308, Orra Harbour Tower 2
Sold prices and rental history: sold twice, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Orra Harbour Tower 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 14 March 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 565 sqft
- Parking
- B2-149
- Developer
- Marina 3K
- Completed
- 2017
- Last sold
- AED 890K · November 2023
- Building
- Orra Harbour Tower 2
About 308, Orra Harbour Tower 2
308 is a studio of 565 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 1 November 2023 for AED 890,000, or AED 1,575 per sqft, 6% below the AED 1,682 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 14 March 2024, is AED 77,500 a year: a gross yield of 8.7% on the 2023 price.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Orra Harbour Tower 2, and where 308 sits
All 17 studios →308 last sold in November 2023 at AED 1,575 per sqft, 6% below what studios in Orra Harbour Tower 2 were fetching at the time (AED 1,682). 308's AED 77,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Aug 202316 August 2023 | 565 sqft | 1,044,000 | 1,848 | ||
| 18 May 202318 May 2023 | 565 sqft | 950,000 | 1,682 | ||
| 1 May 20191 May 2019 | 565 sqft | 1,000,267 | 1,771 | ||
| 19 Feb 201919 February 2019 | 565 sqft | 400,000 | 708 |
Orra Harbour Tower 2
Building6 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%
308, Orra Harbour Tower 2 in numbers
- Sold twice: first on 20 May 2018 for AED 854,827, last on 1 November 2023 for AED 890,000 (AED 1,575 per sqft).
- Rented since March 2020 on 3 Ejari contracts, from AED 48,000 to AED 77,500 a year.
- At AED 77,500 a year the gross yield on the 2023 price is 8.7%.
Source: Dubai Land Department. Updated 14 March 2024.
Questions about 308, Orra Harbour Tower 2
What did unit 308 last sell for?
AED 890,000 on 1 November 2023: AED 1,575 per sqft for 565 sqft. The unit has 2 registered sales; the first was AED 854,827 in May 2018.
What is the rent for unit 308?
AED 77,500 a year on the contract signed on 14 March 2024. The previous contract, from March 2024, was AED 77,500; the unit has been rented since March 2020.
How big is unit 308?
565 sqft (52.5 sqm): a studio of a 12-storey tower completed in 2017.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 308, Orra Harbour Tower 2
Starts from the last sale price (AED 890K, 1 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →