Home
Dubai prices
About
Research
Studio · 489 sqftBotanica JVC, Jumeirah Village Circle (JVC) · 3rd floor · completed 2016

323, Botanica JVC

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 11 October 2023
Last soldAED 489K18 February 2016
Current rentAED 32K /yr11 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 323

Property timeline for 323, Botanica JVC

What is 323 worth today?

Last sold for AED 489,327 in 2016

Unlock today's estimate, updated daily, with

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

11 Oct 2023RentedRenewal
AED 31,500/yr12 months · AED 65 per sqft
11 Oct 2022RentedRenewal
AED 29,700/yr12 months · AED 61 per sqft
11 Oct 2021RentedRenewal
AED 29,700/yr12 months · AED 61 per sqft
11 Oct 2020RentedRenewal
AED 29,700/yr12 months · AED 61 per sqft
11 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
25 Aug 2016RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
18 Feb 2016Sold by developerOff-plan
AED 489,327AED 1,001 per sqft

Source: Dubai Land Department. Updated 11 October 2023.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
3rd of 4
Parking
B2-46
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 489K · February 2016
Building
Botanica JVC

About 323, Botanica JVC

323 is a studio of 489 sqft on the 3rd floor of Botanica JVC, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2016 by Myra Real Estate Deveiopment . The developer sold it on 18 February 2016 for AED 489,327, or AED 1,001 per sqft, 6% above the AED 948 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 11 October 2023, is AED 31,500 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 5,600 a year.

Sales and rents for 323 over time

Sales
Unit 323, each saleTypical studio in Botanica JVC
300K400K500K20152018202120242027Typical 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, February 2016: AED 489,327 (AED 1,001 per sqft)

323 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 323, each contractTypical studio in Botanica JVC
30K40K50K2016201920222025Typical 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 48,000 a yearNew contract, October 2019: AED 30,000 a yearRenewal, October 2020: AED 29,700 a yearRenewal, October 2021: AED 29,700 a yearRenewal, October 2022: AED 29,700 a yearRenewal, October 2023: AED 31,500 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 323 sits

All 87 studios →

323 last sold in February 2016 at AED 1,001 per sqft, 6% above what studios in Botanica JVC were fetching at the time (AED 948). Over the last 12 months studios sold for AED 430,000 to 600,000, around AED 992 per sqft, and rent for AED 30,000 to 69,000 a year. 323's AED 31,500 is in the lower 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 3rd floor

All 118 units in Botanica JVC
Value
3011-bedAED 650K · Jul 2023
3021-bedAED 520K · May 2021
303StudioAED 485K · Nov 2015
304StudioAED 495K · Mar 2018
305StudioAED 345K · Mar 2023
306StudioAED 471K · Feb 2016
307StudioAED 493K · Feb 2016
1–7 of 31

323, Botanica JVC in numbers

  • Sold once: by Myra Real Estate Deveiopment on 18 February 2016 for AED 489,327, or AED 1,001 per sqft.
  • Rented since August 2016 on 6 Ejari contracts, from AED 48,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 5,600 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 11 October 2023.

Questions about 323, Botanica JVC

What did unit 323 last sell for?

AED 489,327 on 18 February 2016, sold by the developer: AED 1,001 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 31,500 a year on the contract renewed on 11 October 2023. The previous contract, from October 2022, was AED 29,700; the unit has been rented since August 2016.

How big is unit 323?

489 sqft (45.4 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2016.

What is unit 323 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.

Selling 323? 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 323, Botanica JVC

Starts from the last sale price (AED 489K, 18 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 489,327
Deposit, UAE resident (20%)
AED 97,865
Deposit, non-resident (40%)
AED 195,731
Monthly over 25 years at 3.7%
AED 2,002

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