Studio · 472 sqftBotanica Tower, Dubai Marina · 12th floor · completed 2016

1206, Botanica Tower

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 1.1M12 May 2011
Current rentAED 40K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Botanica Tower

What is 1206 worth today?

Last sold for AED 1,096,174 in 2011

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1 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 84 per sqft
1 Nov 2019RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
20 Dec 2017RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
5 Jan 2015RentedNew contract
AED 78,218/yr12 months · AED 165 per sqft
12 May 2011Sold by developerOff-plan
AED 1,096,174AED 2,324 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
12th of 40
Parking
B2-04
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 1.1M · May 2011

About 1206, Botanica Tower

1206 is a studio of 472 sqft on the 12th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . The developer sold it on 12 May 2011 for AED 1,096,174, or AED 2,324 per sqft, 38% above the AED 1,690 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 40,000 a year: a gross yield of 3.6% on the 2011 price, before the service charge of about AED 5,300 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, May 2011: AED 1,096,174 (AED 2,324 per sqft)

1206 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1206, 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, January 2015: AED 78,218 a yearNew contract, December 2017: AED 65,000 a yearNew contract, November 2019: AED 42,000 a yearRenewal, November 2020: AED 40,000 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 1206 sits

All 62 studios →

1206 last sold in May 2011 at AED 2,324 per sqft, 38% above what studios in Botanica Tower were fetching at the time (AED 1,690). 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. 1206's AED 40,000 is at the bottom 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
1205StudioAED 700K · Mar 2019
12071-bedAED 1.52M · Mar 2014
12082-bedAED 1.75M · Oct 2012
1–7 of 10

1206, Botanica Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 12 May 2011 for AED 1,096,174, or AED 2,324 per sqft.
  • Rented since January 2015 on 4 Ejari contracts, from AED 78,218 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2011 price is 3.6%, before a service charge of about AED 5,300 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 1 November 2020.

Questions about 1206, Botanica Tower

What did unit 1206 last sell for?

AED 1,096,174 on 12 May 2011, sold by the developer: AED 2,324 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 40,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 42,000; the unit has been rented since January 2015.

How big is unit 1206?

472 sqft (43.9 sqm): a studio on the 12th floor of a 40-storey tower completed in 2016.

What is unit 1206 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 1206, Botanica Tower

Starts from the last sale price (AED 1.1M, 12 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,096,174
Deposit, UAE resident (20%)
AED 219,235
Deposit, non-resident (40%)
AED 438,470
Monthly over 25 years at 3.7%
AED 4,485

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