Studio · 466 sqftBotanica Tower, Dubai Marina · 17th floor · completed 2016

1705, Botanica Tower

Sold prices and rental history: sold 4 times, last in June 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 760K16 June 2022
Current rentAED 52K /yr8 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Botanica Tower

What is 1705 worth today?

Last sold for AED 760,000 in 2022

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16 Jun 2022SoldReady
AED 760,000AED 1,631 per sqft
8 Apr 2020RentedNew contract
AED 52,000/yr12 months · AED 112 per sqft
5 Apr 2019RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
27 Nov 2013SoldReady
AED 455,000AED 976 per sqft
29 Aug 2013RentedNew contract
AED 70,000/yr12 months · AED 151 per sqft
29 Oct 2012SoldReady
AED 745,550AED 1,600 per sqft
30 Apr 2009Sold by developerOff-plan
AED 745,550AED 1,600 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
17th of 40
Parking
B2-60
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,200 /yr
Last sold
AED 760K · June 2022

About 1705, Botanica Tower

1705 is a studio of 466 sqft on the 17th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 16 June 2022 for AED 760,000, or AED 1,631 per sqft, in line with the AED 1,595 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 8 April 2020, is AED 52,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 5,200 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical studio in Botanica Tower
500K1M2009201420192024Typical 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 745,550 (AED 1,600 per sqft)Sold, October 2012: AED 745,550 (AED 1,600 per sqft)Sold, November 2013: AED 455,000 (AED 976 per sqft)Sold, June 2022: AED 760,000 (AED 1,631 per sqft)

1705 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1705, 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, August 2013: AED 70,000 a yearNew contract, April 2019: AED 50,000 a yearNew contract, April 2020: AED 52,000 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 1705 sits

All 62 studios →

1705 last sold in June 2022 at AED 1,631 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 1,595). 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. 1705's AED 52,000 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 17th floor

All 365 units in Botanica Tower
Value
17011-bedAED 1.5M · Jan 2016
17021-bedAED 1.65M · Nov 2016
17032-bedAED 1.58M · Oct 2018
17041-bedAED 1.47M · Jan 2018
1706StudioAED 1.02M · Jul 2014
17071-bedAED 1.35M · Nov 2015
17082-bedAED 1.39M · Dec 2012
1–7 of 10

1705, Botanica Tower in numbers

  • Sold 4 times: first on 30 April 2009 for AED 745,550, last on 16 June 2022 for AED 760,000 (AED 1,631 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 70,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 6.8%, 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 16 June 2022.

Questions about 1705, Botanica Tower

What did unit 1705 last sell for?

AED 760,000 on 16 June 2022: AED 1,631 per sqft for 466 sqft. The unit has 4 registered sales; the first was AED 745,550 in April 2009.

What is the rent for unit 1705?

AED 52,000 a year on the contract signed on 8 April 2020. The previous contract, from April 2019, was AED 50,000; the unit has been rented since August 2013.

How big is unit 1705?

466 sqft (43.3 sqm): a studio on the 17th floor of a 40-storey tower completed in 2016.

What is unit 1705 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 1705, Botanica Tower

Starts from the last sale price (AED 760K, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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