1-bed · 796 sqftPanoramic Tower, Dubai Marina · 6th floor · completed 2008

608, Panoramic Tower

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 565K14 September 2020
Current rentAED 77K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Panoramic Tower

What is 608 worth today?

Last sold for AED 565,000 in 2020

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1 Jun 2024RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
1 Jun 2024RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
22 May 2023RentedRenewal
AED 66,000/yr12 months · AED 83 per sqft
22 May 2022RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
24 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
14 Sep 2020SoldReady
AED 565,000AED 709 per sqft
24 Apr 2020RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
24 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
6th of 7
Parking
B2-6008
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 14,400 /yr
Last sold
AED 565K · September 2020

About 608, Panoramic Tower

608 is a one-bedroom apartment of 796 sqft on the 6th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 14 September 2020 for AED 565,000, or AED 709 per sqft, 18% below the AED 860 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 June 2024, is AED 77,000 a year: a gross yield of 13.6% on the 2020 price, before the service charge of about AED 14,400 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, May 2011: AED 675,000 (AED 847 per sqft)Sold, September 2020: AED 565,000 (AED 709 per sqft)

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

Rents
Unit 608, 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, February 2017: AED 70,000 a yearNew contract, April 2019: AED 55,000 a yearRenewal, April 2020: AED 45,000 a yearNew contract, April 2021: AED 45,000 a yearNew contract, May 2022: AED 60,000 a yearRenewal, May 2023: AED 66,000 a yearNew contract, June 2024: AED 77,000 a yearNew contract, June 2024: AED 77,000 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 608 sits

All 56 1-beds →

608 last sold in September 2020 at AED 709 per sqft, 18% below what one-beds in Panoramic Tower were fetching at the time (AED 860). 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. 608's AED 77,000 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 6th floor

All 73 units in Panoramic Tower
Value
6012-bedAED 1.65M · Feb 2014
6022-bedAED 1.55M · Feb 2015
6031-bedAED 1M · Feb 2015
6041-bedAED 1M · Feb 2015
6051-bedAED 752K · Mar 2010
6061-bedAED 1.05M · Mar 2014
6071-bedAED 1M · Feb 2015
1–7 of 9

608, Panoramic Tower in numbers

  • Sold twice: first on 10 May 2011 for AED 675,000, last on 14 September 2020 for AED 565,000 (AED 709 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 77,000 by June 2024.
  • At AED 77,000 a year the gross yield on the 2020 price is 13.6%, 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 1 June 2024.

Questions about 608, Panoramic Tower

What did unit 608 last sell for?

AED 565,000 on 14 September 2020: AED 709 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 675,000 in May 2011.

What is the rent for unit 608?

AED 77,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 77,000; the unit has been rented since February 2017.

How big is unit 608?

796 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2008.

What is unit 608 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 608, Panoramic Tower

Starts from the last sale price (AED 565K, 14 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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