Studio · 472 sqftBotanica Tower, Dubai Marina · 7th floor · completed 2016

706, Botanica Tower

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 985K4 June 2024
Current rentAED 45K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Botanica Tower

What is 706 worth today?

Last sold for AED 985,000 in 2024

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4 Jun 2024SoldReady
AED 985,000AED 2,088 per sqft
15 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
20 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
7 Jun 2018SoldReady
AED 915,000AED 1,940 per sqft
14 May 2017RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
20 Jan 2015RentedNew contract
AED 87,188/yr12 months · AED 184 per sqft
11 Dec 2014SoldReady
AED 1,110,000AED 2,353 per sqft
16 Nov 2014SoldReady
AED 1,073,618AED 2,276 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
7th of 40
Parking
B3-17
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 985K · June 2024

About 706, Botanica Tower

706 is a studio of 472 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 4 June 2024 for AED 985,000, or AED 2,088 per sqft, in line with the AED 2,104 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 June 2021, is AED 45,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, April 2009: AED 1,073,618 (AED 2,276 per sqft)Sold, November 2014: AED 1,073,618 (AED 2,276 per sqft)Sold, December 2014: AED 1,110,000 (AED 2,353 per sqft)Sold, June 2018: AED 915,000 (AED 1,940 per sqft)Sold, June 2024: AED 985,000 (AED 2,088 per sqft)

706 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 706, 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, January 2015: AED 87,188 a yearNew contract, May 2017: AED 70,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, June 2021: AED 45,000 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 706 sits

All 62 studios →

706 last sold in June 2024 at AED 2,088 per sqft, in line with what studios in Botanica Tower were fetching at the time (AED 2,104). 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. 706's AED 45,000 is at the bottom 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 89K /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
7021-bedAED 1.2M · Apr 2024
7032-bedAED 2.55M · Nov 2014
7041-bedAED 81K · Jul 2026
705StudioAED 1.12M · Dec 2025
7071-bedAED 1.63M · Sep 2024
7082-bedAED 1.75M · Nov 2023
1–7 of 10

706, Botanica Tower in numbers

  • Sold 5 times: first on 23 April 2009 for AED 1,073,618, last on 4 June 2024 for AED 985,000 (AED 2,088 per sqft).
  • Rented since January 2015 on 4 Ejari contracts, from AED 87,188 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 4.6%, 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 4 June 2024.

Questions about 706, Botanica Tower

What did unit 706 last sell for?

AED 985,000 on 4 June 2024: AED 2,088 per sqft for 472 sqft. The unit has 5 registered sales; the first was AED 1,073,618 in April 2009.

What is the rent for unit 706?

AED 45,000 a year on the contract signed on 15 June 2021. The previous contract, from March 2019, was AED 60,000; the unit has been rented since January 2015.

How big is unit 706?

472 sqft (43.9 sqm): a studio on the 7th floor of a 40-storey tower completed in 2016.

What is unit 706 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 706, Botanica Tower

Starts from the last sale price (AED 985K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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