2-bed · 1,208 sqftBotanica Tower, Dubai Marina · 32nd floor · completed 2016

3208, Botanica Tower

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3208 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.93M15 July 2024
Current rentAED 120K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3208, Botanica Tower

What is 3208 worth today?

Last sold for AED 1,925,000 in 2024

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15 Jul 2024SoldReady
AED 1,925,000AED 1,593 per sqft
20 May 2023RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
29 Aug 2022RentedNew contract
AED 96,800/yr12 months · AED 80 per sqft
16 Dec 2020SoldReady
AED 1,010,000AED 836 per sqft
28 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
28 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 91 per sqft
28 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
10 Aug 2016RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,208 sqft
Floor
32nd of 40
Parking
P2-52
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 1.93M · July 2024

About 3208, Botanica Tower

3208 is a two-bedroom apartment of 1,208 sqft on the 32nd floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 15 July 2024 for AED 1,925,000, or AED 1,593 per sqft, 5% above the AED 1,512 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 May 2023, is AED 120,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3208 over time

Sales
Unit 3208, 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, March 2009: AED 2,588,261 (AED 2,142 per sqft)Sold, February 2014: AED 2,588,261 (AED 2,142 per sqft)Sold, March 2014: AED 2,200,000 (AED 1,821 per sqft)Sold, December 2020: AED 1,010,000 (AED 836 per sqft)Sold, July 2024: AED 1,925,000 (AED 1,593 per sqft)

3208 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3208, 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, April 2014: AED 149,584 a yearNew contract, April 2015: AED 150,000 a yearRenewal, April 2016: AED 150,000 a yearNew contract, August 2016: AED 125,000 a yearNew contract, August 2017: AED 115,000 a yearRenewal, August 2018: AED 110,000 a yearRenewal, August 2019: AED 100,000 a yearNew contract, August 2022: AED 96,800 a yearNew contract, May 2023: AED 120,000 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 3208 sits

All 62 2-beds →

3208 last sold in July 2024 at AED 1,593 per sqft, 5% above what two-beds in Botanica Tower were fetching at the time (AED 1,512). 3208's AED 120,000 is in the lower half 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 32nd floor

All 365 units in Botanica Tower
Value
32011-bedAED 1.33M · Jan 2019
32021-bedAED 1.05M · Oct 2012
32032-bedAED 2.8M · Mar 2016
3204AED 1.55M · Jan 2024
3205StudioAED 670K · Nov 2021
3206StudioAED 500K · Feb 2013
32071-bedAED 1.13M · Oct 2012
1–7 of 10

3208, Botanica Tower in numbers

  • Sold 5 times: first on 26 March 2009 for AED 2,588,261, last on 15 July 2024 for AED 1,925,000 (AED 1,593 per sqft).
  • Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 149,584 to AED 96,800 in 2022 and recovered to AED 120,000 by May 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 13,500 a year (AED 11.19 per sqft).

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 3208, Botanica Tower

What did unit 3208 last sell for?

AED 1,925,000 on 15 July 2024: AED 1,593 per sqft for 1,208 sqft. The unit has 5 registered sales; the first was AED 2,588,261 in March 2009.

What is the rent for unit 3208?

AED 120,000 a year on the contract signed on 20 May 2023. The previous contract, from August 2022, was AED 96,800; the unit has been rented since April 2014.

How big is unit 3208?

1,208 sqft (112.2 sqm): a two-bedroom apartment on the 32nd floor of a 40-storey tower completed in 2016.

What is unit 3208 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 3208, Botanica Tower

Starts from the last sale price (AED 1.93M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

Plus AED 85,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →