2-bed · 1,208 sqftBotanica Tower, Dubai Marina · 37th floor · completed 2016

3708, Botanica Tower

Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3708 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2.4M29 May 2014
Current rentAED 110K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3708, Botanica Tower

What is 3708 worth today?

Last sold for AED 2,400,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 91 per sqft
1 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 91 per sqft
1 Jun 2023RentedRenewal
AED 105,000/yr12 months · AED 87 per sqft
1 Jun 2022RentedRenewal
AED 105,000/yr12 months · AED 87 per sqft
1 Jun 2021RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
15 Apr 2020RentedRenewal
AED 110,000/yr12 months · AED 91 per sqft
15 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
15 Feb 2016RentedNew contract
AED 149,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,208 sqft
Floor
37th of 40
Parking
P3-45
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 2.4M · May 2014

About 3708, Botanica Tower

3708 is a two-bedroom apartment of 1,208 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 29 May 2014 for AED 2,400,000, or AED 1,986 per sqft, 9% above the AED 1,823 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 110,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3708 over time

Sales
Unit 3708, each saleTypical two-bed in Botanica Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,097,600; 2010 AED 2,293,331; 2011 AED 1,556,400; 2012 AED 1,718,423; 2013 AED 2,137,545; 2014 AED 2,525,000; 2017 AED 1,935,000; 2019 AED 1,300,000; 2020 AED 1,182,500; 2021 AED 1,250,000; 2023 AED 1,905,500; 2024 AED 2,000,000; 2025 AED 1,955,000; 2026 AED 2,200,000Sold by developer, April 2009: AED 2,611,505 (AED 2,161 per sqft)Sold, May 2014: AED 2,400,000 (AED 1,986 per sqft)Sold, May 2014: AED 2,611,505 (AED 2,161 per sqft)

3708 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3708, each contractTypical two-bed in Botanica Tower
100K150K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 141,750; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 84,000; 2021 AED 80,000; 2022 AED 94,250; 2023 AED 112,500; 2024 AED 128,000; 2025 AED 117,700; 2026 AED 118,000New contract, February 2016: AED 149,000 a yearNew contract, April 2019: AED 110,000 a yearRenewal, April 2020: AED 110,000 a yearNew contract, June 2021: AED 90,000 a yearRenewal, June 2022: AED 105,000 a yearRenewal, June 2023: AED 105,000 a yearRenewal, June 2024: AED 110,000 a yearRenewal, June 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Botanica Tower, and where 3708 sits

All 64 2-beds →

3708 last sold in May 2014 at AED 1,986 per sqft, 9% above what two-beds in Botanica Tower were fetching at the time (AED 1,823). Over the last 12 months two-beds sold for AED 1,780,000 to 2,550,000, around AED 1,585 per sqft, and rent for AED 90,000 to 140,000 a year. 3708's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20262,550,000
15 Jul 20261,780,000
7 Jul 20262,350,000
19 Jun 20262,050,000
4 2-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
37071-bedAED 1.01M · May 2012
1–7 of 10

3708, Botanica Tower in numbers

  • Sold 3 times: first on 30 April 2009 for AED 2,611,505, last on 29 May 2014 for AED 2,400,000 (AED 1,986 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 149,000 to AED 90,000 in 2021 and recovered to AED 110,000 by June 2024.
  • At AED 110,000 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 13,500 a year (AED 11.19 per sqft).
  • Two-beds in Botanica Tower sold for AED 1,780,000–2,550,000 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 1 June 2024.

Questions about 3708, Botanica Tower

What did unit 3708 last sell for?

AED 2,400,000 on 29 May 2014: AED 1,986 per sqft for 1,208 sqft. The unit has 3 registered sales; the first was AED 2,611,505 in April 2009.

What is the rent for unit 3708?

AED 110,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 110,000; the unit has been rented since February 2016.

How big is unit 3708?

1,208 sqft (112.2 sqm): a two-bedroom apartment on the 37th floor of a 40-storey tower completed in 2016.

What is unit 3708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Botanica Tower sold for AED 1,780,000 to 2,550,000 in the last 12 months, around AED 1,585 per sqft.

Selling 3708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3708, Botanica Tower

Starts from the last sale price (AED 2.4M, 29 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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