Studio · 282 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

608, Orra Harbour Tower 2

Sold prices and rental history: sold once, by the developer in May 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 345K5 May 2014
Current rentAED 80K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Orra Harbour Tower 2

What is 608 worth today?

Last sold for AED 345,147 in 2014

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28 Nov 2022RentedNew contract
AED 80,000/yr12 months · AED 142 per sqft
4 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 97 per sqft
1 Jan 2020RentedNew contract
AED 92,500/yr24 months · AED 164 per sqft
5 May 2014Sold by developerOff-plan
AED 345,147AED 611 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
Studio hotel apartment
Size
282 sqft
Parking
B1-086
Developer
Marina 3K
Completed
2017
Last sold
AED 345K · May 2014

About 608, Orra Harbour Tower 2

608 is a studio of 282 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 5 May 2014 for AED 345,147, or AED 611 per sqft, 15% below the AED 719 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 28 November 2022, is AED 80,000 a year: a gross yield of 23.2% on the 2014 price.

Sales and rents for 608 over time

Sales
Unit 608, 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, May 2014: AED 345,147 (AED 611 per sqft)

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

Rents
Unit 608, 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 92,500 a yearNew contract, February 2021: AED 55,000 a yearNew contract, November 2022: AED 80,000 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 608 sits

All 17 studios →

608 last sold in May 2014 at AED 611 per sqft, 15% below what studios in Orra Harbour Tower 2 were fetching at the time (AED 719). 608's AED 80,000 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 →

608, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 5 May 2014 for AED 345,147, or AED 611 per sqft.
  • Rented since January 2020 on 3 Ejari contracts. The rent fell from AED 92,500 to AED 55,000 in 2021 and recovered to AED 80,000 by November 2022.
  • At AED 80,000 a year the gross yield on the 2014 price is 23.2%.

Source: Dubai Land Department. Updated 28 November 2022.

Questions about 608, Orra Harbour Tower 2

What did unit 608 last sell for?

AED 345,147 on 5 May 2014, sold by the developer: AED 611 per sqft for 282 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 80,000 a year on the contract signed on 28 November 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since January 2020.

How big is unit 608?

282 sqft (26.2 sqm): a studio of a 12-storey tower completed in 2017.

What is unit 608 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 608, Orra Harbour Tower 2

Starts from the last sale price (AED 345K, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 345,147
Deposit, UAE resident (20%)
AED 69,029
Deposit, non-resident (40%)
AED 138,059
Monthly over 25 years at 3.7%
AED 1,412

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