2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 23rd floor · completed 2019

2306, Orchid Residence Science Park

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 1.48M5 March 2024
Current rentAED 72K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Orchid Residence Science Park

What is 2306 worth today?

Last sold for AED 1,475,000 in 2024

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5 Mar 2024SoldReady
AED 1,475,000AED 1,012 per sqft
12 Oct 2023Sold by developerReady
AED 1,200,000AED 823 per sqft
1 Jul 2023RentedRenewal
AED 72,000/yr12 months · AED 49 per sqft
1 Jul 2022RentedNew contract
AED 72,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
23rd of 28
Parking
P1-55
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.48M · March 2024

About 2306, Orchid Residence Science Park

2306 is a two-bedroom apartment of 1,457 sqft on the 23rd floor of Orchid Residence Science Park, a 28-storey tower in Dubai Science Park (Dubiotech) completed in 2019 by Ahmed Alansari Real Estate Development . It last sold on 5 March 2024 for AED 1,475,000, or AED 1,012 per sqft, 19% above the AED 854 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 72,000 a year: a gross yield of 4.9% on the 2024 price.

Sales and rents for 2306 over time

Sales
Unit 2306, 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 2023: AED 1,200,000 (AED 823 per sqft)Sold, March 2024: AED 1,475,000 (AED 1,012 per sqft)

2306 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2306, 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, July 2022: AED 72,000 a yearRenewal, July 2023: AED 72,000 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 2306 sits

All 100 2-beds →

2306 last sold in March 2024 at AED 1,012 per sqft, 19% above 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. 2306's AED 72,000 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
23012-bedAED 1.26M · Apr 2023
23021-bedAED 772K · Mar 2023
23031-bedAED 900K · Jun 2024
23041-bedAED 703K · Feb 2023
23052-bedAED 1.22M · Feb 2022
23071-bedAED 697K · Aug 2023
23081-bedAED 965K · Feb 2026
1–7 of 9

2306, Orchid Residence Science Park in numbers

  • Sold twice: first on 12 October 2023 for AED 1,200,000, last on 5 March 2024 for AED 1,475,000 (AED 1,012 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 4.9%.
  • 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 March 2024.

Questions about 2306, Orchid Residence Science Park

What did unit 2306 last sell for?

AED 1,475,000 on 5 March 2024: AED 1,012 per sqft for 1,457 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in October 2023.

What is the rent for unit 2306?

AED 72,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 72,000.

How big is unit 2306?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2019.

What is unit 2306 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 2306, Orchid Residence Science Park

Starts from the last sale price (AED 1.48M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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