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2-bed · 1,695 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

702, Orra Harbour Tower 2

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 1.61M22 January 2018
Current rentAED 234K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Orra Harbour Tower 2

What is 702 worth today?

Last sold for AED 1,610,666 in 2018

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6 Apr 2024RentedNew contract
AED 234,000/yr12 months · AED 138 per sqft
6 Apr 2024RentedNew contract
AED 234,000/yr12 months · AED 138 per sqft
15 Jun 2022RentedNew contract
AED 174,000/yr12 months · AED 103 per sqft
1 Apr 2021RentedNew contract
AED 150,000/yr14 months · AED 88 per sqft
25 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
22 Jan 2018SoldOff-plan
AED 1,610,666AED 950 per sqft
22 May 2017Sold by developerOff-plan
AED 1,610,666AED 950 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
2-bed hotel apartment
Size
1,695 sqft
Parking
B1-044
Developer
Marina 3K
Completed
2017
Last sold
AED 1.61M · January 2018
Building
Orra Harbour Tower 2

About 702, Orra Harbour Tower 2

702 is a two-bedroom hotel apartment of 1,695 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 22 January 2018 for AED 1,610,666, or AED 950 per sqft, 19% below the AED 1,179 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 April 2024, is AED 234,000 a year: a gross yield of 14.5% on the 2018 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, May 2017: AED 1,610,666 (AED 950 per sqft)Sold, January 2018: AED 1,610,666 (AED 950 per sqft)

702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Orra Harbour Tower 2
100K200K20192021202320252027Typical 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, September 2019: AED 150,000 a yearNew contract, April 2021: AED 150,000 a yearNew contract, June 2022: AED 174,000 a yearNew contract, April 2024: AED 234,000 a yearNew contract, April 2024: AED 234,000 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 702 sits

All 34 2-beds →

702 last sold in January 2018 at AED 950 per sqft, 19% below what two-beds in Orra Harbour Tower 2 were fetching at the time (AED 1,179). 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. 702's AED 234,000 is at the top 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 →

702, Orra Harbour Tower 2 in numbers

  • Sold twice: first on 22 May 2017 for AED 1,610,666, last on 22 January 2018 for AED 1,610,666 (AED 950 per sqft).
  • Rented since September 2019 on 5 Ejari contracts, from AED 150,000 to AED 234,000 a year.
  • At AED 234,000 a year the gross yield on the 2018 price is 14.5%.
  • 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 6 April 2024.

Questions about 702, Orra Harbour Tower 2

What did unit 702 last sell for?

AED 1,610,666 on 22 January 2018: AED 950 per sqft for 1,695 sqft. The unit has 2 registered sales; the first was AED 1,610,666 in May 2017.

What is the rent for unit 702?

AED 234,000 a year on the contract signed on 6 April 2024. The previous contract, from April 2024, was AED 234,000; the unit has been rented since September 2019.

How big is unit 702?

1,695 sqft (157.5 sqm): a two-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 702 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 702, Orra Harbour Tower 2

Starts from the last sale price (AED 1.61M, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,666
Deposit, UAE resident (20%)
AED 322,133
Deposit, non-resident (40%)
AED 644,266
Monthly over 25 years at 3.7%
AED 6,590

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