1-bed · 813 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 14th floor · completed 2019

1402, Orchid Residence Science Park

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

Unit 1402 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 756K12 May 2023
Current rentAED 73K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Orchid Residence Science Park

What is 1402 worth today?

Last sold for AED 755,987 in 2023

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1 Jun 2024RentedNew contract
AED 72,500/yr12 months · AED 89 per sqft
1 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
12 May 2023Sold by developerReady
AED 755,987AED 929 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
14th of 28
Parking
B2-51
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 756K · May 2023

About 1402, Orchid Residence Science Park

1402 is a one-bedroom apartment of 813 sqft on the 14th 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 12 May 2023 for AED 755,987, or AED 929 per sqft, 9% above the AED 854 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 June 2024, is AED 72,500 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, May 2023: AED 755,987 (AED 929 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in Orchid Residence Science Park
60K20192021202320252027Typical 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, June 2023: AED 65,000 a yearNew contract, June 2024: AED 72,500 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 1402 sits

All 150 1-beds →

1402 last sold in May 2023 at AED 929 per sqft, 9% above what one-beds in Orchid Residence Science Park were fetching at the time (AED 854). 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. 1402's AED 72,500 is in the upper half 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
14012-bedAED 1.45M · Feb 2024
14031-bedAED 696K · Sep 2022
14041-bedAED 756K · May 2023
14052-bedAED 1.22M · Apr 2023

1402, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 12 May 2023 for AED 755,987, or AED 929 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 65,000 to AED 72,500 a year.
  • At AED 72,500 a year the gross yield on the 2023 price is 9.6%.
  • 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 1 June 2024.

Questions about 1402, Orchid Residence Science Park

What did unit 1402 last sell for?

AED 755,987 on 12 May 2023, sold by the developer: AED 929 per sqft for 813 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 72,500 a year on the contract signed on 1 June 2024. The previous contract, from June 2023, was AED 65,000.

How big is unit 1402?

813 sqft (75.5 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2019.

What is unit 1402 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 1402, Orchid Residence Science Park

Starts from the last sale price (AED 756K, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 755,987
Deposit, UAE resident (20%)
AED 151,197
Deposit, non-resident (40%)
AED 302,395
Monthly over 25 years at 3.7%
AED 3,093

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