1-bed · 910 sqftOrra Marina, Dubai Marina · 12th floor · completed 2012

1208, Orra Marina

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

Unit 1208 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 949K1 April 2013
Current rentAED 110K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Orra Marina

What is 1208 worth today?

Last sold for AED 949,150 in 2013

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1 May 2023RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
1 Apr 2022RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
1 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Jun 2020RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
1 Jun 2018RentedRenewal
AED 139,000/yr12 months · AED 152 per sqft
1 Jun 2017RentedRenewal
AED 139,000/yr12 months · AED 152 per sqft
1 Jun 2016RentedRenewal
AED 139,000/yr12 months · AED 152 per sqft
1 Jun 2015RentedNew contract
AED 139,000/yr12 months · AED 152 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
12th of 30
Parking
B1-197
Developer
GKT Holdings
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 949K · April 2013
Building
Orra Marina

About 1208, Orra Marina

1208 is a one-bedroom apartment of 910 sqft on the 12th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 1 April 2013 for AED 949,150, or AED 1,043 per sqft, 31% below the AED 1,510 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 May 2023, is AED 110,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical one-bed in Orra Marina
01M2M2010201520202025Typical sale price by year: 2010 AED 949,150; 2012 AED 1,922,648; 2013 AED 400,000; 2014 AED 1,800,000; 2015 AED 1,530,000; 2016 AED 1,200,000; 2017 AED 650,000; 2019 AED 1,000,000; 2020 AED 850,000; 2023 AED 1,380,000; 2024 AED 232,614; 2025 AED 1,487,500; 2026 AED 1,450,000Sold by developer, February 2010: AED 949,150 (AED 1,043 per sqft)Sold, April 2013: AED 949,150 (AED 1,043 per sqft)

1208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, each contractTypical one-bed in Orra Marina
100K150K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 98,667; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 100,000; 2019 AED 93,000; 2020 AED 74,000; 2021 AED 74,000; 2022 AED 76,457; 2023 AED 85,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 90,000New contract, November 2013: AED 87,150 a yearNew contract, December 2014: AED 117,000 a yearNew contract, June 2015: AED 139,000 a yearRenewal, June 2016: AED 139,000 a yearRenewal, June 2017: AED 139,000 a yearRenewal, June 2018: AED 139,000 a yearNew contract, June 2020: AED 115,000 a yearNew contract, April 2021: AED 70,000 a yearRenewal, April 2022: AED 70,000 a yearNew contract, May 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Orra Marina, and where 1208 sits

All 76 1-beds →

1208 last sold in April 2013 at AED 1,043 per sqft, 31% below what one-beds in Orra Marina were fetching at the time (AED 1,510). Over the last 12 months one-beds sold for AED 1,400,000 to 1,720,000, around AED 1,691 per sqft, and rent for AED 80,000 to 130,000 a year. 1208's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20261,625,000
12 Jan 20261,450,000
2 Jan 20261,400,000
24 Nov 20251,720,000
4 1-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
12062-bedAED 1.79M · May 2017
12072-bedAED 2.65M · Aug 2014

1208, Orra Marina in numbers

  • Sold twice: first on 23 February 2010 for AED 949,150, last on 1 April 2013 for AED 949,150 (AED 1,043 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 87,150 to AED 70,000 in 2022 and recovered to AED 110,000 by May 2023.
  • At AED 110,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 21,800 a year (AED 24.00 per sqft).
  • One-beds in Orra Marina sold for AED 1,400,000–1,720,000 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 1 May 2023.

Questions about 1208, Orra Marina

What did unit 1208 last sell for?

AED 949,150 on 1 April 2013: AED 1,043 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 949,150 in February 2010.

What is the rent for unit 1208?

AED 110,000 a year on the contract signed on 1 May 2023. The previous contract, from April 2022, was AED 70,000; the unit has been rented since November 2013.

How big is unit 1208?

910 sqft (84.5 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2012.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orra Marina sold for AED 1,400,000 to 1,720,000 in the last 12 months, around AED 1,691 per sqft.

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Mortgage on 1208, Orra Marina

Starts from the last sale price (AED 949K, 1 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 949,150
Deposit, UAE resident (20%)
AED 189,830
Deposit, non-resident (40%)
AED 379,660
Monthly over 25 years at 3.7%
AED 3,883

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