2-bed · 1,350 sqftOrra Marina, Dubai Marina · 6th floor · completed 2012

602, Orra Marina

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 500K1 October 2013
Current rentAED 113K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Orra Marina

What is 602 worth today?

Last sold for AED 500,000 in 2013

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26 Sep 2024RentedRenewal
AED 112,901/yr12 months · AED 84 per sqft
26 Sep 2023RentedRenewal
AED 98,175/yr12 months · AED 73 per sqft
26 Sep 2022RentedRenewal
AED 93,500/yr12 months · AED 69 per sqft
26 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
16 Jul 2017RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
4 Jun 2016RentedNew contract
AED 138,760/yr12 months · AED 103 per sqft
4 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 126 per sqft
1 Oct 2013Sold by developerReady
AED 500,000AED 370 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
6th of 30
Parking
B1-150
Developer
GKT Holdings
Completed
2012
Service charge
AED 32,400 /yr
Last sold
AED 500K · October 2013
Building
Orra Marina

About 602, Orra Marina

602 is a two-bedroom apartment of 1,350 sqft on the 6th floor of Orra Marina, a 30-storey tower in Dubai Marina completed in 2012 by GKT Holdings. The developer sold it on 1 October 2013 for AED 500,000, or AED 370 per sqft, in line with the AED 379 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 26 September 2024, is AED 112,901 a year: a gross yield of 22.6% on the 2013 price, before the service charge of about AED 32,400 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, October 2013: AED 500,000 (AED 370 per sqft)

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

Rents
Unit 602, 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, June 2015: AED 170,000 a yearNew contract, June 2016: AED 138,760 a yearNew contract, July 2017: AED 130,000 a yearNew contract, September 2021: AED 85,000 a yearRenewal, September 2022: AED 93,500 a yearRenewal, September 2023: AED 98,175 a yearRenewal, September 2024: AED 112,901 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 602 sits

All 65 2-beds →

602 last sold in October 2013 at AED 370 per sqft, in line with what two-beds in Orra Marina were fetching at the time (AED 379). 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. 602's AED 112,901 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 6th floor

All 189 units in Orra Marina
Value
6011-bedAED 1.45M · Dec 2024
6032-bedAED 500K · Oct 2013
6041-bedAED 1.35M · Jan 2024
6051-bedAED 1.38M · Aug 2023
6062-bedAED 2.2M · Jul 2023
6072-bedAED 2.3M · Jun 2024
6081-bedAED 1.5M · Nov 2024

602, Orra Marina in numbers

  • Sold once: by GKT Holdings on 1 October 2013 for AED 500,000, or AED 370 per sqft.
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 85,000 in 2021 and recovered to AED 112,901 by September 2024.
  • At AED 112,901 a year the gross yield on the 2013 price is 22.6%, 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 26 September 2024.

Questions about 602, Orra Marina

What did unit 602 last sell for?

AED 500,000 on 1 October 2013, sold by the developer: AED 370 per sqft for 1,350 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 112,901 a year on the contract renewed on 26 September 2024. The previous contract, from September 2023, was AED 98,175; the unit has been rented since June 2015.

How big is unit 602?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 6th floor of a 30-storey tower completed in 2012.

What is unit 602 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 602, Orra Marina

Starts from the last sale price (AED 500K, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →