506, Panoramic Tower
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Panoramic Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 29 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 5th of 7
- Parking
- B2-5006
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 13,200 /yr
- Last sold
- AED 730K · May 2009
- Building
- Panoramic Tower
About 506, Panoramic Tower
506 is a one-bedroom apartment of 729 sqft on the 5th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). The developer sold it on 10 May 2009 for AED 730,000, or AED 1,001 per sqft, in line with the AED 1,001 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 29 June 2025, is AED 73,370 a year: a gross yield of 10.1% on the 2009 price, before the service charge of about AED 13,200 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 56 1-beds →506 last sold in May 2009 at AED 1,001 per sqft, in line with what one-beds in Panoramic Tower were fetching at the time (AED 1,001). 506's AED 73,370 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202511 June 2025 | 596 sqft | 1,080,000 | 1,812 | ||
| 7 Apr 20257 April 2025 | 596 sqft | 1,100,000 | 1,845 | ||
| 4 Sep 20244 September 2024 | 729 sqft | 1,200,000 | 1,646 | ||
| 27 Mar 202427 March 2024 | 596 sqft | 736,000 | 1,235 |
Panoramic Tower
Building73 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
Other units on the 5th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,160 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 95,000 /yr | |
| 502 | 2-bed | 1,160 sqft | AED 1.75MAED 1,750,000 · Dec 2013December 2013 | 130,000 /yr | |
| 503 | 1-bed | 748 sqft | AED 736KAED 736,125 · Jan 2013January 2013 | 85,000 /yr | |
| 504 | 1-bed | 748 sqft | AED 736KAED 736,125 · Jan 2013January 2013 | 70,000 /yr | |
| 505 | 1-bed | 729 sqft | AED 725KAED 725,000 · May 2016May 2016 | 74,750 /yr | |
| 507 | 1-bed | 796 sqft | AED 780KAED 780,000 · Feb 2009February 2009 | 85,000 /yr | |
| 508 | 1-bed | 796 sqft | No registered sale | ||
| 509 | 1-bed | 596 sqft | AED 970KAED 970,000 · May 2015May 2015 | 75,000 /yr | |
| 510 | 1-bed | 596 sqft | AED 934KAED 934,179 · Mar 2024March 2024 | 44,000 /yr |
506, Panoramic Tower in numbers
- Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 10 May 2009 for AED 730,000, or AED 1,001 per sqft.
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 48,000 in 2021 and recovered to AED 73,370 by June 2025.
- At AED 73,370 a year the gross yield on the 2009 price is 10.1%, before a service charge of about AED 13,200 a year (AED 18.09 per sqft).
Source: Dubai Land Department. Updated 29 June 2025.
Questions about 506, Panoramic Tower
What did unit 506 last sell for?
AED 730,000 on 10 May 2009, sold by the developer: AED 1,001 per sqft for 729 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 73,370 a year on the contract renewed on 29 June 2025. The previous contract, from June 2024, was AED 73,370; the unit has been rented since October 2013.
How big is unit 506?
729 sqft (67.7 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2008.
What is unit 506 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 506, Panoramic Tower
Starts from the last sale price (AED 730K, 10 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →