1-bed · 812 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 7th floor · completed 2019

702, Orchid Residence Science Park

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 678K26 May 2022
Current rentAED 68K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Orchid Residence Science Park

What is 702 worth today?

Last sold for AED 678,224 in 2022

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1 Sep 2024RentedNew contract
AED 67,500/yr12 months · AED 84 per sqft
26 May 2022Sold by developerReady
AED 678,224AED 834 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
7th of 28
Parking
B1-61
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 678K · May 2022

About 702, Orchid Residence Science Park

702 is a one-bedroom apartment of 812 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 26 May 2022 for AED 678,224, or AED 834 per sqft, in line with the AED 834 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 67,500 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for 702 over time

Sales
Unit 702, 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 2022: AED 678,224 (AED 834 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Orchid Residence Science Park
50K60K70K20192021202320252027Typical 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, September 2024: AED 67,500 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 702 sits

All 150 1-beds →

702 last sold in May 2022 at AED 834 per sqft, in line with what one-beds in Orchid Residence Science Park were fetching at the time (AED 834). 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. 702's AED 67,500 is in the lower half 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
7012-bedAED 1.23M · May 2023
7031-bedAED 870K · Aug 2024
7041-bedAED 739K · Mar 2023
7052-bedAED 1.23M · May 2023
7062-bedAED 1.22M · Jul 2023
7071-bedAED 660K · Aug 2023
7081-bedAED 720K · Sep 2023
1–7 of 9

702, Orchid Residence Science Park in numbers

  • Sold once: by Ahmed Alansari Real Estate Development on 26 May 2022 for AED 678,224, or AED 834 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2022 price is 10.0%.
  • 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 September 2024.

Questions about 702, Orchid Residence Science Park

What did unit 702 last sell for?

AED 678,224 on 26 May 2022, sold by the developer: AED 834 per sqft for 812 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 67,500 a year on the contract signed on 1 September 2024.

How big is unit 702?

812 sqft (75.4 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2019.

What is unit 702 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 702, Orchid Residence Science Park

Starts from the last sale price (AED 678K, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 678,224
Deposit, UAE resident (20%)
AED 135,645
Deposit, non-resident (40%)
AED 271,290
Monthly over 25 years at 3.7%
AED 2,775

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