1-bed · 921 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

507, Orra Harbour Tower 2

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

Unit 507 · DLD and Ejari recordsUpdated 27 April 2024
Last soldAED 635K24 February 2013
Current rentAED 120K /yr27 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Orra Harbour Tower 2

What is 507 worth today?

Last sold for AED 635,244 in 2013

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27 Apr 2024RentedNew contract
AED 120,000/yr12 months · AED 130 per sqft
27 Apr 2024RentedNew contract
AED 120,000/yr12 months · AED 130 per sqft
7 Aug 2023RentedNew contract
AED 50,000/yr24 months · AED 54 per sqft
9 May 2022RentedNew contract
AED 102,000/yr12 months · AED 111 per sqft
5 Jan 2020RentedNew contract
AED 87,000/yr12 months · AED 94 per sqft
24 Feb 2013Sold by developerOff-plan
AED 635,244AED 689 per sqft

Source: Dubai Land Department. Updated 27 April 2024.

Key facts

Type
1-bed hotel apartment
Size
921 sqft
Parking
B1-054
Developer
Marina 3K
Completed
2017
Last sold
AED 635K · February 2013

About 507, Orra Harbour Tower 2

507 is a one-bedroom hotel apartment of 921 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 24 February 2013 for AED 635,244, or AED 689 per sqft, 9% below the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 27 April 2024, is AED 120,000 a year: a gross yield of 18.9% on the 2013 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, February 2013: AED 635,244 (AED 689 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Orra Harbour Tower 2
50K100K150K20192021202320252027Typical 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, January 2020: AED 87,000 a yearNew contract, May 2022: AED 102,000 a yearNew contract, August 2023: AED 50,000 a yearNew contract, April 2024: AED 120,000 a yearNew contract, April 2024: AED 120,000 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 507 sits

All 60 1-beds →

507 last sold in February 2013 at AED 689 per sqft, 9% below what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 759). 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. 507's AED 120,000 is in the lower half 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 →

507, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 24 February 2013 for AED 635,244, or AED 689 per sqft.
  • Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 87,000 to AED 50,000 in 2023 and recovered to AED 120,000 by April 2024.
  • At AED 120,000 a year the gross yield on the 2013 price is 18.9%.
  • 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 27 April 2024.

Questions about 507, Orra Harbour Tower 2

What did unit 507 last sell for?

AED 635,244 on 24 February 2013, sold by the developer: AED 689 per sqft for 921 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 120,000 a year on the contract signed on 27 April 2024. The previous contract, from April 2024, was AED 120,000; the unit has been rented since January 2020.

How big is unit 507?

921 sqft (85.6 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 507 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 507, Orra Harbour Tower 2

Starts from the last sale price (AED 635K, 24 February 2013). 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 →