3-bed · 1,655 sqftPanorama, The Views · 2nd floor · completed 2015

T1-202, Panorama

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-202 · DLD and Ejari recordsUpdated 14 July 2024
Last soldAED 1.74M16 March 2015
Current rentAED 185K /yr14 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-202, Panorama

What is T1-202 worth today?

Last sold for AED 1,739,888 in 2015

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14 Jul 2024RentedRenewal
AED 185,000/yr12 months · AED 112 per sqft
14 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 103 per sqft
14 Jul 2022RentedRenewal
AED 155,000/yr12 months · AED 94 per sqft
14 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
16 Mar 2015Sold by developerReady
AED 1,739,888AED 1,051 per sqft
6 Mar 2015RentedNew contract
AED 195,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 14 July 2024.

Key facts

Type
3-bed apartment
Size
1,655 sqft
Floor
2nd of 14
Parking
G-314,G-315
Developer
Emaar
Completed
2015
Service charge
AED 30,600 /yr
Last sold
AED 1.74M · March 2015
Building
Panorama

About T1-202, Panorama

T1-202 is a three-bedroom apartment of 1,655 sqft on the 2nd floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. The developer sold it on 16 March 2015 for AED 1,739,888, or AED 1,051 per sqft, 9% below the AED 1,149 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 14 July 2024, is AED 185,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 30,600 a year.

Sales and rents for T1-202 over time

Sales
Unit T1-202, 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, March 2015: AED 1,739,888 (AED 1,051 per sqft)

T1-202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-202, each contractTypical three-bed in Panorama
150K200K20152018202120242027Typical 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 195,000 a yearNew contract, July 2019: AED 150,000 a yearRenewal, July 2022: AED 155,000 a yearRenewal, July 2023: AED 170,000 a yearRenewal, July 2024: 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 T1-202 sits

All 95 3-beds →

T1-202 last sold in March 2015 at AED 1,051 per sqft, 9% below what three-beds in Panorama were fetching at the time (AED 1,149). 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. T1-202'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 2nd floor

All 224 units in Panorama
Value
T1-2013-bedAED 3.2M · Apr 2015
T1-2033-bedAED 3.05M · Aug 2023
T1-2041-bedAED 679K · Jul 2012
T2-2011-bedAED 1.33M · Feb 2024
T2-2022-bedAED 2.1M · Mar 2015
T2-2032-bedAED 2.52M · Nov 2020
T2-2043-bedAED 3.15M · Apr 2023
1–7 of 18

T1-202, Panorama in numbers

  • Sold once: by Emaar on 16 March 2015 for AED 1,739,888, or AED 1,051 per sqft.
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 195,000 to AED 150,000 in 2019 and recovered to AED 185,000 by July 2024.
  • At AED 185,000 a year the gross yield on the 2015 price is 10.6%, before a service charge of about AED 30,600 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 14 July 2024.

Questions about T1-202, Panorama

What did unit T1-202 last sell for?

AED 1,739,888 on 16 March 2015, sold by the developer: AED 1,051 per sqft for 1,655 sqft. It is the only registered sale of the unit.

What is the rent for unit T1-202?

AED 185,000 a year on the contract renewed on 14 July 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since March 2015.

How big is unit T1-202?

1,655 sqft (153.8 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2015.

What is unit T1-202 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 T1-202, Panorama

Starts from the last sale price (AED 1.74M, 16 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,739,888
Deposit, UAE resident (20%)
AED 347,978
Deposit, non-resident (40%)
AED 695,955
Monthly over 25 years at 3.7%
AED 7,118

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