Studio · 472 sqftBotanica Tower, Dubai Marina · 8th floor · completed 2016

806, Botanica Tower

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 925K20 October 2016
Current rentAED 60K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Botanica Tower

What is 806 worth today?

Last sold for AED 925,000 in 2016

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20 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
20 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
1 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 134 per sqft
1 Mar 2023RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
13 Apr 2022RentedRenewal
AED 42,000/yr12 months · AED 89 per sqft
13 Apr 2021RentedNew contract
AED 35,000/yr12 months · AED 74 per sqft
20 Oct 2016SoldReady
AED 925,000AED 1,961 per sqft
6 Apr 2013RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
8th of 40
Parking
B3-28
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,300 /yr
Last sold
AED 925K · October 2016

About 806, Botanica Tower

806 is a studio of 472 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 20 October 2016 for AED 925,000, or AED 1,961 per sqft, 4% below the AED 2,035 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 August 2024, is AED 60,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 5,300 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, January 2010: AED 718,550 (AED 1,523 per sqft)Sold, July 2012: AED 718,550 (AED 1,523 per sqft)Sold, October 2016: AED 925,000 (AED 1,961 per sqft)

806 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 806, 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, April 2013: AED 50,000 a yearNew contract, April 2021: AED 35,000 a yearRenewal, April 2022: AED 42,000 a yearNew contract, March 2023: AED 60,000 a yearRenewal, March 2024: AED 63,000 a yearNew contract, August 2024: AED 60,000 a yearNew contract, August 2024: AED 60,000 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 806 sits

All 62 studios →

806 last sold in October 2016 at AED 1,961 per sqft, 4% below what studios in Botanica Tower were fetching at the time (AED 2,035). 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. 806's AED 60,000 is in the lower half 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 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
8032-bedAED 1.15M · Oct 2020
8041-bedAED 1.22M · Dec 2012
805StudioAED 875K · Jun 2014
8071-bedAED 1.55M · Apr 2026
8082-bedAED 1.47M · Jan 2023
1–7 of 10

806, Botanica Tower in numbers

  • Sold 3 times: first on 26 January 2010 for AED 718,550, last on 20 October 2016 for AED 925,000 (AED 1,961 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 60,000 by August 2024.
  • At AED 60,000 a year the gross yield on the 2016 price is 6.5%, 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 20 August 2024.

Questions about 806, Botanica Tower

What did unit 806 last sell for?

AED 925,000 on 20 October 2016: AED 1,961 per sqft for 472 sqft. The unit has 3 registered sales; the first was AED 718,550 in January 2010.

What is the rent for unit 806?

AED 60,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2024, was AED 60,000; the unit has been rented since April 2013.

How big is unit 806?

472 sqft (43.9 sqm): a studio on the 8th floor of a 40-storey tower completed in 2016.

What is unit 806 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 806, Botanica Tower

Starts from the last sale price (AED 925K, 20 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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