
502, Panoramic Tower
Sold prices and rental history: sold twice, last in December 2013, 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 502, Panoramic Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 9 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,160 sqft
- Floor
- 5th of 7
- Parking
- B2-5002-A, B2-5002-B
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.75M · December 2013
- Building
- Panoramic Tower
About 502, Panoramic Tower
502 is a two-bedroom apartment of 1,160 sqft on the 5th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 5 December 2013 for AED 1,750,000, or AED 1,508 per sqft, 22% above the AED 1,232 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 9 June 2025, is AED 130,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 21,000 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Panoramic Tower, and where 502 sits
All 14 2-beds →502 last sold in December 2013 at AED 1,508 per sqft, 22% above what two-beds in Panoramic Tower were fetching at the time (AED 1,232). Over the last 12 months two-beds sold for AED 1,890,000 to 2,100,000, around AED 1,858 per sqft, and rent for AED 100,000 to 221,000 a year. 502's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 1,033 sqft | 1,890,000 | 1,829 | ||
| 3 Apr 20263 April 2026 | 1,112 sqft | 2,100,000 | 1,887 | ||
| 10 Apr 202510 April 2025 | 1,086 sqft | 2,500,000 | 2,301 | ||
| 17 Feb 202517 February 2025 | 1,160 sqft | 2,400,000 | 2,068 |
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 5th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,160 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 95,000 /yr | |
| 503 | 1-bed | 748 sqft | AED 736KAED 736,125 · Jan 2013January 2013 | 85,000 /yr | |
| 504 | 1-bed | 748 sqft | AED 736KAED 736,125 · Jan 2013January 2013 | 70,000 /yr | |
| 505 | 1-bed | 729 sqft | AED 725KAED 725,000 · May 2016May 2016 | 74,750 /yr | |
| 506 | 1-bed | 729 sqft | AED 730KAED 730,000 · May 2009May 2009 | 70,000 /yr | |
| 507 | 1-bed | 796 sqft | AED 780KAED 780,000 · Feb 2009February 2009 | 85,000 /yr | |
| 508 | 1-bed | 796 sqft | No registered sale | ||
| 509 | 1-bed | 596 sqft | AED 970KAED 970,000 · May 2015May 2015 | 75,000 /yr | |
| 510 | 1-bed | 596 sqft | AED 934KAED 934,179 · Mar 2024March 2024 | 44,000 /yr |
502, Panoramic Tower in numbers
- Sold twice: first on 11 June 2009 for AED 1,144,650, last on 5 December 2013 for AED 1,750,000 (AED 1,508 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2019 and recovered to AED 130,000 by June 2025.
- At AED 130,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 21,000 a year (AED 18.09 per sqft).
- Two-beds in Panoramic Tower sold for AED 1,890,000–2,100,000 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 9 June 2025.
Questions about 502, Panoramic Tower
What did unit 502 last sell for?
AED 1,750,000 on 5 December 2013: AED 1,508 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 1,144,650 in June 2009.
What is the rent for unit 502?
AED 130,000 a year on the contract signed on 9 June 2025. The previous contract, from June 2025, was AED 130,000; the unit has been rented since May 2013.
How big is unit 502?
1,160 sqft (107.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2008.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Panoramic Tower sold for AED 1,890,000 to 2,100,000 in the last 12 months, around AED 1,858 per sqft.
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Mortgage on 502, Panoramic Tower
Starts from the last sale price (AED 1.75M, 5 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →