Unit 403, Orchidea Residence: what it sold for and what it is worth now

Unit 403 at Orchidea Residence is a studio of 412 sq ft. It last sold for AED 505,000 on 15 Nov 2024. At AED 1,196 per sq ft, from 5 sales in the building in the last 24 months (studio), it is worth about AED 493,000 today.

Value todayAED 493,000AED 482,000 to AED 505,000
Last saleAED 505,00015 Nov 2024 · Resale
Change since last sale-2.4% 
Rent (median asking, studio)AED 42,000Gross yield 8.5%
Bedroomsstudio
Size412 sq ft
Floor4 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingOrchidea Residence by Green Oasis General Contracting Co. LLC, handed over 2018
Registered sales of this unit2

Every registered sale of unit 403

DatePriceSizeAED/sq ftType
15 Nov 2024AED 505,000412 sq ft1,226Resale
15 Aug 2023AED 445,000412 sq ft1,080Resale

Latest studio sales in Orchidea Residence

UnitDatePriceSizeAED/sq ftType
20921 May 2026AED 480,000410 sq ft1,171Resale
40822 Jul 2025AED 530,000411 sq ft1,290Resale
31013 Jun 2025AED 440,000368 sq ft1,196Resale
21019 May 2025AED 420,000368 sq ft1,141Resale
4028 Nov 2023AED 445,000367 sq ft1,213Resale
2093 Oct 2023AED 395,000410 sq ft963Resale
G123 Mar 2023AED 349,000454 sq ft769Resale
30421 Feb 2023AED 400,000411 sq ft973Resale

How we worked out the value

We took the 5 sales in Orchidea Residence in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,196). We multiplied it by the size of this unit (412 sq ft). The range uses the middle half of those sales (AED 1,171 to AED 1,226 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 403 at Orchidea Residence worth?

About AED 493,000 (range AED 482,000 to AED 505,000), based on AED 1,196 per sq ft from registered sales up to 16 Oct 2026.

When did unit 403 last sell?

15 Nov 2024, for AED 505,000 (resale). It has 2 registered sales.

What rent can unit 403 make?

A studio in Orchidea Residence rents for about AED 42,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Orchidea ResidenceAll sales in Orchidea Residence

Unit 402 · Unit 404