
1506, Orra Marina
Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Orra Marina
What is 1506 worth today?
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Source: Dubai Land Department. Updated 6 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,318 sqft
- Floor
- 15th of 30
- Parking
- B1-175
- Developer
- GKT Holdings
- Completed
- 2012
- Service charge
- AED 31,600 /yr
- Last sold
- AED 2.1M · July 2016
- Building
- Orra Marina
About 1506, Orra Marina
1506 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. It last sold on 26 July 2016 for AED 2,100,000, or AED 1,593 per sqft, in line with the AED 1,592 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 6 December 2023, is AED 175,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 31,600 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; 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 1506 sits
All 75 2-beds →1506 last sold in July 2016 at AED 1,593 per sqft, in line with what two-beds in Orra Marina were fetching at the time (AED 1,592). 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. 1506's AED 175,000 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 | |
| 1503 | 2-bed | 1,318 sqft | AED 2.58MAED 2,580,000 · Aug 2014August 2014 | 125,000 /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 | |
| 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 |
1506, Orra Marina in numbers
- Sold 3 times: first on 13 May 2013 for AED 1,200,000, last on 26 July 2016 for AED 2,100,000 (AED 1,593 per sqft).
- Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 190,000 to AED 100,000 in 2021 and recovered to AED 175,000 by December 2023.
- At AED 175,000 a year the gross yield on the 2016 price is 8.3%, 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 6 December 2023.
Questions about 1506, Orra Marina
What did unit 1506 last sell for?
AED 2,100,000 on 26 July 2016: AED 1,593 per sqft for 1,318 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in May 2013.
What is the rent for unit 1506?
AED 175,000 a year on the contract signed on 6 December 2023. The previous contract, from February 2022, was AED 105,000; the unit has been rented since June 2013.
How big is unit 1506?
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 1506 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 1506, Orra Marina
Starts from the last sale price (AED 2.1M, 26 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →