Studio · 386 sqftOrra Harbour Tower 1, Dubai Marina · completed 2017

706, Orra Harbour Tower 1

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 730K25 September 2018
Current rentAED 80K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Orra Harbour Tower 1

What is 706 worth today?

Last sold for AED 730,000 in 2018

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10 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 206 per sqft
10 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 206 per sqft
28 Apr 2021RentedNew contract
AED 46,000/yr12 months · AED 119 per sqft
25 Sep 2018Sold by developerOff-plan
AED 730,000AED 1,893 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Parking
B2-158
Developer
Marina 3K
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 730K · September 2018

About 706, Orra Harbour Tower 1

706 is a studio of 386 sqft of Orra Harbour Tower 1, a 6-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 25 September 2018 for AED 730,000, or AED 1,893 per sqft, in line with the AED 1,917 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 80,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 6,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical studio in Orra Harbour Tower 1
800K1M20092013201720212025Typical sale price by year: 2009 AED 747,785; 2018 AED 730,000; 2019 AED 676,369; 2022 AED 995,000; 2024 AED 1,050,000Sold by developer, September 2018: AED 730,000 (AED 1,893 per sqft)

706 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 706, each contractTypical studio in Orra Harbour Tower 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 51,750; 2021 AED 51,000; 2022 AED 80,000; 2023 AED 81,500; 2024 AED 80,000; 2025 AED 82,000New contract, April 2021: AED 46,000 a yearNew contract, August 2023: AED 80,000 a yearRenewal, August 2024: AED 80,000 a year

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

Studios in Orra Harbour Tower 1, and where 706 sits

All 14 studios →

706 last sold in September 2018 at AED 1,893 per sqft, in line with what studios in Orra Harbour Tower 1 were fetching at the time (AED 1,917).

Recent studio salesUnit no.Price (AED)Summary
1 Jul 20251,060,000
29 Aug 20241,000,000
12 Aug 20241,100,000
28 Jun 20241,100,000
0 studio sales in the last 12 months

Orra Harbour Tower 1

Building

4 apartments, studios to 3-bed over 6 floors in Dubai Marina, completed in 2017 by Marina 3K. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 115K /yr
Typical yield
Orra Harbour Tower 1, Dubai Marina: prices, sales and rents →

706, Orra Harbour Tower 1 in numbers

  • Sold once: by Marina 3K on 25 September 2018 for AED 730,000, or AED 1,893 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 46,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 11.0%, before a service charge of about AED 6,200 a year (AED 16.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Questions about 706, Orra Harbour Tower 1

What did unit 706 last sell for?

AED 730,000 on 25 September 2018, sold by the developer: AED 1,893 per sqft for 386 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 80,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 80,000; the unit has been rented since April 2021.

How big is unit 706?

386 sqft (35.9 sqm): a studio of a 6-storey tower completed in 2017.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 706, Orra Harbour Tower 1

Starts from the last sale price (AED 730K, 25 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →