2-bed · 1,326 sqftOrra Marina, Dubai Marina · 10th floor · completed 2012

1003, Orra Marina

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1.83M25 December 2023
Current rentAED 150K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Orra Marina

What is 1003 worth today?

Last sold for AED 1,830,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2024RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
10 May 2024RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
25 Dec 2023SoldReady
AED 1,830,000AED 1,380 per sqft
9 Feb 2021RentedNew contract
AED 74,000/yr12 months · AED 56 per sqft
7 Aug 2016RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
7 Aug 2016RentedNew contract
AED 155,000/yr12 months · AED 117 per sqft
26 May 2014RentedNew contract
AED 180,000/yr6 months · AED 136 per sqft
29 Apr 2013RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
10th of 30
Parking
B2-94
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 1.83M · December 2023
Building
Orra Marina

About 1003, Orra Marina

1003 is a two-bedroom apartment of 1,326 sqft on the 10th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 25 December 2023 for AED 1,830,000, or AED 1,380 per sqft, 18% above the AED 1,167 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 10 May 2024, is AED 150,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Orra Marina
02M2009201420192024Typical sale price by year: 2009 AED 2,100,000; 2012 AED 2,655,852; 2013 AED 500,000; 2014 AED 2,650,000; 2016 AED 1,985,000; 2017 AED 1,480,924; 2018 AED 2,551,742; 2022 AED 1,770,000; 2023 AED 1,537,500; 2024 AED 264,027; 2025 AED 1,788,669; 2026 AED 2,400,000Sold by developer, April 2013: AED 1,738,834 (AED 1,311 per sqft)Sold, December 2023: AED 1,830,000 (AED 1,380 per sqft)

1003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Orra Marina
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 130,000; 2014 AED 149,000; 2015 AED 148,000; 2016 AED 147,500; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 112,000; 2020 AED 92,308; 2021 AED 85,625; 2022 AED 99,755; 2023 AED 111,000; 2024 AED 123,000; 2025 AED 133,125; 2026 AED 135,000New contract, April 2013: AED 120,000 a yearNew contract, May 2014: AED 180,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, August 2016: AED 155,000 a yearNew contract, February 2021: AED 74,000 a yearNew contract, May 2024: AED 150,000 a yearNew contract, May 2024: AED 150,000 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 Marina, and where 1003 sits

All 75 2-beds →

1003 last sold in December 2023 at AED 1,380 per sqft, 18% above what two-beds in Orra Marina were fetching at the time (AED 1,167). Over the last 12 months two-beds sold for AED 2,050,000 to 2,430,000, around AED 1,777 per sqft, and rent for AED 50,000 to 500,000 a year. 1003's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,400,000
24 Feb 20262,430,000
20 Jan 20262,050,000
24 Oct 20252,050,000
3 2-bed sales in the last 12 months

Orra Marina

Building

189 apartments, studios to 6-bed over 30 floors in Dubai Marina, completed in 2012 by GKT Holdings. 10 sold in the last 12 months.

Typical price per sqft
AED 1,685 Up 24.8%
Typical sale
AED 2.23M
Typical rent
AED 125K /yr
Typical yield
6.0%
Orra Marina, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 189 units in Orra Marina
Value
10011-bedAED 1.05M · Nov 2019
10022-bedAED 1.7M · Oct 2022
10041-bedAED 1.04M · Jan 2020
10051-bedAED 1.7M · Apr 2015
10062-bedAED 2.65M · Nov 2024
10072-bedAED 2.08M · Dec 2022
10081-bedAED 1.37M · Feb 2013

1003, Orra Marina in numbers

  • Sold twice: first on 11 April 2013 for AED 1,738,834, last on 25 December 2023 for AED 1,830,000 (AED 1,380 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 74,000 in 2021 and recovered to AED 150,000 by May 2024.
  • At AED 150,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 31,800 a year (AED 24.00 per sqft).
  • Two-beds in Orra Marina sold for AED 2,050,000–2,430,000 in the 12 months to November 2026; the building's median across all types is AED 1,685 per sqft.

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 1003, Orra Marina

What did unit 1003 last sell for?

AED 1,830,000 on 25 December 2023: AED 1,380 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,738,834 in April 2013.

What is the rent for unit 1003?

AED 150,000 a year on the contract signed on 10 May 2024. The previous contract, from May 2024, was AED 150,000; the unit has been rented since April 2013.

How big is unit 1003?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 10th floor of a 30-storey tower completed in 2012.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orra Marina sold for AED 2,050,000 to 2,430,000 in the last 12 months, around AED 1,777 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Orra Marina

Starts from the last sale price (AED 1.83M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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