Studio · 472 sqftBotanica Tower, Dubai Marina · 26th floor · completed 2016

2606, Botanica Tower

Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 13 April 2022
Last soldAED 680K13 April 2022
Current rentAED 40K /yr20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, Botanica Tower

What is 2606 worth today?

Last sold for AED 680,000 in 2022

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13 Apr 2022SoldReady
AED 680,000AED 1,441 per sqft
20 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
17 Jan 2021SoldReady
AED 575,000AED 1,219 per sqft
1 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
30 Dec 2018RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
1 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
23 Jan 2014RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
18 Jul 2013SoldReady
AED 715,000AED 1,516 per sqft

Source: Dubai Land Department. Updated 13 April 2022.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
26th of 40
Parking
P2-01
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 680K · April 2022

About 2606, Botanica Tower

2606 is a studio of 472 sqft on the 26th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 13 April 2022 for AED 680,000, or AED 1,441 per sqft, in line with the AED 1,425 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 June 2021, is AED 40,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 5,300 a year.

Sales and rents for 2606 over time

Sales
Unit 2606, 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 1,159,236 (AED 2,458 per sqft)Sold, July 2013: AED 715,000 (AED 1,516 per sqft)Sold, July 2013: AED 978,192 (AED 2,074 per sqft)Sold, January 2021: AED 575,000 (AED 1,219 per sqft)Sold, April 2022: AED 680,000 (AED 1,441 per sqft)

2606 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2606, 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, January 2014: AED 75,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, December 2018: AED 55,000 a yearNew contract, February 2020: AED 55,000 a yearNew contract, June 2021: AED 40,000 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 2606 sits

All 62 studios →

2606 last sold in April 2022 at AED 1,441 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 1,425). 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. 2606's AED 40,000 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 26th floor

All 365 units in Botanica Tower
Value
26011-bedAED 1.57M · Jul 2024
26021-bedAED 600K · Jun 2021
26032-bedAED 2.3M · Jun 2023
26041-bedAED 1.12M · Dec 2021
2605StudioAED 1M · Jul 2026
26071-bedAED 1.41M · Mar 2023
26082-bedAED 1.74M · Jul 2012
1–7 of 10

2606, Botanica Tower in numbers

  • Sold 5 times: first on 23 April 2009 for AED 1,159,236, last on 13 April 2022 for AED 680,000 (AED 1,441 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 75,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 5,300 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 13 April 2022.

Questions about 2606, Botanica Tower

What did unit 2606 last sell for?

AED 680,000 on 13 April 2022: AED 1,441 per sqft for 472 sqft. The unit has 5 registered sales; the first was AED 1,159,236 in April 2009.

What is the rent for unit 2606?

AED 40,000 a year on the contract signed on 20 June 2021. The previous contract, from February 2020, was AED 55,000; the unit has been rented since January 2014.

How big is unit 2606?

472 sqft (43.9 sqm): a studio on the 26th floor of a 40-storey tower completed in 2016.

What is unit 2606 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 2606, Botanica Tower

Starts from the last sale price (AED 680K, 13 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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