7P1, Panoramic Tower
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7P1, Panoramic Tower
What is 7P1 worth today?
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Source: Dubai Land Department. Updated 18 July 2018.
Key facts
- Type
- Penthouse apartment
- Size
- 1,991 sqft
- Floor
- 7th of 7
- Parking
- 4
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 36,000 /yr
- Last sold
- AED 1.94M · July 2010
- Building
- Panoramic Tower
About 7P1, Panoramic Tower
7P1 is a penthouse of 1,991 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 1 July 2010 for AED 1,940,000, or AED 974 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 18 July 2018, is AED 250,000 a year: a gross yield of 12.9% on the 2010 price, before the service charge of about AED 36,000 a year.
Penthouses in Panoramic Tower, and where 7P1 sits
All 1 penthouses →Panoramic Tower
Building73 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%
Other units on the 7th floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 729 sqft | AED 1.25MAED 1,250,000 · Sep 2023September 2023 | 77,000 /yr | |
| 702 | 1-bed | 729 sqft | AED 750KAED 750,000 · Jul 2012July 2012 | 70,000 /yr | |
| 703 | 1-bed | 796 sqft | AED 760KAED 760,000 · May 2021May 2021 | 75,000 /yr | |
| 704 | 1-bed | 796 sqft | AED 1.28MAED 1,275,000 · Jun 2014June 2014 | 70,000 /yr | |
| 705 | 1-bed | 596 sqft | AED 850KAED 850,000 · Jul 2010July 2010 | 70,000 /yr | |
| 706 | 1-bed | 596 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 55,000 /yr |
7P1, Panoramic Tower in numbers
- Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 1 July 2010 for AED 1,940,000, or AED 974 per sqft.
- Rented since January 2014 on 4 Ejari contracts, from AED 300,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2010 price is 12.9%, before a service charge of about AED 36,000 a year (AED 18.09 per sqft).
Source: Dubai Land Department. Updated 18 July 2018.
Questions about 7P1, Panoramic Tower
What did unit 7P1 last sell for?
AED 1,940,000 on 1 July 2010, sold by the developer: AED 974 per sqft for 1,991 sqft. It is the only registered sale of the unit.
What is the rent for unit 7P1?
AED 250,000 a year on the contract signed on 18 July 2018. The previous contract, from January 2016, was AED 300,000; the unit has been rented since January 2014.
How big is unit 7P1?
1,991 sqft (185.0 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2008.
What is unit 7P1 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 7P1, Panoramic Tower
Starts from the last sale price (AED 1.94M, 1 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,940,000
- Deposit, UAE resident (20%)
- AED 388,000
- Deposit, non-resident (40%)
- AED 776,000
- Monthly over 25 years at 3.7%
- AED 7,937
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →