Studio · 466 sqftBotanica Tower, Dubai Marina · 24th floor · completed 2016

2405, Botanica Tower

Sold prices and rental history: sold twice, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 9 August 2017
Last soldAED 1.07M9 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Botanica Tower

What is 2405 worth today?

Last sold for AED 1,070,000 in 2017

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9 Aug 2017SoldReady
AED 1,070,000AED 2,297 per sqft
2 May 2009Sold by developerOff-plan
AED 1,121,369AED 2,407 per sqft

Source: Dubai Land Department. Updated 9 August 2017.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
24th of 40
Parking
P1-24
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,200 /yr
Last sold
AED 1.07M · August 2017

About 2405, Botanica Tower

2405 is a studio of 466 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 9 August 2017 for AED 1,070,000, or AED 2,297 per sqft, in line with the AED 2,297 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, May 2009: AED 1,121,369 (AED 2,407 per sqft)Sold, August 2017: AED 1,070,000 (AED 2,297 per sqft)

2405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2405, 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 65,000

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 2405 sits

All 62 studios →

2405 last sold in August 2017 at AED 2,297 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 2,297). 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.

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 24th floor

All 365 units in Botanica Tower
Value
24011-bedAED 1.34M · Oct 2013
24021-bedAED 1.26M · Jul 2012
24032-bedAED 1.4M · Jul 2012
24041-bedAED 1.63M · Apr 2023
2406StudioAED 1.1M · Apr 2017
24071-bedAED 1.59M · Apr 2009
24082-bedAED 2.07M · Dec 2024
1–7 of 10

2405, Botanica Tower in numbers

  • Sold twice: first on 2 May 2009 for AED 1,121,369, last on 9 August 2017 for AED 1,070,000 (AED 2,297 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 9 August 2017.

Questions about 2405, Botanica Tower

What did unit 2405 last sell for?

AED 1,070,000 on 9 August 2017: AED 2,297 per sqft for 466 sqft. The unit has 2 registered sales; the first was AED 1,121,369 in May 2009.

How big is unit 2405?

466 sqft (43.3 sqm): a studio on the 24th floor of a 40-storey tower completed in 2016.

What is unit 2405 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 2405, Botanica Tower

Starts from the last sale price (AED 1.07M, 9 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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