1-bed · 854 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 12th floor · completed 2019

1203, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 717K17 February 2022
Current rentAED 48K /yr27 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Orchid Residence Science Park

What is 1203 worth today?

Last sold for AED 717,000 in 2022

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17 Feb 2022Sold by developerReady
AED 717,000AED 839 per sqft
27 Jan 2021RentedRenewal
AED 48,000/yr12 months · AED 53 per sqft
27 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
12th of 28
Parking
B2-32
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 717K · February 2022

About 1203, Orchid Residence Science Park

1203 is a one-bedroom apartment of 854 sqft on the 12th 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 17 February 2022 for AED 717,000, or AED 839 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 27 January 2021, is AED 48,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Orchid Residence Science Park
800K1M202220242026Typical sale price by year: 2022 AED 686,346; 2023 AED 720,000; 2024 AED 900,000; 2025 AED 925,000; 2026 AED 960,000Sold by developer, February 2022: AED 717,000 (AED 839 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Orchid Residence Science Park
50K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 47,000; 2021 AED 46,000; 2022 AED 48,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 66,000; 2026 AED 65,000New contract, January 2020: AED 48,000 a yearRenewal, January 2021: AED 48,000 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 Orchid Residence Science Park, and where 1203 sits

All 150 1-beds →

Over the last 12 months one-beds sold for AED 800,000 to 985,000, around AED 1,143 per sqft, and rent for AED 56,500 to 80,000 a year. 1203's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026865,000
14 Jul 2026970,000
4 Jun 2026985,000
4 Jun 2026800,000
10 1-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
12012-bedAED 1.24M · Sep 2023
12021-bedAED 840K · Feb 2024
12041-bedAED 684K · Nov 2022
12052-bedAED 1.22M · Nov 2022
12062-bedAED 1.23M · May 2023
12071-bedAED 677K · May 2023
12081-bedAED 715K · Jun 2023
1–7 of 9

1203, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 17 February 2022 for AED 717,000, or AED 839 per sqft.
  • Rented since January 2020 on 2 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 6.7%.
  • One-beds in Orchid Residence Science Park sold for AED 800,000–985,000 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 17 February 2022.

Questions about 1203, Orchid Residence Science Park

What did unit 1203 last sell for?

AED 717,000 on 17 February 2022, sold by the developer: AED 839 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 48,000 a year on the contract renewed on 27 January 2021. The previous contract, from January 2020, was AED 48,000.

How big is unit 1203?

854 sqft (79.3 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2019.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orchid Residence Science Park sold for AED 800,000 to 985,000 in the last 12 months, around AED 1,143 per sqft.

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Mortgage on 1203, Orchid Residence Science Park

Starts from the last sale price (AED 717K, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 717,000
Deposit, UAE resident (20%)
AED 143,400
Deposit, non-resident (40%)
AED 286,800
Monthly over 25 years at 3.7%
AED 2,933

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