Botanica Tower — project image
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Botanica Tower

From AED 11.00M·Completed Nov 2011·Developer payment plan available Payment
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AED 11.00M
Starting Price
Nov 2011
Handover
Developer payment plan available
Payment Plan
5 BR · Penthouse
Type

Project Overview

Botanica Tower is a waterfront 41-storey complex in Dubai Marina, Dubai. The developer of the project is Select Group. The building is a multifunctional building. It features 1-2 bedroom apartments, studios, 5-bedroom penthouses and 2-bedroom villas. On the ground floor there are several retail outlets, and on the 27th floor - Sky Garden, which is a unique feature of the complex. The complex has a well-maintained and cosy lobby, and there is a large swimming pool on site. Botanica Tower amenities include: covered parking with dedicated parking spaces for residents, high-speed lifts providing quick access to the upper floors of the building, 24-hour CCTV and security, fire extinguishers and smoke alarms, entertainment venues, fitness centre, gym, swimming pools, steam baths and Jacuzzis. Botanica Tower is located near Sheikh Zayed Road. Transport links are well developed. There are public transport stops near the complex - metro, buses and trams. The complex is approximately 21 minutes drive to Dubai Mall, 13 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 5 minutes to The Walk JBR. Dubai International Airport is approximately 29 minutes‘ drive away and Al Maktoum International Airport is approximately 35 minutes’ drive away.

Project Specifications
DeveloperSelect Group
LocationJumeirah Beach Residence
Unit Types5 BR, Penthouse
AreaJumeirah Beach Residence
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 474,650 / year
Cash-on-Cash
2.2%
Levered cashflow AED 111,650
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 5.06M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Select Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Covered Parking
Kids Play Area
Landscaped garden
Lift
Lobby
Resting Areas
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Sitting Area
Social zone

Location

Jumeirah Beach Residence

Nearby Destinations

Jumeirah Beach Residence

Developer and Project Facts

01

Botanica Tower by Select Group

02

Located in Jumeirah Beach Residence

03

Starting from AED 11,000,000

04

Unit mix includes 5 BR, Penthouse

05

Expected handover: Nov 2011

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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