GT1, Panoramic Tower
Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for GT1, Panoramic Tower
What is GT1 worth today?
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Source: Dubai Land Department. Updated 25 July 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 4,787 sqft
- Floor
- Ground of 7
- Parking
- B1-T1
- Developer
- BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
- Completed
- 2008
- Service charge
- AED 86,600 /yr
- Last sold
- AED 3.62M · July 2022
- Building
- Panoramic Tower
About GT1, Panoramic Tower
GT1 is a three-bedroom apartment of 4,787 sqft on the ground 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 25 July 2022 for AED 3,617,349, or AED 755 per sqft.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 October 2020, is AED 120,000 a year: a gross yield of 3.3% on the 2022 price, before the service charge of about AED 86,600 a year.
3-beds in Panoramic Tower, and where GT1 sits
All 2 3-beds →Over the last 12 months three-beds sold for AED 3,976,692, around AED 806 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Feb 202623 February 2026 | 4,932 sqft | 3,976,692 | 806 | ||
| 1 Jul 20101 July 2010 | 4,932 sqft | 3,500,000 | 709 |
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 ground floor
All 73 units in Panoramic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,033 sqft | AED 1.2MAED 1,200,000 · Sep 2013September 2013 | 100,000 /yr | |
| G02 | 2-bed | 1,033 sqft | AED 1.89MAED 1,890,000 · Aug 2026August 2026 | 140,000 /yr | |
| G03 | 1-bed | 681 sqft | AED 740KAED 740,000 · Sep 2013September 2013 | 85,000 /yr | |
| G04 | 1-bed | 681 sqft | AED 770KAED 770,000 · Jul 2013July 2013 | 48,000 /yr | |
| GT2 | 3-bed | 4,932 sqft | AED 3.98MAED 3,976,692 · Feb 2026February 2026 | 95,000 /yr |
GT1, Panoramic Tower in numbers
- Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 25 July 2022 for AED 3,617,349, or AED 755 per sqft.
- Rented since October 2013 on 4 Ejari contracts, from AED 110,250 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 3.3%, before a service charge of about AED 86,600 a year (AED 18.09 per sqft).
- Three-beds in Panoramic Tower sold for AED 3,976,692–3,976,692 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 July 2022.
Questions about GT1, Panoramic Tower
What did unit GT1 last sell for?
AED 3,617,349 on 25 July 2022, sold by the developer: AED 755 per sqft for 4,787 sqft. It is the only registered sale of the unit.
What is the rent for unit GT1?
AED 120,000 a year on the contract signed on 1 October 2020. The previous contract, from June 2019, was AED 120,000; the unit has been rented since October 2013.
How big is unit GT1?
4,787 sqft (444.7 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2008.
What is unit GT1 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Panoramic Tower sold for AED 3,976,692 to 3,976,692 in the last 12 months, around AED 806 per sqft.
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Mortgage on GT1, Panoramic Tower
Starts from the last sale price (AED 3.62M, 25 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,617,349
- Deposit, UAE resident (20%)
- AED 723,470
- Deposit, non-resident (40%)
- AED 1,446,940
- Monthly over 25 years at 3.7%
- AED 14,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →