2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 15th floor · completed 2019

1506, Orchid Residence Science Park

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

Unit 1506 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 1.2M21 November 2023
Current rentAED 120K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Orchid Residence Science Park

What is 1506 worth today?

Last sold for AED 1,200,000 in 2023

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5 Jul 2025RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
5 Jul 2025RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
5 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
7 Jan 2024RentedNew contract
AED 67,746/yr5 months · AED 47 per sqft
21 Nov 2023Sold by developerReady
AED 1,200,000AED 823 per sqft
7 Jan 2023RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
7 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
7 Dec 2020RentedNew contract
AED 65,000/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 5 July 2025.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
15th of 28
Parking
B2-62
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.2M · November 2023

About 1506, Orchid Residence Science Park

1506 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 21 November 2023 for AED 1,200,000, or AED 823 per sqft, 4% below the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 July 2025, is AED 120,000 a year: a gross yield of 10.0% on the 2023 price.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, November 2023: AED 1,200,000 (AED 823 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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, December 2020: AED 65,000 a yearRenewal, January 2022: AED 65,000 a yearRenewal, January 2023: AED 65,000 a yearNew contract, January 2024: AED 67,746 a yearNew contract, July 2024: AED 120,000 a yearRenewal, July 2025: AED 120,000 a yearRenewal, July 2025: AED 120,000 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 1506 sits

All 100 2-beds →

1506 last sold in November 2023 at AED 823 per sqft, 4% below 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. 1506's AED 120,000 is in the upper half 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
15012-bedAED 1.25M · Sep 2023
15021-bedAED 661K · Aug 2022
15031-bedAED 794K · Apr 2023
15041-bedAED 694K · Mar 2023
15052-bedAED 1.25M · Jun 2023
15071-bedAED 840K · Nov 2023
15081-bedAED 728K · Jul 2023
1–7 of 9

1506, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 21 November 2023 for AED 1,200,000, or AED 823 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 65,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 10.0%.
  • 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 5 July 2025.

Questions about 1506, Orchid Residence Science Park

What did unit 1506 last sell for?

AED 1,200,000 on 21 November 2023, sold by the developer: AED 823 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 120,000 a year on the contract renewed on 5 July 2025. The previous contract, from July 2025, was AED 120,000; the unit has been rented since December 2020.

How big is unit 1506?

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 1506 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 1506, Orchid Residence Science Park

Starts from the last sale price (AED 1.2M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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