3-bed · 1,897 sqftPanorama, The Views · 10th floor · completed 2015

T1-1001, Panorama

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-1001 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 3.6M2 May 2024
Current rentAED 185K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-1001, Panorama

What is T1-1001 worth today?

Last sold for AED 3,600,000 in 2024

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2 May 2024SoldReady
AED 3,600,000AED 1,897 per sqft
10 Sep 2023RentedRenewal
AED 185,000/yr12 months · AED 98 per sqft
10 Sep 2022RentedRenewal
AED 175,000/yr12 months · AED 92 per sqft
10 Sep 2021RentedRenewal
AED 163,000/yr12 months · AED 86 per sqft
10 Sep 2020RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft
10 Sep 2019RentedNew contract
AED 163,000/yr12 months · AED 86 per sqft
24 Aug 2018RentedNew contract
AED 190,000/yr12 months · AED 100 per sqft
1 Mar 2017RentedRenewal
AED 250,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
10th of 14
Parking
G-01,G-02
Developer
Emaar
Completed
2015
Service charge
AED 35,000 /yr
Last sold
AED 3.6M · May 2024
Building
Panorama

About T1-1001, Panorama

T1-1001 is a three-bedroom apartment of 1,897 sqft on the 10th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 2 May 2024 for AED 3,600,000, or AED 1,897 per sqft, in line with the AED 1,848 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 185,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 35,000 a year.

Sales and rents for T1-1001 over time

Sales
Unit T1-1001, each saleTypical three-bed in Panorama
2M3M4M2012201620202024Typical sale price by year: 2012 AED 1,780,888; 2013 AED 2,127,335; 2014 AED 2,510,000; 2015 AED 2,086,622; 2016 AED 3,050,000; 2017 AED 3,150,000; 2018 AED 2,785,000; 2020 AED 1,902,304; 2021 AED 2,600,000; 2022 AED 3,025,000; 2023 AED 3,150,000; 2024 AED 3,235,000; 2025 AED 3,700,000Sold by developer, December 2013: AED 2,755,888 (AED 1,452 per sqft)Sold, May 2024: AED 3,600,000 (AED 1,897 per sqft)

T1-1001 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-1001, each contractTypical three-bed in Panorama
150K200K250K20152018202120242027Typical rent by year: 2015 AED 210,000; 2016 AED 210,000; 2017 AED 210,000; 2018 AED 189,500; 2019 AED 175,000; 2020 AED 157,500; 2021 AED 150,000; 2022 AED 162,000; 2023 AED 177,000; 2024 AED 200,000; 2025 AED 225,000; 2026 AED 198,930New contract, March 2015: AED 250,000 a yearRenewal, March 2016: AED 250,000 a yearRenewal, March 2017: AED 250,000 a yearNew contract, August 2018: AED 190,000 a yearNew contract, September 2019: AED 163,000 a yearRenewal, September 2020: AED 150,000 a yearRenewal, September 2021: AED 163,000 a yearRenewal, September 2022: AED 175,000 a yearRenewal, September 2023: AED 185,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Panorama, and where T1-1001 sits

All 95 3-beds →

T1-1001 last sold in May 2024 at AED 1,897 per sqft, in line with what three-beds in Panorama were fetching at the time (AED 1,848). Over the last 12 months three-beds sold for AED 4,550,000, around AED 2,230 per sqft, and rent for AED 192,500 to 336,000 a year. T1-1001's AED 185,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Dec 20254,550,000
9 Jul 20253,500,000
17 Jun 20253,900,000
11 May 20253,375,000
1 3-bed sale in the last 12 months

Panorama

Building

224 apartments, 1-bed to 3-bed over 14 floors in The Views, completed in 2015 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,230
Typical sale
AED 4.55M
Typical rent
AED 175K /yr
Typical yield
5.9%
Panorama, The Views: prices, sales and rents →

Other units on the 10th floor

All 224 units in Panorama
Value
T1-1002PenthouseAED 2.45M · Oct 2015
T1-1003PenthouseAED 4.05M · Jul 2024
T1-1004PenthouseAED 4.7M · Dec 2021
T1-10051-bedAED 1M · Jan 2023
T2-10011-bedAED 980K · Nov 2021
T2-10022-bedAED 1.41M · Mar 2015
T2-10032-bedAED 1.59M · Mar 2015
1–7 of 14

T1-1001, Panorama in numbers

  • Sold twice: first on 2 December 2013 for AED 2,755,888, last on 2 May 2024 for AED 3,600,000 (AED 1,897 per sqft).
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 150,000 in 2020 and recovered to AED 185,000 by September 2023.
  • At AED 185,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 35,000 a year (AED 18.46 per sqft).
  • Three-beds in Panorama sold for AED 4,550,000–4,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,230 per sqft.

Source: Dubai Land Department. Updated 2 May 2024.

Questions about T1-1001, Panorama

What did unit T1-1001 last sell for?

AED 3,600,000 on 2 May 2024: AED 1,897 per sqft for 1,897 sqft. The unit has 2 registered sales; the first was AED 2,755,888 in December 2013.

What is the rent for unit T1-1001?

AED 185,000 a year on the contract renewed on 10 September 2023. The previous contract, from September 2022, was AED 175,000; the unit has been rented since March 2015.

How big is unit T1-1001?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2015.

What is unit T1-1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Panorama sold for AED 4,550,000 to 4,550,000 in the last 12 months, around AED 2,230 per sqft.

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Mortgage on T1-1001, Panorama

Starts from the last sale price (AED 3.6M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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