701, Orchid Residence Science Park
Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Orchid Residence Science Park
What is 701 worth today?
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Source: Dubai Land Department. Updated 4 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,457 sqft
- Floor
- 7th of 28
- Parking
- B1-56
- Developer
- Ahmed Alansari Real Estate Development
- Completed
- 2019
- Last sold
- AED 1.23M · May 2023
- Building
- Orchid Residence Science Park
About 701, Orchid Residence Science Park
701 is a two-bedroom apartment of 1,457 sqft on the 7th 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 4 May 2023 for AED 1,231,440, or AED 844 per sqft, in line with the AED 855 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 68,000 a year: a gross yield of 5.5% on the 2023 price.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 100 2-beds →701 last sold in May 2023 at AED 844 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 855). 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. 701's AED 68,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,461 sqft | 1,700,000 | 1,163 | ||
| 18 Sep 202618 September 2026 | 1,457 sqft | 1,700,000 | 1,166 | ||
| 10 Sep 202610 September 2026 | 1,461 sqft | 1,550,000 | 1,061 | ||
| 17 Aug 202617 August 2026 | 1,457 sqft | 1,404,649 | 963 |
Orchid Residence Science Park
Building258 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%
Other units on the 7th floor
All 258 units in Orchid Residence Science Park| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 812 sqft | AED 678KAED 678,224 · May 2022May 2022 | 67,500 /yr | |
| 703 | 1-bed | 854 sqft | AED 870KAED 870,000 · Aug 2024August 2024 | 70,000 /yr | |
| 704 | 1-bed | 812 sqft | AED 739KAED 739,142 · Mar 2023March 2023 | 70,000 /yr | |
| 705 | 2-bed | 1,461 sqft | AED 1.23MAED 1,234,259 · May 2023May 2023 | 115,000 /yr | |
| 706 | 2-bed | 1,457 sqft | AED 1.22MAED 1,224,153 · Jul 2023July 2023 | 65,000 /yr | |
| 707 | 1-bed | 801 sqft | AED 660KAED 660,000 · Aug 2023August 2023 | 70,000 /yr | |
| 708 | 1-bed | 846 sqft | AED 720KAED 720,000 · Sep 2023September 2023 | 69,900 /yr | |
| 709 | 1-bed | 801 sqft | AED 673KAED 672,792 · May 2023May 2023 | 64,000 /yr | |
| 710 | 2-bed | 1,457 sqft | AED 1.23MAED 1,230,000 · Jan 2024January 2024 | 120,000 /yr |
701, Orchid Residence Science Park in numbers
- Sold once: by Ahmed Alansari Real Estate Development on 4 May 2023 for AED 1,231,440, or AED 844 per sqft.
- Rented since December 2019 on 3 Ejari contracts, at AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2023 price is 5.5%.
- 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 4 May 2023.
Questions about 701, Orchid Residence Science Park
What did unit 701 last sell for?
AED 1,231,440 on 4 May 2023, sold by the developer: AED 844 per sqft for 1,457 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 68,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 68,000; the unit has been rented since December 2019.
How big is unit 701?
1,457 sqft (135.4 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2019.
What is unit 701 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 701, Orchid Residence Science Park
Starts from the last sale price (AED 1.23M, 4 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,231,440
- Deposit, UAE resident (20%)
- AED 246,288
- Deposit, non-resident (40%)
- AED 492,576
- Monthly over 25 years at 3.7%
- AED 5,038
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →