1-bed · 908 sqftOrra Marina, Dubai Marina · 7th floor · completed 2012

704, Orra Marina

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

Unit 704 · DLD and Ejari recordsUpdated 25 May 2017
Last soldAED 1.23M25 May 2017
Current rentAED 105K /yr3 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Orra Marina

What is 704 worth today?

Last sold for AED 1,234,991 in 2017

Unlock today's estimate, updated daily, with

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

25 May 2017Sold by developerReady
AED 1,234,991AED 1,359 per sqft
3 Apr 2017RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
15 Sep 2016RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
15 Sep 2015RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
1 Feb 2015RentedNew contract
AED 150,862/yr7 months · AED 167 per sqft
1 Feb 2014RentedNew contract
AED 145,000/yr12 months · AED 160 per sqft

Source: Dubai Land Department. Updated 25 May 2017.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
7th of 30
Parking
B2-60
Developer
GKT Holdings
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.23M · May 2017
Building
Orra Marina

About 704, Orra Marina

704 is a one-bedroom apartment of 908 sqft on the 7th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 25 May 2017 for AED 1,234,991, or AED 1,359 per sqft, in line with the AED 1,340 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 3 April 2017, is AED 105,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2017: AED 1,234,991 (AED 1,359 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Orra Marina
100K150K2012201620202024Typical 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, February 2014: AED 145,000 a yearNew contract, February 2015: AED 150,862 a yearNew contract, September 2015: AED 110,000 a yearNew contract, September 2016: AED 110,000 a yearNew contract, April 2017: AED 105,000 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 704 sits

All 76 1-beds →

704 last sold in May 2017 at AED 1,359 per sqft, in line with what one-beds in Orra Marina were fetching at the time (AED 1,340). 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. 704's AED 105,000 is in the upper 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 7th floor

All 189 units in Orra Marina
Value
7011-bedAED 1.34M · May 2017
7022-bedAED 2M · Jan 2025
7032-bedAED 2.3M · Sep 2025
7051-bedAED 1.6M · Apr 2025
7062-bedAED 1.9M · Oct 2021
7072-bedAED 2.5M · Jul 2025
7081-bedAED 850K · Aug 2021

704, Orra Marina in numbers

  • Sold once: by GKT Holdings on 25 May 2017 for AED 1,234,991, or AED 1,359 per sqft.
  • Rented since February 2014 on 5 Ejari contracts, from AED 145,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2017 price is 8.5%, 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 25 May 2017.

Questions about 704, Orra Marina

What did unit 704 last sell for?

AED 1,234,991 on 25 May 2017, sold by the developer: AED 1,359 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 105,000 a year on the contract signed on 3 April 2017. The previous contract, from September 2016, was AED 110,000; the unit has been rented since February 2014.

How big is unit 704?

908 sqft (84.4 sqm): a one-bedroom apartment on the 7th floor of a 30-storey tower completed in 2012.

What is unit 704 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 704? 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 704, Orra Marina

Starts from the last sale price (AED 1.23M, 25 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,991
Deposit, UAE resident (20%)
AED 246,998
Deposit, non-resident (40%)
AED 493,996
Monthly over 25 years at 3.7%
AED 5,053

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