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1-bed · 796 sqftPanoramic Tower, Dubai Marina · 7th floor · completed 2008

703, Panoramic Tower

Sold prices and rental history: sold 3 times, last in May 2021, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 May 2021
Last soldAED 760K25 May 2021
Current rentAED 75K /yr6 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Panoramic Tower

What is 703 worth today?

Last sold for AED 760,000 in 2021

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25 May 2021SoldReady
AED 760,000AED 954 per sqft
6 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
9 Jan 2014SoldReady
AED 1,250,000AED 1,569 per sqft
29 Dec 2013Sold by developerReady
AED 716,814AED 900 per sqft

Source: Dubai Land Department. Updated 25 May 2021.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
7th of 7
Parking
B2-7003
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 14,400 /yr
Last sold
AED 760K · May 2021
Building
Panoramic Tower

About 703, Panoramic Tower

703 is a one-bedroom apartment of 796 sqft on the 7th floor of Panoramic Tower, a 7-storey tower in Dubai Marina completed in 2008 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 25 May 2021 for AED 760,000, or AED 954 per sqft, 12% above the AED 855 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 November 2017. The current contract, signed on 6 November 2017, is AED 75,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 14,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2013: AED 716,814 (AED 900 per sqft)Sold, January 2014: AED 1,250,000 (AED 1,569 per sqft)Sold, May 2021: AED 760,000 (AED 954 per sqft)

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

Rents
Unit 703, 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, November 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 703 sits

All 56 1-beds →

703 last sold in May 2021 at AED 954 per sqft, 12% above what one-beds in Panoramic Tower were fetching at the time (AED 855). 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. 703'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 7th floor

All 73 units in Panoramic Tower
Value
7011-bedAED 1.25M · Sep 2023
7021-bedAED 750K · Jul 2012
7041-bedAED 1.28M · Jun 2014
7051-bedAED 850K · Jul 2010
7061-bedAED 1.1M · Apr 2025
7P1PenthouseAED 1.94M · Jul 2010

703, Panoramic Tower in numbers

  • Sold 3 times: first on 29 December 2013 for AED 716,814, last on 25 May 2021 for AED 760,000 (AED 954 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 9.9%, 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 25 May 2021.

Questions about 703, Panoramic Tower

What did unit 703 last sell for?

AED 760,000 on 25 May 2021: AED 954 per sqft for 796 sqft. The unit has 3 registered sales; the first was AED 716,814 in December 2013.

What is the rent for unit 703?

AED 75,000 a year on the contract signed on 6 November 2017.

How big is unit 703?

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

What is unit 703 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 703, Panoramic Tower

Starts from the last sale price (AED 760K, 25 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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