2-bed · 1,160 sqftPanoramic Tower, Dubai Marina · 5th floor · completed 2008

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.

Unit 502 · DLD and Ejari recordsUpdated 9 June 2025
Last soldAED 1.75M5 December 2013
Current rentAED 130K /yr9 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Panoramic Tower

What is 502 worth today?

Last sold for AED 1,750,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
9 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
24 Feb 2025RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
24 Feb 2025RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
1 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
1 Dec 2017RentedNew contract
AED 105,000/yr12 months · AED 90 per sqft
27 Jul 2017RentedRenewal
AED 131,068/yr3 months · AED 113 per sqft
27 Jul 2016RentedRenewal
AED 130,000/yr12 months · AED 112 per sqft

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

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

Sales
Unit 502, each saleTypical two-bed in Panoramic Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 962,040; 2011 AED 503,580; 2013 AED 1,460,000; 2014 AED 1,600,000; 2023 AED 2,020,000Sold by developer, June 2009: AED 1,144,650 (AED 986 per sqft)Sold, December 2013: AED 1,750,000 (AED 1,508 per sqft)

502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Panoramic Tower
100K2013201720212025Typical rent by year: 2013 AED 113,500; 2014 AED 122,368; 2015 AED 131,250; 2016 AED 122,320; 2017 AED 107,500; 2018 AED 93,000; 2019 AED 84,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 83,625; 2023 AED 86,250; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 130,000New contract, May 2013: AED 110,000 a yearNew contract, July 2014: AED 122,000 a yearNew contract, July 2015: AED 130,000 a yearRenewal, July 2016: AED 130,000 a yearRenewal, July 2017: AED 131,068 a yearNew contract, December 2017: AED 105,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, February 2025: AED 130,000 a yearNew contract, February 2025: AED 130,000 a yearNew contract, June 2025: AED 130,000 a yearNew contract, June 2025: AED 130,000 a year

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 salesUnit no.Price (AED)Summary
3 Aug 20261,890,000
3 Apr 20262,100,000
10 Apr 20252,500,000
17 Feb 20252,400,000
2 2-bed sales 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 5th floor

All 73 units in Panoramic Tower
Value
5012-bedAED 2.4M · Feb 2025
5031-bedAED 736K · Jan 2013
5041-bedAED 736K · Jan 2013
5051-bedAED 725K · May 2016
5061-bedAED 730K · May 2009
5071-bedAED 780K · Feb 2009
5081-bedNo registered sale
1–7 of 9

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.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →