1-bed · 833 sqftBotanica Tower, Dubai Marina · 37th floor · completed 2016

3701, Botanica Tower

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 25 June 2020
Last soldAED 875K25 June 2020
Current rentAED 85K /yr20 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Botanica Tower

What is 3701 worth today?

Last sold for AED 875,000 in 2020

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25 Jun 2020SoldReady
AED 875,000AED 1,050 per sqft
20 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 102 per sqft
15 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 132 per sqft
15 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 133 per sqft
15 Mar 2015RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
30 Dec 2012SoldReady
AED 939,400AED 1,127 per sqft
19 Apr 2011Sold by developerOff-plan
AED 939,400AED 1,127 per sqft

Source: Dubai Land Department. Updated 25 June 2020.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
37th of 40
Parking
P3-36
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 875K · June 2020

About 3701, Botanica Tower

3701 is a one-bedroom apartment of 833 sqft on the 37th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 25 June 2020 for AED 875,000, or AED 1,050 per sqft, in line with the AED 1,052 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 20 April 2019, is AED 85,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 9,300 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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 2011: AED 939,400 (AED 1,127 per sqft)Sold, December 2012: AED 939,400 (AED 1,127 per sqft)Sold, June 2020: AED 875,000 (AED 1,050 per sqft)

3701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3701, each contractTypical one-bed in Botanica Tower
75K100K2012201620202024Typical 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, March 2015: AED 105,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, August 2018: AED 110,000 a yearNew contract, April 2019: AED 85,000 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 3701 sits

All 233 1-beds →

3701 last sold in June 2020 at AED 1,050 per sqft, in line with what one-beds in Botanica Tower were fetching at the time (AED 1,052). 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. 3701's AED 85,000 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 37th floor

All 365 units in Botanica Tower
Value
37021-bedAED 1.55M · Feb 2024
37032-bedAED 3.1M · Apr 2009
37041-bedAED 1.96M · Apr 2009
3705StudioAED 625K · Apr 2019
3706StudioAED 800K · Feb 2015
37071-bedAED 1.01M · May 2012
37082-bedAED 2.4M · May 2014
1–7 of 10

3701, Botanica Tower in numbers

  • Sold 3 times: first on 19 April 2011 for AED 939,400, last on 25 June 2020 for AED 875,000 (AED 1,050 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 105,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 9,300 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 25 June 2020.

Questions about 3701, Botanica Tower

What did unit 3701 last sell for?

AED 875,000 on 25 June 2020: AED 1,050 per sqft for 833 sqft. The unit has 3 registered sales; the first was AED 939,400 in April 2011.

What is the rent for unit 3701?

AED 85,000 a year on the contract signed on 20 April 2019. The previous contract, from August 2018, was AED 110,000; the unit has been rented since March 2015.

How big is unit 3701?

833 sqft (77.4 sqm): a one-bedroom apartment on the 37th floor of a 40-storey tower completed in 2016.

What is unit 3701 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 3701, Botanica Tower

Starts from the last sale price (AED 875K, 25 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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