1-bed · 801 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 4th floor · completed 2019

407, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 669K9 May 2023
Current rentAED 55K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Orchid Residence Science Park

What is 407 worth today?

Last sold for AED 668,787 in 2023

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1 Jun 2023RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
9 May 2023Sold by developerReady
AED 668,787AED 834 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
4th of 28
Parking
B1-32
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 669K · May 2023

About 407, Orchid Residence Science Park

407 is a one-bedroom apartment of 801 sqft on the 4th 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 9 May 2023 for AED 668,787, or AED 834 per sqft, in line with the AED 854 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 55,000 a year: a gross yield of 8.2% on the 2023 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, May 2023: AED 668,787 (AED 834 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Orchid Residence Science Park
50K60K20192021202320252027Typical 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, June 2023: AED 55,000 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 407 sits

All 150 1-beds →

407 last sold in May 2023 at AED 834 per sqft, in line with what one-beds in Orchid Residence Science Park were fetching at the time (AED 854). 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. 407's AED 55,000 is at the bottom 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
4012-bedAED 1.22M · Aug 2023
4021-bedAED 682K · Feb 2023
4031-bedAED 920K · Oct 2024
4041-bedAED 750K · Feb 2023
4052-bedAED 1.25M · Feb 2024
4062-bedAED 1.4M · Apr 2024
4081-bedAED 720K · Oct 2023
1–7 of 9

407, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 9 May 2023 for AED 668,787, or AED 834 per sqft.
  • Rented since June 2023 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 8.2%.
  • 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 1 June 2023.

Questions about 407, Orchid Residence Science Park

What did unit 407 last sell for?

AED 668,787 on 9 May 2023, sold by the developer: AED 834 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 55,000 a year on the contract signed on 1 June 2023.

How big is unit 407?

801 sqft (74.4 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2019.

What is unit 407 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 407, Orchid Residence Science Park

Starts from the last sale price (AED 669K, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 668,787
Deposit, UAE resident (20%)
AED 133,757
Deposit, non-resident (40%)
AED 267,515
Monthly over 25 years at 3.7%
AED 2,736

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