1-bed · 854 sqftOrchid Residence Science Park, Dubai Science Park (Dubiotech) · 7th floor · completed 2019

703, Orchid Residence Science Park

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 870K12 August 2024
Current rentAED 70K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Orchid Residence Science Park

What is 703 worth today?

Last sold for AED 870,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
12 Aug 2024SoldReady
AED 870,000AED 1,019 per sqft
1 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
22 May 2023Sold by developerReady
AED 776,756AED 909 per sqft
16 Dec 2020RentedRenewal
AED 48,000/yr12 months · AED 53 per sqft
16 Nov 2019RentedNew contract
AED 48,000/yr13 months · AED 53 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
7th of 28
Parking
B1-62
Developer
Ahmed Alansari Real Estate Development
Completed
2019
Last sold
AED 870K · August 2024

About 703, Orchid Residence Science Park

703 is a one-bedroom apartment of 854 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 . It last sold on 12 August 2024 for AED 870,000, or AED 1,019 per sqft, 17% above the AED 874 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 70,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 703 over time

Sales
Unit 703, 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 776,756 (AED 909 per sqft)Sold, August 2024: AED 870,000 (AED 1,019 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Orchid Residence Science Park
60K20192021202320252027Typical 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, November 2019: AED 48,000 a yearRenewal, December 2020: AED 48,000 a yearNew contract, June 2023: AED 65,000 a yearNew contract, September 2024: AED 70,000 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 703 sits

All 150 1-beds →

703 last sold in August 2024 at AED 1,019 per sqft, 17% above what one-beds in Orchid Residence Science Park were fetching at the time (AED 874). 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. 703's AED 70,000 is in the upper 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
7021-bedAED 678K · May 2022
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

703, Orchid Residence Science Park in numbers

  • Sold twice: first on 22 May 2023 for AED 776,756, last on 12 August 2024 for AED 870,000 (AED 1,019 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 48,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.1%.
  • 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 15 September 2024.

Questions about 703, Orchid Residence Science Park

What did unit 703 last sell for?

AED 870,000 on 12 August 2024: AED 1,019 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 776,756 in May 2023.

What is the rent for unit 703?

AED 70,000 a year on the contract signed on 15 September 2024. The previous contract, from June 2023, was AED 65,000; the unit has been rented since November 2019.

How big is unit 703?

854 sqft (79.3 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2019.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Orchid Residence Science Park

Starts from the last sale price (AED 870K, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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