2-bed · 1,211 sqftBotanica Tower, Dubai Marina · 29th floor · completed 2016

2903, Botanica Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 1.85M12 June 2024
Current rentAED 100K /yr11 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Botanica Tower

What is 2903 worth today?

Last sold for AED 1,850,528 in 2024

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12 Jun 2024SoldReady
AED 1,850,528AED 1,527 per sqft
11 Oct 2022RentedRenewal
AED 100,000/yr24 months · AED 82 per sqft
11 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
2 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
2 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 115 per sqft
12 May 2014RentedNew contract
AED 160,000/yr12 months · AED 132 per sqft
29 Dec 2012SoldReady
AED 1,556,400AED 1,284 per sqft
5 Oct 2010Sold by developerOff-plan
AED 1,556,400AED 1,284 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
29th of 40
Parking
P2-11
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,600 /yr
Last sold
AED 1.85M · June 2024

About 2903, Botanica Tower

2903 is a two-bedroom apartment of 1,211 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 12 June 2024 for AED 1,850,528, or AED 1,527 per sqft, in line with the AED 1,502 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 11 October 2022, is AED 100,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 13,600 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, October 2010: AED 1,556,400 (AED 1,284 per sqft)Sold, December 2012: AED 1,556,400 (AED 1,284 per sqft)Sold, June 2024: AED 1,850,528 (AED 1,527 per sqft)

2903 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, each contractTypical two-bed in Botanica Tower
100K150K2013201720212025Typical 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, May 2014: AED 160,000 a yearNew contract, October 2016: AED 140,000 a yearRenewal, October 2020: AED 80,000 a yearNew contract, October 2021: AED 80,000 a yearRenewal, October 2022: AED 100,000 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 2903 sits

All 62 2-beds →

2903 last sold in June 2024 at AED 1,527 per sqft, in line with what two-beds in Botanica Tower were fetching at the time (AED 1,502). 2903's AED 100,000 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 29th floor

All 365 units in Botanica Tower
Value
29011-bedAED 1.43M · Feb 2018
29021-bedAED 1.27M · Oct 2012
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

2903, Botanica Tower in numbers

  • Sold 3 times: first on 5 October 2010 for AED 1,556,400, last on 12 June 2024 for AED 1,850,528 (AED 1,527 per sqft).
  • Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2021 and recovered to AED 100,000 by October 2022.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 13,600 a year (AED 11.19 per sqft).

Source: Dubai Land Department. Updated 12 June 2024.

Questions about 2903, Botanica Tower

What did unit 2903 last sell for?

AED 1,850,528 on 12 June 2024: AED 1,527 per sqft for 1,211 sqft. The unit has 3 registered sales; the first was AED 1,556,400 in October 2010.

What is the rent for unit 2903?

AED 100,000 a year on the contract renewed on 11 October 2022. The previous contract, from October 2021, was AED 80,000; the unit has been rented since May 2014.

How big is unit 2903?

1,211 sqft (112.5 sqm): a two-bedroom apartment on the 29th floor of a 40-storey tower completed in 2016.

What is unit 2903 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 2903, Botanica Tower

Starts from the last sale price (AED 1.85M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,528
Deposit, UAE resident (20%)
AED 370,106
Deposit, non-resident (40%)
AED 740,211
Monthly over 25 years at 3.7%
AED 7,571

Plus AED 82,732 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →