GT2, Panoramic Tower
Sold prices and rental history: sold once, by the developer in July 2010, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for GT2, Panoramic Tower
What is GT2 worth today?
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Source: Dubai Land Department. Updated 7 September 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 4,932 sqft
- Floor
- Ground of 7
- Parking
- B1-T2
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 89,200 /yr
- Last sold
- AED 3.5M · July 2010
- Building
- Panoramic Tower
About GT2, Panoramic Tower
GT2 is a three-bedroom apartment of 4,932 sqft on the ground 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 1 July 2010 for AED 3,500,000, or AED 709 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 7 September 2020, is AED 95,000 a year: a gross yield of 2.7% on the 2010 price, before the service charge of about AED 89,200 a year.
3-beds in Panoramic Tower, and where GT2 sits
All 2 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jul 202225 July 2022 | 4,787 sqft | 3,617,349 | 755 |
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 ground floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,033 sqft | AED 1.2MAED 1,200,000 · Sep 2013September 2013 | 98,000 /yr | |
| G02 | 2-bed | 1,033 sqft | AED 1.6MAED 1,600,000 · May 2014May 2014 | 130,000 /yr | |
| G03 | 1-bed | 681 sqft | AED 740KAED 740,000 · Sep 2013September 2013 | 85,000 /yr | |
| G04 | 1-bed | 681 sqft | AED 770KAED 770,000 · Jul 2013July 2013 | 48,000 /yr | |
| GT1 | 3-bed | 4,787 sqft | AED 3.62MAED 3,617,349 · Jul 2022July 2022 | 120,000 /yr |
GT2, Panoramic Tower in numbers
- Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 1 July 2010 for AED 3,500,000, or AED 709 per sqft.
- Rented since November 2014 on 2 Ejari contracts, from AED 200,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2010 price is 2.7%, before a service charge of about AED 89,200 a year (AED 18.09 per sqft).
Source: Dubai Land Department. Updated 7 September 2020.
Questions about GT2, Panoramic Tower
What did unit GT2 last sell for?
AED 3,500,000 on 1 July 2010, sold by the developer: AED 709 per sqft for 4,932 sqft. It is the only registered sale of the unit.
What is the rent for unit GT2?
AED 95,000 a year on the contract signed on 7 September 2020. The previous contract, from November 2014, was AED 200,000.
How big is unit GT2?
4,932 sqft (458.2 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2008.
What is unit GT2 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 GT2, Panoramic Tower
Starts from the last sale price (AED 3.5M, 1 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →