1-bed · 720 sqftBotanica Tower, Dubai Marina · 29th floor · completed 2016

2902, Botanica Tower

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 1.27M1 October 2012
Current rentAED 95K /yr13 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Botanica Tower

What is 2902 worth today?

Last sold for AED 1,268,335 in 2012

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13 May 2024RentedNew contract
AED 95,000/yr12 months · AED 132 per sqft
13 May 2023RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft
13 May 2021RentedRenewal
AED 64,000/yr12 months · AED 89 per sqft
13 May 2020RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
13 May 2019RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
25 Apr 2017RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
29 Apr 2016RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft
8 Mar 2015RentedNew contract
AED 110,000/yr12 months · AED 153 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
29th of 40
Parking
P2-10
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 8,100 /yr
Last sold
AED 1.27M · October 2012

About 2902, Botanica Tower

2902 is a one-bedroom apartment of 720 sqft on the 29th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 1 October 2012 for AED 1,268,335, or AED 1,762 per sqft, 27% above the AED 1,389 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 13 May 2024, is AED 95,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 8,100 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, April 2009: AED 1,268,335 (AED 1,762 per sqft)Sold, October 2012: AED 1,268,335 (AED 1,762 per sqft)

2902 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2902, each contractTypical one-bed in Botanica Tower
50K100K2012201620202024Typical 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, January 2013: AED 95,000 a yearNew contract, January 2014: AED 105,000 a yearNew contract, August 2014: AED 119,000 a yearNew contract, March 2015: AED 110,000 a yearNew contract, April 2016: AED 105,000 a yearNew contract, April 2017: AED 100,000 a yearNew contract, May 2019: AED 85,000 a yearRenewal, May 2020: AED 60,000 a yearRenewal, May 2021: AED 64,000 a yearRenewal, May 2023: AED 85,000 a yearNew contract, May 2024: AED 95,000 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 2902 sits

All 225 1-beds →

2902 last sold in October 2012 at AED 1,762 per sqft, 27% above what one-beds in Botanica Tower were fetching at the time (AED 1,389). 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. 2902's AED 95,000 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 29th floor

All 365 units in Botanica Tower
Value
29011-bedAED 1.43M · Feb 2018
29032-bedAED 1.85M · Jun 2024
29041-bedAED 1.93M · Apr 2009
2905StudioAED 1.15M · Dec 2009
2906StudioAED 1.02M · Aug 2024
29071-bedAED 1.7M · Nov 2023
29082-bedAED 900K · Jan 2021
1–7 of 10

2902, Botanica Tower in numbers

  • Sold twice: first on 30 April 2009 for AED 1,268,335, last on 1 October 2012 for AED 1,268,335 (AED 1,762 per sqft).
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 95,000 by May 2024.
  • At AED 95,000 a year the gross yield on the 2012 price is 7.5%, 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 13 May 2024.

Questions about 2902, Botanica Tower

What did unit 2902 last sell for?

AED 1,268,335 on 1 October 2012: AED 1,762 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,268,335 in April 2009.

What is the rent for unit 2902?

AED 95,000 a year on the contract signed on 13 May 2024. The previous contract, from May 2023, was AED 85,000; the unit has been rented since January 2013.

How big is unit 2902?

720 sqft (66.9 sqm): a one-bedroom apartment on the 29th floor of a 40-storey tower completed in 2016.

What is unit 2902 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 2902, Botanica Tower

Starts from the last sale price (AED 1.27M, 1 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,335
Deposit, UAE resident (20%)
AED 253,667
Deposit, non-resident (40%)
AED 507,334
Monthly over 25 years at 3.7%
AED 5,189

Plus AED 58,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →