1-bed · 830 sqftBotanica Tower, Dubai Marina · 7th floor · completed 2016

701, Botanica Tower

Sold prices and rental history: sold 3 times, last in February 2019, and rented once, from January 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 6 February 2019
Last soldAED 1.01M6 February 2019
Current rentAED 100K /yr17 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Botanica Tower

What is 701 worth today?

Last sold for AED 1,010,000 in 2019

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6 Feb 2019SoldReady
AED 1,010,000AED 1,216 per sqft
17 Jan 2017RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
11 Jul 2012SoldReady
AED 1,260,642AED 1,518 per sqft
10 Sep 2009Sold by developerOff-plan
AED 1,260,642AED 1,518 per sqft

Source: Dubai Land Department. Updated 6 February 2019.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
7th of 40
Parking
B3-12
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 1.01M · February 2019

About 701, Botanica Tower

701 is a one-bedroom apartment of 830 sqft on the 7th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 6 February 2019 for AED 1,010,000, or AED 1,216 per sqft, 24% below the AED 1,608 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 January 2017. The current contract, signed on 17 January 2017, is AED 100,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 9,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, September 2009: AED 1,260,642 (AED 1,518 per sqft)Sold, July 2012: AED 1,260,642 (AED 1,518 per sqft)Sold, February 2019: AED 1,010,000 (AED 1,216 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Botanica Tower
60K80K100K2012201620202024Typical 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, January 2017: AED 100,000 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 701 sits

All 233 1-beds →

701 last sold in February 2019 at AED 1,216 per sqft, 24% below what one-beds in Botanica Tower were fetching at the time (AED 1,608). 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. 701's AED 100,000 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 7th floor

All 365 units in Botanica Tower
Value
7021-bedAED 1.2M · Apr 2024
7032-bedAED 2.55M · Nov 2014
7041-bedAED 81K · Jul 2026
705StudioAED 1.12M · Dec 2025
706StudioAED 985K · Jun 2024
7071-bedAED 1.63M · Sep 2024
7082-bedAED 1.75M · Nov 2023
1–7 of 10

701, Botanica Tower in numbers

  • Sold 3 times: first on 10 September 2009 for AED 1,260,642, last on 6 February 2019 for AED 1,010,000 (AED 1,216 per sqft).
  • Rented since January 2017 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 9,300 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 6 February 2019.

Questions about 701, Botanica Tower

What did unit 701 last sell for?

AED 1,010,000 on 6 February 2019: AED 1,216 per sqft for 830 sqft. The unit has 3 registered sales; the first was AED 1,260,642 in September 2009.

What is the rent for unit 701?

AED 100,000 a year on the contract signed on 17 January 2017.

How big is unit 701?

830 sqft (77.1 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower completed in 2016.

What is unit 701 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 701, Botanica Tower

Starts from the last sale price (AED 1.01M, 6 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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