Studio · 466 sqftBotanica Tower, Dubai Marina · 12th floor · completed 2016

1205, Botanica Tower

Sold prices and rental history: sold 4 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 700K17 March 2019
Current rentAED 60K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Botanica Tower

What is 1205 worth today?

Last sold for AED 700,000 in 2019

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10 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 129 per sqft
10 Aug 2022RentedRenewal
AED 60,000/yr12 months · AED 129 per sqft
10 Feb 2022RentedRenewal
AED 60,000/yr6 months · AED 129 per sqft
10 Feb 2021RentedRenewal
AED 50,000/yr12 months · AED 107 per sqft
10 Feb 2020RentedNew contract
AED 58,000/yr12 months · AED 125 per sqft
17 Mar 2019SoldReady
AED 700,000AED 1,502 per sqft
10 Feb 2019RentedNew contract
AED 63,000/yr12 months · AED 136 per sqft
10 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
12th of 40
Parking
B2-03
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,200 /yr
Last sold
AED 700K · March 2019

About 1205, Botanica Tower

1205 is a studio of 466 sqft on the 12th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 17 March 2019 for AED 700,000, or AED 1,502 per sqft, in line with the AED 1,502 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 60,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 5,200 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical studio in Botanica Tower
750K1M2009201420192024Typical sale price by year: 2009 AED 1,084,467; 2011 AED 787,414; 2012 AED 672,975; 2013 AED 742,018; 2014 AED 1,020,000; 2015 AED 980,000; 2016 AED 980,000; 2017 AED 1,060,000; 2019 AED 700,000; 2021 AED 646,500; 2022 AED 750,000; 2024 AED 1,025,000; 2025 AED 1,120,000; 2026 AED 1,000,000Sold by developer, April 2009: AED 1,096,174 (AED 2,353 per sqft)Sold, January 2012: AED 1,096,174 (AED 2,353 per sqft)Sold, February 2013: AED 1,096,174 (AED 2,353 per sqft)Sold, March 2019: AED 700,000 (AED 1,502 per sqft)

1205 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1205, each contractTypical studio in Botanica Tower
40K60K80K2013201720212025Typical rent by year: 2013 AED 60,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 54,250; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 54,500; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 76,000; 2026 AED 65,000New contract, March 2013: AED 60,000 a yearNew contract, March 2014: AED 60,000 a yearNew contract, January 2015: AED 75,000 a yearNew contract, February 2016: AED 70,000 a yearRenewal, February 2017: AED 70,000 a yearNew contract, February 2018: AED 65,000 a yearNew contract, February 2019: AED 63,000 a yearNew contract, February 2020: AED 58,000 a yearRenewal, February 2021: AED 50,000 a yearRenewal, February 2022: AED 60,000 a yearRenewal, August 2022: AED 60,000 a yearRenewal, August 2023: AED 60,000 a year

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

Studios in Botanica Tower, and where 1205 sits

All 62 studios →

1205 last sold in March 2019 at AED 1,502 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 1,502). Over the last 12 months studios sold for AED 920,000 to 1,170,000, around AED 2,276 per sqft, and rent for AED 55,000 to 86,000 a year. 1205's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jul 202638,148
29 Jul 202618,291
28 Jul 202625,023
17 Jul 2026920,000
10 studio sales in the last 12 months

Botanica Tower

Building

365 apartments, studios to 5-bed over 40 floors in Dubai Marina, completed in 2016 by Myra Real Estate Deveiopment . 40 sold in the last 12 months.

Typical price per sqft
AED 1,940 Down 0.9%
Typical sale
AED 1.51M
Typical rent
AED 88K /yr
Typical yield
5.7%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 365 units in Botanica Tower
Value
12011-bedAED 1.6M · Mar 2025
12021-bedAED 840K · Oct 2012
12032-bedAED 2.75M · Feb 2016
12041-bedAED 1.03M · Oct 2012
1206StudioAED 1.1M · May 2011
12071-bedAED 1.52M · Mar 2014
12082-bedAED 1.75M · Oct 2012
1–7 of 10

1205, Botanica Tower in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,096,174, last on 17 March 2019 for AED 700,000 (AED 1,502 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 60,000 by August 2023.
  • At AED 60,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 5,200 a year (AED 11.19 per sqft).
  • Studios in Botanica Tower sold for AED 920,000–1,170,000 in the 12 months to November 2026; the building's median across all types is AED 1,940 per sqft.

Source: Dubai Land Department. Updated 10 August 2023.

Questions about 1205, Botanica Tower

What did unit 1205 last sell for?

AED 700,000 on 17 March 2019: AED 1,502 per sqft for 466 sqft. The unit has 4 registered sales; the first was AED 1,096,174 in April 2009.

What is the rent for unit 1205?

AED 60,000 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 60,000; the unit has been rented since March 2013.

How big is unit 1205?

466 sqft (43.3 sqm): a studio on the 12th floor of a 40-storey tower completed in 2016.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Botanica Tower sold for AED 920,000 to 1,170,000 in the last 12 months, around AED 2,276 per sqft.

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Mortgage on 1205, Botanica Tower

Starts from the last sale price (AED 700K, 17 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →