Studio · 470 sqftBotanica Tower, Dubai Marina · 34th floor · completed 2016

3405, Botanica Tower

Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 980K25 March 2015
Current rentAED 75K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, Botanica Tower

What is 3405 worth today?

Last sold for AED 980,000 in 2015

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12 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
12 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
15 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
25 Mar 2015SoldReady
AED 980,000AED 2,085 per sqft
9 Oct 2014SoldReady
AED 1,084,467AED 2,307 per sqft
18 Mar 2014RentedNew contract
AED 53,000/yr12 months · AED 113 per sqft
30 Sep 2009Sold by developerOff-plan
AED 1,084,467AED 2,307 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
34th of 40
Parking
P3-07
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 980K · March 2015

About 3405, Botanica Tower

3405 is a studio of 470 sqft on the 34th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 25 March 2015 for AED 980,000, or AED 2,085 per sqft, in line with the AED 2,124 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 12 September 2024, is AED 75,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 5,300 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, September 2009: AED 1,084,467 (AED 2,307 per sqft)Sold, October 2014: AED 1,084,467 (AED 2,307 per sqft)Sold, March 2015: AED 980,000 (AED 2,085 per sqft)

3405 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3405, 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, March 2014: AED 53,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, September 2024: AED 75,000 a yearNew contract, September 2024: AED 75,000 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 3405 sits

All 62 studios →

3405 last sold in March 2015 at AED 2,085 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 2,124). 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. 3405's AED 75,000 is in the upper half 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 34th floor

All 365 units in Botanica Tower
Value
34011-bedAED 1.77M · Sep 2025
34021-bedAED 1.29M · Jul 2012
34032-bedAED 2.3M · Feb 2013
34041-bedAED 1.7M · Dec 2025
3406StudioAED 18K · Jul 2026
34071-bedAED 790K · Sep 2020
34082-bedAED 2.05M · Jul 2024
1–7 of 10

3405, Botanica Tower in numbers

  • Sold 3 times: first on 30 September 2009 for AED 1,084,467, last on 25 March 2015 for AED 980,000 (AED 2,085 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 53,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 7.6%, 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 12 September 2024.

Questions about 3405, Botanica Tower

What did unit 3405 last sell for?

AED 980,000 on 25 March 2015: AED 2,085 per sqft for 470 sqft. The unit has 3 registered sales; the first was AED 1,084,467 in September 2009.

What is the rent for unit 3405?

AED 75,000 a year on the contract signed on 12 September 2024. The previous contract, from September 2024, was AED 75,000; the unit has been rented since March 2014.

How big is unit 3405?

470 sqft (43.7 sqm): a studio on the 34th floor of a 40-storey tower completed in 2016.

What is unit 3405 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 3405, Botanica Tower

Starts from the last sale price (AED 980K, 25 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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