1-bed · 720 sqftBotanica Tower, Dubai Marina · 7th floor · completed 2016

702, Botanica Tower

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 1.2M6 April 2024
Current rentAED 60K /yr22 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Botanica Tower

What is 702 worth today?

Last sold for AED 1,200,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Apr 2024SoldReady
AED 1,200,000AED 1,667 per sqft
7 Mar 2023SoldReady
AED 1,050,000AED 1,458 per sqft
22 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
19 Jan 2021RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
30 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
1 Apr 2018RentedNew contract
AED 84,000/yr12 months · AED 116 per sqft
18 Dec 2013RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
15 May 2013SoldReady
AED 1,321,000AED 1,835 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
7th of 40
Parking
B3-13
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 8,100 /yr
Last sold
AED 1.2M · April 2024

About 702, Botanica Tower

702 is a one-bedroom apartment of 720 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 April 2024 for AED 1,200,000, or AED 1,667 per sqft, 14% below the AED 1,942 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 22 January 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 8,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, July 2012: AED 820,050 (AED 1,139 per sqft)Sold, May 2013: AED 1,321,000 (AED 1,835 per sqft)Sold, March 2023: AED 1,050,000 (AED 1,458 per sqft)Sold, April 2024: AED 1,200,000 (AED 1,667 per sqft)

702 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in Botanica Tower
50K75K100K2012201620202024Typical 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, December 2013: AED 85,000 a yearNew contract, April 2018: AED 84,000 a yearNew contract, September 2019: AED 70,000 a yearNew contract, January 2021: AED 52,000 a yearNew contract, January 2022: AED 60,000 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 702 sits

All 233 1-beds →

702 last sold in April 2024 at AED 1,667 per sqft, 14% below what one-beds in Botanica Tower were fetching at the time (AED 1,942). 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. 702's AED 60,000 is at the bottom 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
7011-bedAED 1.01M · Feb 2019
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

702, Botanica Tower in numbers

  • Sold 4 times: first on 11 July 2012 for AED 820,050, last on 6 April 2024 for AED 1,200,000 (AED 1,667 per sqft).
  • Rented since December 2013 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 52,000 in 2021 and recovered to AED 60,000 by January 2022.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 8,100 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 April 2024.

Questions about 702, Botanica Tower

What did unit 702 last sell for?

AED 1,200,000 on 6 April 2024: AED 1,667 per sqft for 720 sqft. The unit has 4 registered sales; the first was AED 820,050 in July 2012.

What is the rent for unit 702?

AED 60,000 a year on the contract signed on 22 January 2022. The previous contract, from January 2021, was AED 52,000; the unit has been rented since December 2013.

How big is unit 702?

720 sqft (66.9 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower completed in 2016.

What is unit 702 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.

Selling 702? 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 702, Botanica Tower

Starts from the last sale price (AED 1.2M, 6 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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