2-bed · 1,208 sqftBotanica Tower, Dubai Marina · 38th floor · completed 2016

3808, Botanica Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3808 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.75M12 October 2023
Current rentAED 110K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3808, Botanica Tower

What is 3808 worth today?

Last sold for AED 1,750,000 in 2023

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15 May 2024RentedRenewal
AED 110,334/yr5 months · AED 92 per sqft
15 May 2024RentedRenewal
AED 110,334/yr5 months · AED 92 per sqft
12 Oct 2023SoldReady
AED 1,750,000AED 1,448 per sqft
15 May 2023RentedNew contract
AED 105,000/yr12 months · AED 87 per sqft
16 May 2022RentedNew contract
AED 105,000/yr12 months · AED 87 per sqft
13 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
20 Jul 2015RentedNew contract
AED 135,000/yr12 months · AED 112 per sqft
11 Jul 2012SoldReady
AED 1,708,712AED 1,414 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,208 sqft
Floor
38th of 40
Parking
P3-57
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.75M · October 2023

About 3808, Botanica Tower

3808 is a two-bedroom apartment of 1,208 sqft on the 38th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 12 October 2023 for AED 1,750,000, or AED 1,448 per sqft, 15% below the AED 1,702 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 110,334 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3808 over time

Sales
Unit 3808, 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 1,708,712 (AED 1,414 per sqft)Sold, July 2012: AED 1,708,712 (AED 1,414 per sqft)Sold, October 2023: AED 1,750,000 (AED 1,448 per sqft)

3808 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3808, 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, July 2015: AED 135,000 a yearNew contract, December 2018: AED 95,000 a yearNew contract, May 2022: AED 105,000 a yearNew contract, May 2023: AED 105,000 a yearRenewal, May 2024: AED 110,334 a yearRenewal, May 2024: AED 110,334 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 3808 sits

All 64 2-beds →

3808 last sold in October 2023 at AED 1,448 per sqft, 15% below what two-beds in Botanica Tower were fetching at the time (AED 1,702). 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. 3808's AED 110,334 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 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
3806StudioAED 663K · Oct 2012
38071-bedAED 1.55M · Mar 2024
1–7 of 10

3808, Botanica Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 1,708,712, last on 12 October 2023 for AED 1,750,000 (AED 1,448 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2018 and recovered to AED 110,334 by May 2024.
  • At AED 110,334 a year the gross yield on the 2023 price is 6.3%, 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 15 May 2024.

Questions about 3808, Botanica Tower

What did unit 3808 last sell for?

AED 1,750,000 on 12 October 2023: AED 1,448 per sqft for 1,208 sqft. The unit has 3 registered sales; the first was AED 1,708,712 in April 2009.

What is the rent for unit 3808?

AED 110,334 a year on the contract renewed on 15 May 2024. The previous contract, from May 2024, was AED 110,334; the unit has been rented since July 2015.

How big is unit 3808?

1,208 sqft (112.2 sqm): a two-bedroom apartment on the 38th floor of a 40-storey tower completed in 2016.

What is unit 3808 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.

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Mortgage on 3808, Botanica Tower

Starts from the last sale price (AED 1.75M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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