409, Panoramic Tower
Sold prices and rental history: sold twice, last in March 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Panoramic Tower
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 4th of 7
- Parking
- B2-4009
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 10,800 /yr
- Last sold
- AED 750K · March 2018
- Building
- Panoramic Tower
About 409, Panoramic Tower
409 is a one-bedroom apartment of 596 sqft on the 4th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 13 March 2018 for AED 750,000, or AED 1,258 per sqft, 10% below the AED 1,391 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 August 2024, is AED 70,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 10,800 a year.
Sales and rents for 409 over time
409 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 409 sits
All 56 1-beds →409 last sold in March 2018 at AED 1,258 per sqft, 10% below what one-beds in Panoramic Tower were fetching at the time (AED 1,391). 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. 409's AED 70,000 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 | |
| 408 | 1-bed | 796 sqft | AED 734KAED 734,000 · Jul 2009July 2009 | 78,750 /yr | |
| 410 | 1-bed | 596 sqft | AED 452KAED 451,500 · Oct 2013October 2013 | 35,000 /yr |
409, Panoramic Tower in numbers
- Sold twice: first on 13 September 2009 for AED 600,000, last on 13 March 2018 for AED 750,000 (AED 1,258 per sqft).
- Rented since August 2024 on 2 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2018 price is 9.3%, 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 15 August 2024.
Questions about 409, Panoramic Tower
What did unit 409 last sell for?
AED 750,000 on 13 March 2018: AED 1,258 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 600,000 in September 2009.
What is the rent for unit 409?
AED 70,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2024, was AED 70,000.
How big is unit 409?
596 sqft (55.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2008.
What is unit 409 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 409, Panoramic Tower
Starts from the last sale price (AED 750K, 13 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →