2-bed · 1,210 sqftBotanica Tower, Dubai Marina · 20th floor · completed 2016

2003, Botanica Tower

Sold prices and rental history: sold 4 times, last in March 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 13 March 2023
Last soldAED 2.1M13 March 2023
Current rentAED 130K /yr25 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Botanica Tower

What is 2003 worth today?

Last sold for AED 2,100,000 in 2023

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13 Mar 2023SoldReady
AED 2,100,000AED 1,735 per sqft
17 Oct 2019SoldReady
AED 1,300,000AED 1,074 per sqft
25 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 108 per sqft
20 Nov 2014RentedNew contract
AED 141,750/yr12 months · AED 118 per sqft
30 Dec 2012SoldReady
AED 2,093,005AED 1,729 per sqft
30 Apr 2009Sold by developerOff-plan
AED 2,093,005AED 1,729 per sqft

Source: Dubai Land Department. Updated 13 March 2023.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
20th of 40
Parking
B1-24
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 2.1M · March 2023

About 2003, Botanica Tower

2003 is a two-bedroom apartment of 1,210 sqft on the 20th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 13 March 2023 for AED 2,100,000, or AED 1,735 per sqft, 19% above the AED 1,458 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 September 2017, is AED 130,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 2009: AED 2,093,005 (AED 1,729 per sqft)Sold, December 2012: AED 2,093,005 (AED 1,729 per sqft)Sold, October 2019: AED 1,300,000 (AED 1,074 per sqft)Sold, March 2023: AED 2,100,000 (AED 1,735 per sqft)

2003 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, 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, November 2014: AED 141,750 a yearNew contract, September 2017: AED 130,000 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 2003 sits

All 64 2-beds →

2003 last sold in March 2023 at AED 1,735 per sqft, 19% above what two-beds in Botanica Tower were fetching at the time (AED 1,458). 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. 2003's AED 130,000 is in the upper half 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 89K /yr
Typical yield
5.7%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 20th floor

All 365 units in Botanica Tower
Value
20011-bedAED 1.6M · Jun 2017
20021-bedAED 795K · Jan 2018
20041-bedAED 1.9M · Apr 2009
2005StudioAED 1.18M · Mar 2015
2006StudioAED 755K · Mar 2013
20071-bedAED 1.49M · Feb 2016
20082-bedAED 2.01M · May 2017
1–7 of 10

2003, Botanica Tower in numbers

  • Sold 4 times: first on 30 April 2009 for AED 2,093,005, last on 13 March 2023 for AED 2,100,000 (AED 1,735 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 141,750 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.2%, 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 13 March 2023.

Questions about 2003, Botanica Tower

What did unit 2003 last sell for?

AED 2,100,000 on 13 March 2023: AED 1,735 per sqft for 1,210 sqft. The unit has 4 registered sales; the first was AED 2,093,005 in April 2009.

What is the rent for unit 2003?

AED 130,000 a year on the contract signed on 25 September 2017. The previous contract, from November 2014, was AED 141,750.

How big is unit 2003?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 20th floor of a 40-storey tower completed in 2016.

What is unit 2003 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 2003, Botanica Tower

Starts from the last sale price (AED 2.1M, 13 March 2023). 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 →