Penthouse · 2,476 sqftPanorama, The Views · 10th floor · completed 2015

T1-1003, Panorama

Sold prices and rental history: sold 4 times, last in July 2024, and rented once, from December 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-1003 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 4.05M15 July 2024
Current rentAED 165K /yr15 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-1003, Panorama

What is T1-1003 worth today?

Last sold for AED 4,050,000 in 2024

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15 Jul 2024SoldReady
AED 4,050,000AED 1,635 per sqft
18 Feb 2021SoldReady
AED 2,250,000AED 908 per sqft
21 Jan 2021SoldReady
AED 4,000,000AED 1,615 per sqft
15 Dec 2018RentedNew contract
AED 165,000/yr12 months · AED 67 per sqft
16 Mar 2015Sold by developerReady
AED 2,319,888AED 936 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
Penthouse apartment
Size
2,476 sqft
Floor
10th of 14
Parking
G-267,G-268
Developer
Emaar
Completed
2015
Service charge
AED 45,700 /yr
Last sold
AED 4.05M · July 2024
Building
Panorama

About T1-1003, Panorama

T1-1003 is a penthouse of 2,476 sqft on the 10th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 15 July 2024 for AED 4,050,000, or AED 1,635 per sqft, 29% above the AED 1,270 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2018. The current contract, signed on 15 December 2018, is AED 165,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 45,700 a year.

Sales and rents for T1-1003 over time

Sales
Unit T1-1003, each saleTypical penthouse in Panorama
2M4M2012201620202024Typical sale price by year: 2012 AED 2,946,888; 2013 AED 3,000,000; 2014 AED 5,000,000; 2015 AED 3,200,992; 2021 AED 3,412,500; 2023 AED 4,625,000; 2025 AED 5,247,500Sold by developer, March 2015: AED 2,319,888 (AED 936 per sqft)Sold, January 2021: AED 4,000,000 (AED 1,615 per sqft)Sold, February 2021: AED 2,250,000 (AED 908 per sqft)Sold, July 2024: AED 4,050,000 (AED 1,635 per sqft)

T1-1003 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit T1-1003, each contractTypical penthouse in Panorama
200K250K2015201820212024Typical rent by year: 2015 AED 240,000; 2016 AED 247,500; 2017 AED 241,148; 2018 AED 227,500; 2019 AED 215,000; 2020 AED 187,500; 2021 AED 200,000; 2022 AED 230,000; 2023 AED 240,000; 2024 AED 237,250; 2025 AED 240,000New contract, December 2018: AED 165,000 a year

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

Penthouses in Panorama, and where T1-1003 sits

All 13 penthouses →

T1-1003 last sold in July 2024 at AED 1,635 per sqft, 29% above what penthouses in Panorama were fetching at the time (AED 1,270).

Recent penthouse salesUnit no.Price (AED)Summary
31 Jul 20255,800,000
22 Jul 20254,949,000
6 Mar 20255,500,000
31 Jan 20254,995,000
0 penthouse sales 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
T1-10013-bedAED 3.6M · May 2024
T1-1002PenthouseAED 2.45M · Oct 2015
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

T1-1003, Panorama in numbers

  • Sold 4 times: first on 16 March 2015 for AED 2,319,888, last on 15 July 2024 for AED 4,050,000 (AED 1,635 per sqft).
  • Rented since December 2018 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 45,700 a year (AED 18.46 per sqft).

Source: Dubai Land Department. Updated 15 July 2024.

Questions about T1-1003, Panorama

What did unit T1-1003 last sell for?

AED 4,050,000 on 15 July 2024: AED 1,635 per sqft for 2,476 sqft. The unit has 4 registered sales; the first was AED 2,319,888 in March 2015.

What is the rent for unit T1-1003?

AED 165,000 a year on the contract signed on 15 December 2018.

How big is unit T1-1003?

2,476 sqft (230.0 sqm): a penthouse on the 10th floor of a 14-storey tower completed in 2015.

What is unit T1-1003 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 T1-1003, Panorama

Starts from the last sale price (AED 4.05M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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