3-bed · 2,119 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 28th floor · completed 2019

2803, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 2.25M8 February 2024
Current rentAED 90K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Orchid Residence Science Park

What is 2803 worth today?

Last sold for AED 2,250,000 in 2024

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8 Feb 2024Sold by developerReady
AED 2,250,000AED 1,061 per sqft
1 Aug 2022RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
1 Jul 2021RentedNew contract
AED 90,000/yr13 months · AED 40 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
3-bed apartment
Size
2,119 sqft
Floor
28th of 28
Parking
P2-42 , P2-43
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 2.25M · February 2024

About 2803, Orchid Residence Science Park

2803 is a three-bedroom apartment of 2,119 sqft on the 28th 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 8 February 2024 for AED 2,250,000, or AED 1,061 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 90,000 a year: a gross yield of 4.0% on the 2024 price.

Sales and rents for 2803 over time

Rents
Unit 2803, 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, July 2021: AED 90,000 a yearRenewal, August 2022: AED 90,000 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 2803 sits

All 8 3-beds →

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. 2803's AED 90,000 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
28013-bedAED 2.7M · Sep 2024
28023-bedAED 2.45M · May 2024
28043-bedAED 2.4M · Aug 2024

2803, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 8 February 2024 for AED 2,250,000, or AED 1,061 per sqft.
  • Rented since July 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 4.0%.
  • 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 8 February 2024.

Questions about 2803, Orchid Residence Science Park

What did unit 2803 last sell for?

AED 2,250,000 on 8 February 2024, sold by the developer: AED 1,061 per sqft for 2,119 sqft. It is the only registered sale of the unit.

What is the rent for unit 2803?

AED 90,000 a year on the contract renewed on 1 August 2022. The previous contract, from July 2021, was AED 90,000.

How big is unit 2803?

2,119 sqft (196.9 sqm): a three-bedroom apartment on the 28th floor of a 28-storey tower completed in 2019.

What is unit 2803 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 2803, Orchid Residence Science Park

Starts from the last sale price (AED 2.25M, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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