Studio · 565 sqftOrra Harbour Tower 2, Dubai Marina · completed 2017

208, Orra Harbour Tower 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 950K18 May 2023
Current rentAED 76K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Orra Harbour Tower 2

What is 208 worth today?

Last sold for AED 950,000 in 2023

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19 Aug 2024RentedRenewal
AED 76,000/yr12 months · AED 135 per sqft
19 Aug 2023RentedNew contract
AED 76,000/yr12 months · AED 135 per sqft
18 May 2023SoldReady
AED 950,000AED 1,682 per sqft
6 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 80 per sqft
4 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 89 per sqft
9 May 2018Sold by developerOff-plan
AED 854,827AED 1,513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2024.

Key facts

Type
Studio hotel apartment
Size
565 sqft
Parking
B2-148
Developer
Marina 3K
Completed
2017
Last sold
AED 950K · May 2023

About 208, Orra Harbour Tower 2

208 is a studio of 565 sqft of Orra Harbour Tower 2, a 12-storey tower in Dubai Marina completed in 2017 by Marina 3K. It last sold on 18 May 2023 for AED 950,000, or AED 1,682 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 19 August 2024, is AED 76,000 a year: a gross yield of 8.0% on the 2023 price.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Orra Harbour Tower 2
500K750K1M2013201620192022Typical sale price by year: 2013 AED 469,908; 2014 AED 430,749; 2018 AED 708,034; 2023 AED 950,000Sold by developer, May 2018: AED 854,827 (AED 1,513 per sqft)Sold, May 2023: AED 950,000 (AED 1,682 per sqft)

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

Rents
Unit 208, each contractTypical studio in Orra Harbour Tower 2
40K60K80K202020222024Typical rent by year: 2020 AED 75,000; 2021 AED 57,500; 2022 AED 67,500; 2023 AED 78,500; 2024 AED 78,500New contract, March 2020: AED 50,000 a yearNew contract, March 2021: AED 45,000 a yearNew contract, August 2023: AED 76,000 a yearRenewal, August 2024: AED 76,000 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 2, and where 208 sits

All 15 studios →
Recent studio salesUnit no.Price (AED)Summary
1 Nov 2023890,000
16 Aug 20231,044,000
1 May 20191,000,267
19 Feb 2019400,000
0 studio sales 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 →

208, Orra Harbour Tower 2 in numbers

  • Sold twice: first on 9 May 2018 for AED 854,827, last on 18 May 2023 for AED 950,000 (AED 1,682 per sqft).
  • Rented since March 2020 on 4 Ejari contracts, from AED 50,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2023 price is 8.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2024.

Questions about 208, Orra Harbour Tower 2

What did unit 208 last sell for?

AED 950,000 on 18 May 2023: AED 1,682 per sqft for 565 sqft. The unit has 2 registered sales; the first was AED 854,827 in May 2018.

What is the rent for unit 208?

AED 76,000 a year on the contract renewed on 19 August 2024. The previous contract, from August 2023, was AED 76,000; the unit has been rented since March 2020.

How big is unit 208?

565 sqft (52.5 sqm): a studio of a 12-storey tower completed in 2017.

What is unit 208 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 208, Orra Harbour Tower 2

Starts from the last sale price (AED 950K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →