2-bed · 1,207 sqftBotanica Tower, Dubai Marina · 7th floor · completed 2016

708, Botanica Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 1.75M28 November 2023
Current rentAED 87K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Botanica Tower

What is 708 worth today?

Last sold for AED 1,751,000 in 2023

Unlock today's estimate, updated daily, with

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

28 Nov 2023SoldReady
AED 1,751,000AED 1,451 per sqft
20 Sep 2022RentedRenewal
AED 87,000/yr12 months · AED 72 per sqft
20 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
20 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
1 Mar 2020RentedRenewal
AED 84,000/yr12 months · AED 70 per sqft
1 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
19 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
10 Mar 2017RentedRenewal
AED 130,000/yr6 months · AED 108 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
7th of 40
Parking
B3-19
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.75M · November 2023

About 708, Botanica Tower

708 is a two-bedroom apartment of 1,207 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 28 November 2023 for AED 1,751,000, or AED 1,451 per sqft, 8% below the AED 1,577 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 87,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 1,736,673 (AED 1,439 per sqft)Sold, August 2013: AED 1,736,673 (AED 1,439 per sqft)Sold, November 2023: AED 1,751,000 (AED 1,451 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Botanica Tower
100K150K2012201620202024Typical 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, September 2012: AED 105,000 a yearNew contract, September 2013: AED 110,000 a yearNew contract, March 2015: AED 130,000 a yearRenewal, March 2016: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearNew contract, September 2017: AED 125,000 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 84,000 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 87,000 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 708 sits

All 64 2-beds →

708 last sold in November 2023 at AED 1,451 per sqft, 8% below what two-beds in Botanica Tower were fetching at the time (AED 1,577). 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. 708's AED 87,000 is at the bottom 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 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
706StudioAED 985K · Jun 2024
7071-bedAED 1.63M · Sep 2024
1–7 of 10

708, Botanica Tower in numbers

  • Sold 3 times: first on 23 April 2009 for AED 1,736,673, last on 28 November 2023 for AED 1,751,000 (AED 1,451 per sqft).
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2020 and recovered to AED 87,000 by September 2022.
  • At AED 87,000 a year the gross yield on the 2023 price is 5.0%, 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 28 November 2023.

Questions about 708, Botanica Tower

What did unit 708 last sell for?

AED 1,751,000 on 28 November 2023: AED 1,451 per sqft for 1,207 sqft. The unit has 3 registered sales; the first was AED 1,736,673 in April 2009.

What is the rent for unit 708?

AED 87,000 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 75,000; the unit has been rented since September 2012.

How big is unit 708?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 7th floor of a 40-storey tower completed in 2016.

What is unit 708 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.

Selling 708? 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 708, Botanica Tower

Starts from the last sale price (AED 1.75M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,751,000
Deposit, UAE resident (20%)
AED 350,200
Deposit, non-resident (40%)
AED 700,400
Monthly over 25 years at 3.7%
AED 7,164

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