
602, Panoramic Tower
Sold prices and rental history: sold twice, last in February 2015, 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 602, Panoramic Tower
What is 602 worth today?
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Source: Dubai Land Department. Updated 20 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 6th of 7
- Parking
- B2-6002
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.55M · February 2015
- Building
- Panoramic Tower
About 602, Panoramic Tower
602 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 4 February 2015 for AED 1,550,000, or AED 1,307 per sqft, 3% below the AED 1,350 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 20 September 2019, is AED 80,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 21,400 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the two-bed median of each year in the building.
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 602 sits
All 14 2-beds →602 last sold in February 2015 at AED 1,307 per sqft, 3% below what two-beds in Panoramic Tower were fetching at the time (AED 1,350).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202510 April 2025 | 1,086 sqft | 2,500,000 | 2,301 | ||
| 17 Feb 202517 February 2025 | 1,160 sqft | 2,400,000 | 2,068 | ||
| 30 Apr 202430 April 2024 | 1,160 sqft | 1,955,000 | 1,684 | ||
| 29 Apr 202429 April 2024 | 1,086 sqft | 2,000,000 | 1,841 |
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 6th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,185 sqft | AED 1.65MAED 1,650,000 · Feb 2014February 2014 | 110,000 /yr | |
| 603 | 1-bed | 761 sqft | AED 1MAED 1,000,000 · Feb 2015February 2015 | 85,000 /yr | |
| 604 | 1-bed | 761 sqft | AED 1MAED 1,000,000 · Feb 2015February 2015 | 86,000 /yr | |
| 605 | 1-bed | 729 sqft | AED 752KAED 751,900 · Mar 2010March 2010 | 60,000 /yr | |
| 606 | 1-bed | 729 sqft | AED 1.05MAED 1,050,000 · Mar 2014March 2014 | ||
| 607 | 1-bed | 796 sqft | AED 1MAED 1,000,000 · Feb 2015February 2015 | 85,000 /yr | |
| 608 | 1-bed | 796 sqft | AED 565KAED 565,000 · Sep 2020September 2020 | 77,000 /yr | |
| 609 | 1-bed | 596 sqft | AED 637KAED 637,250 · Feb 2010February 2010 | 62,000 /yr | |
| 610 | 1-bed | 596 sqft | AED 500KAED 500,000 · May 2011May 2011 | 58,000 /yr |
602, Panoramic Tower in numbers
- Sold twice: first on 18 May 2011 for AED 503,580, last on 4 February 2015 for AED 1,550,000 (AED 1,307 per sqft).
- Rented since July 2013 on 4 Ejari contracts, from AED 115,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 21,400 a year (AED 18.09 per sqft).
Source: Dubai Land Department. Updated 20 September 2019.
Questions about 602, Panoramic Tower
What did unit 602 last sell for?
AED 1,550,000 on 4 February 2015: AED 1,307 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 602?
AED 80,000 a year on the contract signed on 20 September 2019. The previous contract, from August 2016, was AED 115,000; the unit has been rented since July 2013.
How big is unit 602?
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 602 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 602, Panoramic Tower
Starts from the last sale price (AED 1.55M, 4 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →