1-bed · 804 sqftBotanica Tower, Dubai Marina · 29th floor · completed 2016

2907, Botanica Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 1.7M28 November 2023
Current rentAED 95K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, Botanica Tower

What is 2907 worth today?

Last sold for AED 1,700,000 in 2023

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28 Nov 2023SoldReady
AED 1,700,000AED 2,113 per sqft
27 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
19 Feb 2017RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
16 Feb 2016RentedRenewal
AED 100,000/yr12 months · AED 124 per sqft
16 Feb 2015RentedNew contract
AED 97,500/yr12 months · AED 121 per sqft
30 Apr 2009Sold by developerOff-plan
AED 1,613,019AED 2,005 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
29th of 40
Parking
P2-15
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,000 /yr
Last sold
AED 1.7M · November 2023

About 2907, Botanica Tower

2907 is a one-bedroom apartment of 804 sqft on the 29th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 28 November 2023 for AED 1,700,000, or AED 2,113 per sqft, 12% above the AED 1,891 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 27 October 2022, is AED 95,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for 2907 over time

Sales
Unit 2907, 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, April 2009: AED 1,613,019 (AED 2,005 per sqft)Sold, November 2023: AED 1,700,000 (AED 2,113 per sqft)

2907 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, each contractTypical one-bed in Botanica Tower
60K80K100K2012201620202024Typical 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, February 2015: AED 97,500 a yearRenewal, February 2016: AED 100,000 a yearNew contract, February 2017: AED 100,000 a yearNew contract, October 2022: AED 95,000 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 2907 sits

All 233 1-beds →

2907 last sold in November 2023 at AED 2,113 per sqft, 12% above what one-beds in Botanica Tower were fetching at the time (AED 1,891). 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. 2907's AED 95,000 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 88K /yr
Typical yield
5.7%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 29th floor

All 365 units in Botanica Tower
Value
29011-bedAED 1.43M · Feb 2018
29021-bedAED 1.27M · Oct 2012
29032-bedAED 1.85M · Jun 2024
29041-bedAED 1.93M · Apr 2009
2905StudioAED 1.15M · Dec 2009
2906StudioAED 1.02M · Aug 2024
29082-bedAED 900K · Jan 2021
1–7 of 10

2907, Botanica Tower in numbers

  • Sold twice: first on 30 April 2009 for AED 1,613,019, last on 28 November 2023 for AED 1,700,000 (AED 2,113 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 97,500 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 9,000 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 28 November 2023.

Questions about 2907, Botanica Tower

What did unit 2907 last sell for?

AED 1,700,000 on 28 November 2023: AED 2,113 per sqft for 804 sqft. The unit has 2 registered sales; the first was AED 1,613,019 in April 2009.

What is the rent for unit 2907?

AED 95,000 a year on the contract signed on 27 October 2022. The previous contract, from February 2017, was AED 100,000; the unit has been rented since February 2015.

How big is unit 2907?

804 sqft (74.7 sqm): a one-bedroom apartment on the 29th floor of a 40-storey tower completed in 2016.

What is unit 2907 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 2907, Botanica Tower

Starts from the last sale price (AED 1.7M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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