V1, Orra Marina
Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V1, Orra Marina
What is V1 worth today?
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Source: Dubai Land Department. Updated 24 July 2023.
Key facts
- Type
- 6-bed apartment
- Size
- 9,596 sqft
- Floor
- Ground of 30
- Parking
- G-236, G-237, G-238
- Developer
- GKT Holdings
- Completed
- 2012
- Service charge
- AED 230,300 /yr
- Last sold
- AED 2M · April 2012
- Building
- Orra Marina
About V1, Orra Marina
V1 is a six-bedroom apartment of 9,596 sqft on the ground floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 3 April 2012 for AED 2,000,000, or AED 208 per sqft.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 24 July 2023, is AED 900,000 a year: a gross yield of 45.0% on the 2012 price, before the service charge of about AED 230,300 a year.
6-beds in Orra Marina, and where V1 sits
All 1 6-beds →Orra Marina
Building189 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%
Other units on the ground floor
All 189 units in Orra MarinaV1, Orra Marina in numbers
- Sold once: by GKT Holdings on 3 April 2012 for AED 2,000,000, or AED 208 per sqft.
- Rented since March 2012 on 9 Ejari contracts. The rent fell from AED 500,000 to AED 400,000 in 2019 and recovered to AED 900,000 by July 2023.
- At AED 900,000 a year the gross yield on the 2012 price is 45.0%, before a service charge of about AED 230,300 a year (AED 24.00 per sqft).
Source: Dubai Land Department. Updated 24 July 2023.
Questions about V1, Orra Marina
What did unit V1 last sell for?
AED 2,000,000 on 3 April 2012, sold by the developer: AED 208 per sqft for 9,596 sqft. It is the only registered sale of the unit.
What is the rent for unit V1?
AED 900,000 a year on the contract signed on 24 July 2023. The previous contract, from March 2021, was AED 500,000; the unit has been rented since March 2012.
How big is unit V1?
9,596 sqft (891.5 sqm): a six-bedroom apartment on the ground floor of a 30-storey tower completed in 2012.
What is unit V1 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on V1, Orra Marina
Starts from the last sale price (AED 2M, 3 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →