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1-bed · 596 sqftPanoramic Tower, Dubai Marina · 5th floor · completed 2008

509, Panoramic Tower

Sold prices and rental history: sold 3 times, last in May 2015, and rented once, from March 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 24 March 2017
Last soldAED 970K10 May 2015
Current rentAED 75K /yr24 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Panoramic Tower

What is 509 worth today?

Last sold for AED 970,000 in 2015

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24 Mar 2017RentedNew contract
AED 75,000/yr12 months · AED 127 per sqft
10 May 2015SoldReady
AED 970,000AED 1,627 per sqft
16 Sep 2012SoldReady
AED 620,000AED 1,040 per sqft
14 Jun 2010Sold by developerReady
AED 675,000AED 1,132 per sqft

Source: Dubai Land Department. Updated 24 March 2017.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
5th of 7
Parking
B2-5009
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 10,800 /yr
Last sold
AED 970K · May 2015
Building
Panoramic Tower

About 509, Panoramic Tower

509 is a one-bedroom apartment of 596 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 10 May 2015 for AED 970,000, or AED 1,627 per sqft, 23% above the AED 1,328 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 March 2017. The current contract, signed on 24 March 2017, is AED 75,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 10,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, June 2010: AED 675,000 (AED 1,132 per sqft)Sold, September 2012: AED 620,000 (AED 1,040 per sqft)Sold, May 2015: AED 970,000 (AED 1,627 per sqft)

509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Panoramic Tower
40K60K80K2012201620202024Typical 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, March 2017: AED 75,000 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 509 sits

All 56 1-beds →

509 last sold in May 2015 at AED 1,627 per sqft, 23% above what one-beds in Panoramic Tower were fetching at the time (AED 1,328). 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. 509's AED 75,000 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 5th floor

All 73 units in Panoramic Tower
Value
5012-bedAED 2.4M · Feb 2025
5022-bedAED 1.75M · Dec 2013
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
1–7 of 9

509, Panoramic Tower in numbers

  • Sold 3 times: first on 14 June 2010 for AED 675,000, last on 10 May 2015 for AED 970,000 (AED 1,627 per sqft).
  • Rented since March 2017 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 7.7%, 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 24 March 2017.

Questions about 509, Panoramic Tower

What did unit 509 last sell for?

AED 970,000 on 10 May 2015: AED 1,627 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 675,000 in June 2010.

What is the rent for unit 509?

AED 75,000 a year on the contract signed on 24 March 2017.

How big is unit 509?

596 sqft (55.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2008.

What is unit 509 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 509, Panoramic Tower

Starts from the last sale price (AED 970K, 10 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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