1-bed · 830 sqftBotanica Tower, Dubai Marina · 24th floor · completed 2016

2401, Botanica Tower

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

Unit 2401 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 1.34M3 October 2013
Current rentAED 100K /yr8 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Botanica Tower

What is 2401 worth today?

Last sold for AED 1,341,924 in 2013

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8 Dec 2023RentedRenewal
AED 100,000/yr12 months · AED 121 per sqft
8 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
8 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 87 per sqft
8 Dec 2020RentedRenewal
AED 62,000/yr12 months · AED 75 per sqft
8 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 97 per sqft
8 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
1 Mar 2018RentedNew contract
AED 109,211/yr7 months · AED 132 per sqft
26 Nov 2013RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
24th of 40
Parking
P1-20
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 1.34M · October 2013

About 2401, Botanica Tower

2401 is a one-bedroom apartment of 830 sqft on the 24th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 3 October 2013 for AED 1,341,924, or AED 1,616 per sqft, 13% above the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 8 December 2023, is AED 100,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 9,300 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical one-bed in Botanica Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,556,909; 2010 AED 1,261,407; 2011 AED 939,200; 2012 AED 1,120,000; 2013 AED 1,355,032; 2014 AED 1,740,000; 2015 AED 1,525,000; 2016 AED 1,440,000; 2017 AED 1,458,750; 2018 AED 1,350,000; 2019 AED 1,180,000; 2020 AED 850,000; 2021 AED 1,135,000; 2022 AED 1,345,000; 2023 AED 1,610,000; 2024 AED 1,585,000; 2025 AED 1,547,000; 2026 AED 1,452,500Sold by developer, May 2009: AED 1,341,924 (AED 1,616 per sqft)Sold, October 2013: AED 1,341,924 (AED 1,616 per sqft)

2401 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, each contractTypical one-bed in Botanica Tower
75K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 99,153; 2018 AED 92,500; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 64,641; 2022 AED 71,400; 2023 AED 85,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 86,795New contract, November 2013: AED 85,000 a yearNew contract, March 2018: AED 109,211 a yearNew contract, December 2018: AED 95,000 a yearRenewal, December 2019: AED 80,000 a yearRenewal, December 2020: AED 62,000 a yearRenewal, December 2021: AED 72,000 a yearRenewal, December 2022: AED 90,000 a yearRenewal, December 2023: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Botanica Tower, and where 2401 sits

All 233 1-beds →

2401 last sold in October 2013 at AED 1,616 per sqft, 13% above what one-beds in Botanica Tower were fetching at the time (AED 1,433). Over the last 12 months one-beds sold for AED 127,717 to 1,795,000, around AED 1,915 per sqft, and rent for AED 60,000 to 190,000 a year. 2401's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202614,241
10 Aug 20266,825
5 Aug 20261,250,000
5 Aug 20261,455,000
26 1-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 24th floor

All 365 units in Botanica Tower
Value
24021-bedAED 1.26M · Jul 2012
24032-bedAED 1.4M · Jul 2012
24041-bedAED 1.63M · Apr 2023
2405StudioAED 1.07M · Aug 2017
2406StudioAED 1.1M · Apr 2017
24071-bedAED 1.59M · Apr 2009
24082-bedAED 2.07M · Dec 2024
1–7 of 10

2401, Botanica Tower in numbers

  • Sold twice: first on 2 May 2009 for AED 1,341,924, last on 3 October 2013 for AED 1,341,924 (AED 1,616 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 62,000 in 2020 and recovered to AED 100,000 by December 2023.
  • At AED 100,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 9,300 a year (AED 11.19 per sqft).
  • One-beds in Botanica Tower sold for AED 127,717–1,795,000 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 8 December 2023.

Questions about 2401, Botanica Tower

What did unit 2401 last sell for?

AED 1,341,924 on 3 October 2013: AED 1,616 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,341,924 in May 2009.

What is the rent for unit 2401?

AED 100,000 a year on the contract renewed on 8 December 2023. The previous contract, from December 2022, was AED 90,000; the unit has been rented since November 2013.

How big is unit 2401?

830 sqft (77.1 sqm): a one-bedroom apartment on the 24th floor of a 40-storey tower completed in 2016.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Botanica Tower sold for AED 127,717 to 1,795,000 in the last 12 months, around AED 1,915 per sqft.

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Mortgage on 2401, Botanica Tower

Starts from the last sale price (AED 1.34M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,341,924
Deposit, UAE resident (20%)
AED 268,385
Deposit, non-resident (40%)
AED 536,770
Monthly over 25 years at 3.7%
AED 5,490

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