3-bed · 2,173 sqftOrra Marina, Dubai Marina · 24th floor · completed 2012

2403, Orra Marina

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 3.5M5 November 2024
Current rentAED 163K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Orra Marina

What is 2403 worth today?

Last sold for AED 3,500,000 in 2024

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5 Nov 2024SoldReady
AED 3,500,000AED 1,610 per sqft
1 Aug 2024RentedRenewal
AED 162,800/yr12 months · AED 75 per sqft
1 Aug 2024RentedRenewal
AED 162,800/yr12 months · AED 75 per sqft
1 Aug 2023RentedRenewal
AED 148,000/yr12 months · AED 68 per sqft
1 Aug 2022RentedNew contract
AED 148,000/yr12 months · AED 68 per sqft
9 May 2021RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
15 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
15 Aug 2019RentedNew contract
AED 138,900/yr6 months · AED 64 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
3-bed apartment
Size
2,173 sqft
Floor
24th of 30
Parking
G-202, G-203
Developer
GKT Holdings
Completed
2012
Service charge
AED 52,200 /yr
Last sold
AED 3.5M · November 2024
Building
Orra Marina

About 2403, Orra Marina

2403 is a three-bedroom apartment of 2,173 sqft on the 24th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 5 November 2024 for AED 3,500,000, or AED 1,610 per sqft, in line with the AED 1,610 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 162,800 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 52,200 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical three-bed in Orra Marina
2M4M2012201620202024Typical sale price by year: 2012 AED 3,131,657; 2013 AED 700,000; 2024 AED 3,500,000; 2026 AED 3,550,000Sold by developer, October 2013: AED 700,000 (AED 322 per sqft)Sold, November 2024: AED 3,500,000 (AED 1,610 per sqft)

2403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2403, each contractTypical three-bed in Orra Marina
150K200K2012201620202024Typical rent by year: 2012 AED 157,500; 2013 AED 168,000; 2014 AED 190,000; 2015 AED 202,000; 2016 AED 190,000; 2017 AED 190,000; 2018 AED 175,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 125,000; 2022 AED 135,000; 2023 AED 147,357; 2024 AED 175,500; 2025 AED 185,000; 2026 AED 195,000New contract, October 2013: AED 142,000 a yearRenewal, October 2014: AED 163,300 a yearRenewal, October 2015: AED 180,000 a yearRenewal, October 2016: AED 180,000 a yearNew contract, July 2017: AED 170,000 a yearRenewal, July 2018: AED 170,000 a yearNew contract, August 2019: AED 138,900 a yearRenewal, February 2020: AED 130,000 a yearNew contract, May 2021: AED 125,000 a yearNew contract, August 2022: AED 148,000 a yearRenewal, August 2023: AED 148,000 a yearRenewal, August 2024: AED 162,800 a yearRenewal, August 2024: AED 162,800 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Orra Marina, and where 2403 sits

All 33 3-beds →

2403 last sold in November 2024 at AED 1,610 per sqft, in line with what three-beds in Orra Marina were fetching at the time (AED 1,610). Over the last 12 months three-beds sold for AED 3,500,000 to 4,150,000, around AED 1,556 per sqft, and rent for AED 120,000 to 325,000 a year. 2403's AED 162,800 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Feb 20263,550,000
12 Feb 20264,150,000
30 Jan 20263,500,000
4 Jun 20253,400,000
3 3-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 24th floor

All 189 units in Orra Marina
Value
24013-bedAED 700K · Oct 2013
24023-bedAED 700K · Oct 2013
24043-bedAED 3.5M · Sep 2024

2403, Orra Marina in numbers

  • Sold twice: first on 2 October 2013 for AED 700,000, last on 5 November 2024 for AED 3,500,000 (AED 1,610 per sqft).
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 142,000 to AED 125,000 in 2021 and recovered to AED 162,800 by August 2024.
  • At AED 162,800 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 52,200 a year (AED 24.00 per sqft).
  • Three-beds in Orra Marina sold for AED 3,500,000–4,150,000 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 5 November 2024.

Questions about 2403, Orra Marina

What did unit 2403 last sell for?

AED 3,500,000 on 5 November 2024: AED 1,610 per sqft for 2,173 sqft. The unit has 2 registered sales; the first was AED 700,000 in October 2013.

What is the rent for unit 2403?

AED 162,800 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 162,800; the unit has been rented since October 2013.

How big is unit 2403?

2,173 sqft (201.9 sqm): a three-bedroom apartment on the 24th floor of a 30-storey tower completed in 2012.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Orra Marina sold for AED 3,500,000 to 4,150,000 in the last 12 months, around AED 1,556 per sqft.

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Mortgage on 2403, Orra Marina

Starts from the last sale price (AED 3.5M, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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