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1-bed · 953 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

1704, Orra Harbour Tower 2

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 542K5 May 2014
Current rentAED 120K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Orra Harbour Tower 2

What is 1704 worth today?

Last sold for AED 542,168 in 2014

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8 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 126 per sqft
1 Jul 2023RentedNew contract
AED 127,500/yr12 months · AED 134 per sqft
5 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
1 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
1 Jan 2020RentedNew contract
AED 92,500/yr24 months · AED 97 per sqft
5 May 2014Sold by developerOff-plan
AED 542,168AED 569 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2024.

Key facts

Type
1-bed hotel apartment
Size
953 sqft
Parking
B1-090
Developer
Marina 3K
Completed
2017
Last sold
AED 542K · May 2014
Building
Orra Harbour Tower 2

About 1704, Orra Harbour Tower 2

1704 is a one-bedroom hotel apartment of 953 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. The developer sold it on 5 May 2014 for AED 542,168, or AED 569 per sqft, 20% below the AED 711 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 8 July 2024, is AED 120,000 a year: a gross yield of 22.1% on the 2014 price.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Orra Harbour Tower 2
1M2M2012201620202024Typical sale price by year: 2012 AED 635,244; 2013 AED 670,776; 2014 AED 577,104; 2017 AED 973,668; 2018 AED 857,433; 2019 AED 1,109,391; 2021 AED 800,000; 2022 AED 1,660,000; 2023 AED 1,697,500; 2024 AED 1,795,050Sold by developer, May 2014: AED 542,168 (AED 569 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Orra Harbour Tower 2
75K100K125K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 86,667; 2021 AED 87,500; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 127,500; 2025 AED 130,000; 2026 AED 130,000New contract, January 2020: AED 92,500 a yearNew contract, September 2020: AED 80,000 a yearNew contract, August 2022: AED 110,000 a yearNew contract, July 2023: AED 127,500 a yearNew contract, July 2024: AED 120,000 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 Orra Harbour Tower 2, and where 1704 sits

All 59 1-beds →

1704 last sold in May 2014 at AED 569 per sqft, 20% below what one-beds in Orra Harbour Tower 2 were fetching at the time (AED 711). Over the last 12 months one-beds sold for AED 1,825,000, around AED 2,251 per sqft, and rent for AED 120,000 to 160,000 a year. 1704's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20261,825,000
13 May 20251,880,000
16 Dec 20241,400,000
24 Jun 20241,910,000
1 1-bed sale in the last 12 months

Orra Harbour Tower 2

Building

4 apartments, studios to 5-bed over 12 floors in Dubai Marina, completed in 2017 by Marina 3K. 2 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 2.39M
Typical rent
AED 130K /yr
Typical yield
7.5%
Orra Harbour Tower 2, Dubai Marina: prices, sales and rents →

1704, Orra Harbour Tower 2 in numbers

  • Sold once: by Marina 3K on 5 May 2014 for AED 542,168, or AED 569 per sqft.
  • Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 92,500 to AED 80,000 in 2020 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2014 price is 22.1%.
  • One-beds in Orra Harbour Tower 2 sold for AED 1,825,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2024.

Questions about 1704, Orra Harbour Tower 2

What did unit 1704 last sell for?

AED 542,168 on 5 May 2014, sold by the developer: AED 569 per sqft for 953 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 120,000 a year on the contract signed on 8 July 2024. The previous contract, from July 2023, was AED 127,500; the unit has been rented since January 2020.

How big is unit 1704?

953 sqft (88.5 sqm): a one-bedroom hotel apartment of a 12-storey tower completed in 2017.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orra Harbour Tower 2 sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 2,251 per sqft.

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Mortgage on 1704, Orra Harbour Tower 2

Starts from the last sale price (AED 542K, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 542,168
Deposit, UAE resident (20%)
AED 108,434
Deposit, non-resident (40%)
AED 216,867
Monthly over 25 years at 3.7%
AED 2,218

Plus AED 27,781 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →