2-bed · 1,325 sqftOrra Marina, Dubai Marina · 11th floor · completed 2012

1102, Orra Marina

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 8 July 2022
Last soldAED 300K25 September 2012
Current rentAED 120K /yr8 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Orra Marina

What is 1102 worth today?

Last sold for AED 300,000 in 2012

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8 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
5 Mar 2021RentedRenewal
AED 90,000/yr3 months · AED 68 per sqft
5 Sep 2020RentedNew contract
AED 90,000/yr6 months · AED 68 per sqft
15 Sep 2018RentedNew contract
AED 150,000/yr9 months · AED 113 per sqft
9 Sep 2017RentedNew contract
AED 135,000/yr12 months · AED 102 per sqft
23 Jan 2017RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft
11 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
8 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 8 July 2022.

Key facts

Type
2-bed apartment
Size
1,325 sqft
Floor
11th of 30
Parking
B2-101
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 300K · September 2012
Building
Orra Marina

About 1102, Orra Marina

1102 is a two-bedroom apartment of 1,325 sqft on the 11th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 25 September 2012 for AED 300,000, or AED 226 per sqft, 89% below the AED 2,002 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 8 July 2022, is AED 120,000 a year: a gross yield of 40.0% on the 2012 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, September 2012: AED 300,000 (AED 226 per sqft)

1102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, 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, November 2012: AED 135,000 a yearRenewal, November 2013: AED 144,600 a yearNew contract, September 2014: AED 180,000 a yearNew contract, September 2015: AED 180,000 a yearNew contract, October 2015: AED 170,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, September 2017: AED 135,000 a yearNew contract, September 2018: AED 150,000 a yearNew contract, September 2020: AED 90,000 a yearRenewal, March 2021: AED 90,000 a yearNew contract, July 2022: AED 120,000 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 1102 sits

All 75 2-beds →

1102 last sold in September 2012 at AED 226 per sqft, 89% below what two-beds in Orra Marina were fetching at the time (AED 2,002). 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. 1102's AED 120,000 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 11th floor

All 189 units in Orra Marina
Value
11011-bedAED 1.38M · Aug 2013
11032-bedAED 2M · Dec 2013
11041-bedAED 1.53M · May 2015
11051-bedAED 1.38M · Apr 2023
11062-bedAED 2.1M · Dec 2012
11072-bedAED 2.75M · Sep 2012
11081-bedAED 1.96M · Sep 2012

1102, Orra Marina in numbers

  • Sold once: by GKT Holdings on 25 September 2012 for AED 300,000, or AED 226 per sqft.
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 120,000 by July 2022.
  • At AED 120,000 a year the gross yield on the 2012 price is 40.0%, 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 8 July 2022.

Questions about 1102, Orra Marina

What did unit 1102 last sell for?

AED 300,000 on 25 September 2012, sold by the developer: AED 226 per sqft for 1,325 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 120,000 a year on the contract signed on 8 July 2022. The previous contract, from March 2021, was AED 90,000; the unit has been rented since November 2012.

How big is unit 1102?

1,325 sqft (123.1 sqm): a two-bedroom apartment on the 11th floor of a 30-storey tower completed in 2012.

What is unit 1102 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.

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Mortgage on 1102, Orra Marina

Starts from the last sale price (AED 300K, 25 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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