1-bed · 596 sqftPanoramic Tower, Dubai Marina · 6th floor · completed 2008

609, Panoramic Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 637K28 February 2010
Current rentAED 62K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Panoramic Tower

What is 609 worth today?

Last sold for AED 637,250 in 2010

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10 May 2024RentedNew contract
AED 62,000/yr12 months · AED 105 per sqft
10 May 2024RentedNew contract
AED 62,000/yr12 months · AED 105 per sqft
12 Mar 2022RentedRenewal
AED 40,700/yr12 months · AED 69 per sqft
12 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 62 per sqft
25 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
9 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 127 per sqft
28 Feb 2010Sold by developerReady
AED 637,250AED 1,069 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
6th of 7
Parking
B2-6009
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 10,800 /yr
Last sold
AED 637K · February 2010

About 609, Panoramic Tower

609 is a one-bedroom apartment of 596 sqft on the 6th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). The developer sold it on 28 February 2010 for AED 637,250, or AED 1,069 per sqft, 9% above the AED 985 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 May 2024, is AED 62,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 10,800 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, February 2010: AED 637,250 (AED 1,069 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in Panoramic Tower
50K75K2012201620202024Typical 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, September 2017: AED 75,000 a yearNew contract, November 2018: AED 60,000 a yearNew contract, March 2021: AED 37,000 a yearRenewal, March 2022: AED 40,700 a yearNew contract, May 2024: AED 62,000 a yearNew contract, May 2024: AED 62,000 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 609 sits

All 56 1-beds →

609 last sold in February 2010 at AED 1,069 per sqft, 9% above what one-beds in Panoramic Tower were fetching at the time (AED 985). 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. 609's AED 62,000 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

609, Panoramic Tower in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 28 February 2010 for AED 637,250, or AED 1,069 per sqft.
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 37,000 in 2021 and recovered to AED 62,000 by May 2024.
  • At AED 62,000 a year the gross yield on the 2010 price is 9.7%, 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 10 May 2024.

Questions about 609, Panoramic Tower

What did unit 609 last sell for?

AED 637,250 on 28 February 2010, sold by the developer: AED 1,069 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 62,000 a year on the contract signed on 10 May 2024. The previous contract, from May 2024, was AED 62,000; the unit has been rented since September 2017.

How big is unit 609?

596 sqft (55.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2008.

What is unit 609 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 609, Panoramic Tower

Starts from the last sale price (AED 637K, 28 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 637,250
Deposit, UAE resident (20%)
AED 127,450
Deposit, non-resident (40%)
AED 254,900
Monthly over 25 years at 3.7%
AED 2,607

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