1-bed · 796 sqftPanoramic Tower, Dubai Marina · 6th floor · completed 2008

607, Panoramic Tower

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1M4 February 2015
Current rentAED 85K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Panoramic Tower

What is 607 worth today?

Last sold for AED 1,000,000 in 2015

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25 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
25 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
25 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
11 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
14 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
1 Mar 2017RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
1 Mar 2016RentedNew contract
AED 73,000/yr12 months · AED 92 per sqft
1 Mar 2015RentedNew contract
AED 73,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
6th of 7
Parking
B2-6007
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 14,400 /yr
Last sold
AED 1M · February 2015

About 607, Panoramic Tower

607 is a one-bedroom apartment of 796 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 1,000,000, or AED 1,255 per sqft, 4% below the AED 1,314 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 85,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 14,400 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, May 2011: AED 346,920 (AED 435 per sqft)Sold, February 2015: AED 1,000,000 (AED 1,255 per sqft)

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

Rents
Unit 607, 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, June 2014: AED 64,200 a yearNew contract, March 2015: AED 73,000 a yearNew contract, March 2016: AED 73,000 a yearNew contract, March 2017: AED 78,000 a yearNew contract, September 2017: AED 75,000 a yearNew contract, November 2020: AED 43,000 a yearNew contract, November 2022: AED 70,000 a yearNew contract, November 2023: AED 85,000 a yearRenewal, November 2024: AED 85,000 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 607 sits

All 56 1-beds →

607 last sold in February 2015 at AED 1,255 per sqft, 4% below what one-beds in Panoramic Tower were fetching at the time (AED 1,314). 607's AED 85,000 is in the lower half 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 6th floor

All 73 units in Panoramic Tower
Value
6012-bedAED 1.65M · Feb 2014
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
6081-bedAED 565K · Sep 2020
1–7 of 9

607, Panoramic Tower in numbers

  • Sold twice: first on 18 May 2011 for AED 346,920, last on 4 February 2015 for AED 1,000,000 (AED 1,255 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 64,200 to AED 43,000 in 2020 and recovered to AED 85,000 by November 2024.
  • At AED 85,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 14,400 a year (AED 18.09 per sqft).

Source: Dubai Land Department. Updated 25 November 2024.

Questions about 607, Panoramic Tower

What did unit 607 last sell for?

AED 1,000,000 on 4 February 2015: AED 1,255 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 346,920 in May 2011.

What is the rent for unit 607?

AED 85,000 a year on the contract renewed on 25 November 2024. The previous contract, from November 2023, was AED 85,000; the unit has been rented since June 2014.

How big is unit 607?

796 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2008.

What is unit 607 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 607, Panoramic Tower

Starts from the last sale price (AED 1M, 4 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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