2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 24th floor · completed 2019

2401, Orchid Residence Science Park

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

Unit 2401 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.26M3 May 2023
Current rentAED 100K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Orchid Residence Science Park

What is 2401 worth today?

Last sold for AED 1,260,586 in 2023

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20 May 2024RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
20 May 2023RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
3 May 2023Sold by developerReady
AED 1,260,586AED 864 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
24th of 28
Parking
P1-60
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.26M · May 2023

About 2401, Orchid Residence Science Park

2401 is a two-bedroom apartment of 1,457 sqft on the 24th 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 3 May 2023 for AED 1,260,586, or AED 864 per sqft, in line with the AED 858 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 May 2024, is AED 100,000 a year: a gross yield of 7.9% on the 2023 price.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, May 2023: AED 1,260,586 (AED 864 per sqft)

2401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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, May 2023: AED 100,000 a yearNew contract, May 2024: AED 100,000 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 2401 sits

All 100 2-beds →

2401 last sold in May 2023 at AED 864 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 858). 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. 2401's AED 100,000 is in the lower 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
24021-bedAED 703K · May 2023
24031-bedAED 738K · Mar 2023
24041-bedAED 772K · Mar 2023
24052-bedAED 1.3M · Dec 2022
24062-bedAED 1.22M · May 2022
24071-bedAED 925K · May 2025
24081-bedAED 960K · Mar 2025
1–7 of 9

2401, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 3 May 2023 for AED 1,260,586, or AED 864 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.9%.
  • 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 20 May 2024.

Questions about 2401, Orchid Residence Science Park

What did unit 2401 last sell for?

AED 1,260,586 on 3 May 2023, sold by the developer: AED 864 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 100,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2023, was AED 100,000.

How big is unit 2401?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2019.

What is unit 2401 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 2401, Orchid Residence Science Park

Starts from the last sale price (AED 1.26M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,586
Deposit, UAE resident (20%)
AED 252,117
Deposit, non-resident (40%)
AED 504,234
Monthly over 25 years at 3.7%
AED 5,157

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