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1-bed · 903 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

1501, Orra Harbour Tower 2

Sold prices and rental history: sold 5 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 1.67M5 December 2022
Current rentAED 90K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Orra Harbour Tower 2

What is 1501 worth today?

Last sold for AED 1,670,000 in 2022

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5 Dec 2022SoldReady
AED 1,670,000AED 1,850 per sqft
23 Sep 2021SoldReady
AED 800,000AED 886 per sqft
15 Apr 2021RentedNew contract
AED 89,500/yr12 months · AED 99 per sqft
15 Feb 2021SoldReady
AED 800,000AED 886 per sqft
1 Nov 2019RentedNew contract
AED 90,000/yr24 months · AED 100 per sqft
1 May 2019RentedNew contract
AED 135,000/yr12 months · AED 149 per sqft
18 Sep 2017SoldOff-plan
AED 1,065,022AED 1,180 per sqft
10 Sep 2013Sold by developerOff-plan
AED 699,828AED 775 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
1-bed hotel apartment
Size
903 sqft
Parking
B2-128
Developer
Marina 3K
Completed
2017
Last sold
AED 1.67M · December 2022
Building
Orra Harbour Tower 2

About 1501, Orra Harbour Tower 2

1501 is a one-bedroom hotel apartment of 903 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 5 December 2022 for AED 1,670,000, or AED 1,850 per sqft, in line with the AED 1,850 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 April 2021, is AED 89,500 a year: a gross yield of 5.4% on the 2022 price.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, September 2013: AED 699,828 (AED 775 per sqft)Sold, September 2017: AED 1,065,022 (AED 1,180 per sqft)Sold, February 2021: AED 800,000 (AED 886 per sqft)Sold, September 2021: AED 800,000 (AED 886 per sqft)Sold, December 2022: AED 1,670,000 (AED 1,850 per sqft)

1501 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Orra Harbour Tower 2
100K125K20192021202320252027Typical 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, May 2019: AED 135,000 a yearNew contract, November 2019: AED 90,000 a yearNew contract, April 2021: AED 89,500 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 1501 sits

All 60 1-beds →

1501 last sold in December 2022 at AED 1,850 per sqft, in line with what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 1,850). 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. 1501's AED 89,500 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 →

1501, Orra Harbour Tower 2 in numbers

  • Sold 5 times: first on 10 September 2013 for AED 699,828, last on 5 December 2022 for AED 1,670,000 (AED 1,850 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 135,000 to AED 89,500 a year.
  • At AED 89,500 a year the gross yield on the 2022 price is 5.4%.
  • 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 5 December 2022.

Questions about 1501, Orra Harbour Tower 2

What did unit 1501 last sell for?

AED 1,670,000 on 5 December 2022: AED 1,850 per sqft for 903 sqft. The unit has 5 registered sales; the first was AED 699,828 in September 2013.

What is the rent for unit 1501?

AED 89,500 a year on the contract signed on 15 April 2021. The previous contract, from November 2019, was AED 90,000; the unit has been rented since May 2019.

How big is unit 1501?

903 sqft (83.9 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 1501 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 1501, Orra Harbour Tower 2

Starts from the last sale price (AED 1.67M, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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