2-bed · 1,210 sqftBotanica Tower, Dubai Marina · 15th floor · completed 2016

1503, Botanica Tower

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1.39M8 July 2012
Current rentAED 155K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Botanica Tower

What is 1503 worth today?

Last sold for AED 1,394,275 in 2012

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10 May 2024RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft
10 May 2024RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft
20 Feb 2021RentedRenewal
AED 72,000/yr12 months · AED 60 per sqft
20 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
20 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
11 Jun 2016RentedNew contract
AED 130,000/yr12 months · AED 108 per sqft
1 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
8 Jul 2012SoldReady
AED 1,394,275AED 1,152 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
15th of 40
Parking
B2-34
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.39M · July 2012

About 1503, Botanica Tower

1503 is a two-bedroom apartment of 1,210 sqft on the 15th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 8 July 2012 for AED 1,394,275, or AED 1,152 per sqft, in line with the AED 1,152 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 10 May 2024, is AED 155,000 a year: a gross yield of 11.1% on the 2012 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Botanica Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,097,600; 2010 AED 2,293,331; 2011 AED 1,556,400; 2012 AED 1,718,423; 2013 AED 2,137,545; 2014 AED 2,525,000; 2017 AED 1,935,000; 2019 AED 1,300,000; 2020 AED 1,182,500; 2021 AED 1,250,000; 2023 AED 1,905,500; 2024 AED 2,000,000; 2025 AED 1,955,000; 2026 AED 2,200,000Sold by developer, April 2011: AED 1,394,275 (AED 1,152 per sqft)Sold, July 2012: AED 1,394,275 (AED 1,152 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Botanica Tower
100K150K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 141,750; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 84,000; 2021 AED 80,000; 2022 AED 94,250; 2023 AED 112,500; 2024 AED 128,000; 2025 AED 117,700; 2026 AED 118,000New contract, September 2013: AED 140,000 a yearNew contract, June 2016: AED 130,000 a yearNew contract, February 2019: AED 90,000 a yearRenewal, February 2020: AED 80,000 a yearRenewal, February 2021: AED 72,000 a yearNew contract, May 2024: AED 155,000 a yearNew contract, May 2024: AED 155,000 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 Botanica Tower, and where 1503 sits

All 64 2-beds →

1503 last sold in July 2012 at AED 1,152 per sqft, in line with what two-beds in Botanica Tower were fetching at the time (AED 1,152). Over the last 12 months two-beds sold for AED 1,780,000 to 2,550,000, around AED 1,585 per sqft, and rent for AED 90,000 to 140,000 a year. 1503's AED 155,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20262,550,000
15 Jul 20261,780,000
7 Jul 20262,350,000
19 Jun 20262,050,000
4 2-bed 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 15th floor

All 365 units in Botanica Tower
Value
15011-bedAED 1.6M · Mar 2024
15021-bedAED 1M · Jun 2012
15041-bedAED 959K · Dec 2012
1505StudioAED 950K · Jan 2016
1506StudioAED 960K · May 2016
15071-bedAED 1.63M · Mar 2024
15082-bedAED 1.95M · Jul 2025
1–7 of 10

1503, Botanica Tower in numbers

  • Sold twice: first on 19 April 2011 for AED 1,394,275, last on 8 July 2012 for AED 1,394,275 (AED 1,152 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 72,000 in 2021 and recovered to AED 155,000 by May 2024.
  • At AED 155,000 a year the gross yield on the 2012 price is 11.1%, before a service charge of about AED 13,500 a year (AED 11.19 per sqft).
  • Two-beds in Botanica Tower sold for AED 1,780,000–2,550,000 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 May 2024.

Questions about 1503, Botanica Tower

What did unit 1503 last sell for?

AED 1,394,275 on 8 July 2012: AED 1,152 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,394,275 in April 2011.

What is the rent for unit 1503?

AED 155,000 a year on the contract signed on 10 May 2024. The previous contract, from May 2024, was AED 155,000; the unit has been rented since September 2013.

How big is unit 1503?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 15th floor of a 40-storey tower completed in 2016.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Botanica Tower sold for AED 1,780,000 to 2,550,000 in the last 12 months, around AED 1,585 per sqft.

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Mortgage on 1503, Botanica Tower

Starts from the last sale price (AED 1.39M, 8 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,394,275
Deposit, UAE resident (20%)
AED 278,855
Deposit, non-resident (40%)
AED 557,710
Monthly over 25 years at 3.7%
AED 5,704

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