1506, Botanica Tower
Sold prices and rental history: sold 4 times, last in May 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Botanica Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 1 December 2020.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 15th of 40
- Parking
- B2-37
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2016
- Service charge
- AED 5,300 /yr
- Last sold
- AED 960K · May 2016
- Building
- Botanica Tower
About 1506, Botanica Tower
1506 is a studio of 472 sqft on the 15th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 1 May 2016 for AED 960,000, or AED 2,035 per sqft, 4% below the AED 2,120 studios in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 42,500 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 5,300 a year.
Sales and rents for 1506 over time
1506 has sold 4 times; the dashed line is the studio median of each year in the building.
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 1506 sits
All 62 studios →1506 last sold in May 2016 at AED 2,035 per sqft, 4% below what studios in Botanica Tower were fetching at the time (AED 2,120). Over the last 12 months studios sold for AED 1,120,000 to 1,170,000, around AED 2,443 per sqft, and rent for AED 80,000 to 82,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 472 sqft | 1,170,000 | 2,481 | ||
| 15 Jan 202615 January 2026 | 476 sqft | 33,320 | 70 | ||
| 9 Jan 20269 January 2026 | 470 sqft | 32,073 | 68 | ||
| 6 Jan 20266 January 2026 | 476 sqft | 31,614 | 66 |
Botanica Tower
Building365 apartments, studios to 5-bed over 40 floors in Dubai Marina, completed in 2016 by Myra Real Estate Deveiopment. 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,045 Up 4.4%
- Typical sale
- AED 1.47M
- Typical rent
- AED 105K /yr
- Typical yield
- 6.4%
Other units on the 15th floor
All 365 units in Botanica Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 830 sqft | AED 1.6MAED 1,600,000 · Mar 2024March 2024 | 75,000 /yr | |
| 1502 | 1-bed | 720 sqft | AED 1MAED 1,000,000 · Jun 2012June 2012 | 95,000 /yr | |
| 1503 | 2-bed | 1,210 sqft | AED 1.39MAED 1,394,275 · Jul 2012July 2012 | 155,000 /yr | |
| 1504 | 1-bed | 813 sqft | AED 959KAED 958,800 · Dec 2012December 2012 | 58,000 /yr | |
| 1505 | Studio | 466 sqft | AED 950KAED 950,000 · Jan 2016January 2016 | 77,000 /yr | |
| 1507 | 1-bed | 808 sqft | AED 1.63MAED 1,630,000 · Mar 2024March 2024 | 98,000 /yr | |
| 1508 | 2-bed | 1,207 sqft | AED 1.95MAED 1,950,000 · Jul 2025July 2025 | 130,000 /yr | |
| 1509 | 1-bed | 718 sqft | AED 1.44MAED 1,440,000 · May 2025May 2025 | 65,000 /yr | |
| 1510 | 1-bed | 830 sqft | AED 1.21MAED 1,213,560 · Dec 2012December 2012 | ||
| 1511 | 1-bed | 858 sqft | AED 1.98MAED 1,976,117 · Apr 2009April 2009 | 90,250 /yr |
1506, Botanica Tower in numbers
- Sold 4 times: first on 23 June 2011 for AED 682,381, last on 1 May 2016 for AED 960,000 (AED 2,035 per sqft).
- Rented since April 2014 on 3 Ejari contracts, from AED 70,000 to AED 42,500 a year.
- At AED 42,500 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 5,300 a year (AED 11.19 per sqft).
- Studios in Botanica Tower sold for AED 1,120,000–1,170,000 in the 12 months to November 2026; the building's median across all types is AED 2,045 per sqft.
Source: Dubai Land Department. Updated 1 December 2020.
Questions about 1506, Botanica Tower
What did unit 1506 last sell for?
AED 960,000 on 1 May 2016: AED 2,035 per sqft for 472 sqft. The unit has 4 registered sales; the first was AED 682,381 in June 2011.
What is the rent for unit 1506?
AED 42,500 a year on the contract signed on 1 December 2020. The previous contract, from April 2020, was AED 46,000; the unit has been rented since April 2014.
How big is unit 1506?
472 sqft (43.9 sqm): a studio on the 15th floor of a 40-storey tower completed in 2016.
What is unit 1506 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 1,120,000 to 1,170,000 in the last 12 months, around AED 2,443 per sqft.
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Mortgage on 1506, Botanica Tower
Starts from the last sale price (AED 960K, 1 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 960,000
- Deposit, UAE resident (20%)
- AED 192,000
- Deposit, non-resident (40%)
- AED 384,000
- Monthly over 25 years at 3.7%
- AED 3,928
Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →