1501, Orchid Residence Science Park
Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Orchid Residence Science Park
What is 1501 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,457 sqft
- Floor
- 15th of 28
- Parking
- B2-55
- Developer
- Ahmed Alansari Real Estate Development
- Completed
- 2019
- Last sold
- AED 1.25M · September 2023
- Building
- Orchid Residence Science Park
About 1501, Orchid Residence Science Park
1501 is a two-bedroom apartment of 1,457 sqft on the 15th 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 20 September 2023 for AED 1,250,000, or AED 857 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 September 2023, is AED 64,455 a year: a gross yield of 5.2% on the 2023 price.
Sales and rents for 1501 over time
1501 has sold once; the dashed line is the two-bed median of each year in the building.
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 1501 sits
All 100 2-beds →1501 last sold in September 2023 at AED 857 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. 1501's AED 64,455 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,461 sqft | 1,700,000 | 1,163 | ||
| 18 Sep 202618 September 2026 | 1,457 sqft | 1,700,000 | 1,166 | ||
| 10 Sep 202610 September 2026 | 1,461 sqft | 1,550,000 | 1,061 | ||
| 17 Aug 202617 August 2026 | 1,457 sqft | 1,404,649 | 963 |
Orchid Residence Science Park
Building258 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%
Other units on the 15th floor
All 258 units in Orchid Residence Science Park| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 812 sqft | AED 661KAED 661,000 · Aug 2022August 2022 | 65,000 /yr | |
| 1503 | 1-bed | 854 sqft | AED 794KAED 793,827 · Apr 2023April 2023 | 67,000 /yr | |
| 1504 | 1-bed | 812 sqft | AED 694KAED 694,469 · Mar 2023March 2023 | 65,000 /yr | |
| 1505 | 2-bed | 1,461 sqft | AED 1.25MAED 1,248,866 · Jun 2023June 2023 | 125,000 /yr | |
| 1506 | 2-bed | 1,457 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | 120,000 /yr | |
| 1507 | 1-bed | 801 sqft | AED 840KAED 840,000 · Nov 2023November 2023 | 65,000 /yr | |
| 1508 | 1-bed | 846 sqft | AED 728KAED 727,689 · Jul 2023July 2023 | ||
| 1509 | 1-bed | 801 sqft | AED 689KAED 688,810 · May 2023May 2023 | 63,000 /yr | |
| 1510 | 2-bed | 1,457 sqft | AED 1.24MAED 1,238,726 · Jan 2024January 2024 | 70,000 /yr |
1501, Orchid Residence Science Park in numbers
- Sold once: by Ahmed Alansari Real Estate Development on 20 September 2023 for AED 1,250,000, or AED 857 per sqft.
- Rented since December 2020 on 4 Ejari contracts, from AED 65,000 to AED 64,455 a year.
- At AED 64,455 a year the gross yield on the 2023 price is 5.2%.
- 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 20 September 2023.
Questions about 1501, Orchid Residence Science Park
What did unit 1501 last sell for?
AED 1,250,000 on 20 September 2023, sold by the developer: AED 857 per sqft for 1,457 sqft. It is the only registered sale of the unit.
What is the rent for unit 1501?
AED 64,455 a year on the contract signed on 20 September 2023. The previous contract, from January 2023, was AED 70,000; the unit has been rented since December 2020.
How big is unit 1501?
1,457 sqft (135.4 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2019.
What is unit 1501 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 1501, Orchid Residence Science Park
Starts from the last sale price (AED 1.25M, 20 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →