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2-bed · 1,210 sqftBotanica Tower, Dubai Marina · 7th floor · completed 2016

703, Botanica Tower

Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 29 August 2018
Last soldAED 2.55M20 November 2014
Current rentAED 116K /yr29 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Botanica Tower

What is 703 worth today?

Last sold for AED 2,550,000 in 2014

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29 Aug 2018RentedNew contract
AED 116,000/yr12 months · AED 96 per sqft
25 Jan 2015RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
20 Nov 2014SoldReady
AED 2,550,000AED 2,107 per sqft
11 Jul 2012SoldReady
AED 1,780,781AED 1,471 per sqft
23 Jun 2011Sold by developerOff-plan
AED 1,780,781AED 1,471 per sqft

Source: Dubai Land Department. Updated 29 August 2018.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
7th of 40
Parking
B3-14
Developer
Myra Real Estate Deveiopment
Completed
2016
Service charge
AED 13,500 /yr
Last sold
AED 2.55M · November 2014
Building
Botanica Tower

About 703, Botanica Tower

703 is a two-bedroom apartment of 1,210 sqft on the 7th floor of Botanica Tower, a 40-storey tower in Dubai Marina completed in 2016 by Myra Real Estate Deveiopment. It last sold on 20 November 2014 for AED 2,550,000, or AED 2,107 per sqft, in line with the AED 2,047 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 29 August 2018, is AED 116,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, June 2011: AED 1,780,781 (AED 1,471 per sqft)Sold, July 2012: AED 1,780,781 (AED 1,471 per sqft)Sold, November 2014: AED 2,550,000 (AED 2,107 per sqft)

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

Rents
Unit 703, 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, January 2015: AED 140,000 a yearNew contract, August 2018: AED 116,000 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 703 sits

All 62 2-beds →

703 last sold in November 2014 at AED 2,107 per sqft, in line with what two-beds in Botanica Tower were fetching at the time (AED 2,047). 703's AED 116,000 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 7th floor

All 365 units in Botanica Tower
Value
7011-bedAED 1.01M · Feb 2019
7021-bedAED 1.2M · Apr 2024
7041-bedAED 1.45M · Jan 2025
705StudioAED 1.12M · Dec 2025
706StudioAED 985K · Jun 2024
7071-bedAED 1.63M · Sep 2024
7082-bedAED 1.75M · Nov 2023
1–7 of 10

703, Botanica Tower in numbers

  • Sold 3 times: first on 23 June 2011 for AED 1,780,781, last on 20 November 2014 for AED 2,550,000 (AED 2,107 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, from AED 140,000 to AED 116,000 a year.
  • At AED 116,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 13,500 a year (AED 11.19 per sqft).

Source: Dubai Land Department. Updated 29 August 2018.

Questions about 703, Botanica Tower

What did unit 703 last sell for?

AED 2,550,000 on 20 November 2014: AED 2,107 per sqft for 1,210 sqft. The unit has 3 registered sales; the first was AED 1,780,781 in June 2011.

What is the rent for unit 703?

AED 116,000 a year on the contract signed on 29 August 2018. The previous contract, from January 2015, was AED 140,000.

How big is unit 703?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 7th floor of a 40-storey tower completed in 2016.

What is unit 703 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 703, Botanica Tower

Starts from the last sale price (AED 2.55M, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →