3-bed · 2,173 sqftOrra Marina, Dubai Marina · 28th floor · completed 2012

2803, Orra Marina

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 3.5M14 October 2024
Current rentAED 146K /yr18 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Orra Marina

What is 2803 worth today?

Last sold for AED 3,500,000 in 2024

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14 Oct 2024SoldReady
AED 3,500,000AED 1,610 per sqft
18 Mar 2024RentedRenewal
AED 145,530/yr12 months · AED 67 per sqft
18 Mar 2023RentedRenewal
AED 143,000/yr12 months · AED 66 per sqft
18 Mar 2022RentedNew contract
AED 132,000/yr12 months · AED 61 per sqft
18 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
18 Mar 2020RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
4 Mar 2019RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
4 Mar 2017RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
3-bed apartment
Size
2,173 sqft
Floor
28th of 30
Parking
B1-170, B1-171
Developer
GKT Holdings
Completed
2012
Service charge
AED 52,200 /yr
Last sold
AED 3.5M · October 2024
Building
Orra Marina

About 2803, Orra Marina

2803 is a three-bedroom apartment of 2,173 sqft on the 28th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. It last sold on 14 October 2024 for AED 3,500,000, or AED 1,610 per sqft, in line with the AED 1,614 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 March 2024, is AED 145,530 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 52,200 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, each saleTypical three-bed in Orra Marina
2M4M2012201620202024Typical sale price by year: 2012 AED 3,131,657; 2013 AED 700,000; 2024 AED 3,500,000Sold by developer, October 2013: AED 700,000 (AED 322 per sqft)Sold, October 2024: AED 3,500,000 (AED 1,610 per sqft)

2803 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2803, each contractTypical three-bed in Orra Marina
100K200K2012201620202024Typical rent by year: 2012 AED 157,500; 2013 AED 168,000; 2014 AED 190,000; 2015 AED 200,339; 2016 AED 190,000; 2017 AED 190,000; 2018 AED 175,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 127,500; 2022 AED 136,000; 2023 AED 148,000; 2024 AED 176,000; 2025 AED 179,000; 2026 AED 248,250New contract, October 2013: AED 183,750 a yearNew contract, October 2014: AED 192,937 a yearNew contract, April 2015: AED 230,000 a yearNew contract, June 2016: AED 205,000 a yearNew contract, March 2017: AED 190,000 a yearRenewal, March 2019: AED 170,000 a yearNew contract, March 2020: AED 140,000 a yearRenewal, March 2021: AED 120,000 a yearNew contract, March 2022: AED 132,000 a yearRenewal, March 2023: AED 143,000 a yearRenewal, March 2024: AED 145,530 a year

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

3-beds in Orra Marina, and where 2803 sits

All 33 3-beds →

2803 last sold in October 2024 at AED 1,610 per sqft, in line with what three-beds in Orra Marina were fetching at the time (AED 1,614). Over the last 12 months three-beds sold for AED 3,500,000 to 4,150,000, around AED 1,716 per sqft, and rent for AED 199,500 to 325,000 a year. 2803's AED 145,530 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20264,150,000
30 Jan 20263,500,000
4 Jun 20253,400,000
12 May 20253,650,000
2 3-bed sales 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 28th floor

All 189 units in Orra Marina
Value
28013-bedAED 700K · Oct 2013
28023-bedAED 3.5M · Jan 2026
28043-bedAED 3.45M · Oct 2023

2803, Orra Marina in numbers

  • Sold twice: first on 2 October 2013 for AED 700,000, last on 14 October 2024 for AED 3,500,000 (AED 1,610 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 183,750 to AED 120,000 in 2021 and recovered to AED 145,530 by March 2024.
  • At AED 145,530 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 52,200 a year (AED 24.00 per sqft).
  • Three-beds in Orra Marina sold for AED 3,500,000–4,150,000 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 14 October 2024.

Questions about 2803, Orra Marina

What did unit 2803 last sell for?

AED 3,500,000 on 14 October 2024: AED 1,610 per sqft for 2,173 sqft. The unit has 2 registered sales; the first was AED 700,000 in October 2013.

What is the rent for unit 2803?

AED 145,530 a year on the contract renewed on 18 March 2024. The previous contract, from March 2023, was AED 143,000; the unit has been rented since October 2013.

How big is unit 2803?

2,173 sqft (201.9 sqm): a three-bedroom apartment on the 28th floor of a 30-storey tower completed in 2012.

What is unit 2803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Orra Marina sold for AED 3,500,000 to 4,150,000 in the last 12 months, around AED 1,716 per sqft.

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Mortgage on 2803, Orra Marina

Starts from the last sale price (AED 3.5M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →