3-bed · 2,629 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 27th floor · completed 2019

2701, Orchid Residence Science Park

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

Unit 2701 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 2.6M5 June 2024
Current rentAED 100K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Orchid Residence Science Park

What is 2701 worth today?

Last sold for AED 2,600,000 in 2024

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5 Jun 2024Sold by developerReady
AED 2,600,000AED 988 per sqft
20 Apr 2023RentedRenewal
AED 100,000/yr12 months · AED 38 per sqft
20 Apr 2022RentedRenewal
AED 100,000/yr12 months · AED 38 per sqft
20 Apr 2021RentedRenewal
AED 100,000/yr12 months · AED 36 per sqft
20 Apr 2020RentedNew contract
AED 100,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
3-bed apartment
Size
2,629 sqft
Floor
27th of 28
Parking
P2-29 , P2-30
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 2.6M · June 2024

About 2701, Orchid Residence Science Park

2701 is a three-bedroom apartment of 2,629 sqft on the 27th 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 5 June 2024 for AED 2,600,000, or AED 988 per sqft, in line with the AED 984 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 April 2023, is AED 100,000 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 2701 over time

Rents
Unit 2701, each contractTypical three-bed in Orchid Residence Science Park
100K150K2020202220242026Typical rent by year: 2020 AED 100,000; 2021 AED 92,500; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 140,000; 2025 AED 155,000; 2026 AED 145,000New contract, April 2020: AED 100,000 a yearRenewal, April 2021: AED 100,000 a yearRenewal, April 2022: AED 100,000 a yearRenewal, April 2023: AED 100,000 a year

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

3-beds in Orchid Residence Science Park, and where 2701 sits

All 8 3-beds →

2701 last sold in June 2024 at AED 988 per sqft, in line with what three-beds in Orchid Residence Science Park were fetching at the time (AED 984). Over the last 12 months three-beds sold for AED 2,850,000, around AED 1,095 per sqft, and rent for AED 144,000 to 170,000 a year. 2701's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Feb 20262,850,000
28 Nov 20242,700,000
2 Sep 20242,700,000
19 Aug 20242,400,000
1 3-bed sale 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
27023-bedAED 2.85M · Feb 2026
27033-bedAED 2.7M · Nov 2024
27043-bedAED 2.5M · Oct 2023

2701, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 5 June 2024 for AED 2,600,000, or AED 988 per sqft.
  • Rented since April 2020 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.9%.
  • Three-beds in Orchid Residence Science Park sold for AED 2,850,000–2,850,000 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 June 2024.

Questions about 2701, Orchid Residence Science Park

What did unit 2701 last sell for?

AED 2,600,000 on 5 June 2024, sold by the developer: AED 988 per sqft for 2,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 2701?

AED 100,000 a year on the contract renewed on 20 April 2023. The previous contract, from April 2022, was AED 100,000; the unit has been rented since April 2020.

How big is unit 2701?

2,629 sqft (244.2 sqm): a three-bedroom apartment on the 27th floor of a 28-storey tower completed in 2019.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Orchid Residence Science Park sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 1,095 per sqft.

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Mortgage on 2701, Orchid Residence Science Park

Starts from the last sale price (AED 2.6M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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