED 1,825,000, around AED 2,251 per sqft, and rent for AED 95,000 to 160,000 a year. 1403's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20261,825,000
9 Oct 20251,720,000
23 Sep 20251,820,000
13 May 20251,880,000
1 1-bed sale in the last 12 months

Orra Harbour Tower 2

Building

6 apartments, studios to 5-bed over 12 floors in Dubai Marina, completed in 2017 by Marina 3K. 2 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 2.39M
Typical rent
AED 130K /yr
Typical yield
6.4%
Orra Harbour Tower 2, Dubai Marina: prices, sales and rents →

1403, Orra Harbour Tower 2 in numbers

  • Sold 3 times: first on 5 December 2013 for AED 670,776, last on 22 January 2018 for AED 874,306 (AED 950 per sqft).
  • Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 115,000 by March 2022.
  • At AED 115,000 a year the gross yield on the 2018 price is 13.2%.
  • One-beds in Orra Harbour Tower 2 sold for AED 1,825,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 15 March 2022.

Questions about 1403, Orra Harbour Tower 2

What did unit 1403 last sell for?

AED 874,306 on 22 January 2018: AED 950 per sqft for 920 sqft. The unit has 3 registered sales; the first was AED 670,776 in December 2013.

What is the rent for unit 1403?

AED 115,000 a year on the contract signed on 15 March 2022. The previous contract, from January 2022, was AED 93,000; the unit has been rented since January 2020.

How big is unit 1403?

920 sqft (85.5 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orra Harbour Tower 2 sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 2,251 per sqft.

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Mortgage on 1403, Orra Harbour Tower 2

Starts from the last sale price (AED 874K, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 874,306
Deposit, UAE resident (20%)
AED 174,861
Deposit, non-resident (40%)
AED 349,722
Monthly over 25 years at 3.7%
AED 3,577

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