407, Botanica Tower
Sold prices and rental history: sold 3 times, last in July 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Botanica Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 18 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,652 sqft
- Floor
- 4th of 40
- Parking
- P1-07
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2016
- Service charge
- AED 18,500 /yr
- Last sold
- AED 1.6M · July 2022
- Building
- Botanica Tower
About 407, Botanica Tower
407 is a one-bedroom apartment of 1,652 sqft on the 4th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 18 July 2022 for AED 1,600,000, or AED 968 per sqft, 38% below the AED 1,552 one-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 3 March 2017, is AED 120,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 18,500 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 233 1-beds →407 last sold in July 2022 at AED 968 per sqft, 38% below what one-beds in Botanica Tower were fetching at the time (AED 1,552). 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. 407's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 719 sqft | 14,241 | 19 | ||
| 10 Aug 202610 August 2026 | 718 sqft | 6,825 | 9 | ||
| 5 Aug 20265 August 2026 | 718 sqft | 1,250,000 | 1,740 | ||
| 5 Aug 20265 August 2026 | 830 sqft | 1,455,000 | 1,752 |
Botanica Tower
Building365 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%
Other units on the 4th floor
All 365 units in Botanica Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,125 sqft | AED 1MAED 1,000,010 · Jan 2020January 2020 | 120,750 /yr | |
| 402 | 1-bed | 1,496 sqft | AED 1.73MAED 1,725,000 · Nov 2023November 2023 | 110,000 /yr | |
| 403 | 1-bed | 1,186 sqft | AED 1.35MAED 1,350,000 · Jan 2013January 2013 | 100,000 /yr | |
| 404 | 2-bed | 1,782 sqft | AED 2.55MAED 2,550,000 · Sep 2026September 2026 | 75,000 /yr | |
| 405 | 1-bed | 1,082 sqft | AED 1.65MAED 1,650,000 · Dec 2013December 2013 | 85,000 /yr | |
| 406 | 1-bed | 1,064 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 110,000 /yr | |
| 408 | 1-bed | 1,179 sqft | AED 1.37MAED 1,372,356 · Jan 2013January 2013 | ||
| 409 | 1-bed | 1,223 sqft | AED 1.68MAED 1,675,000 · May 2017May 2017 | 95,000 /yr | |
| 410 | 1-bed | 1,294 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | 100,000 /yr | |
| 411 | 1-bed | 1,890 sqft | AED 2.33MAED 2,325,000 · Jan 2025January 2025 | 125,000 /yr | |
| 412 | 1-bed | 2,748 sqft | AED 3.57MAED 3,570,971 · Apr 2013April 2013 | 210,000 /yr | |
| 413 | 1-bed | 2,346 sqft | AED 3.1MAED 3,098,885 · Aug 2012August 2012 | 199,446 /yr | |
| 414 | 1-bed | 2,346 sqft | AED 4.05MAED 4,050,000 · May 2025May 2025 | ||
| 415 | 1-bed | 2,346 sqft | AED 3.4MAED 3,400,000 · Apr 2024April 2024 | 165,000 /yr | |
| 416 | 1-bed | 2,346 sqft | AED 2.9MAED 2,900,000 · May 2013May 2013 | 150,000 /yr |
407, Botanica Tower in numbers
- Sold 3 times: first on 7 July 2013 for AED 2,300,000, last on 18 July 2022 for AED 1,600,000 (AED 968 per sqft).
- Rented since March 2016 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 18,500 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 18 July 2022.
Questions about 407, Botanica Tower
What did unit 407 last sell for?
AED 1,600,000 on 18 July 2022: AED 968 per sqft for 1,652 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in July 2013.
What is the rent for unit 407?
AED 120,000 a year on the contract renewed on 3 March 2017. The previous contract, from March 2016, was AED 120,000.
How big is unit 407?
1,652 sqft (153.5 sqm): a one-bedroom apartment on the 4th floor of a 40-storey tower completed in 2016.
What is unit 407 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 407, Botanica Tower
Starts from the last sale price (AED 1.6M, 18 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →