2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 10th floor · completed 2019

1001, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 8 January 2024
Last soldAED 1.28M8 January 2024
Current rentAED 68K /yr28 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Orchid Residence Science Park

What is 1001 worth today?

Last sold for AED 1,280,000 in 2024

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8 Jan 2024Sold by developerReady
AED 1,280,000AED 878 per sqft
28 Dec 2022RentedRenewal
AED 68,000/yr12 months · AED 47 per sqft
28 Dec 2021RentedRenewal
AED 68,000/yr12 months · AED 47 per sqft
28 Dec 2020RentedRenewal
AED 68,000/yr12 months · AED 45 per sqft
28 Nov 2019RentedNew contract
AED 68,000/yr13 months · AED 45 per sqft

Source: Dubai Land Department. Updated 8 January 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
10th of 28
Parking
B2-10
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.28M · January 2024

About 1001, Orchid Residence Science Park

1001 is a two-bedroom apartment of 1,457 sqft on the 10th floor of Orchid Residence Science Park, a 28-storey tower in Dubai Science Park (Dubiotech) completed in 2019 by Ahmed Alansari Real Estate Development . The developer sold it on 8 January 2024 for AED 1,280,000, or AED 878 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 28 December 2022, is AED 68,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Orchid Residence Science Park
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,241,221; 2023 AED 1,246,013; 2024 AED 1,255,630; 2025 AED 1,715,000; 2026 AED 1,700,000Sold by developer, January 2024: AED 1,280,000 (AED 878 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Orchid Residence Science Park
75K100K125K20192021202320252027Typical rent by year: 2019 AED 73,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 65,000; 2023 AED 69,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 115,000New contract, November 2019: AED 68,000 a yearRenewal, December 2020: AED 68,000 a yearRenewal, December 2021: AED 68,000 a yearRenewal, December 2022: AED 68,000 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 Orchid Residence Science Park, and where 1001 sits

All 100 2-beds →

1001 last sold in January 2024 at AED 878 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 854). Over the last 12 months two-beds sold for AED 1,404,649 to 1,750,000, around AED 1,165 per sqft, and rent for AED 85,000 to 135,000 a year. 1001's AED 68,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Oct 20261,700,000
18 Sep 20261,700,000
10 Sep 20261,550,000
17 Aug 20261,404,649
8 2-bed sales in the last 12 months

Orchid Residence Science Park

Building

258 apartments, 1-bed to 3-bed over 28 floors in Dubai Science Park (Dubiotech), completed in 2019 by Ahmed Alansari Real Estate Development . 19 sold in the last 12 months.

Typical price per sqft
AED 1,146 Up 1.0%
Typical sale
AED 985K
Typical rent
AED 68K /yr
Typical yield
7.0%
Orchid Residence Science Park, Dubai Science Park (Dubiotech): prices, sales and rents →
Value
10021-bedAED 656K · Jun 2022
10031-bedAED 747K · Jul 2023
10041-bedAED 930K · Oct 2024
10052-bedAED 1.75M · Nov 2025
10062-bedAED 1.24M · May 2023
10071-bedAED 677K · Jul 2023
10081-bedAED 715K · Aug 2023
1–7 of 9

1001, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 8 January 2024 for AED 1,280,000, or AED 878 per sqft.
  • Rented since November 2019 on 4 Ejari contracts, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 5.3%.
  • Two-beds in Orchid Residence Science Park sold for AED 1,404,649–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,146 per sqft.

Source: Dubai Land Department. Updated 8 January 2024.

Questions about 1001, Orchid Residence Science Park

What did unit 1001 last sell for?

AED 1,280,000 on 8 January 2024, sold by the developer: AED 878 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 68,000 a year on the contract renewed on 28 December 2022. The previous contract, from December 2021, was AED 68,000; the unit has been rented since November 2019.

How big is unit 1001?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2019.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orchid Residence Science Park sold for AED 1,404,649 to 1,750,000 in the last 12 months, around AED 1,165 per sqft.

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Mortgage on 1001, Orchid Residence Science Park

Starts from the last sale price (AED 1.28M, 8 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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