2-bed · 1,457 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 26th floor · completed 2019

2606, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 1.45M6 June 2024
Current rentAED 72K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, Orchid Residence Science Park

What is 2606 worth today?

Last sold for AED 1,450,000 in 2024

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6 Jun 2024Sold by developerReady
AED 1,450,000AED 994 per sqft
15 Jun 2023RentedRenewal
AED 72,000/yr13 months · AED 49 per sqft
15 Jun 2022RentedNew contract
AED 72,000/yr12 months · AED 49 per sqft
12 Jul 2020RentedNew contract
AED 70,000/yr13 months · AED 47 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
26th of 28
Parking
P2-24
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 1.45M · June 2024

About 2606, Orchid Residence Science Park

2606 is a two-bedroom apartment of 1,457 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 6 June 2024 for AED 1,450,000, or AED 994 per sqft, 16% above the AED 854 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 72,000 a year: a gross yield of 5.0% on the 2024 price.

Sales and rents for 2606 over time

Sales
Unit 2606, 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, June 2024: AED 1,450,000 (AED 994 per sqft)

2606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2606, 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 2020: AED 70,000 a yearNew contract, June 2022: AED 72,000 a yearRenewal, June 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 2606 sits

All 100 2-beds →

2606 last sold in June 2024 at AED 994 per sqft, 16% 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. 2606'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
26012-bedAED 1.27M · Jan 2024
26021-bedAED 674K · Oct 2022
26031-bedAED 736K · Nov 2022
26041-bedAED 694K · May 2022
26052-bedAED 1.3M · Feb 2024
26071-bedAED 693K · Mar 2023
26081-bedAED 740K · Aug 2023
1–7 of 9

2606, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 6 June 2024 for AED 1,450,000, or AED 994 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, from AED 70,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 5.0%.
  • 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 6 June 2024.

Questions about 2606, Orchid Residence Science Park

What did unit 2606 last sell for?

AED 1,450,000 on 6 June 2024, sold by the developer: AED 994 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit 2606?

AED 72,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 72,000; the unit has been rented since July 2020.

How big is unit 2606?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 26th floor of a 28-storey tower completed in 2019.

What is unit 2606 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 2606, Orchid Residence Science Park

Starts from the last sale price (AED 1.45M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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