2-bed · 1,350 sqftOrra Marina, Dubai Marina · 2nd floor · completed 2012

202, Orra Marina

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 2M12 July 2023
Current rentAED 137K /yr21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Orra Marina

What is 202 worth today?

Last sold for AED 2,000,000 in 2023

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21 May 2024RentedRenewal
AED 136,615/yr13 months · AED 102 per sqft
12 Jul 2023SoldReady
AED 2,000,000AED 1,481 per sqft
21 Apr 2023RentedRenewal
AED 130,000/yr13 months · AED 97 per sqft
21 Apr 2022RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
1 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
15 Jun 2017Sold by developerReady
AED 1,630,245AED 1,207 per sqft
17 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
3 Apr 2016RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
2nd of 30
Parking
B1-129
Developer
GKT Holdings
Completed
2012
Service charge
AED 32,400 /yr
Last sold
AED 2M · July 2023
Building
Orra Marina

About 202, Orra Marina

202 is a two-bedroom apartment of 1,350 sqft on the 2nd floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 12 July 2023 for AED 2,000,000, or AED 1,481 per sqft, 4% below the AED 1,540 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 21 May 2024, is AED 136,615 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 32,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, June 2017: AED 1,630,245 (AED 1,207 per sqft)Sold, July 2023: AED 2,000,000 (AED 1,481 per sqft)

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

Rents
Unit 202, 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, April 2014: AED 120,000 a yearNew contract, April 2015: AED 132,000 a yearNew contract, April 2016: AED 135,000 a yearNew contract, April 2017: AED 120,000 a yearNew contract, February 2019: AED 105,000 a yearNew contract, April 2022: AED 105,000 a yearRenewal, April 2023: AED 130,000 a yearRenewal, May 2024: AED 136,615 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 202 sits

All 65 2-beds →

202 last sold in July 2023 at AED 1,481 per sqft, 4% below what two-beds in Orra Marina were fetching at the time (AED 1,540). 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. 202's AED 136,615 is in the lower half 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 2nd floor

All 189 units in Orra Marina
Value
2011-bedAED 650K · Oct 2017
2032-bedNo registered sale
2041-bedAED 650K · Oct 2017
2051-bedAED 650K · Oct 2017
2062-bedNo registered sale
2081-bedNo registered sale

202, Orra Marina in numbers

  • Sold twice: first on 15 June 2017 for AED 1,630,245, last on 12 July 2023 for AED 2,000,000 (AED 1,481 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2022 and recovered to AED 136,615 by May 2024.
  • At AED 136,615 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 32,400 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: Dubai Land Department. Updated 21 May 2024.

Questions about 202, Orra Marina

What did unit 202 last sell for?

AED 2,000,000 on 12 July 2023: AED 1,481 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,630,245 in June 2017.

What is the rent for unit 202?

AED 136,615 a year on the contract renewed on 21 May 2024. The previous contract, from April 2023, was AED 130,000; the unit has been rented since April 2014.

How big is unit 202?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 2nd floor of a 30-storey tower completed in 2012.

What is unit 202 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.

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Mortgage on 202, Orra Marina

Starts from the last sale price (AED 2M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →