2-bed · 1,207 sqftBotanica Tower, Dubai Marina · 17th floor · completed 2016

1708, Botanica Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 1.39M29 December 2012
Current rentAED 55K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Botanica Tower

What is 1708 worth today?

Last sold for AED 1,394,275 in 2012

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5 Jan 2025RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
5 Jan 2024RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
5 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
1 Jan 2022RentedRenewal
AED 74,000/yr12 months · AED 61 per sqft
1 Jan 2021RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft
29 Dec 2012SoldReady
AED 1,394,275AED 1,155 per sqft
19 Apr 2009Sold by developerOff-plan
AED 1,651,177AED 1,368 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
17th of 40
Parking
B2-63
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.39M · December 2012

About 1708, Botanica Tower

1708 is a two-bedroom apartment of 1,207 sqft on the 17th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 29 December 2012 for AED 1,394,275, or AED 1,155 per sqft, 19% below the AED 1,430 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 5 January 2025, is AED 55,000 a year: a gross yield of 3.9% on the 2012 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical two-bed in Botanica Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,097,600; 2010 AED 2,293,331; 2011 AED 1,556,400; 2012 AED 1,728,134; 2013 AED 2,129,228; 2014 AED 2,550,000; 2017 AED 1,935,000; 2019 AED 1,300,000; 2020 AED 1,182,500; 2021 AED 1,250,000; 2023 AED 1,905,500; 2024 AED 1,962,500; 2025 AED 1,950,000Sold by developer, April 2009: AED 1,651,177 (AED 1,368 per sqft)Sold, December 2012: AED 1,394,275 (AED 1,155 per sqft)

1708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1708, each contractTypical two-bed in Botanica Tower
50K100K150K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 141,750; 2015 AED 140,000; 2016 AED 137,500; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 80,500; 2022 AED 93,500; 2023 AED 112,500; 2024 AED 127,250; 2025 AED 120,000; 2026 AED 119,143New contract, January 2021: AED 74,000 a yearRenewal, January 2022: AED 74,000 a yearNew contract, January 2023: AED 55,000 a yearRenewal, January 2024: AED 55,000 a yearRenewal, January 2025: AED 55,000 a year

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

2-beds in Botanica Tower, and where 1708 sits

All 62 2-beds →

1708 last sold in December 2012 at AED 1,155 per sqft, 19% below what two-beds in Botanica Tower were fetching at the time (AED 1,430). 1708's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20251,950,000
28 May 20251,848,114
7 Apr 20251,960,000
17 Dec 20242,070,000
0 2-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
17041-bedAED 1.47M · Jan 2018
1705StudioAED 760K · Jun 2022
1706StudioAED 1.02M · Jul 2014
17071-bedAED 1.35M · Nov 2015
1–7 of 10

1708, Botanica Tower in numbers

  • Sold twice: first on 19 April 2009 for AED 1,651,177, last on 29 December 2012 for AED 1,394,275 (AED 1,155 per sqft).
  • Rented since January 2021 on 5 Ejari contracts, from AED 74,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2012 price is 3.9%, before a service charge of about AED 13,500 a year (AED 11.19 per sqft).

Source: Dubai Land Department. Updated 5 January 2025.

Questions about 1708, Botanica Tower

What did unit 1708 last sell for?

AED 1,394,275 on 29 December 2012: AED 1,155 per sqft for 1,207 sqft. The unit has 2 registered sales; the first was AED 1,651,177 in April 2009.

What is the rent for unit 1708?

AED 55,000 a year on the contract renewed on 5 January 2025. The previous contract, from January 2024, was AED 55,000; the unit has been rented since January 2021.

How big is unit 1708?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 17th floor of a 40-storey tower completed in 2016.

What is unit 1708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1708, Botanica Tower

Starts from the last sale price (AED 1.39M, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,394,275
Deposit, UAE resident (20%)
AED 278,855
Deposit, non-resident (40%)
AED 557,710
Monthly over 25 years at 3.7%
AED 5,704

Plus AED 63,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →