1-bed · 813 sqftBotanica Tower, Dubai Marina · 17th floor · completed 2016

1704, Botanica Tower

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1.47M31 January 2018
Current rentAED 80K /yr13 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Botanica Tower

What is 1704 worth today?

Last sold for AED 1,469,000 in 2018

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13 Jul 2022RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
23 Mar 2021RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
25 Oct 2019RentedRenewal
AED 76,000/yr12 months · AED 93 per sqft
25 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
31 Jan 2018Sold by developerReady
AED 1,469,000AED 1,806 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
17th of 40
Parking
B2-59
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 9,100 /yr
Last sold
AED 1.47M · January 2018

About 1704, Botanica Tower

1704 is a one-bedroom apartment of 813 sqft on the 17th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. The developer sold it on 31 January 2018 for AED 1,469,000, or AED 1,806 per sqft, in line with the AED 1,799 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 13 July 2022, is AED 80,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Botanica Tower
1M1.5M2009201420192024Typical 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, January 2018: AED 1,469,000 (AED 1,806 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Botanica Tower
60K80K100K2012201620202024Typical 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 2018: AED 80,000 a yearRenewal, October 2019: AED 76,000 a yearNew contract, March 2021: AED 63,000 a yearNew contract, July 2022: AED 80,000 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 1704 sits

All 225 1-beds →

1704 last sold in January 2018 at AED 1,806 per sqft, in line with what one-beds in Botanica Tower were fetching at the time (AED 1,799). 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. 1704's AED 80,000 is in the lower half 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 17th floor

All 365 units in Botanica Tower
Value
17011-bedAED 1.5M · Jan 2016
17021-bedAED 1.65M · Nov 2016
17032-bedAED 1.58M · Oct 2018
1705StudioAED 760K · Jun 2022
1706StudioAED 1.02M · Jul 2014
17071-bedAED 1.35M · Nov 2015
17082-bedAED 1.39M · Dec 2012
1–7 of 10

1704, Botanica Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 31 January 2018 for AED 1,469,000, or AED 1,806 per sqft.
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 63,000 in 2021 and recovered to AED 80,000 by July 2022.
  • At AED 80,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 9,100 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 13 July 2022.

Questions about 1704, Botanica Tower

What did unit 1704 last sell for?

AED 1,469,000 on 31 January 2018, sold by the developer: AED 1,806 per sqft for 813 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 80,000 a year on the contract signed on 13 July 2022. The previous contract, from March 2021, was AED 63,000; the unit has been rented since October 2018.

How big is unit 1704?

813 sqft (75.5 sqm): a one-bedroom apartment on the 17th floor of a 40-storey tower completed in 2016.

What is unit 1704 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 1704, Botanica Tower

Starts from the last sale price (AED 1.47M, 31 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,469,000
Deposit, UAE resident (20%)
AED 293,800
Deposit, non-resident (40%)
AED 587,600
Monthly over 25 years at 3.7%
AED 6,010

Plus AED 66,708 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →