2-bed · 1,326 sqftOrra Marina, Dubai Marina · 12th floor · completed 2012

1206, Orra Marina

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 22 October 2023
Last soldAED 1.79M25 May 2017
Current rentAED 175K /yr22 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Orra Marina

What is 1206 worth today?

Last sold for AED 1,793,131 in 2017

Unlock today's estimate, updated daily, with

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

22 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 132 per sqft
21 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
10 May 2021RentedRenewal
AED 93,000/yr12 months · AED 70 per sqft
10 May 2020RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
10 May 2019RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
10 May 2018RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
25 May 2017Sold by developerReady
AED 1,793,131AED 1,352 per sqft
12 Jan 2016RentedNew contract
AED 155,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 22 October 2023.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
12th of 30
Parking
B2-105
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 1.79M · May 2017
Building
Orra Marina

About 1206, Orra Marina

1206 is a two-bedroom apartment of 1,326 sqft on the 12th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 25 May 2017 for AED 1,793,131, or AED 1,352 per sqft, in line with the AED 1,349 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 22 October 2023, is AED 175,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, May 2017: AED 1,793,131 (AED 1,352 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, October 2012: AED 118,000 a yearNew contract, January 2014: AED 145,000 a yearRenewal, January 2015: AED 145,000 a yearNew contract, March 2015: AED 145,000 a yearNew contract, January 2016: AED 155,000 a yearNew contract, May 2018: AED 125,000 a yearRenewal, May 2019: AED 110,000 a yearRenewal, May 2020: AED 110,000 a yearRenewal, May 2021: AED 93,000 a yearNew contract, July 2022: AED 130,000 a yearNew contract, October 2023: AED 175,000 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 1206 sits

All 75 2-beds →

1206 last sold in May 2017 at AED 1,352 per sqft, in line with what two-beds in Orra Marina were fetching at the time (AED 1,349). 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. 1206's AED 175,000 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 12th floor

All 189 units in Orra Marina
Value
12011-bedAED 949K · Apr 2013
12022-bedNo registered sale
12032-bedNo registered sale
12041-bedAED 949K · Apr 2013
12051-bedAED 915K · Apr 2013
12072-bedAED 2.65M · Aug 2014
12081-bedAED 949K · Apr 2013

1206, Orra Marina in numbers

  • Sold once: by GKT Holdings on 25 May 2017 for AED 1,793,131, or AED 1,352 per sqft.
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 118,000 to AED 93,000 in 2021 and recovered to AED 175,000 by October 2023.
  • At AED 175,000 a year the gross yield on the 2017 price is 9.8%, 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 22 October 2023.

Questions about 1206, Orra Marina

What did unit 1206 last sell for?

AED 1,793,131 on 25 May 2017, sold by the developer: AED 1,352 per sqft for 1,326 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 175,000 a year on the contract signed on 22 October 2023. The previous contract, from July 2022, was AED 130,000; the unit has been rented since October 2012.

How big is unit 1206?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 12th floor of a 30-storey tower completed in 2012.

What is unit 1206 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 1206? 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 1206, Orra Marina

Starts from the last sale price (AED 1.79M, 25 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,793,131
Deposit, UAE resident (20%)
AED 358,626
Deposit, non-resident (40%)
AED 717,252
Monthly over 25 years at 3.7%
AED 7,336

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