Studio · 411 sqftOrchidea Residence, Jumeirah Village Circle (JVC) · 3rd floor

304, Orchidea Residence

Sold prices and rental history: sold twice, last in February 2023, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 400K21 February 2023
Current rentAED 38K /yr26 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Orchidea Residence

What is 304 worth today?

Last sold for AED 400,000 in 2023

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21 Feb 2023SoldReady
AED 400,000AED 973 per sqft
26 Aug 2018RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
2 Jul 2018Sold by developerReady
AED 435,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
3rd of 4
Parking
B-304
Service charge
AED 5,200 /yr
Last sold
AED 400K · February 2023

About 304, Orchidea Residence

304 is a studio of 411 sqft on the 3rd floor of Orchidea Residence, a 4-storey tower in Jumeirah Village Circle (JVC). It last sold on 21 February 2023 for AED 400,000, or AED 973 per sqft.

One Ejari contract is registered, from 26 August 2018. The current contract, signed on 26 August 2018, is AED 38,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Orchidea Residence
300K400K20182020202220242026Typical sale price by year: 2018 AED 432,500; 2023 AED 400,000; 2025 AED 271,277Sold by developer, July 2018: AED 435,000 (AED 1,058 per sqft)Sold, February 2023: AED 400,000 (AED 973 per sqft)

304 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 304, each contractTypical studio in Orchidea Residence
20K30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 31,500; 2020 AED 28,000; 2021 AED 23,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 37,425; 2025 AED 43,000; 2026 AED 40,000New contract, August 2018: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Orchidea Residence, and where 304 sits

All 17 studios →

Over the last 12 months studios sold for AED 480,000, around AED 1,171 per sqft, and rent for AED 37,000 to 63,000 a year. 304's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026480,000
22 Jul 2025530,000
13 Jun 2025440,000
19 May 2025420,000
1 studio sale in the last 12 months

Orchidea Residence

Building

84 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC). 9 sold in the last 12 months.

Typical price per sqft
AED 953
Typical sale
AED 760K
Typical rent
AED 56K /yr
Typical yield
7.5%
Orchidea Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 84 units in Orchidea Residence
Value
3012-bedAED 305K · May 2025
3022-bedAED 1.5M · May 2025
303StudioAED 400K · May 2018
3051-bedAED 785K · Oct 2024
3061-bedAED 775K · May 2018
3071-bedAED 490K · Aug 2023
3081-bedAED 760K · Oct 2026
1–7 of 18

304, Orchidea Residence in numbers

  • Sold twice: first on 2 July 2018 for AED 435,000, last on 21 February 2023 for AED 400,000 (AED 973 per sqft).
  • Rented since August 2018 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 9.5%, before a service charge of about AED 5,200 a year (AED 12.58 per sqft).
  • Studios in Orchidea Residence sold for AED 480,000–480,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 21 February 2023.

Questions about 304, Orchidea Residence

What did unit 304 last sell for?

AED 400,000 on 21 February 2023: AED 973 per sqft for 411 sqft. The unit has 2 registered sales; the first was AED 435,000 in July 2018.

What is the rent for unit 304?

AED 38,000 a year on the contract signed on 26 August 2018.

How big is unit 304?

411 sqft (38.2 sqm): a studio on the 3rd floor of a 4-storey tower.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Orchidea Residence sold for AED 480,000 to 480,000 in the last 12 months, around AED 1,171 per sqft.

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Mortgage on 304, Orchidea Residence

Starts from the last sale price (AED 400K, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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