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

1510, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 1.24M17 January 2024
Current rentAED 70K /yr23 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Orchid Residence Science Park

What is 1510 worth today?

Last sold for AED 1,238,726 in 2024

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17 Jan 2024Sold by developerReady
AED 1,238,726AED 849 per sqft
23 Mar 2023RentedRenewal
AED 70,000/yr12 months · AED 48 per sqft
23 Mar 2022RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
23 Feb 2021RentedNew contract
AED 65,000/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
15th of 28
Parking
B2-66
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.24M · January 2024

About 1510, Orchid Residence Science Park

1510 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 17 January 2024 for AED 1,238,726, or AED 849 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 23 March 2023, is AED 70,000 a year: a gross yield of 5.7% on the 2024 price.

Sales and rents for 1510 over time

Sales
Unit 1510, 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, January 2024: AED 1,238,726 (AED 849 per sqft)

1510 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1510, 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 2021: AED 65,000 a yearRenewal, March 2022: AED 65,000 a yearRenewal, March 2023: AED 70,000 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 1510 sits

All 100 2-beds →

1510 last sold in January 2024 at AED 849 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. 1510's AED 70,000 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
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
15062-bedAED 1.2M · Nov 2023
15071-bedAED 840K · Nov 2023
1–7 of 9

1510, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 17 January 2024 for AED 1,238,726, or AED 849 per sqft.
  • Rented since February 2021 on 3 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.7%.
  • 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 17 January 2024.

Questions about 1510, Orchid Residence Science Park

What did unit 1510 last sell for?

AED 1,238,726 on 17 January 2024, sold by the developer: AED 849 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 70,000 a year on the contract renewed on 23 March 2023. The previous contract, from March 2022, was AED 65,000; the unit has been rented since February 2021.

How big is unit 1510?

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 1510 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 1510, Orchid Residence Science Park

Starts from the last sale price (AED 1.24M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,238,726
Deposit, UAE resident (20%)
AED 247,745
Deposit, non-resident (40%)
AED 495,490
Monthly over 25 years at 3.7%
AED 5,068

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