2-bed · 1,318 sqftOrra Marina, Dubai Marina · 13th floor · completed 2012

1306, Orra Marina

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

Unit 1306 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 1M29 October 2017
Current rentAED 100K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Orra Marina

What is 1306 worth today?

Last sold for AED 1,000,000 in 2017

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12 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
12 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
23 Feb 2023RentedNew contract
AED 155,000/yr12 months · AED 118 per sqft
4 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
4 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
29 Oct 2017Sold by developerReady
AED 1,000,000AED 758 per sqft
4 Oct 2017RentedRenewal
AED 150,000/yr12 months · AED 114 per sqft
4 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed apartment
Size
1,318 sqft
Floor
13th of 30
Parking
B2-50
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,600 /yr
Last sold
AED 1M · October 2017
Building
Orra Marina

About 1306, Orra Marina

1306 is a two-bedroom apartment of 1,318 sqft on the 13th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 29 October 2017 for AED 1,000,000, or AED 758 per sqft, 42% below the AED 1,318 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 12 July 2024, is AED 100,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 31,600 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, October 2017: AED 1,000,000 (AED 758 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, 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, September 2012: AED 110,000 a yearNew contract, October 2013: AED 115,000 a yearNew contract, October 2014: AED 127,050 a yearRenewal, October 2015: AED 139,755 a yearNew contract, October 2016: AED 150,000 a yearRenewal, October 2017: AED 150,000 a yearNew contract, October 2018: AED 130,000 a yearNew contract, October 2019: AED 120,000 a yearNew contract, February 2023: AED 155,000 a yearNew contract, July 2024: AED 100,000 a yearNew contract, July 2024: AED 100,000 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 1306 sits

All 75 2-beds →

1306 last sold in October 2017 at AED 758 per sqft, 42% below what two-beds in Orra Marina were fetching at the time (AED 1,318). 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. 1306's AED 100,000 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 13th floor

All 189 units in Orra Marina
Value
13011-bedAED 650K · Nov 2017
13022-bedNo registered sale
13032-bedNo registered sale
13041-bedAED 650K · Oct 2017
13051-bedAED 650K · Oct 2017
13072-bedAED 1.78M · May 2017
13081-bedAED 650K · Oct 2017

1306, Orra Marina in numbers

  • Sold once: by GKT Holdings on 29 October 2017 for AED 1,000,000, or AED 758 per sqft.
  • Rented since September 2012 on 11 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 31,600 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 12 July 2024.

Questions about 1306, Orra Marina

What did unit 1306 last sell for?

AED 1,000,000 on 29 October 2017, sold by the developer: AED 758 per sqft for 1,318 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 100,000 a year on the contract signed on 12 July 2024. The previous contract, from July 2024, was AED 100,000; the unit has been rented since September 2012.

How big is unit 1306?

1,318 sqft (122.4 sqm): a two-bedroom apartment on the 13th floor of a 30-storey tower completed in 2012.

What is unit 1306 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 1306, Orra Marina

Starts from the last sale price (AED 1M, 29 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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