408, Panoramic Tower
Sold prices and rental history: sold once, by the developer in July 2009, 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 408, Panoramic Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 4th of 7
- Parking
- B2-4008
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 14,400 /yr
- Last sold
- AED 734K · July 2009
- Building
- Panoramic Tower
About 408, Panoramic Tower
408 is a one-bedroom apartment of 796 sqft on the 4th 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 20 July 2009 for AED 734,000, or AED 921 per sqft, 8% below the AED 1,001 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 78,750 a year: a gross yield of 10.7% on the 2009 price, before the service charge of about AED 14,400 a year.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 56 1-beds →408 last sold in July 2009 at AED 921 per sqft, 8% below what one-beds in Panoramic Tower were fetching at the time (AED 1,001). 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. 408's AED 78,750 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202615 April 2026 | 596 sqft | 891,197 | 1,495 | ||
| 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 |
Panoramic Tower
Building73 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%
Other units on the 4th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,136 sqft | AED 1.4MAED 1,400,000 · Feb 2013February 2013 | 110,000 /yr | |
| 402 | 2-bed | 1,136 sqft | AED 1.52MAED 1,520,000 · Apr 2013April 2013 | ||
| 403 | 1-bed | 734 sqft | AED 662KAED 662,150 · Apr 2013April 2013 | 70,000 /yr | |
| 404 | 1-bed | 734 sqft | AED 960KAED 960,000 · Apr 2023April 2023 | 95,000 /yr | |
| 405 | 1-bed | 729 sqft | AED 656KAED 656,064 · Feb 2010February 2010 | 77,000 /yr | |
| 406 | 1-bed | 729 sqft | AED 1.2MAED 1,200,000 · Sep 2024September 2024 | 89,751 /yr | |
| 407 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Apr 2017April 2017 | 75,000 /yr | |
| 409 | 1-bed | 596 sqft | AED 750KAED 750,000 · Mar 2018March 2018 | 70,000 /yr | |
| 410 | 1-bed | 596 sqft | AED 452KAED 451,500 · Oct 2013October 2013 | 35,000 /yr |
408, Panoramic Tower in numbers
- Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 20 July 2009 for AED 734,000, or AED 921 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 78,750 by January 2026.
- At AED 78,750 a year the gross yield on the 2009 price is 10.7%, before a service charge of about AED 14,400 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 23 January 2026.
Questions about 408, Panoramic Tower
What did unit 408 last sell for?
AED 734,000 on 20 July 2009, sold by the developer: AED 921 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 78,750 a year on the contract renewed on 23 January 2026. The previous contract, from January 2026, was AED 78,750; the unit has been rented since September 2013.
How big is unit 408?
796 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2008.
What is unit 408 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 408, Panoramic Tower
Starts from the last sale price (AED 734K, 20 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 734,000
- Deposit, UAE resident (20%)
- AED 146,800
- Deposit, non-resident (40%)
- AED 293,600
- Monthly over 25 years at 3.7%
- AED 3,003
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →