3-bed · 2,280 sqftOrra Marina, Dubai Marina · 27th floor · completed 2012

2704, Orra Marina

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 19 January 2023
Last soldAED 3.5M19 January 2023
Current rentAED 160K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Orra Marina

What is 2704 worth today?

Last sold for AED 3,500,000 in 2023

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19 Jan 2023SoldReady
AED 3,500,000AED 1,534 per sqft
13 Sep 2021SoldReady
AED 2,950,000AED 1,293 per sqft
1 Sep 2020RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft
5 Dec 2018RentedNew contract
AED 190,000/yr12 months · AED 83 per sqft
25 May 2017Sold by developerReady
AED 2,513,483AED 1,102 per sqft
1 Aug 2016RentedNew contract
AED 186,491/yr12 months · AED 82 per sqft
1 Aug 2015RentedNew contract
AED 200,200/yr12 months · AED 88 per sqft
1 Aug 2014RentedNew contract
AED 182,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 19 January 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
27th of 30
Parking
G-228, G-244
Developer
GKT Holdings
Completed
2012
Service charge
AED 54,700 /yr
Last sold
AED 3.5M · January 2023
Building
Orra Marina

About 2704, Orra Marina

2704 is a three-bedroom apartment of 2,280 sqft on the 27th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 19 January 2023 for AED 3,500,000, or AED 1,534 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2020, is AED 160,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 54,700 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, May 2017: AED 2,513,483 (AED 1,102 per sqft)Sold, September 2021: AED 2,950,000 (AED 1,293 per sqft)Sold, January 2023: AED 3,500,000 (AED 1,534 per sqft)

2704 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, 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, August 2013: AED 173,250 a yearNew contract, August 2014: AED 182,000 a yearNew contract, August 2015: AED 200,200 a yearNew contract, August 2016: AED 186,491 a yearNew contract, December 2018: AED 190,000 a yearNew contract, September 2020: AED 160,000 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 2704 sits

All 33 3-beds →

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. 2704's AED 160,000 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 27th floor

All 189 units in Orra Marina
Value
27013-bedNo registered sale
27023-bedNo registered sale
27033-bedNo registered sale

2704, Orra Marina in numbers

  • Sold 3 times: first on 25 May 2017 for AED 2,513,483, last on 19 January 2023 for AED 3,500,000 (AED 1,534 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 173,250 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 54,700 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 19 January 2023.

Questions about 2704, Orra Marina

What did unit 2704 last sell for?

AED 3,500,000 on 19 January 2023: AED 1,534 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,513,483 in May 2017.

What is the rent for unit 2704?

AED 160,000 a year on the contract signed on 1 September 2020. The previous contract, from December 2018, was AED 190,000; the unit has been rented since August 2013.

How big is unit 2704?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 27th floor of a 30-storey tower completed in 2012.

What is unit 2704 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 2704, Orra Marina

Starts from the last sale price (AED 3.5M, 19 January 2023). 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 →