1-bed · 854 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 26th floor · completed 2019

2603, Orchid Residence Science Park

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

Unit 2603 · DLD and Ejari recordsUpdated 2 November 2022
Last soldAED 736K2 November 2022
Current rentAED 72K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Orchid Residence Science Park

What is 2603 worth today?

Last sold for AED 735,613 in 2022

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2 Nov 2022Sold by developerReady
AED 735,613AED 861 per sqft
1 Jul 2022RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft
1 Dec 2020RentedRenewal
AED 47,000/yr12 months · AED 52 per sqft
1 Nov 2019RentedNew contract
AED 55,000/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 2 November 2022.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
26th of 28
Parking
P2-21
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 736K · November 2022

About 2603, Orchid Residence Science Park

2603 is a one-bedroom apartment of 854 sqft on the 26th 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 2 November 2022 for AED 735,613, or AED 861 per sqft, 4% above the AED 829 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 72,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical one-bed in Orchid Residence Science Park
800K1M202220242026Typical sale price by year: 2022 AED 686,346; 2023 AED 720,000; 2024 AED 900,000; 2025 AED 925,000; 2026 AED 960,000Sold by developer, November 2022: AED 735,613 (AED 861 per sqft)

2603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Orchid Residence Science Park
60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 47,000; 2021 AED 46,000; 2022 AED 48,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 66,000; 2026 AED 65,000New contract, November 2019: AED 55,000 a yearRenewal, December 2020: AED 47,000 a yearNew contract, July 2022: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Orchid Residence Science Park, and where 2603 sits

All 150 1-beds →

2603 last sold in November 2022 at AED 861 per sqft, 4% above what one-beds in Orchid Residence Science Park were fetching at the time (AED 829). Over the last 12 months one-beds sold for AED 800,000 to 985,000, around AED 1,143 per sqft, and rent for AED 56,500 to 80,000 a year. 2603's AED 72,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026865,000
14 Jul 2026970,000
4 Jun 2026985,000
4 Jun 2026800,000
10 1-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
26012-bedAED 1.27M · Jan 2024
26021-bedAED 674K · Oct 2022
26041-bedAED 694K · May 2022
26052-bedAED 1.3M · Feb 2024
26062-bedAED 1.45M · Jun 2024
26071-bedAED 693K · Mar 2023
26081-bedAED 740K · Aug 2023
1–7 of 9

2603, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 2 November 2022 for AED 735,613, or AED 861 per sqft.
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 55,000 to AED 47,000 in 2020 and recovered to AED 72,000 by July 2022.
  • At AED 72,000 a year the gross yield on the 2022 price is 9.8%.
  • One-beds in Orchid Residence Science Park sold for AED 800,000–985,000 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 2 November 2022.

Questions about 2603, Orchid Residence Science Park

What did unit 2603 last sell for?

AED 735,613 on 2 November 2022, sold by the developer: AED 861 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 72,000 a year on the contract signed on 1 July 2022. The previous contract, from December 2020, was AED 47,000; the unit has been rented since November 2019.

How big is unit 2603?

854 sqft (79.3 sqm): a one-bedroom apartment on the 26th floor of a 28-storey tower completed in 2019.

What is unit 2603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orchid Residence Science Park sold for AED 800,000 to 985,000 in the last 12 months, around AED 1,143 per sqft.

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Mortgage on 2603, Orchid Residence Science Park

Starts from the last sale price (AED 736K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 735,613
Deposit, UAE resident (20%)
AED 147,123
Deposit, non-resident (40%)
AED 294,245
Monthly over 25 years at 3.7%
AED 3,010

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