Studio · 374 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

409, Orra Harbour Tower 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 January 2020
Last soldAED 377K6 October 2013
Current rentAED 107K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Orra Harbour Tower 2

What is 409 worth today?

Last sold for AED 376,524 in 2013

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1 Jan 2020RentedNew contract
AED 106,667/yr24 months · AED 143 per sqft
6 Oct 2013Sold by developerOff-plan
AED 376,524AED 503 per sqft

Source: Dubai Land Department. Updated 1 January 2020.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Parking
G-008
Developer
Marina 3K
Completed
2017
Last sold
AED 377K · October 2013

About 409, Orra Harbour Tower 2

409 is a studio of 374 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 6 October 2013 for AED 376,524, or AED 503 per sqft, 20% below the AED 628 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2020. The current contract, signed on 1 January 2020, is AED 106,667 a year: a gross yield of 28.3% on the 2013 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Orra Harbour Tower 2
500K1M2013201620192022Typical sale price by year: 2013 AED 469,908; 2014 AED 486,459; 2018 AED 708,034; 2023 AED 950,000Sold by developer, October 2013: AED 376,524 (AED 503 per sqft)

409 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Orra Harbour Tower 2
100K200K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 57,500; 2022 AED 75,000; 2023 AED 89,250; 2024 AED 90,000; 2025 AED 245,000; 2026 AED 75,000New contract, January 2020: AED 106,667 a year

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 409 sits

All 17 studios →

409 last sold in October 2013 at AED 503 per sqft, 20% below what studios in Orra Harbour Tower 2 were fetching at the time (AED 628). 409's AED 106,667 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Nov 2023890,000
16 Aug 20231,044,000
18 May 2023950,000
1 May 20191,000,267
0 studio sales 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 →

409, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 6 October 2013 for AED 376,524, or AED 503 per sqft.
  • Rented since January 2020 on one Ejari contract, at AED 106,667 a year.
  • At AED 106,667 a year the gross yield on the 2013 price is 28.3%.

Source: Dubai Land Department. Updated 1 January 2020.

Questions about 409, Orra Harbour Tower 2

What did unit 409 last sell for?

AED 376,524 on 6 October 2013, sold by the developer: AED 503 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 106,667 a year on the contract signed on 1 January 2020.

How big is unit 409?

374 sqft (34.7 sqm): a studio of a 12-storey tower completed in 2017.

What is unit 409 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 409, Orra Harbour Tower 2

Starts from the last sale price (AED 377K, 6 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 376,524
Deposit, UAE resident (20%)
AED 75,305
Deposit, non-resident (40%)
AED 150,610
Monthly over 25 years at 3.7%
AED 1,540

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