1503, Orra Marina
Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Orra Marina
What is 1503 worth today?
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Source: Dubai Land Department. Updated 24 September 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,318 sqft
- Floor
- 15th of 30
- Parking
- B2-46
- Developer
- GKT Holdings
- Completed
- 2012
- Service charge
- AED 31,600 /yr
- Last sold
- AED 2.58M · August 2014
- Building
- Orra Marina
About 1503, Orra Marina
1503 is a two-bedroom apartment of 1,318 sqft on the 15th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 10 August 2014 for AED 2,580,000, or AED 1,957 per sqft, 419% above the AED 377 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 24 September 2017, is AED 125,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 31,600 a year.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 75 2-beds →1503 last sold in August 2014 at AED 1,957 per sqft, 419% above what two-beds in Orra Marina were fetching at the time (AED 377). 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. 1503's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,350 sqft | 2,400,000 | 1,777 | ||
| 24 Feb 202624 February 2026 | 1,350 sqft | 2,430,000 | 1,799 | ||
| 20 Jan 202620 January 2026 | 1,350 sqft | 2,050,000 | 1,518 | ||
| 24 Oct 202524 October 2025 | 1,325 sqft | 2,050,000 | 1,547 |
Orra Marina
Building189 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%
Other units on the 15th floor
All 189 units in Orra Marina| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 908 sqft | AED 1MAED 1,000,000 · Dec 2019December 2019 | 80,000 /yr | |
| 1502 | 2-bed | 1,325 sqft | AED 1MAED 1,000,000 · Nov 2017November 2017 | 140,000 /yr | |
| 1504 | 1-bed | 908 sqft | AED 1.43MAED 1,425,000 · Apr 2024April 2024 | ||
| 1505 | 1-bed | 908 sqft | AED 1.43MAED 1,425,000 · Aug 2016August 2016 | 99,000 /yr | |
| 1506 | 2-bed | 1,318 sqft | AED 2.1MAED 2,100,000 · Jul 2016July 2016 | 175,000 /yr | |
| 1507 | 2-bed | 1,325 sqft | AED 2.7MAED 2,700,000 · Oct 2014October 2014 | 50,000 /yr | |
| 1508 | 1-bed | 908 sqft | AED 1.59MAED 1,590,000 · Mar 2014March 2014 | 130,000 /yr |
1503, Orra Marina in numbers
- Sold once: by GKT Holdings on 10 August 2014 for AED 2,580,000, or AED 1,957 per sqft.
- Rented since July 2013 on 3 Ejari contracts, from AED 150,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2014 price is 4.8%, 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 24 September 2017.
Questions about 1503, Orra Marina
What did unit 1503 last sell for?
AED 2,580,000 on 10 August 2014, sold by the developer: AED 1,957 per sqft for 1,318 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 125,000 a year on the contract signed on 24 September 2017. The previous contract, from July 2014, was AED 180,000; the unit has been rented since July 2013.
How big is unit 1503?
1,318 sqft (122.4 sqm): a two-bedroom apartment on the 15th floor of a 30-storey tower completed in 2012.
What is unit 1503 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 1503, Orra Marina
Starts from the last sale price (AED 2.58M, 10 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,580,000
- Deposit, UAE resident (20%)
- AED 516,000
- Deposit, non-resident (40%)
- AED 1,032,000
- Monthly over 25 years at 3.7%
- AED 10,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →