1-bed · 720 sqftBotanica Tower, Dubai Marina · 16th floor · completed 2016

1602, Botanica Tower

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 1.8M12 February 2017
Current rentAED 66K /yr27 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Botanica Tower

What is 1602 worth today?

Last sold for AED 1,800,000 in 2017

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27 Sep 2023RentedRenewal
AED 66,442/yr8 months · AED 92 per sqft
27 Sep 2022RentedRenewal
AED 66,150/yr12 months · AED 92 per sqft
27 Sep 2021RentedNew contract
AED 63,000/yr12 months · AED 87 per sqft
12 Feb 2017SoldReady
AED 1,800,000AED 2,501 per sqft
28 Aug 2016RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft
11 Oct 2015RentedNew contract
AED 117,000/yr12 months · AED 162 per sqft
27 Aug 2015SoldReady
AED 1,640,000AED 2,278 per sqft
13 Sep 2009Sold by developerOff-plan
AED 1,909,218AED 2,652 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
16th of 40
Parking
B2-46
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 8,100 /yr
Last sold
AED 1.8M · February 2017

About 1602, Botanica Tower

1602 is a one-bedroom apartment of 720 sqft on the 16th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 12 February 2017 for AED 1,800,000, or AED 2,501 per sqft, 36% above the AED 1,836 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 27 September 2023, is AED 66,442 a year: a gross yield of 3.7% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Botanica Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,545,481; 2010 AED 1,261,407; 2011 AED 939,300; 2012 AED 1,120,000; 2013 AED 1,372,356; 2014 AED 1,740,000; 2015 AED 1,525,000; 2016 AED 1,440,000; 2017 AED 1,458,750; 2018 AED 1,350,000; 2019 AED 1,180,000; 2020 AED 850,000; 2021 AED 1,150,000; 2022 AED 1,395,000; 2023 AED 1,620,000; 2024 AED 1,600,000; 2025 AED 1,548,000Sold by developer, September 2009: AED 1,909,218 (AED 2,652 per sqft)Sold, August 2015: AED 1,640,000 (AED 2,278 per sqft)Sold, February 2017: AED 1,800,000 (AED 2,501 per sqft)

1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Botanica Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 93,380; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 64,000; 2022 AED 71,600; 2023 AED 85,500; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 105,000New contract, October 2015: AED 117,000 a yearNew contract, August 2016: AED 105,000 a yearNew contract, September 2021: AED 63,000 a yearRenewal, September 2022: AED 66,150 a yearRenewal, September 2023: AED 66,442 a year

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

1-beds in Botanica Tower, and where 1602 sits

All 225 1-beds →

1602 last sold in February 2017 at AED 2,501 per sqft, 36% above what one-beds in Botanica Tower were fetching at the time (AED 1,836). Over the last 12 months one-beds sold for AED 127,717 to 1,795,000, around AED 1,972 per sqft, and rent for AED 79,763 to 135,000 a year. 1602's AED 66,442 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 202651,620
12 Jan 2026127,717
12 Jan 202657,732
7 Jan 2026114,431
11 1-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. 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%
Botanica Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 365 units in Botanica Tower
Value
16011-bedAED 1.5M · Jul 2023
16032-bedAED 2.1M · Mar 2024
16041-bedAED 1.35M · Dec 2012
1605StudioAED 980K · Jan 2024
1606StudioAED 1.04M · Nov 2016
16071-bedAED 700K · Jul 2013
16082-bedAED 1.45M · Dec 2012
1–7 of 10

1602, Botanica Tower in numbers

  • Sold 3 times: first on 13 September 2009 for AED 1,909,218, last on 12 February 2017 for AED 1,800,000 (AED 2,501 per sqft).
  • Rented since October 2015 on 5 Ejari contracts, from AED 117,000 to AED 66,442 a year.
  • At AED 66,442 a year the gross yield on the 2017 price is 3.7%, before a service charge of about AED 8,100 a year (AED 11.19 per sqft).
  • One-beds in Botanica Tower sold for AED 127,717–1,795,000 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 27 September 2023.

Questions about 1602, Botanica Tower

What did unit 1602 last sell for?

AED 1,800,000 on 12 February 2017: AED 2,501 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 1,909,218 in September 2009.

What is the rent for unit 1602?

AED 66,442 a year on the contract renewed on 27 September 2023. The previous contract, from September 2022, was AED 66,150; the unit has been rented since October 2015.

How big is unit 1602?

720 sqft (66.9 sqm): a one-bedroom apartment on the 16th floor of a 40-storey tower completed in 2016.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Botanica Tower sold for AED 127,717 to 1,795,000 in the last 12 months, around AED 1,972 per sqft.

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Mortgage on 1602, Botanica Tower

Starts from the last sale price (AED 1.8M, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →