1-bed · 852 sqftBotanica Tower, Dubai Marina · 35th floor · completed 2016

3511, Botanica Tower

Sold prices and rental history: sold 3 times, last in November 2018, and rented once, from April 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3511 · DLD and Ejari recordsUpdated 29 November 2018
Last soldAED 1.38M29 November 2018
Current rentAED 100K /yr16 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3511, Botanica Tower

What is 3511 worth today?

Last sold for AED 1,380,000 in 2018

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29 Nov 2018SoldReady
AED 1,380,000AED 1,619 per sqft
16 Apr 2018RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
1 Oct 2012SoldReady
AED 1,345,515AED 1,578 per sqft
30 Apr 2009Sold by developerOff-plan
AED 1,345,515AED 1,578 per sqft

Source: Dubai Land Department. Updated 29 November 2018.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
35th of 40
Parking
P3-24
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,500 /yr
Last sold
AED 1.38M · November 2018

About 3511, Botanica Tower

3511 is a one-bedroom apartment of 852 sqft on the 35th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 29 November 2018 for AED 1,380,000, or AED 1,619 per sqft, in line with the AED 1,626 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 April 2018. The current contract, signed on 16 April 2018, is AED 100,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 9,500 a year.

Sales and rents for 3511 over time

Sales
Unit 3511, 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 1,345,515 (AED 1,578 per sqft)Sold, October 2012: AED 1,345,515 (AED 1,578 per sqft)Sold, November 2018: AED 1,380,000 (AED 1,619 per sqft)

3511 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3511, 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, April 2018: 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 3511 sits

All 233 1-beds →

3511 last sold in November 2018 at AED 1,619 per sqft, in line with what one-beds in Botanica Tower were fetching at the time (AED 1,626). 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. 3511'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 88K /yr
Typical yield
5.7%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 35th floor

All 365 units in Botanica Tower
Value
35011-bedAED 2.12M · Apr 2009
35021-bedAED 800K · Jun 2021
35032-bedAED 2.1M · Nov 2012
35041-bedAED 1.32M · Oct 2012
3505StudioAED 1.2M · Nov 2016
3506StudioAED 1.05M · Jan 2017
35071-bedAED 1.14M · Oct 2012
1–7 of 10

3511, Botanica Tower in numbers

  • Sold 3 times: first on 30 April 2009 for AED 1,345,515, last on 29 November 2018 for AED 1,380,000 (AED 1,619 per sqft).
  • Rented since April 2018 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 7.2%, before a service charge of about AED 9,500 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 29 November 2018.

Questions about 3511, Botanica Tower

What did unit 3511 last sell for?

AED 1,380,000 on 29 November 2018: AED 1,619 per sqft for 852 sqft. The unit has 3 registered sales; the first was AED 1,345,515 in April 2009.

What is the rent for unit 3511?

AED 100,000 a year on the contract signed on 16 April 2018.

How big is unit 3511?

852 sqft (79.2 sqm): a one-bedroom apartment on the 35th floor of a 40-storey tower completed in 2016.

What is unit 3511 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 3511, Botanica Tower

Starts from the last sale price (AED 1.38M, 29 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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