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1-bed · 811 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

1406, Orra Harbour Tower 2

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

Unit 1406 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 771K22 January 2018
Current rentAED 50K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Orra Harbour Tower 2

What is 1406 worth today?

Last sold for AED 770,820 in 2018

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15 Jun 2021RentedNew contract
AED 50,000/yr24 months · AED 62 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr8 months · AED 117 per sqft
15 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 117 per sqft
22 Jan 2018SoldOff-plan
AED 770,820AED 950 per sqft
18 May 2017SoldOff-plan
AED 770,820AED 950 per sqft
5 May 2014Sold by developerOff-plan
AED 577,104AED 711 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
1-bed hotel apartment
Size
811 sqft
Parking
B1-043
Developer
Marina 3K
Completed
2017
Last sold
AED 771K · January 2018
Building
Orra Harbour Tower 2

About 1406, Orra Harbour Tower 2

1406 is a one-bedroom hotel apartment of 811 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 770,820, 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 since 2020 on 3 Ejari contracts. The current contract, signed on 15 June 2021, is AED 50,000 a year: a gross yield of 6.5% on the 2018 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, May 2014: AED 577,104 (AED 711 per sqft)Sold, May 2017: AED 770,820 (AED 950 per sqft)Sold, January 2018: AED 770,820 (AED 950 per sqft)

1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Orra Harbour Tower 2
50K100K150K20192021202320252027Typical 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, March 2020: AED 95,000 a yearNew contract, April 2020: AED 95,000 a yearNew contract, June 2021: AED 50,000 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 1406 sits

All 60 1-beds →

1406 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. 1406's AED 50,000 is at the bottom 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 →

1406, Orra Harbour Tower 2 in numbers

  • Sold 3 times: first on 5 May 2014 for AED 577,104, last on 22 January 2018 for AED 770,820 (AED 950 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 95,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 6.5%.
  • 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 June 2021.

Questions about 1406, Orra Harbour Tower 2

What did unit 1406 last sell for?

AED 770,820 on 22 January 2018: AED 950 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 577,104 in May 2014.

What is the rent for unit 1406?

AED 50,000 a year on the contract signed on 15 June 2021. The previous contract, from April 2020, was AED 95,000; the unit has been rented since March 2020.

How big is unit 1406?

811 sqft (75.3 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 1406 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 1406, Orra Harbour Tower 2

Starts from the last sale price (AED 771K, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 770,820
Deposit, UAE resident (20%)
AED 154,164
Deposit, non-resident (40%)
AED 308,328
Monthly over 25 years at 3.7%
AED 3,154

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