709, Orra Harbour Tower 2
Sold prices and rental history: sold 3 times, last in January 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Orra Harbour Tower 2
What is 709 worth today?
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Source: Dubai Land Department. Updated 20 November 2021.
Key facts
- Type
- Studio hotel apartment
- Size
- 747 sqft
- Parking
- B1-080
- Developer
- Marina 3K
- Completed
- 2017
- Last sold
- AED 708K · January 2018
- Building
- Orra Harbour Tower 2
About 709, Orra Harbour Tower 2
709 is a studio of 747 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 708,034, or AED 947 per sqft, in line with the AED 952 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 60,000 a year: a gross yield of 8.5% on the 2018 price.
Sales and rents for 709 over time
709 has sold 3 times; the dashed line is the studio median of each year in the building.
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 709 sits
All 17 studios →709 last sold in January 2018 at AED 947 per sqft, in line with what studios in Orra Harbour Tower 2 were fetching at the time (AED 952). 709's AED 60,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Nov 20231 November 2023 | 565 sqft | 890,000 | 1,575 | ||
| 16 Aug 202316 August 2023 | 565 sqft | 1,044,000 | 1,848 | ||
| 18 May 202318 May 2023 | 565 sqft | 950,000 | 1,682 | ||
| 1 May 20191 May 2019 | 565 sqft | 1,000,267 | 1,771 |
Orra Harbour Tower 2
Building6 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%
709, Orra Harbour Tower 2 in numbers
- Sold 3 times: first on 23 February 2013 for AED 469,908, last on 22 January 2018 for AED 708,034 (AED 947 per sqft).
- Rented since November 2019 on 3 Ejari contracts, from AED 49,400 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2018 price is 8.5%.
Source: Dubai Land Department. Updated 20 November 2021.
Questions about 709, Orra Harbour Tower 2
What did unit 709 last sell for?
AED 708,034 on 22 January 2018: AED 947 per sqft for 747 sqft. The unit has 3 registered sales; the first was AED 469,908 in February 2013.
What is the rent for unit 709?
AED 60,000 a year on the contract renewed on 20 November 2021. The previous contract, from November 2020, was AED 56,400; the unit has been rented since November 2019.
How big is unit 709?
747 sqft (69.4 sqm): a studio of a 12-storey tower completed in 2017.
What is unit 709 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 709, Orra Harbour Tower 2
Starts from the last sale price (AED 708K, 22 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 708,034
- Deposit, UAE resident (20%)
- AED 141,607
- Deposit, non-resident (40%)
- AED 283,214
- Monthly over 25 years at 3.7%
- AED 2,897
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →