2-bed · 1,325 sqftOrra Marina, Dubai Marina · 17th floor · completed 2012

1707, Orra Marina

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

Unit 1707 · DLD and Ejari recordsUpdated 28 December 2022
Last soldAED 1.59M12 August 2012
Current rentAED 150K /yr28 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Orra Marina

What is 1707 worth today?

Last sold for AED 1,586,092 in 2012

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28 Dec 2022RentedRenewal
AED 150,000/yr6 months · AED 113 per sqft
28 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
28 Dec 2020RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
28 Jun 2020RentedRenewal
AED 110,000/yr6 months · AED 83 per sqft
28 Dec 2019RentedRenewal
AED 130,000/yr6 months · AED 98 per sqft
28 Jun 2019RentedRenewal
AED 130,000/yr6 months · AED 98 per sqft
28 Dec 2018RentedRenewal
AED 150,000/yr6 months · AED 113 per sqft
28 Dec 2017RentedRenewal
AED 170,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 28 December 2022.

Key facts

Type
2-bed apartment
Size
1,325 sqft
Floor
17th of 30
Parking
B1-183
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 1.59M · August 2012
Building
Orra Marina

About 1707, Orra Marina

1707 is a two-bedroom apartment of 1,325 sqft on the 17th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 12 August 2012 for AED 1,586,092, or AED 1,197 per sqft, 4% below the AED 1,241 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 28 December 2022, is AED 150,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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, August 2012: AED 1,586,092 (AED 1,197 per sqft)

1707 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1707, 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, December 2012: AED 115,000 a yearRenewal, December 2013: AED 120,750 a yearRenewal, December 2014: AED 160,000 a yearRenewal, December 2015: AED 165,000 a yearRenewal, December 2016: AED 170,000 a yearRenewal, December 2017: AED 170,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, June 2019: AED 130,000 a yearRenewal, December 2019: AED 130,000 a yearRenewal, June 2020: AED 110,000 a yearRenewal, December 2020: AED 105,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: AED 150,000 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 1707 sits

All 75 2-beds →

1707 last sold in August 2012 at AED 1,197 per sqft, 4% below what two-beds in Orra Marina were fetching at the time (AED 1,241). 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. 1707's AED 150,000 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 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
17051-bedAED 400K · Sep 2013
17062-bedAED 2.2M · Feb 2013
17081-bedAED 1.39M · Sep 2012

1707, Orra Marina in numbers

  • Sold once: by GKT Holdings on 12 August 2012 for AED 1,586,092, or AED 1,197 per sqft.
  • Rented since December 2012 on 13 Ejari contracts, from AED 115,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 31,800 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 28 December 2022.

Questions about 1707, Orra Marina

What did unit 1707 last sell for?

AED 1,586,092 on 12 August 2012, sold by the developer: AED 1,197 per sqft for 1,325 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 150,000 a year on the contract renewed on 28 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since December 2012.

How big is unit 1707?

1,325 sqft (123.1 sqm): a two-bedroom apartment on the 17th floor of a 30-storey tower completed in 2012.

What is unit 1707 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 1707, Orra Marina

Starts from the last sale price (AED 1.59M, 12 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,586,092
Deposit, UAE resident (20%)
AED 317,218
Deposit, non-resident (40%)
AED 634,437
Monthly over 25 years at 3.7%
AED 6,489

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