1-bed · 596 sqftPanoramic Tower, Dubai Marina · 3rd floor · completed 2008

309, Panoramic Tower

Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 600K5 July 2012
Current rentAED 54K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Panoramic Tower

What is 309 worth today?

Last sold for AED 600,000 in 2012

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1 Feb 2023RentedNew contract
AED 54,000/yr12 months · AED 91 per sqft
20 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
8 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
1 May 2020RentedRenewal
AED 48,000/yr12 months · AED 81 per sqft
1 May 2019RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
2 Apr 2016RentedNew contract
AED 78,000/yr12 months · AED 132 per sqft
13 Jan 2014RentedNew contract
AED 62,416/yr14 months · AED 105 per sqft
5 Jul 2012Sold by developerReady
AED 600,000AED 1,006 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
3rd of 7
Parking
B2-3009
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 10,800 /yr
Last sold
AED 600K · July 2012

About 309, Panoramic Tower

309 is a one-bedroom apartment of 596 sqft on the 3rd 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 5 July 2012 for AED 600,000, or AED 1,006 per sqft, in line with the AED 1,006 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 February 2023, is AED 54,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 10,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, July 2012: AED 600,000 (AED 1,006 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Panoramic Tower
50K75K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 66,000; 2014 AED 77,000; 2015 AED 87,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 46,740; 2022 AED 59,900; 2023 AED 69,000; 2024 AED 77,000; 2025 AED 78,000; 2026 AED 78,750New contract, January 2014: AED 62,416 a yearNew contract, April 2016: AED 78,000 a yearNew contract, May 2019: AED 50,000 a yearRenewal, May 2020: AED 48,000 a yearNew contract, August 2021: AED 40,000 a yearNew contract, January 2022: AED 45,000 a yearNew contract, February 2023: AED 54,000 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 309 sits

All 56 1-beds →

309 last sold in July 2012 at AED 1,006 per sqft, in line with what one-beds in Panoramic Tower were fetching at the time (AED 1,006). Over the last 12 months one-beds sold for AED 891,197, around AED 1,495 per sqft, and rent for AED 41,333 to 150,000 a year. 309's AED 54,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 2026891,197
11 Jun 20251,080,000
7 Apr 20251,100,000
4 Sep 20241,200,000
1 1-bed sale 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). 4 sold in the last 12 months.

Typical price per sqft
AED 1,662
Typical sale
AED 2M
Typical rent
AED 83K /yr
Typical yield
6.3%
Panoramic Tower, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 73 units in Panoramic Tower
Value
3012-bedAED 2.02M · Oct 2023
3022-bedAED 2.1M · Apr 2026
3031-bedAED 625K · Sep 2020
3041-bedAED 605K · Jul 2020
3051-bedAED 610K · Feb 2021
3061-bedAED 630K · Jan 2021
3071-bedAED 852K · Aug 2009
1–7 of 9

309, Panoramic Tower in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 5 July 2012 for AED 600,000, or AED 1,006 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 62,416 to AED 40,000 in 2021 and recovered to AED 54,000 by February 2023.
  • At AED 54,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 10,800 a year (AED 18.09 per sqft).
  • One-beds in Panoramic Tower sold for AED 891,197–891,197 in the 12 months to November 2026; the building's median across all types is AED 1,662 per sqft.

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 309, Panoramic Tower

What did unit 309 last sell for?

AED 600,000 on 5 July 2012, sold by the developer: AED 1,006 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 54,000 a year on the contract signed on 1 February 2023. The previous contract, from January 2022, was AED 45,000; the unit has been rented since January 2014.

How big is unit 309?

596 sqft (55.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2008.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Panoramic Tower sold for AED 891,197 to 891,197 in the last 12 months, around AED 1,495 per sqft.

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Mortgage on 309, Panoramic Tower

Starts from the last sale price (AED 600K, 5 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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