2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 20th floor · completed 2019

2001, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 18 October 2022
Last soldAED 1.25M18 October 2022
Current rentAED 65K /yr18 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Orchid Residence Science Park

What is 2001 worth today?

Last sold for AED 1,253,299 in 2022

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18 Oct 2022Sold by developerReady
AED 1,253,299AED 859 per sqft
18 Mar 2021RentedNew contract
AED 65,000/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 18 October 2022.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
20th of 28
Parking
P1-20
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.25M · October 2022

About 2001, Orchid Residence Science Park

2001 is a two-bedroom apartment of 1,457 sqft on the 20th 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 18 October 2022 for AED 1,253,299, or AED 859 per sqft, in line with the AED 838 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 March 2021. The current contract, signed on 18 March 2021, is AED 65,000 a year: a gross yield of 5.2% on the 2022 price.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, October 2022: AED 1,253,299 (AED 859 per sqft)

2001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, 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, March 2021: 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 2001 sits

All 100 2-beds →

2001 last sold in October 2022 at AED 859 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 838). 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. 2001'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
20021-bedAED 666K · Feb 2023
20031-bedAED 770K · Oct 2023
20041-bedAED 699K · Oct 2022
20052-bedAED 1.22M · Dec 2022
20062-bedAED 1.25M · Oct 2023
20071-bedAED 685K · May 2023
20081-bedAED 800K · Jun 2023
1–7 of 9

2001, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 18 October 2022 for AED 1,253,299, or AED 859 per sqft.
  • Rented since March 2021 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 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 18 October 2022.

Questions about 2001, Orchid Residence Science Park

What did unit 2001 last sell for?

AED 1,253,299 on 18 October 2022, sold by the developer: AED 859 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 2001?

AED 65,000 a year on the contract signed on 18 March 2021.

How big is unit 2001?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2019.

What is unit 2001 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 2001, Orchid Residence Science Park

Starts from the last sale price (AED 1.25M, 18 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,253,299
Deposit, UAE resident (20%)
AED 250,660
Deposit, non-resident (40%)
AED 501,320
Monthly over 25 years at 3.7%
AED 5,128

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