2-bed · 1,210 sqftBotanica Tower, Dubai Marina · 8th floor · completed 2016

803, Botanica Tower

Sold prices and rental history: sold 3 times, last in October 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 8 October 2020
Last soldAED 1.15M8 October 2020
Current rentAED 100K /yr2 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Botanica Tower

What is 803 worth today?

Last sold for AED 1,150,000 in 2020

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8 Oct 2020SoldReady
AED 1,150,000AED 950 per sqft
2 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
2 Sep 2018RentedRenewal
AED 115,000/yr12 months · AED 95 per sqft
3 Sep 2017RentedNew contract
AED 122,000/yr12 months · AED 101 per sqft
30 Dec 2012SoldReady
AED 1,750,950AED 1,447 per sqft
12 May 2011Sold by developerOff-plan
AED 1,750,950AED 1,447 per sqft

Source: Dubai Land Department. Updated 8 October 2020.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
8th of 40
Parking
B3-25
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.15M · October 2020

About 803, Botanica Tower

803 is a two-bedroom apartment of 1,210 sqft on the 8th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment . It last sold on 8 October 2020 for AED 1,150,000, or AED 950 per sqft, 12% below the AED 1,074 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 2 September 2019, is AED 100,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, May 2011: AED 1,750,950 (AED 1,447 per sqft)Sold, December 2012: AED 1,750,950 (AED 1,447 per sqft)Sold, October 2020: AED 1,150,000 (AED 950 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Botanica Tower
100K150K2013201720212025Typical 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 2017: AED 122,000 a yearRenewal, September 2018: AED 115,000 a yearRenewal, September 2019: AED 100,000 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 803 sits

All 64 2-beds →

803 last sold in October 2020 at AED 950 per sqft, 12% below what two-beds in Botanica Tower were fetching at the time (AED 1,074). 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. 803's AED 100,000 is in the lower half 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 88K /yr
Typical yield
5.7%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 8th floor

All 365 units in Botanica Tower
Value
8011-bedAED 944K · Oct 2012
8021-bedAED 1.03M · Jun 2021
8041-bedAED 1.22M · Dec 2012
805StudioAED 875K · Jun 2014
806StudioAED 925K · Oct 2016
8071-bedAED 1.55M · Apr 2026
8082-bedAED 1.47M · Jan 2023
1–7 of 10

803, Botanica Tower in numbers

  • Sold 3 times: first on 12 May 2011 for AED 1,750,950, last on 8 October 2020 for AED 1,150,000 (AED 950 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 122,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 8.7%, 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 8 October 2020.

Questions about 803, Botanica Tower

What did unit 803 last sell for?

AED 1,150,000 on 8 October 2020: AED 950 per sqft for 1,210 sqft. The unit has 3 registered sales; the first was AED 1,750,950 in May 2011.

What is the rent for unit 803?

AED 100,000 a year on the contract renewed on 2 September 2019. The previous contract, from September 2018, was AED 115,000; the unit has been rented since September 2017.

How big is unit 803?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 8th floor of a 40-storey tower completed in 2016.

What is unit 803 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.

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Mortgage on 803, Botanica Tower

Starts from the last sale price (AED 1.15M, 8 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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