2-bed · 1,350 sqftOrra Marina, Dubai Marina · 8th floor · completed 2012

802, Orra Marina

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

Unit 802 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1M21 January 2013
Current rentAED 100K /yr21 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Orra Marina

What is 802 worth today?

Last sold for AED 1,000,000 in 2013

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21 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
18 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
1 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
9 Jan 2018RentedRenewal
AED 186,000/yr12 months · AED 138 per sqft
9 Jan 2017RentedRenewal
AED 186,000/yr12 months · AED 138 per sqft
9 Jan 2016RentedRenewal
AED 186,000/yr12 months · AED 138 per sqft
9 Jan 2015RentedNew contract
AED 186,000/yr12 months · AED 138 per sqft
23 Nov 2013RentedNew contract
AED 163,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
8th of 30
Parking
B2-70
Developer
GKT Holdings
Completed
2012
Service charge
AED 32,400 /yr
Last sold
AED 1M · January 2013
Building
Orra Marina

About 802, Orra Marina

802 is a two-bedroom apartment of 1,350 sqft on the 8th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 21 January 2013 for AED 1,000,000, or AED 740 per sqft, 54% below the AED 1,593 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 21 June 2023, is AED 100,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 32,400 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical two-bed in Orra Marina
02M2009201420192024Typical sale price by year: 2009 AED 2,100,000; 2012 AED 2,655,852; 2013 AED 500,000; 2014 AED 2,650,000; 2016 AED 1,985,000; 2017 AED 1,480,924; 2018 AED 2,551,742; 2022 AED 1,770,000; 2023 AED 1,537,500; 2024 AED 264,027; 2025 AED 1,788,669; 2026 AED 2,400,000Sold by developer, January 2013: AED 1,000,000 (AED 740 per sqft)

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

Rents
Unit 802, each contractTypical two-bed in Orra Marina
100K150K200K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 130,000; 2014 AED 149,000; 2015 AED 148,000; 2016 AED 147,500; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 112,000; 2020 AED 92,308; 2021 AED 85,625; 2022 AED 99,755; 2023 AED 111,000; 2024 AED 123,000; 2025 AED 133,125; 2026 AED 135,000New contract, February 2013: AED 150,000 a yearNew contract, November 2013: AED 163,000 a yearNew contract, January 2015: AED 186,000 a yearRenewal, January 2016: AED 186,000 a yearRenewal, January 2017: AED 186,000 a yearRenewal, January 2018: AED 186,000 a yearNew contract, September 2019: AED 100,000 a yearNew contract, March 2021: AED 115,000 a yearNew contract, June 2023: AED 100,000 a year

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

2-beds in Orra Marina, and where 802 sits

All 75 2-beds →

802 last sold in January 2013 at AED 740 per sqft, 54% below what two-beds in Orra Marina were fetching at the time (AED 1,593). Over the last 12 months two-beds sold for AED 2,050,000 to 2,430,000, around AED 1,777 per sqft, and rent for AED 50,000 to 500,000 a year. 802's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,400,000
24 Feb 20262,430,000
20 Jan 20262,050,000
24 Oct 20252,050,000
3 2-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 8th floor

All 189 units in Orra Marina
Value
8011-bedAED 1.5M · Aug 2015
8032-bedAED 1M · Jan 2013
8041-bedAED 1.38M · Dec 2023
8051-bedAED 1.37M · Feb 2013
8062-bedAED 2.58M · Aug 2013
8072-bedAED 2.2M · May 2024
8081-bedAED 1.37M · Nov 2012

802, Orra Marina in numbers

  • Sold once: by GKT Holdings on 21 January 2013 for AED 1,000,000, or AED 740 per sqft.
  • Rented since February 2013 on 9 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 32,400 a year (AED 24.00 per sqft).
  • Two-beds in Orra Marina sold for AED 2,050,000–2,430,000 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 21 June 2023.

Questions about 802, Orra Marina

What did unit 802 last sell for?

AED 1,000,000 on 21 January 2013, sold by the developer: AED 740 per sqft for 1,350 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 100,000 a year on the contract signed on 21 June 2023. The previous contract, from March 2021, was AED 115,000; the unit has been rented since February 2013.

How big is unit 802?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 8th floor of a 30-storey tower completed in 2012.

What is unit 802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orra Marina sold for AED 2,050,000 to 2,430,000 in the last 12 months, around AED 1,777 per sqft.

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Mortgage on 802, Orra Marina

Starts from the last sale price (AED 1M, 21 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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