1-bed · 910 sqftOrra Marina, Dubai Marina · 2nd floor · completed 2012

205, Orra Marina

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 12 June 2020
Last soldAED 650K18 October 2017
Current rentAED 85K /yr12 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Orra Marina

What is 205 worth today?

Last sold for AED 650,000 in 2017

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12 Jun 2020RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
18 Oct 2017Sold by developerReady
AED 650,000AED 714 per sqft
2 Mar 2017RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
3 Jan 2016RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
3 Jan 2015RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
3 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 12 June 2020.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
2nd of 30
Parking
B1-126
Developer
GKT Holdings
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 650K · October 2017
Building
Orra Marina

About 205, Orra Marina

205 is a one-bedroom apartment of 910 sqft on the 2nd floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 18 October 2017 for AED 650,000, or AED 714 per sqft, 50% below the AED 1,428 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 12 June 2020, is AED 85,000 a year: a gross yield of 13.1% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, October 2017: AED 650,000 (AED 714 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Orra Marina
80K100K120K2012201620202024Typical 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, January 2014: AED 100,000 a yearRenewal, January 2015: AED 100,000 a yearRenewal, January 2016: AED 100,000 a yearNew contract, March 2017: AED 100,000 a yearNew contract, June 2020: AED 85,000 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 205 sits

All 76 1-beds →

205 last sold in October 2017 at AED 714 per sqft, 50% below what one-beds in Orra Marina were fetching at the time (AED 1,428). 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. 205's AED 85,000 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 2nd floor

All 189 units in Orra Marina
Value
2011-bedAED 650K · Oct 2017
2022-bedAED 2M · Jul 2023
2032-bedNo registered sale
2041-bedAED 650K · Oct 2017
2062-bedNo registered sale
2081-bedNo registered sale

205, Orra Marina in numbers

  • Sold once: by GKT Holdings on 18 October 2017 for AED 650,000, or AED 714 per sqft.
  • Rented since January 2014 on 5 Ejari contracts, from AED 100,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 13.1%, 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 12 June 2020.

Questions about 205, Orra Marina

What did unit 205 last sell for?

AED 650,000 on 18 October 2017, sold by the developer: AED 714 per sqft for 910 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 85,000 a year on the contract signed on 12 June 2020. The previous contract, from March 2017, was AED 100,000; the unit has been rented since January 2014.

How big is unit 205?

910 sqft (84.5 sqm): a one-bedroom apartment on the 2nd floor of a 30-storey tower completed in 2012.

What is unit 205 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 205, Orra Marina

Starts from the last sale price (AED 650K, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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