701, Panoramic Tower
Sold prices and rental history: sold twice, last in September 2023, 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 701, Panoramic Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 7th of 7
- Parking
- B2-7001
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.25M · September 2023
- Building
- Panoramic Tower
About 701, Panoramic Tower
701 is a one-bedroom apartment of 729 sqft on the 7th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 21 September 2023 for AED 1,250,000, or AED 1,714 per sqft, 30% above the AED 1,316 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 December 2024, is AED 90,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 13,200 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 56 1-beds →701 last sold in September 2023 at AED 1,714 per sqft, 30% above what one-beds in Panoramic Tower were fetching at the time (AED 1,316). 701's AED 90,000 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 7th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 729 sqft | AED 750KAED 750,000 · Jul 2012July 2012 | 83,000 /yr | |
| 703 | 1-bed | 796 sqft | AED 760KAED 760,000 · May 2021May 2021 | 75,000 /yr | |
| 704 | 1-bed | 796 sqft | AED 1.28MAED 1,275,000 · Jun 2014June 2014 | 68,000 /yr | |
| 705 | 1-bed | 596 sqft | AED 850KAED 850,000 · Jul 2010July 2010 | 70,000 /yr | |
| 706 | 1-bed | 596 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 55,000 /yr | |
| 7P1 | Penthouse | 3,982 sqft | AED 1.94MAED 1,940,000 · Jul 2010July 2010 | 250,000 /yr |
701, Panoramic Tower in numbers
- Sold twice: first on 5 July 2015 for AED 656,064, last on 21 September 2023 for AED 1,250,000 (AED 1,714 per sqft).
- Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 83,000 to AED 43,800 in 2020 and recovered to AED 90,000 by December 2024.
- At AED 90,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 13,200 a year (AED 18.09 per sqft).
Source: Dubai Land Department. Updated 20 December 2024.
Questions about 701, Panoramic Tower
What did unit 701 last sell for?
AED 1,250,000 on 21 September 2023: AED 1,714 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 656,064 in July 2015.
What is the rent for unit 701?
AED 90,000 a year on the contract renewed on 20 December 2024. The previous contract, from December 2023, was AED 90,000; the unit has been rented since October 2013.
How big is unit 701?
729 sqft (67.7 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2008.
What is unit 701 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 701, Panoramic Tower
Starts from the last sale price (AED 1.25M, 21 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →