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Studio · 503 sqftBotanica JVC, Jumeirah Village Circle (JVC) · 2nd floor · completed 2016

231, Botanica JVC

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 8 June 2025
Last soldAED 270K4 June 2017
Current rentAED 66K /yr8 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Botanica JVC

What is 231 worth today?

Last sold for AED 270,000 in 2017

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8 Jun 2025RentedNew contract
AED 66,000/yr12 months · AED 131 per sqft
31 Jan 2025RentedNew contract
AED 66,000/yr12 months · AED 130 per sqft
31 Jan 2025RentedNew contract
AED 66,000/yr12 months · AED 130 per sqft
1 Feb 2024RentedRenewal
AED 50,400/yr12 months · AED 100 per sqft
1 Feb 2023RentedNew contract
AED 50,400/yr12 months · AED 100 per sqft
1 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
4 Jun 2017SoldReady
AED 270,000AED 536 per sqft
20 Aug 2016RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 8 June 2025.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
2nd of 4
Parking
B2-22
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,800 /yr
Last sold
AED 270K · June 2017
Building
Botanica JVC

About 231, Botanica JVC

231 is a studio of 503 sqft on the 2nd floor of Botanica JVC, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2016 by Myra Real Estate Deveiopment . It last sold on 4 June 2017 for AED 270,000, or AED 536 per sqft, 47% below the AED 1,013 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 8 June 2025, is AED 66,000 a year: a gross yield of 24.4% on the 2017 price, before the service charge of about AED 5,800 a year.

Sales and rents for 231 over time

Sales
Unit 231, each saleTypical studio in Botanica JVC
400K20152018202120242027Typical sale price by year: 2015 AED 442,623; 2016 AED 492,705; 2017 AED 510,000; 2018 AED 485,000; 2021 AED 315,000; 2022 AED 310,000; 2023 AED 357,000; 2024 AED 475,000; 2025 AED 517,500; 2026 AED 508,000Sold by developer, November 2015: AED 449,985 (AED 894 per sqft)Sold, June 2017: AED 270,000 (AED 536 per sqft)

231 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 231, each contractTypical studio in Botanica JVC
20K40K60K2016201920222025Typical rent by year: 2016 AED 48,000; 2017 AED 46,000; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 27,000; 2021 AED 26,000; 2022 AED 29,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 45,000New contract, August 2016: AED 50,000 a yearNew contract, November 2019: AED 32,000 a yearNew contract, February 2023: AED 50,400 a yearRenewal, February 2024: AED 50,400 a yearNew contract, January 2025: AED 66,000 a yearNew contract, January 2025: AED 66,000 a yearNew contract, June 2025: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Botanica JVC, and where 231 sits

All 87 studios →

231 last sold in June 2017 at AED 536 per sqft, 47% below what studios in Botanica JVC were fetching at the time (AED 1,013). Over the last 12 months studios sold for AED 430,000 to 600,000, around AED 992 per sqft, and rent for AED 35,000 to 69,000 a year. 231's AED 66,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Aug 2026495,000
14 Aug 2026430,000
24 Jun 2026475,000
17 Jun 2026540,000
13 studio sales in the last 12 months

Botanica JVC

Building

118 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2016 by Myra Real Estate Deveiopment . 14 sold in the last 12 months.

Typical price per sqft
AED 989 Up 1.7%
Typical sale
AED 526K
Typical rent
AED 47K /yr
Typical yield
8.3%
Botanica JVC, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 118 units in Botanica JVC
Value
2011-bedAED 978K · Feb 2016
2021-bedAED 865K · May 2016
203StudioAED 485K · Nov 2015
204StudioAED 526K · May 2016
205StudioAED 551K · Aug 2015
206StudioAED 471K · Feb 2016
207StudioAED 493K · Apr 2016
1–7 of 31

231, Botanica JVC in numbers

  • Sold twice: first on 8 November 2015 for AED 449,985, last on 4 June 2017 for AED 270,000 (AED 536 per sqft).
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2019 and recovered to AED 66,000 by June 2025.
  • At AED 66,000 a year the gross yield on the 2017 price is 24.4%, before a service charge of about AED 5,800 a year (AED 11.52 per sqft).
  • Studios in Botanica JVC sold for AED 430,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 989 per sqft.

Source: Dubai Land Department. Updated 8 June 2025.

Questions about 231, Botanica JVC

What did unit 231 last sell for?

AED 270,000 on 4 June 2017: AED 536 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 449,985 in November 2015.

What is the rent for unit 231?

AED 66,000 a year on the contract signed on 8 June 2025. The previous contract, from January 2025, was AED 66,000; the unit has been rented since August 2016.

How big is unit 231?

503 sqft (46.7 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2016.

What is unit 231 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Botanica JVC sold for AED 430,000 to 600,000 in the last 12 months, around AED 992 per sqft.

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Mortgage on 231, Botanica JVC

Starts from the last sale price (AED 270K, 4 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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