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

701, Orra Harbour Tower 2

Sold prices and rental history: sold 4 times, last in July 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 23 June 2024
Last soldAED 1.7M3 July 2019
Current rentAED 165K /yr23 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Orra Harbour Tower 2

What is 701 worth today?

Last sold for AED 1,695,960 in 2019

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23 Jun 2024RentedNew contract
AED 165,000/yr12 months · AED 119 per sqft
23 Jun 2024RentedNew contract
AED 165,000/yr12 months · AED 119 per sqft
1 Feb 2023RentedNew contract
AED 170,000/yr12 months · AED 122 per sqft
3 Jul 2019SoldOff-plan
AED 1,695,960AED 1,223 per sqft
22 Jan 2018SoldOff-plan
AED 1,316,879AED 950 per sqft
18 May 2017SoldOff-plan
AED 1,316,879AED 950 per sqft
27 Nov 2013Sold by developerOff-plan
AED 1,086,048AED 783 per sqft

Source: Dubai Land Department. Updated 23 June 2024.

Key facts

Type
2-bed hotel apartment
Size
1,386 sqft
Parking
B2-150
Developer
Marina 3K
Completed
2017
Last sold
AED 1.7M · July 2019

About 701, Orra Harbour Tower 2

701 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 3 July 2019 for AED 1,695,960, or AED 1,223 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 23 June 2024, is AED 165,000 a year: a gross yield of 9.7% on the 2019 price.

Sales and rents for 701 over time

Sales
Unit 701, 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, November 2013: AED 1,086,048 (AED 783 per sqft)Sold, May 2017: AED 1,316,879 (AED 950 per sqft)Sold, January 2018: AED 1,316,879 (AED 950 per sqft)Sold, July 2019: AED 1,695,960 (AED 1,223 per sqft)

701 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, 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, February 2023: AED 170,000 a yearNew contract, June 2024: AED 165,000 a yearNew contract, June 2024: AED 165,000 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 701 sits

All 34 2-beds →

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. 701's AED 165,000 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 →

701, Orra Harbour Tower 2 in numbers

  • Sold 4 times: first on 27 November 2013 for AED 1,086,048, last on 3 July 2019 for AED 1,695,960 (AED 1,223 per sqft).
  • Rented since February 2023 on 3 Ejari contracts, from AED 170,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2019 price is 9.7%.
  • 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 23 June 2024.

Questions about 701, Orra Harbour Tower 2

What did unit 701 last sell for?

AED 1,695,960 on 3 July 2019: AED 1,223 per sqft for 1,386 sqft. The unit has 4 registered sales; the first was AED 1,086,048 in November 2013.

What is the rent for unit 701?

AED 165,000 a year on the contract signed on 23 June 2024. The previous contract, from June 2024, was AED 165,000; the unit has been rented since February 2023.

How big is unit 701?

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

What is unit 701 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 701, Orra Harbour Tower 2

Starts from the last sale price (AED 1.7M, 3 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,695,960
Deposit, UAE resident (20%)
AED 339,192
Deposit, non-resident (40%)
AED 678,384
Monthly over 25 years at 3.7%
AED 6,939

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