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1-bed · 596 sqftPanoramic Tower, Dubai Marina · 7th floor · completed 2008

705, Panoramic Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 10 January 2020
Last soldAED 850K20 July 2010
Current rentAED 70K /yr10 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Panoramic Tower

What is 705 worth today?

Last sold for AED 850,000 in 2010

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10 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
20 Jul 2010Sold by developerReady
AED 850,000AED 1,426 per sqft

Source: Dubai Land Department. Updated 10 January 2020.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
7th of 7
Parking
B2-7005
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2008
Service charge
AED 10,800 /yr
Last sold
AED 850K · July 2010
Building
Panoramic Tower

About 705, Panoramic Tower

705 is a one-bedroom apartment of 596 sqft on the 7th 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 20 July 2010 for AED 850,000, or AED 1,426 per sqft, 45% above the AED 985 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2020. The current contract, signed on 10 January 2020, is AED 70,000 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 10,800 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, July 2010: AED 850,000 (AED 1,426 per sqft)

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

Rents
Unit 705, 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, January 2020: AED 70,000 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 705 sits

All 56 1-beds →

705 last sold in July 2010 at AED 1,426 per sqft, 45% 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. 705's AED 70,000 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
7031-bedAED 760K · May 2021
7041-bedAED 1.28M · Jun 2014
7061-bedAED 1.1M · Apr 2025
7P1PenthouseAED 1.94M · Jul 2010

705, Panoramic Tower in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 20 July 2010 for AED 850,000, or AED 1,426 per sqft.
  • Rented since January 2020 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2010 price is 8.2%, 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 January 2020.

Questions about 705, Panoramic Tower

What did unit 705 last sell for?

AED 850,000 on 20 July 2010, sold by the developer: AED 1,426 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 70,000 a year on the contract signed on 10 January 2020.

How big is unit 705?

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

What is unit 705 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 705, Panoramic Tower

Starts from the last sale price (AED 850K, 20 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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