2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 12th floor · completed 2019

1206, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 1.23M10 May 2023
Current rentAED 65K /yr4 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Orchid Residence Science Park

What is 1206 worth today?

Last sold for AED 1,231,440 in 2023

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10 May 2023Sold by developerReady
AED 1,231,440AED 844 per sqft
4 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft
18 Feb 2020RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
12th of 28
Parking
B2-35
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.23M · May 2023

About 1206, Orchid Residence Science Park

1206 is a two-bedroom apartment of 1,457 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 10 May 2023 for AED 1,231,440, or AED 844 per sqft, in line with the AED 852 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 4 April 2022, is AED 65,000 a year: a gross yield of 5.3% on the 2023 price.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, May 2023: AED 1,231,440 (AED 844 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, February 2020: AED 65,000 a yearNew contract, April 2022: AED 65,000 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 1206 sits

All 100 2-beds →

1206 last sold in May 2023 at AED 844 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 852). 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. 1206's AED 65,000 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
12012-bedAED 1.24M · Sep 2023
12021-bedAED 840K · Feb 2024
12031-bedAED 717K · Feb 2022
12041-bedAED 684K · Nov 2022
12052-bedAED 1.22M · Nov 2022
12071-bedAED 677K · May 2023
12081-bedAED 715K · Jun 2023
1–7 of 9

1206, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 10 May 2023 for AED 1,231,440, or AED 844 per sqft.
  • Rented since February 2020 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 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 10 May 2023.

Questions about 1206, Orchid Residence Science Park

What did unit 1206 last sell for?

AED 1,231,440 on 10 May 2023, sold by the developer: AED 844 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 65,000 a year on the contract signed on 4 April 2022. The previous contract, from February 2020, was AED 65,000.

How big is unit 1206?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2019.

What is unit 1206 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 1206, Orchid Residence Science Park

Starts from the last sale price (AED 1.23M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,231,440
Deposit, UAE resident (20%)
AED 246,288
Deposit, non-resident (40%)
AED 492,576
Monthly over 25 years at 3.7%
AED 5,038

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