2-bed · 1,112 sqftPanoramic Tower, Dubai Marina · 3rd floor · completed 2008

301, Panoramic Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 2.02M19 October 2023
Current rentAED 75K /yr15 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Panoramic Tower

What is 301 worth today?

Last sold for AED 2,020,000 in 2023

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19 Oct 2023SoldReady
AED 2,020,000AED 1,815 per sqft
25 Jan 2021SoldReady
AED 1,100,000AED 988 per sqft
15 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 67 per sqft
1 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
1 Dec 2014RentedRenewal
AED 115,000/yr12 months · AED 103 per sqft
1 Dec 2013RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
23 Dec 2009Sold by developerReady
AED 1,137,500AED 1,022 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
2-bed apartment
Size
1,112 sqft
Floor
3rd of 7
Parking
B1-3001
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 2.02M · October 2023

About 301, Panoramic Tower

301 is a two-bedroom apartment of 1,112 sqft on the 3rd floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 19 October 2023 for AED 2,020,000, or AED 1,815 per sqft, in line with the AED 1,815 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 February 2020, is AED 75,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Panoramic Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 962,040; 2011 AED 503,580; 2013 AED 1,460,000; 2014 AED 1,600,000; 2023 AED 2,020,000Sold by developer, December 2009: AED 1,137,500 (AED 1,022 per sqft)Sold, January 2021: AED 1,100,000 (AED 988 per sqft)Sold, October 2023: AED 2,020,000 (AED 1,815 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Panoramic Tower
100K2013201720212025Typical rent by year: 2013 AED 113,500; 2014 AED 122,184; 2015 AED 132,500; 2016 AED 122,320; 2017 AED 107,500; 2018 AED 93,000; 2019 AED 84,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 83,625; 2023 AED 93,125; 2024 AED 120,000; 2025 AED 130,000New contract, December 2013: AED 100,000 a yearRenewal, December 2014: AED 115,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, February 2020: AED 75,000 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 Panoramic Tower, and where 301 sits

All 14 2-beds →

301 last sold in October 2023 at AED 1,815 per sqft, in line with what two-beds in Panoramic Tower were fetching at the time (AED 1,815).

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 20252,500,000
17 Feb 20252,400,000
30 Apr 20241,955,000
29 Apr 20242,000,000
0 2-bed sales in the last 12 months

Panoramic Tower

Building

73 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 83K /yr
Typical yield
Panoramic Tower, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 73 units in Panoramic Tower
Value
3022-bedAED 1.3M · Feb 2023
3031-bedAED 625K · Sep 2020
3041-bedAED 605K · Jul 2020
3051-bedAED 610K · Feb 2021
3061-bedAED 630K · Jan 2021
3071-bedAED 852K · Aug 2009
3081-bedAED 955K · Nov 2013
1–7 of 9

301, Panoramic Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 1,137,500, last on 19 October 2023 for AED 2,020,000 (AED 1,815 per sqft).
  • Rented since December 2013 on 4 Ejari contracts, from AED 100,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 20,100 a year (AED 18.09 per sqft).

Source: Dubai Land Department. Updated 19 October 2023.

Questions about 301, Panoramic Tower

What did unit 301 last sell for?

AED 2,020,000 on 19 October 2023: AED 1,815 per sqft for 1,112 sqft. The unit has 3 registered sales; the first was AED 1,137,500 in December 2009.

What is the rent for unit 301?

AED 75,000 a year on the contract signed on 15 February 2020. The previous contract, from October 2018, was AED 90,000; the unit has been rented since December 2013.

How big is unit 301?

1,112 sqft (103.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2008.

What is unit 301 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 301, Panoramic Tower

Starts from the last sale price (AED 2.02M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,020,000
Deposit, UAE resident (20%)
AED 404,000
Deposit, non-resident (40%)
AED 808,000
Monthly over 25 years at 3.7%
AED 8,264

Plus AED 89,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →