2-bed · 1,461 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 24th floor · completed 2019

2405, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 1.3M7 December 2022
Current rentAED 68K /yr24 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Orchid Residence Science Park

What is 2405 worth today?

Last sold for AED 1,300,000 in 2022

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7 Dec 2022Sold by developerReady
AED 1,300,000AED 890 per sqft
24 Nov 2020RentedRenewal
AED 68,000/yr12 months · AED 45 per sqft
24 Oct 2019RentedNew contract
AED 75,000/yr13 months · AED 50 per sqft

Source: Dubai Land Department. Updated 7 December 2022.

Key facts

Type
2-bed apartment
Size
1,461 sqft
Floor
24th of 28
Parking
P2-03
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.3M · December 2022

About 2405, Orchid Residence Science Park

2405 is a two-bedroom apartment of 1,461 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 7 December 2022 for AED 1,300,000, or AED 890 per sqft, 6% above the AED 838 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 24 November 2020, is AED 68,000 a year: a gross yield of 5.2% on the 2022 price.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, December 2022: AED 1,300,000 (AED 890 per sqft)

2405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, 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, October 2019: AED 75,000 a yearRenewal, November 2020: AED 68,000 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 2405 sits

All 100 2-beds →

2405 last sold in December 2022 at AED 890 per sqft, 6% above 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. 2405's AED 68,000 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
24012-bedAED 1.26M · May 2023
24021-bedAED 703K · May 2023
24031-bedAED 738K · Mar 2023
24041-bedAED 772K · Mar 2023
24062-bedAED 1.22M · May 2022
24071-bedAED 925K · May 2025
24081-bedAED 960K · Mar 2025
1–7 of 9

2405, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 7 December 2022 for AED 1,300,000, or AED 890 per sqft.
  • Rented since October 2019 on 2 Ejari contracts, from AED 75,000 to AED 68,000 a year.
  • At AED 68,000 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 7 December 2022.

Questions about 2405, Orchid Residence Science Park

What did unit 2405 last sell for?

AED 1,300,000 on 7 December 2022, sold by the developer: AED 890 per sqft for 1,461 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 68,000 a year on the contract renewed on 24 November 2020. The previous contract, from October 2019, was AED 75,000.

How big is unit 2405?

1,461 sqft (135.7 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2019.

What is unit 2405 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 2405, Orchid Residence Science Park

Starts from the last sale price (AED 1.3M, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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