Studio · 476 sqftBotanica Tower, Dubai Marina · 38th floor · completed 2016

3806, Botanica Tower

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 5 November 2023
Last soldAED 663K29 October 2012
Current rentAED 60K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, Botanica Tower

What is 3806 worth today?

Last sold for AED 662,805 in 2012

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5 Nov 2023RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
5 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
5 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
5 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
6 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
1 Jun 2017RentedNew contract
AED 73,000/yr12 months · AED 154 per sqft
29 Oct 2012Sold by developerReady
AED 662,805AED 1,393 per sqft

Source: Dubai Land Department. Updated 5 November 2023.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
38th of 40
Parking
P3-55
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 663K · October 2012

About 3806, Botanica Tower

3806 is a studio of 476 sqft on the 38th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . The developer sold it on 29 October 2012 for AED 662,805, or AED 1,393 per sqft, in line with the AED 1,433 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 November 2023, is AED 60,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 5,300 a year.

Sales and rents for 3806 over time

Sales
Unit 3806, each saleTypical studio in Botanica Tower
750K1M2009201420192024Typical sale price by year: 2009 AED 1,084,467; 2011 AED 787,414; 2012 AED 672,975; 2013 AED 742,018; 2014 AED 1,020,000; 2015 AED 980,000; 2016 AED 980,000; 2017 AED 1,060,000; 2019 AED 700,000; 2021 AED 646,500; 2022 AED 750,000; 2024 AED 1,025,000; 2025 AED 1,120,000; 2026 AED 1,000,000Sold by developer, October 2012: AED 662,805 (AED 1,393 per sqft)

3806 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3806, each contractTypical studio in Botanica Tower
40K60K80K2013201720212025Typical rent by year: 2013 AED 60,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 54,250; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 54,500; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 76,000; 2026 AED 65,000New contract, June 2017: AED 73,000 a yearNew contract, June 2018: AED 70,000 a yearNew contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearRenewal, November 2022: AED 60,000 a yearRenewal, November 2023: AED 60,000 a year

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

Studios in Botanica Tower, and where 3806 sits

All 62 studios →

3806 last sold in October 2012 at AED 1,393 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 1,433). Over the last 12 months studios sold for AED 920,000 to 1,170,000, around AED 2,276 per sqft, and rent for AED 55,000 to 86,000 a year. 3806's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jul 202638,148
29 Jul 202618,291
28 Jul 202625,023
17 Jul 2026920,000
10 studio 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 38th floor

All 365 units in Botanica Tower
Value
38011-bedAED 1.28M · May 2019
38021-bedAED 1.85M · Mar 2014
38032-bedAED 2.35M · Jul 2026
38041-bedAED 2.12M · Aug 2014
3805StudioAED 641K · Jun 2012
38071-bedAED 1.55M · Mar 2024
38082-bedAED 1.75M · Oct 2023
1–7 of 10

3806, Botanica Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 29 October 2012 for AED 662,805, or AED 1,393 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2021 and recovered to AED 60,000 by November 2023.
  • At AED 60,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 5,300 a year (AED 11.19 per sqft).
  • Studios in Botanica Tower sold for AED 920,000–1,170,000 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 5 November 2023.

Questions about 3806, Botanica Tower

What did unit 3806 last sell for?

AED 662,805 on 29 October 2012, sold by the developer: AED 1,393 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 3806?

AED 60,000 a year on the contract renewed on 5 November 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since June 2017.

How big is unit 3806?

476 sqft (44.2 sqm): a studio on the 38th floor of a 40-storey tower completed in 2016.

What is unit 3806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Botanica Tower sold for AED 920,000 to 1,170,000 in the last 12 months, around AED 2,276 per sqft.

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Mortgage on 3806, Botanica Tower

Starts from the last sale price (AED 663K, 29 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 662,805
Deposit, UAE resident (20%)
AED 132,561
Deposit, non-resident (40%)
AED 265,122
Monthly over 25 years at 3.7%
AED 2,712

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