1603, Botanica Tower
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Botanica Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 25 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,210 sqft
- Floor
- 16th of 40
- Parking
- B2-47
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2016
- Service charge
- AED 13,500 /yr
- Last sold
- AED 2.1M · March 2024
- Building
- Botanica Tower
About 1603, Botanica Tower
1603 is a two-bedroom apartment of 1,210 sqft on the 16th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 25 March 2024 for AED 2,100,000, or AED 1,735 per sqft, 9% above the AED 1,593 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 January 2023, is AED 88,550 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 13,500 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 64 2-beds →1603 last sold in March 2024 at AED 1,735 per sqft, 9% above what two-beds in Botanica Tower were fetching at the time (AED 1,593). 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. 1603's AED 88,550 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 1,782 sqft | 2,550,000 | 1,430 | ||
| 15 Jul 202615 July 2026 | 1,208 sqft | 1,780,000 | 1,473 | ||
| 7 Jul 20267 July 2026 | 1,211 sqft | 2,350,000 | 1,940 | ||
| 19 Jun 202619 June 2026 | 1,208 sqft | 2,050,000 | 1,697 |
Botanica Tower
Building365 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%
Other units on the 16th floor
All 365 units in Botanica Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 830 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 100,000 /yr | |
| 1602 | 1-bed | 720 sqft | AED 1.52MAED 1,520,000 · Mar 2026March 2026 | 66,442 /yr | |
| 1604 | 1-bed | 813 sqft | AED 1.35MAED 1,346,326 · Dec 2012December 2012 | 80,000 /yr | |
| 1605 | Studio | 466 sqft | AED 980KAED 980,000 · Jan 2024January 2024 | ||
| 1606 | Studio | 472 sqft | AED 1.04MAED 1,040,000 · Nov 2016November 2016 | 75,000 /yr | |
| 1607 | 1-bed | 808 sqft | AED 700KAED 700,000 · Jul 2013July 2013 | ||
| 1608 | 2-bed | 1,207 sqft | AED 1.45MAED 1,448,367 · Dec 2012December 2012 | 112,350 /yr | |
| 1609 | 1-bed | 718 sqft | AED 1.44MAED 1,435,000 · Nov 2025November 2025 | 73,868 /yr | |
| 1610 | 1-bed | 830 sqft | AED 1.94MAED 1,940,000 · Mar 2014March 2014 | 75,000 /yr | |
| 1611 | 1-bed | 858 sqft | AED 1.33MAED 1,333,350 · Dec 2012December 2012 | 85,920 /yr |
1603, Botanica Tower in numbers
- Sold twice: first on 10 September 2009 for AED 3,265,098, last on 25 March 2024 for AED 2,100,000 (AED 1,735 per sqft).
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 70,000 in 2021 and recovered to AED 88,550 by January 2023.
- At AED 88,550 a year the gross yield on the 2024 price is 4.2%, 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 25 March 2024.
Questions about 1603, Botanica Tower
What did unit 1603 last sell for?
AED 2,100,000 on 25 March 2024: AED 1,735 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 3,265,098 in September 2009.
What is the rent for unit 1603?
AED 88,550 a year on the contract signed on 23 January 2023. The previous contract, from January 2021, was AED 70,000; the unit has been rented since May 2014.
How big is unit 1603?
1,210 sqft (112.4 sqm): a two-bedroom apartment on the 16th floor of a 40-storey tower completed in 2016.
What is unit 1603 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 1603, Botanica Tower
Starts from the last sale price (AED 2.1M, 25 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →