Panoramic Tower — project image
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Panoramic Tower

From AED 1.18M·Completed Dec 2006·Developer payment plan available Payment
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AED 1.18M
Starting Price
Dec 2006
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Panoramic Tower is a residential building located in the central part of the prestigious Dubai Marina promenade, just 350 metres from the beach. The development is an 8-storey building with several well-designed residential units. The residential complex has 1 and 2 bedroom flats as well as 3 bedroom townhouses and penthouses. The residences are equipped with modern amenities such as flat-screen satellite TV and high-end kitchen appliances. Residents have access to a variety of amenities and services for a comfortable living experience. These include sauna and steam room, gym, CCTV, 24-hour security, high-speed lifts, parking, swimming pool. From Panoramic Hotel, it takes approximately 22 minutes to Dubai Mall, 14 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 13 minutes to The Walk JBR. Dubai International Airport is approximately 30 minutes‘ drive away and Al Maktoum International Airport is approximately 32 minutes’ drive away.

Project Specifications
DeveloperBonyan International Investment Group
LocationDubai Marina
Unit Types1 BR, Apartments
AreaDubai Marina
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 50,701 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,926
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 540,500 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Panoramic Tower — View 2
Panoramic Tower — View 3
Panoramic Tower — View 4
Panoramic Tower — View 5
Panoramic Tower — View 6
Panoramic Tower — View 7
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Panoramic Tower — View 9

Astraterra Properties

Official Documents

Download official marketing materials from Bonyan International Investment Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Covered Parking
Parking
Pets Allowed
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Panoramic Tower by Bonyan International Investment Group

02

Located in Dubai Marina

03

Starting from AED 1,175,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2006

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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