309, Orra Harbour Tower 2
Sold prices and rental history: sold once, by the developer in February 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Orra Harbour Tower 2
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 March 2021.
Key facts
- Type
- Studio hotel apartment
- Size
- 747 sqft
- Parking
- B1-050
- Developer
- Marina 3K
- Completed
- 2017
- Last sold
- AED 470K · February 2013
- Building
- Orra Harbour Tower 2
About 309, Orra Harbour Tower 2
309 is a studio of 747 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 469,908, or AED 628 per sqft, in line with the AED 628 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2021, is AED 55,000 a year: a gross yield of 11.7% on the 2013 price.
Sales and rents for 309 over time
309 has sold once; 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 309 sits
All 17 studios →309 last sold in February 2013 at AED 628 per sqft, in line with what studios in Orra Harbour Tower 2 were fetching at the time (AED 628). 309's AED 55,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Nov 20231 November 2023 | 565 sqft | 890,000 | 1,575 | ||
| 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 |
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%
309, Orra Harbour Tower 2 in numbers
- Sold once: by Marina 3K on 23 February 2013 for AED 469,908, or AED 628 per sqft.
- Rented since January 2020 on 3 Ejari contracts, from AED 75,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2013 price is 11.7%.
Source: Dubai Land Department. Updated 1 March 2021.
Questions about 309, Orra Harbour Tower 2
What did unit 309 last sell for?
AED 469,908 on 23 February 2013, sold by the developer: AED 628 per sqft for 747 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 55,000 a year on the contract signed on 1 March 2021. The previous contract, from July 2020, was AED 55,001; the unit has been rented since January 2020.
How big is unit 309?
747 sqft (69.4 sqm): a studio of a 12-storey tower completed in 2017.
What is unit 309 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 309, Orra Harbour Tower 2
Starts from the last sale price (AED 470K, 23 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 469,908
- Deposit, UAE resident (20%)
- AED 93,982
- Deposit, non-resident (40%)
- AED 187,963
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →