Cash Buyer Only | Furnished | Vacant | Clear Non-Mortgaged | Immediate Transfer | 465.75 Sq Ft | 11th Floor | Community View | Balcony | 1 Parking | Dubai Marina
A clear and straightforward distress opportunity in Botanica Tower, Dubai Marina — a furnished, vacant studio on the 11th floor with a community view, a balcony, and 1 allotted parking space, available for cash buyers only at AED 880,000 with immediate transfer. The property is clear and non-mortgaged — there is no outstanding bank liability, no charge registered against the title, and no complications in the title deed transfer. Cash buyers can complete this transaction swiftly, with the title deed registration at the Dubai Land Department achievable within the shortest possible timeframe. The studio is furnished and vacant — the incoming buyer receives a complete, furnished, and immediately habitable or immediately rentable apartment without any setup investment, furnishing cost, or waiting period. Parking in Dubai Marina is a genuinely scarce and valuable commodity — the 1 allotted parking space included in this unit is a significant added-value attribute that many comparable studios in Dubai Marina do not come with, and one that directly enhances both the rental rate and the tenant quality the unit can attract. Botanica Tower is one of Select Group's completed Dubai Marina developments — a 42-storey residential building delivered in November 2011 with a pool, gym, underground parking, and 24/7 security — a well-managed, established building with over a decade of occupancy and rental track record in Dubai's most internationally recognised waterfront community.
Property Highlights
- Building: Botanica Tower, Dubai Marina, Dubai
- Developer: Select Group (through Global Group International Ltd.)
- Unit Type: Studio
- Total Area: 465.75 sq ft
- Suite Area: 388.04 sq ft
- Balcony Area: 77.72 sq ft
- Floor: 11th
- View: Community view
- Balcony: Yes
- Parking: 1 allotted space included
- Furnishing: Furnished
- Occupancy: Vacant — immediate possession on transfer
- Property Status: Clear — non-mortgaged — ready for immediate transfer
- Buyer Requirement: Cash only — no mortgage buyers
- Service Charge: AED 18.13 per sq ft per year (approximately AED 8,444 per year)
- Asking Price: AED 880,000
- Price per Sq Ft (Total): AED 1,889
- Price per Sq Ft (Suite Only): AED 2,268
- Property Status Classification: Ready — Vacant — Distress — Cash Only
What Cash Only Means — and Why It Creates Opportunity
A cash-only requirement on a property sale is one of the clearest signals of genuine seller motivation in the Dubai market. The seller's insistence on a cash buyer — rather than accepting mortgage-financed offers — indicates that the speed and certainty of a non-mortgage transaction is a priority above maximising the buyer pool. Cash transactions in Dubai can be completed at the DLD in a matter of days from offer acceptance. Mortgage transactions involve bank valuation, credit approval, loan processing, and NOC requirements that add weeks to the timeline. The seller at AED 880,000, cash only, is willing to restrict their potential buyer pool — and potentially forgo higher offers from mortgage buyers — in exchange for the speed and certainty of a cash close. For the cash buyer, this creates a clear negotiating and pricing advantage: you are the buyer the seller is specifically targeting, and the cash certainty you provide has a defined value to the seller that is reflected in the transaction structure.
Why Parking Matters in Dubai Marina
Parking in Dubai Marina is one of the most persistently scarce residential amenities in any of Dubai's major communities. The Marina's density, its commercial and hospitality activity, and the volume of residents and visitors competing for surface and basement parking spaces make the availability of an allocated, deeded parking space a material value driver for any Dubai Marina apartment. Studios without parking are more difficult to tenant, attract lower rents, and have a narrower buyer pool at resale. This specific studio in Botanica Tower includes 1 allotted parking space — providing the incoming owner or tenant with a dedicated, guaranteed parking position within the building's underground parking facility. For the investor, this translates directly into a larger tenant pool, better tenant quality, and higher achievable rent than an equivalent parking-less studio in the same building or tower. For the end user, it means the convenience and daily reliability that Dubai Marina residents consistently identify as a primary lifestyle requirement.
About Botanica Tower — Dubai Marina, Dubai
Botanica Tower is a 42-storey residential building in Dubai Marina, developed by Select Group through its subsidiary Global Group International Ltd. and completed in November 2011. Select Group is one of the most prolific and quality-consistent residential developers in Dubai Marina — responsible for a significant share of the Marina's mid-to-premium residential stock and known for delivering well-constructed, professionally managed buildings with enduring occupancy and rental demand. Botanica Tower has been a stable and consistently occupied residential address in Dubai Marina since its completion — its pool, gym, underground parking, and 24/7 security programme maintained to a standard that reflects Select Group's long-term community management commitment. At 42 storeys, Botanica Tower provides a full range of floor levels from low to high, with the 11th floor providing a comfortable community view that is above the lower-floor density while remaining accessible via lift without the premium pricing associated with the tower's upper levels. Dubai Marina itself is one of Dubai's most internationally recognised, mature, and demand-consistent residential communities — a waterfront promenade and canal environment surrounded by retail, dining, fitness, and leisure infrastructure that provides residents and investors with one of the most reliable rental demand bases in the entire Dubai market.
Community and Lifestyle
- Botanica Tower — 42-storey Select Group building, Dubai Marina, completed 2011
- 11th floor — comfortable elevation with community view and balcony
- 1 allotted parking space — rare and valuable in Dubai Marina
- Furnished — complete interior, zero setup investment
- Vacant — immediate possession and rental activation
- Clear and non-mortgaged — clean title deed, fastest possible transfer
- Cash only — seller motivated, transaction speed premium
- Dubai Marina Walk — dining, retail, and waterfront promenade within walking distance
- JBR The Walk and The Beach — approximately 5 to 10 minutes on foot
- Dubai Marina Mall — within the community
- Dubai Tram and Metro — connectivity across Dubai from Marina stations
Investment Case — Botanica Studio, Dubai Marina
At AED 880,000 for a furnished, parked, vacant studio in a completed and well-managed building in Dubai Marina, the investment case centres on immediate rental activation, competitive yield, and long-term capital appreciation in one of Dubai's most consistently demand-driven residential communities. Dubai Marina studios with parking command rental premiums above parking-less equivalents. A furnished studio in Botanica Tower at AED 880,000 provides a basis for gross rental yields that compare favourably with the broader Dubai Marina studio market. Service charge of approximately AED 8,444 per year (AED 703 per month) is a defined operating cost that can be modelled against the achievable rent.
Indicative Yield Calculation
- Purchase Price: AED 880,000
- Annual Rental at AED 65,000: Gross yield approximately 7.39%
- Annual Rental at AED 70,000: Gross yield approximately 7.95%
- Annual Rental at AED 75,000: Gross yield approximately 8.52%
- Annual Service Charge: Approximately AED 8,444 (AED 18.13/sqft × 465.75 sqft)
- Specific comparable rental rates and current market data: Available on request from our team
Amenities — Botanica Tower
- Swimming pool
- Underground parking — 1 allotted space included with this unit
- Gymnasium
- 24/7 security
- Lobby and building management
- Lift access to all floors
- Dubai Marina Walk, retail, dining, and promenade — adjacent
- Dubai Marina Mall — within the community
- Dubai Tram Stop — within the Marina community
Estimated Buyer All-In Cost
- Purchase Price (Cash): AED 880,000
- DLD Transfer Fee (4%): AED 35,200
- DLD Administrative Fee: Approximately AED 580
- Agency Commission (2% + VAT): Approximately AED 18,480
- Total Estimated Buyer All-In: Approximately AED 934,260
- Annual Service Charge: Approximately AED 8,444
- Cash Only: No mortgage financing — bank valuation and loan approval not applicable
Location and Connectivity
- Building: Botanica Tower, Dubai Marina, Dubai
- Key Roads: Sheikh Zayed Road (E11), Al Sufouh Road
- Dubai Marina Walk and Promenade: Adjacent — walking distance
- JBR The Walk and The Beach: Approximately 5 to 10 minutes on foot
- Dubai Marina Mall: Within the community
- Bluewaters Island and Ain Dubai: Approximately 5 to 10 minutes by car
- Palm Jumeirah: Approximately 10 to 15 minutes by car
- Mall of the Emirates: Approximately 10 to 15 minutes by car
- Downtown Dubai and Burj Khalifa: Approximately 20 to 25 minutes by car
- Dubai International Airport (DXB): Approximately 25 to 30 minutes by car
- Dubai Tram: Within Dubai Marina — connectivity to Metro
Why This Botanica Studio Is a Cash Buyer Opportunity
- Cash only — seller motivated, transaction speed prioritised over buyer pool maximisation
- Furnished — zero setup cost, immediate rental or occupation
- Vacant — immediate possession from day one of ownership
- Clear non-mortgaged — cleanest possible title deed transfer, fastest DLD processing
- 1 allotted parking — rare and high-value attribute for Dubai Marina studios
- Balcony — outdoor space on 11th floor community view
- 465.75 sq ft — practical studio footprint with 77.72 sq ft balcony extension
- AED 880,000 — competitive for a parked furnished studio in a Select Group Marina building
- Botanica Tower — well-managed 42-storey Select Group building, stable occupancy since 2011
- Dubai Marina — one of Dubai's most consistently demand-driven rental communities
- Freehold — available to all nationalities worldwide
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
