2-bed · 1,386 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

501, Orra Harbour Tower 2

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 2.01M22 December 2023
Current rentAED 170K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Orra Harbour Tower 2

What is 501 worth today?

Last sold for AED 2,005,000 in 2023

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20 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 122 per sqft
20 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 122 per sqft
22 Dec 2023SoldReady
AED 2,005,000AED 1,446 per sqft
27 May 2022RentedNew contract
AED 170,000/yr12 months · AED 123 per sqft
23 Sep 2021SoldReady
AED 1,200,000AED 865 per sqft
15 May 2021RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
10 Feb 2021SoldReady
AED 1,200,000AED 865 per sqft
18 Jun 2020RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,386 sqft
Parking
B2-107
Developer
Marina 3K
Completed
2017
Last sold
AED 2.01M · December 2023

About 501, Orra Harbour Tower 2

501 is a two-bedroom hotel apartment of 1,386 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 22 December 2023 for AED 2,005,000, or AED 1,446 per sqft, 23% below the AED 1,875 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 20 September 2024, is AED 170,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Orra Harbour Tower 2
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,086,048; 2017 AED 1,663,416; 2018 AED 1,495,523; 2021 AED 1,200,000; 2023 AED 2,600,000; 2024 AED 2,910,000; 2025 AED 3,050,000Sold by developer, September 2013: AED 1,086,048 (AED 783 per sqft)Sold, June 2017: AED 1,663,416 (AED 1,199 per sqft)Sold, February 2021: AED 1,200,000 (AED 865 per sqft)Sold, September 2021: AED 1,200,000 (AED 865 per sqft)Sold, December 2023: AED 2,005,000 (AED 1,446 per sqft)

501 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Orra Harbour Tower 2
100K150K200K20192021202320252027Typical rent by year: 2019 AED 133,500; 2020 AED 106,667; 2021 AED 128,000; 2022 AED 170,000; 2023 AED 180,000; 2024 AED 171,250; 2025 AED 190,000; 2026 AED 170,000New contract, May 2019: AED 170,000 a yearNew contract, June 2020: AED 100,000 a yearNew contract, June 2020: AED 108,000 a yearNew contract, May 2021: AED 135,000 a yearNew contract, May 2022: AED 170,000 a yearNew contract, September 2024: AED 170,000 a yearNew contract, September 2024: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Orra Harbour Tower 2, and where 501 sits

All 34 2-beds →

501 last sold in December 2023 at AED 1,446 per sqft, 23% below what two-beds in Orra Harbour Tower 2 were fetching at the time (AED 1,875). Over the last 12 months two-beds sold for AED 2,950,000, around AED 2,029 per sqft, and rent for AED 155,000 to 200,000 a year. 501's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20252,950,000
13 Jun 20253,125,000
6 Feb 20253,050,000
21 Mar 20242,910,000
1 2-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 →

501, Orra Harbour Tower 2 in numbers

  • Sold 5 times: first on 10 September 2013 for AED 1,086,048, last on 22 December 2023 for AED 2,005,000 (AED 1,446 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 100,000 in 2020 and recovered to AED 170,000 by September 2024.
  • At AED 170,000 a year the gross yield on the 2023 price is 8.5%.
  • Two-beds in Orra Harbour Tower 2 sold for AED 2,950,000–2,950,000 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 20 September 2024.

Questions about 501, Orra Harbour Tower 2

What did unit 501 last sell for?

AED 2,005,000 on 22 December 2023: AED 1,446 per sqft for 1,386 sqft. The unit has 5 registered sales; the first was AED 1,086,048 in September 2013.

What is the rent for unit 501?

AED 170,000 a year on the contract signed on 20 September 2024. The previous contract, from September 2024, was AED 170,000; the unit has been rented since May 2019.

How big is unit 501?

1,386 sqft (128.8 sqm): a two-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orra Harbour Tower 2 sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 2,029 per sqft.

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Mortgage on 501, Orra Harbour Tower 2

Starts from the last sale price (AED 2.01M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,005,000
Deposit, UAE resident (20%)
AED 401,000
Deposit, non-resident (40%)
AED 802,000
Monthly over 25 years at 3.7%
AED 8,203

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