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1-bed · 715 sqftPanoramic Tower, Dubai Marina · 3rd floor · completed 2008

304, Panoramic Tower

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 10 July 2022
Last soldAED 605K7 July 2020
Current rentAED 69K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Panoramic Tower

What is 304 worth today?

Last sold for AED 605,000 in 2020

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10 Jul 2022RentedNew contract
AED 69,000/yr12 months · AED 97 per sqft
22 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
7 Jul 2020SoldReady
AED 605,000AED 846 per sqft
12 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
12 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 98 per sqft
21 Jul 2012RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
23 Dec 2009Sold by developerReady
AED 690,000AED 964 per sqft

Source: Dubai Land Department. Updated 10 July 2022.

Key facts

Type
1-bed apartment
Size
715 sqft
Floor
3rd of 7
Parking
B1-3004
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 12,900 /yr
Last sold
AED 605K · July 2020
Building
Panoramic Tower

About 304, Panoramic Tower

304 is a one-bedroom apartment of 715 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 7 July 2020 for AED 605,000, or AED 846 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 10 July 2022, is AED 69,000 a year: a gross yield of 11.4% on the 2020 price, before the service charge of about AED 12,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Panoramic Tower
500K1M20092013201720212025Typical sale price by year: 2009 AED 730,000; 2010 AED 675,000; 2011 AED 451,338; 2012 AED 685,000; 2013 AED 736,125; 2014 AED 1,150,000; 2015 AED 1,000,000; 2017 AED 900,000; 2020 AED 605,000; 2021 AED 630,000; 2023 AED 940,000; 2024 AED 1,058,319Sold by developer, December 2009: AED 690,000 (AED 964 per sqft)Sold, July 2020: AED 605,000 (AED 846 per sqft)

304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Panoramic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 66,000; 2014 AED 77,000; 2015 AED 86,000; 2016 AED 82,500; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 77,000; 2025 AED 77,000; 2026 AED 82,500New contract, July 2012: AED 50,000 a yearNew contract, September 2018: AED 70,000 a yearNew contract, September 2019: AED 65,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, July 2022: AED 69,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Panoramic Tower, and where 304 sits

All 56 1-beds →

304's AED 69,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 20251,080,000
7 Apr 20251,100,000
4 Sep 20241,200,000
27 Mar 2024736,000
0 1-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
3012-bedAED 2.02M · Oct 2023
3022-bedAED 1.3M · Feb 2023
3031-bedAED 625K · Sep 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

304, Panoramic Tower in numbers

  • Sold twice: first on 23 December 2009 for AED 690,000, last on 7 July 2020 for AED 605,000 (AED 846 per sqft).
  • Rented since July 2012 on 5 Ejari contracts, from AED 50,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2020 price is 11.4%, before a service charge of about AED 12,900 a year (AED 18.09 per sqft).

Source: Dubai Land Department. Updated 10 July 2022.

Questions about 304, Panoramic Tower

What did unit 304 last sell for?

AED 605,000 on 7 July 2020: AED 846 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 690,000 in December 2009.

What is the rent for unit 304?

AED 69,000 a year on the contract signed on 10 July 2022. The previous contract, from December 2020, was AED 45,000; the unit has been rented since July 2012.

How big is unit 304?

715 sqft (66.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2008.

What is unit 304 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 304, Panoramic Tower

Starts from the last sale price (AED 605K, 7 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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