1-bed · 720 sqftBotanica Tower, Dubai Marina · 37th floor · completed 2016

3702, Botanica Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 1.55M7 February 2024
Current rentAED 73K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Botanica Tower

What is 3702 worth today?

Last sold for AED 1,550,000 in 2024

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7 Feb 2024SoldReady
AED 1,550,000AED 2,153 per sqft
20 Sep 2022RentedRenewal
AED 72,500/yr12 months · AED 101 per sqft
20 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
20 Sep 2020RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
21 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
1 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
27 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
1 Feb 2014RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
37th of 40
Parking
P3-37
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 8,100 /yr
Last sold
AED 1.55M · February 2024

About 3702, Botanica Tower

3702 is a one-bedroom apartment of 720 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 7 February 2024 for AED 1,550,000, or AED 2,153 per sqft, 12% above the AED 1,914 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 72,500 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 8,100 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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 880,050 (AED 1,222 per sqft)Sold, March 2013: AED 880,050 (AED 1,222 per sqft)Sold, February 2024: AED 1,550,000 (AED 2,153 per sqft)

3702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3702, each contractTypical one-bed in Botanica Tower
50K75K100K2012201620202024Typical 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 2014: AED 105,000 a yearNew contract, January 2018: AED 100,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, December 2019: AED 75,000 a yearNew contract, September 2020: AED 52,000 a yearRenewal, September 2021: AED 60,000 a yearRenewal, September 2022: AED 72,500 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 3702 sits

All 233 1-beds →

3702 last sold in February 2024 at AED 2,153 per sqft, 12% above what one-beds in Botanica Tower were fetching at the time (AED 1,914). 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. 3702's AED 72,500 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
37011-bedAED 875K · Jun 2020
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

3702, Botanica Tower in numbers

  • Sold 3 times: first on 19 April 2011 for AED 880,050, last on 7 February 2024 for AED 1,550,000 (AED 2,153 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 52,000 in 2020 and recovered to AED 72,500 by September 2022.
  • At AED 72,500 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 8,100 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 7 February 2024.

Questions about 3702, Botanica Tower

What did unit 3702 last sell for?

AED 1,550,000 on 7 February 2024: AED 2,153 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 880,050 in April 2011.

What is the rent for unit 3702?

AED 72,500 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 60,000; the unit has been rented since February 2014.

How big is unit 3702?

720 sqft (66.9 sqm): a one-bedroom apartment on the 37th floor of a 40-storey tower completed in 2016.

What is unit 3702 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 3702, Botanica Tower

Starts from the last sale price (AED 1.55M, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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