706, Orchid Residence Science Park
Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Orchid Residence Science Park
What is 706 worth today?
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Source: Dubai Land Department. Updated 24 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,457 sqft
- Floor
- 7th of 28
- Parking
- B1-65
- Developer
- Ahmed Alansari Real Estate Development
- Completed
- 2019
- Last sold
- AED 1.22M · July 2023
- Building
- Orchid Residence Science Park
About 706, Orchid Residence Science Park
706 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 24 July 2023 for AED 1,224,153, or AED 839 per sqft, in line with the AED 851 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 65,000 a year: a gross yield of 5.3% on the 2023 price.
Sales and rents for 706 over time
706 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 706 sits
All 100 2-beds →706 last sold in July 2023 at AED 839 per sqft, in line with what two-beds in Orchid Residence Science Park were fetching at the time (AED 851). 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. 706's AED 65,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,457 sqft | AED 1.23MAED 1,231,440 · May 2023May 2023 | 68,000 /yr | |
| 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 | |
| 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 |
706, Orchid Residence Science Park in numbers
- Sold once: by Ahmed Alansari Real Estate Development on 24 July 2023 for AED 1,224,153, or AED 839 per sqft.
- Rented since July 2020 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 5.3%.
- 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 24 July 2023.
Questions about 706, Orchid Residence Science Park
What did unit 706 last sell for?
AED 1,224,153 on 24 July 2023, sold by the developer: AED 839 per sqft for 1,457 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 65,000 a year on the contract renewed on 1 August 2021. The previous contract, from July 2020, was AED 65,000; the unit has been rented since July 2020.
How big is unit 706?
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 706 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 706, Orchid Residence Science Park
Starts from the last sale price (AED 1.22M, 24 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,224,153
- Deposit, UAE resident (20%)
- AED 244,831
- Deposit, non-resident (40%)
- AED 489,661
- Monthly over 25 years at 3.7%
- AED 5,008
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →