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

1601, Orra Harbour Tower 2

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 8 October 2022
Last soldAED 700K23 February 2013
Current rentAED 130K /yr8 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Orra Harbour Tower 2

What is 1601 worth today?

Last sold for AED 699,828 in 2013

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8 Oct 2022RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
1 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
1 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 89 per sqft
1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
23 Feb 2013Sold by developerOff-plan
AED 699,828AED 775 per sqft

Source: Dubai Land Department. Updated 8 October 2022.

Key facts

Type
1-bed hotel apartment
Size
903 sqft
Parking
B1-069
Developer
Marina 3K
Completed
2017
Last sold
AED 700K · February 2013
Building
Orra Harbour Tower 2

About 1601, Orra Harbour Tower 2

1601 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. The developer sold it on 23 February 2013 for AED 699,828, or AED 775 per sqft, in line with the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 8 October 2022, is AED 130,000 a year: a gross yield of 18.6% on the 2013 price.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, February 2013: AED 699,828 (AED 775 per sqft)

1601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, 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, October 2019: AED 90,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 85,000 a yearNew contract, October 2022: AED 130,000 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 1601 sits

All 60 1-beds →

1601 last sold in February 2013 at AED 775 per sqft, in line with what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 759). 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. 1601's AED 130,000 is in the upper 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 →

1601, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 23 February 2013 for AED 699,828, or AED 775 per sqft.
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 130,000 by October 2022.
  • At AED 130,000 a year the gross yield on the 2013 price is 18.6%.
  • 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 8 October 2022.

Questions about 1601, Orra Harbour Tower 2

What did unit 1601 last sell for?

AED 699,828 on 23 February 2013, sold by the developer: AED 775 per sqft for 903 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 130,000 a year on the contract signed on 8 October 2022. The previous contract, from October 2021, was AED 85,000; the unit has been rented since October 2019.

How big is unit 1601?

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

What is unit 1601 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 1601, Orra Harbour Tower 2

Starts from the last sale price (AED 700K, 23 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 699,828
Deposit, UAE resident (20%)
AED 139,966
Deposit, non-resident (40%)
AED 279,931
Monthly over 25 years at 3.7%
AED 2,863

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