1-bed · 460 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

407, Orra Harbour Tower 2

Sold prices and rental history: sold once, by the developer in January 2012, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 8 May 2020
Last soldAED 635K21 January 2012
Current rentAED 78K /yr8 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Orra Harbour Tower 2

What is 407 worth today?

Last sold for AED 635,244 in 2012

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8 May 2020RentedNew contract
AED 78,000/yr6 months · AED 85 per sqft
21 Jan 2012Sold by developerOff-plan
AED 635,244AED 689 per sqft

Source: Dubai Land Department. Updated 8 May 2020.

Key facts

Type
1-bed hotel apartment
Size
460 sqft
Parking
B1-052
Developer
Marina 3K
Completed
2017
Last sold
AED 635K · January 2012

About 407, Orra Harbour Tower 2

407 is a one-bedroom hotel apartment of 460 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 21 January 2012 for AED 635,244, or AED 689 per sqft, in line with the AED 689 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 May 2020. The current contract, signed on 8 May 2020, is AED 78,000 a year: a gross yield of 12.3% on the 2012 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, January 2012: AED 635,244 (AED 689 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Orra Harbour Tower 2
100K20192021202320252027Typical 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 2020: AED 78,000 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 407 sits

All 60 1-beds →

407 last sold in January 2012 at AED 689 per sqft, in line with what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 689). 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. 407's AED 78,000 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 →

407, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 21 January 2012 for AED 635,244, or AED 689 per sqft.
  • Rented since May 2020 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2012 price is 12.3%.
  • 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 May 2020.

Questions about 407, Orra Harbour Tower 2

What did unit 407 last sell for?

AED 635,244 on 21 January 2012, sold by the developer: AED 689 per sqft for 460 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 78,000 a year on the contract signed on 8 May 2020.

How big is unit 407?

460 sqft (42.7 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 407 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 407, Orra Harbour Tower 2

Starts from the last sale price (AED 635K, 21 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 635,244
Deposit, UAE resident (20%)
AED 127,049
Deposit, non-resident (40%)
AED 254,098
Monthly over 25 years at 3.7%
AED 2,599

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