1-bed · 908 sqftOrra Marina, Dubai Marina · 17th floor · completed 2012

1705, Orra Marina

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

Unit 1705 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 400K30 September 2013
Current rentAED 90K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Orra Marina

What is 1705 worth today?

Last sold for AED 400,000 in 2013

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1 Jul 2023RentedRenewal
AED 90,000/yr12 months · AED 99 per sqft
1 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
1 May 2014RentedNew contract
AED 140,000/yr12 months · AED 155 per sqft
30 Sep 2013SoldReady
AED 400,000AED 440 per sqft
20 Mar 2013RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
25 Sep 2012Sold by developerReady
AED 350,000AED 385 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
17th of 30
Parking
B2-40
Developer
GKT Holdings
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 400K · September 2013
Building
Orra Marina

About 1705, Orra Marina

1705 is a one-bedroom apartment of 908 sqft on the 17th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 30 September 2013 for AED 400,000, or AED 440 per sqft, 67% below the AED 1,353 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 90,000 a year: a gross yield of 22.5% on the 2013 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, September 2012: AED 350,000 (AED 385 per sqft)Sold, September 2013: AED 400,000 (AED 440 per sqft)

1705 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, 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, March 2013: AED 110,000 a yearNew contract, May 2014: AED 140,000 a yearNew contract, July 2022: AED 85,000 a yearRenewal, July 2023: AED 90,000 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 1705 sits

All 76 1-beds →

1705 last sold in September 2013 at AED 440 per sqft, 67% below what one-beds in Orra Marina were fetching at the time (AED 1,353). 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. 1705's AED 90,000 is in the lower 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 17th floor

All 189 units in Orra Marina
Value
17011-bedAED 1.35M · Sep 2022
17022-bedAED 1M · Nov 2017
17032-bedAED 1M · Nov 2017
17041-bedAED 740K · Jul 2020
17062-bedAED 2.2M · Feb 2013
17072-bedAED 1.59M · Aug 2012
17081-bedAED 1.39M · Sep 2012

1705, Orra Marina in numbers

  • Sold twice: first on 25 September 2012 for AED 350,000, last on 30 September 2013 for AED 400,000 (AED 440 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 110,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 22.5%, 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 July 2023.

Questions about 1705, Orra Marina

What did unit 1705 last sell for?

AED 400,000 on 30 September 2013: AED 440 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 350,000 in September 2012.

What is the rent for unit 1705?

AED 90,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 85,000; the unit has been rented since March 2013.

How big is unit 1705?

908 sqft (84.4 sqm): a one-bedroom apartment on the 17th floor of a 30-storey tower completed in 2012.

What is unit 1705 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 1705, Orra Marina

Starts from the last sale price (AED 400K, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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