2-bed · 1,326 sqftOrra Marina, Dubai Marina · 16th floor · completed 2012

1603, Orra Marina

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 26 June 2021
Last soldAED 2.55M31 January 2018
Current rentAED 84K /yr26 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Orra Marina

What is 1603 worth today?

Last sold for AED 2,551,741 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jun 2021RentedNew contract
AED 84,369/yr13 months · AED 64 per sqft
1 Feb 2018RentedNew contract
AED 170,000/yr6 months · AED 128 per sqft
31 Jan 2018SoldReady
AED 2,551,741AED 1,924 per sqft
8 Nov 2017Sold by developerReady
AED 1,000,000AED 754 per sqft
16 Oct 2017RentedRenewal
AED 169,704/yr9 months · AED 128 per sqft
16 Jan 2017RentedNew contract
AED 170,000/yr9 months · AED 128 per sqft
16 Mar 2016RentedNew contract
AED 170,000/yr12 months · AED 128 per sqft
2 Jul 2015RentedNew contract
AED 160,000/yr9 months · AED 121 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2021.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
16th of 30
Parking
B2-30
Developer
GKT Holdings
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 2.55M · January 2018
Building
Orra Marina

About 1603, Orra Marina

1603 is a two-bedroom apartment of 1,326 sqft on the 16th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 31 January 2018 for AED 2,551,741, or AED 1,924 per sqft, 59% above the AED 1,207 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 26 June 2021, is AED 84,369 a year: a gross yield of 3.3% on the 2018 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Orra Marina
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,100,000; 2012 AED 1,909,678; 2013 AED 500,000; 2014 AED 2,650,000; 2016 AED 1,985,000; 2017 AED 1,274,373; 2018 AED 2,551,742; 2022 AED 1,770,000; 2023 AED 2,200,000; 2024 AED 2,275,000; 2025 AED 2,050,000Sold by developer, November 2017: AED 1,000,000 (AED 754 per sqft)Sold, January 2018: AED 2,551,741 (AED 1,924 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Orra Marina
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 140,000; 2014 AED 152,500; 2015 AED 152,500; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 95,023; 2021 AED 90,000; 2022 AED 105,000; 2023 AED 118,000; 2024 AED 123,900; 2025 AED 135,000; 2026 AED 165,000New contract, November 2012: AED 100,178 a yearNew contract, March 2013: AED 120,000 a yearNew contract, March 2014: AED 132,000 a yearNew contract, July 2015: AED 160,000 a yearNew contract, March 2016: AED 170,000 a yearNew contract, January 2017: AED 170,000 a yearRenewal, October 2017: AED 169,704 a yearNew contract, February 2018: AED 170,000 a yearNew contract, June 2021: AED 84,369 a year

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

2-beds in Orra Marina, and where 1603 sits

All 65 2-beds →

1603 last sold in January 2018 at AED 1,924 per sqft, 59% above what two-beds in Orra Marina were fetching at the time (AED 1,207). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,518 per sqft, and rent for AED 123,900 to 500,000 a year. 1603's AED 84,369 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,050,000
30 Jul 20252,360,000
9 Jul 20252,500,000
2 Jul 20252,050,000
1 2-bed sale in the last 12 months

Orra Marina

Building

189 apartments, studios to 6-bed over 30 floors in Dubai Marina, completed in 2012 by GKT Holdings. 6 sold in the last 12 months.

Typical price per sqft
AED 1,567
Typical sale
AED 1.89M
Typical rent
AED 150K /yr
Typical yield
7.0%
Orra Marina, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 189 units in Orra Marina
Value
16011-bedAED 1.08M · Feb 2021
16022-bedAED 2.6M · Jan 2018
16041-bedAED 1.5M · Oct 2023
1605AED 1.72M · Nov 2025
16062-bedAED 2.36M · Jul 2025
16072-bedAED 1.93M · Oct 2012
1608AED 1.74M · Oct 2025

1603, Orra Marina in numbers

  • Sold twice: first on 8 November 2017 for AED 1,000,000, last on 31 January 2018 for AED 2,551,741 (AED 1,924 per sqft).
  • Rented since November 2012 on 9 Ejari contracts, from AED 100,178 to AED 84,369 a year.
  • At AED 84,369 a year the gross yield on the 2018 price is 3.3%, before a service charge of about AED 31,800 a year (AED 24.00 per sqft).
  • Two-beds in Orra Marina sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,567 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2021.

Questions about 1603, Orra Marina

What did unit 1603 last sell for?

AED 2,551,741 on 31 January 2018: AED 1,924 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in November 2017.

What is the rent for unit 1603?

AED 84,369 a year on the contract signed on 26 June 2021. The previous contract, from February 2018, was AED 170,000; the unit has been rented since November 2012.

How big is unit 1603?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2012.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orra Marina sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,518 per sqft.

Selling 1603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1603, Orra Marina

Starts from the last sale price (AED 2.55M, 31 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,551,741
Deposit, UAE resident (20%)
AED 510,348
Deposit, non-resident (40%)
AED 1,020,696
Monthly over 25 years at 3.7%
AED 10,440

Plus AED 112,183 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →