Studio · 472 sqftBotanica Tower, Dubai Marina · 15th floor · completed 2016

1506, Botanica Tower

Sold prices and rental history: sold 4 times, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 960K1 May 2016
Current rentAED 65K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Botanica Tower

What is 1506 worth today?

Last sold for AED 960,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
1 Dec 2020RentedNew contract
AED 42,500/yr12 months · AED 90 per sqft
13 Apr 2020RentedNew contract
AED 46,000/yr12 months · AED 98 per sqft
1 May 2016SoldReady
AED 960,000AED 2,035 per sqft
22 Feb 2015SoldReady
AED 1,050,000AED 2,226 per sqft
12 Apr 2014RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
29 Dec 2012SoldReady
AED 682,381AED 1,447 per sqft
23 Jun 2011Sold by developerOff-plan
AED 682,381AED 1,447 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
15th of 40
Parking
B2-37
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 960K · May 2016

About 1506, Botanica Tower

1506 is a studio of 472 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 1 May 2016 for AED 960,000, or AED 2,035 per sqft, 4% below the AED 2,120 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 September 2026, is AED 65,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 5,300 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, June 2011: AED 682,381 (AED 1,447 per sqft)Sold, December 2012: AED 682,381 (AED 1,447 per sqft)Sold, February 2015: AED 1,050,000 (AED 2,226 per sqft)Sold, May 2016: AED 960,000 (AED 2,035 per sqft)

1506 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, 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, April 2014: AED 70,000 a yearNew contract, April 2020: AED 46,000 a yearNew contract, December 2020: AED 42,500 a yearNew contract, September 2026: AED 65,000 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 1506 sits

All 62 studios →

1506 last sold in May 2016 at AED 2,035 per sqft, 4% below what studios in Botanica Tower were fetching at the time (AED 2,120). 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. 1506's AED 65,000 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 15th floor

All 365 units in Botanica Tower
Value
15011-bedAED 1.6M · Mar 2024
15021-bedAED 1M · Jun 2012
15032-bedAED 1.39M · Jul 2012
15041-bedAED 959K · Dec 2012
1505StudioAED 950K · Jan 2016
15071-bedAED 1.63M · Mar 2024
15082-bedAED 1.95M · Jul 2025
1–7 of 10

1506, Botanica Tower in numbers

  • Sold 4 times: first on 23 June 2011 for AED 682,381, last on 1 May 2016 for AED 960,000 (AED 2,035 per sqft).
  • Rented since April 2014 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 42,500 in 2020 and recovered to AED 65,000 by September 2026.
  • At AED 65,000 a year the gross yield on the 2016 price is 6.8%, 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 20 September 2026.

Questions about 1506, Botanica Tower

What did unit 1506 last sell for?

AED 960,000 on 1 May 2016: AED 2,035 per sqft for 472 sqft. The unit has 4 registered sales; the first was AED 682,381 in June 2011.

What is the rent for unit 1506?

AED 65,000 a year on the contract signed on 20 September 2026. The previous contract, from December 2020, was AED 42,500; the unit has been rented since April 2014.

How big is unit 1506?

472 sqft (43.9 sqm): a studio on the 15th floor of a 40-storey tower completed in 2016.

What is unit 1506 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.

Selling 1506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1506, Botanica Tower

Starts from the last sale price (AED 960K, 1 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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