2-bed · 1,185 sqftPanoramic Tower, Dubai Marina · 6th floor · completed 2008

601, Panoramic Tower

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.65M27 February 2014
Current rentAED 110K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Panoramic Tower

What is 601 worth today?

Last sold for AED 1,650,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2024RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
1 Sep 2023RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
1 Sep 2022RentedNew contract
AED 86,250/yr12 months · AED 73 per sqft
1 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
1 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
22 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
22 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
8 Apr 2015RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
6th of 7
Parking
B2-6001
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 21,400 /yr
Last sold
AED 1.65M · February 2014

About 601, Panoramic Tower

601 is a two-bedroom apartment of 1,185 sqft on the 6th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 27 February 2014 for AED 1,650,000, or AED 1,392 per sqft, in line with the AED 1,392 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 110,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 21,400 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, May 2011: AED 503,580 (AED 424 per sqft)Sold, February 2014: AED 1,650,000 (AED 1,392 per sqft)

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

Rents
Unit 601, 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, January 2014: AED 88,000 a yearNew contract, January 2014: AED 88,000 a yearNew contract, April 2015: AED 125,000 a yearNew contract, October 2016: AED 115,000 a yearNew contract, December 2017: AED 110,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearNew contract, September 2022: AED 86,250 a yearRenewal, September 2023: AED 100,000 a yearRenewal, September 2024: AED 110,000 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 601 sits

All 14 2-beds →

601 last sold in February 2014 at AED 1,392 per sqft, in line with what two-beds in Panoramic Tower were fetching at the time (AED 1,392).

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 6th floor

All 73 units in Panoramic Tower
Value
6022-bedAED 1.55M · Feb 2015
6031-bedAED 1M · Feb 2015
6041-bedAED 1M · Feb 2015
6051-bedAED 752K · Mar 2010
6061-bedAED 1.05M · Mar 2014
6071-bedAED 1M · Feb 2015
6081-bedAED 565K · Sep 2020
1–7 of 9

601, Panoramic Tower in numbers

  • Sold twice: first on 18 May 2011 for AED 503,580, last on 27 February 2014 for AED 1,650,000 (AED 1,392 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 88,000 to AED 75,000 in 2021 and recovered to AED 110,000 by September 2024.
  • At AED 110,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 21,400 a year (AED 18.09 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 601, Panoramic Tower

What did unit 601 last sell for?

AED 1,650,000 on 27 February 2014: AED 1,392 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 503,580 in May 2011.

What is the rent for unit 601?

AED 110,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 100,000; the unit has been rented since January 2014.

How big is unit 601?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2008.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 601, Panoramic Tower

Starts from the last sale price (AED 1.65M, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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