3-bed · 4,929 sqftOrra Marina, Dubai Marina · 29th floor · completed 2012

2901, Orra Marina

Sold prices and rental history: sold once, by the developer in May 2012, and rented once, from October 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 28 October 2015
Last soldAED 1.5M13 May 2012
Current rentAED 80K /yr28 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Orra Marina

What is 2901 worth today?

Last sold for AED 1,500,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Oct 2015RentedNew contract · flagged as an outlier
AED 80,000/yr12 months · AED 16 per sqft
13 May 2012Sold by developerReady
AED 1,500,000AED 304 per sqft

Source: Dubai Land Department. Updated 28 October 2015.

Key facts

Type
3-bed apartment
Size
4,929 sqft
Floor
29th of 30
Parking
G-245, G-246
Developer
GKT Holdings
Completed
2012
Service charge
AED 118,300 /yr
Last sold
AED 1.5M · May 2012
Building
Orra Marina

About 2901, Orra Marina

2901 is a three-bedroom apartment of 4,929 sqft on the 29th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 13 May 2012 for AED 1,500,000, or AED 304 per sqft, 78% below the AED 1,367 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2015. The current contract, signed on 28 October 2015, is AED 80,000 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 118,300 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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 2012: AED 1,500,000 (AED 304 per sqft)

2901 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, 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 195,000

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 2901 sits

All 33 3-beds →

2901 last sold in May 2012 at AED 304 per sqft, 78% below what three-beds in Orra Marina were fetching at the time (AED 1,367). 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. 2901's AED 80,000 is at the bottom 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 →

2901, Orra Marina in numbers

  • Sold once: by GKT Holdings on 13 May 2012 for AED 1,500,000, or AED 304 per sqft.
  • Rented since October 2015 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2012 price is 5.3%, before a service charge of about AED 118,300 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 28 October 2015.

Questions about 2901, Orra Marina

What did unit 2901 last sell for?

AED 1,500,000 on 13 May 2012, sold by the developer: AED 304 per sqft for 4,929 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 80,000 a year on the contract signed on 28 October 2015.

How big is unit 2901?

4,929 sqft (457.9 sqm): a three-bedroom apartment on the 29th floor of a 30-storey tower completed in 2012.

What is unit 2901 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.

Selling 2901? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2901, Orra Marina

Starts from the last sale price (AED 1.5M, 13 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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