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3-bed · 1,655 sqftPanorama, The Views · 4th floor · completed 2015

T1-402, Panorama

Sold prices and rental history: sold twice, last in June 2017, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-402 · DLD and Ejari recordsUpdated 8 June 2017
Last soldAED 3.08M8 June 2017
Current rentAED 205K /yr10 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T1-402, Panorama

What is T1-402 worth today?

Last sold for AED 3,075,000 in 2017

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8 Jun 2017SoldReady
AED 3,075,000AED 1,857 per sqft
10 Apr 2015RentedNew contract
AED 205,000/yr12 months · AED 124 per sqft
16 Mar 2015Sold by developerReady
AED 1,752,888AED 1,059 per sqft

Source: Dubai Land Department. Updated 8 June 2017.

Key facts

Type
3-bed apartment
Size
1,655 sqft
Floor
4th of 14
Parking
G-316,G-317
Developer
Emaar
Completed
2015
Service charge
AED 30,600 /yr
Last sold
AED 3.08M · June 2017
Building
Panorama

About T1-402, Panorama

T1-402 is a three-bedroom apartment of 1,655 sqft on the 4th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 8 June 2017 for AED 3,075,000, or AED 1,857 per sqft, in line with the AED 1,857 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2015. The current contract, signed on 10 April 2015, is AED 205,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 30,600 a year.

Sales and rents for T1-402 over time

Sales
Unit T1-402, 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 1,752,888 (AED 1,059 per sqft)Sold, June 2017: AED 3,075,000 (AED 1,857 per sqft)

T1-402 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-402, 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, April 2015: AED 205,000 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 T1-402 sits

All 95 3-beds →

T1-402 last sold in June 2017 at AED 1,857 per sqft, in line with what three-beds in Panorama were fetching at the time (AED 1,857). 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. T1-402's AED 205,000 is in the lower half 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 4th floor

All 224 units in Panorama
Value
T1-4013-bedAED 2.02M · Mar 2015
T1-4033-bedAED 1.67M · Mar 2015
T1-4041-bedAED 687K · Jul 2012
T2-4011-bedAED 880K · Mar 2015
T2-4022-bedAED 1.31M · Mar 2015
T2-4032-bedAED 1.55M · Mar 2015
T2-4043-bedAED 3.25M · Sep 2022
1–7 of 20

T1-402, Panorama in numbers

  • Sold twice: first on 16 March 2015 for AED 1,752,888, last on 8 June 2017 for AED 3,075,000 (AED 1,857 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2017 price is 6.7%, 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 8 June 2017.

Questions about T1-402, Panorama

What did unit T1-402 last sell for?

AED 3,075,000 on 8 June 2017: AED 1,857 per sqft for 1,655 sqft. The unit has 2 registered sales; the first was AED 1,752,888 in March 2015.

What is the rent for unit T1-402?

AED 205,000 a year on the contract signed on 10 April 2015.

How big is unit T1-402?

1,655 sqft (153.8 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2015.

What is unit T1-402 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 T1-402, Panorama

Starts from the last sale price (AED 3.08M, 8 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

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