1-bed · 804 sqftBotanica Tower, Dubai Marina · 37th floor · completed 2016

3707, Botanica Tower

Sold prices and rental history: sold 3 times, last in May 2012, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3707 · DLD and Ejari recordsUpdated 15 July 2015
Last soldAED 1.01M16 May 2012
Current rentAED 110K /yr15 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3707, Botanica Tower

What is 3707 worth today?

Last sold for AED 1,011,999 in 2012

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15 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft
16 May 2012SoldReady
AED 1,011,999AED 1,258 per sqft
15 May 2012SoldReady
AED 1,681,858AED 2,091 per sqft
2 May 2009Sold by developerOff-plan
AED 1,681,858AED 2,091 per sqft

Source: Dubai Land Department. Updated 15 July 2015.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
37th of 40
Parking
P3-44
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,000 /yr
Last sold
AED 1.01M · May 2012

About 3707, Botanica Tower

3707 is a one-bedroom apartment of 804 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 16 May 2012 for AED 1,011,999, or AED 1,258 per sqft, in line with the AED 1,252 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2015. The current contract, signed on 15 July 2015, is AED 110,000 a year: a gross yield of 10.9% on the 2012 price, before the service charge of about AED 9,000 a year.

Sales and rents for 3707 over time

Sales
Unit 3707, 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, May 2009: AED 1,681,858 (AED 2,091 per sqft)Sold, May 2012: AED 1,011,999 (AED 1,258 per sqft)Sold, May 2012: AED 1,681,858 (AED 2,091 per sqft)

3707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3707, 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, July 2015: AED 110,000 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 3707 sits

All 233 1-beds →

3707 last sold in May 2012 at AED 1,258 per sqft, in line with what one-beds in Botanica Tower were fetching at the time (AED 1,252). 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. 3707's AED 110,000 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
37011-bedAED 875K · Jun 2020
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
37082-bedAED 2.4M · May 2014
1–7 of 10

3707, Botanica Tower in numbers

  • Sold 3 times: first on 2 May 2009 for AED 1,681,858, last on 16 May 2012 for AED 1,011,999 (AED 1,258 per sqft).
  • Rented since July 2015 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2012 price is 10.9%, 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 15 July 2015.

Questions about 3707, Botanica Tower

What did unit 3707 last sell for?

AED 1,011,999 on 16 May 2012: AED 1,258 per sqft for 804 sqft. The unit has 3 registered sales; the first was AED 1,681,858 in May 2009.

What is the rent for unit 3707?

AED 110,000 a year on the contract signed on 15 July 2015.

How big is unit 3707?

804 sqft (74.7 sqm): a one-bedroom apartment on the 37th floor of a 40-storey tower completed in 2016.

What is unit 3707 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 3707, Botanica Tower

Starts from the last sale price (AED 1.01M, 16 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,011,999
Deposit, UAE resident (20%)
AED 202,400
Deposit, non-resident (40%)
AED 404,800
Monthly over 25 years at 3.7%
AED 4,140

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