1-bed · 908 sqftOrra Marina, Dubai Marina · 5th floor · completed 2012

505, 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 505 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 1.45M8 November 2024
Current rentAED 75K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Orra Marina

What is 505 worth today?

Last sold for AED 1,450,000 in 2024

Unlock today's estimate, updated daily, with

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

8 Nov 2024SoldReady
AED 1,450,000AED 1,596 per sqft
16 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
16 Dec 2022RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
16 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
15 Jul 2020RentedNew contract
AED 65,653/yr12 months · AED 72 per sqft
15 Jul 2019RentedNew contract
AED 93,000/yr12 months · AED 103 per sqft
19 Jun 2018RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
19 Jun 2017RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
5th of 30
Parking
B1-145
Developer
GKT Holdings
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.45M · November 2024
Building
Orra Marina

About 505, Orra Marina

505 is a one-bedroom apartment of 908 sqft on the 5th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 8 November 2024 for AED 1,450,000, or AED 1,596 per sqft, 6% above the AED 1,500 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 16 December 2023, is AED 75,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 2013: AED 400,000 (AED 440 per sqft)Sold, November 2024: AED 1,450,000 (AED 1,596 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Orra Marina
75K100K125K2012201620202024Typical 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, August 2013: AED 98,667 a yearNew contract, February 2014: AED 117,000 a yearNew contract, August 2014: AED 115,000 a yearNew contract, May 2016: AED 99,643 a yearNew contract, May 2017: AED 100,000 a yearNew contract, June 2017: AED 100,000 a yearRenewal, June 2018: AED 100,000 a yearNew contract, July 2019: AED 93,000 a yearNew contract, July 2020: AED 65,653 a yearNew contract, December 2021: AED 75,000 a yearRenewal, December 2022: AED 75,000 a yearRenewal, December 2023: AED 75,000 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 505 sits

All 76 1-beds →

505 last sold in November 2024 at AED 1,596 per sqft, 6% above what one-beds in Orra Marina were fetching at the time (AED 1,500). 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. 505's AED 75,000 is at the bottom 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 5th floor

All 189 units in Orra Marina
Value
5011-bedAED 1.5M · Dec 2024
5022-bedAED 1.79M · Jul 2025
5032-bedAED 500K · Oct 2013
5041-bedAED 1.63M · Aug 2026
5062-bedAED 2.25M · Jun 2024
5072-bedAED 2.3M · Feb 2025
5081-bedAED 1.48M · Jul 2025

505, Orra Marina in numbers

  • Sold twice: first on 1 October 2013 for AED 400,000, last on 8 November 2024 for AED 1,450,000 (AED 1,596 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 98,667 to AED 65,653 in 2020 and recovered to AED 75,000 by December 2023.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.2%, 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 8 November 2024.

Questions about 505, Orra Marina

What did unit 505 last sell for?

AED 1,450,000 on 8 November 2024: AED 1,596 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 400,000 in October 2013.

What is the rent for unit 505?

AED 75,000 a year on the contract renewed on 16 December 2023. The previous contract, from December 2022, was AED 75,000; the unit has been rented since August 2013.

How big is unit 505?

908 sqft (84.4 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2012.

What is unit 505 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.

Selling 505? 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 505, Orra Marina

Starts from the last sale price (AED 1.45M, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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