422 sqftPanorama, The Views · 6th floor · completed 2015

T1-604, Panorama

Sold prices and rental history: sold 3 times, last 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 T1-604 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.45M16 March 2015
Current rentAED 99K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-604, Panorama

What is T1-604 worth today?

Last sold for AED 1,450,000 in 2015

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10 Sep 2024RentedRenewal
AED 99,000/yr6 months · AED 118 per sqft
10 Sep 2023RentedRenewal
AED 93,000/yr12 months · AED 111 per sqft
23 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
23 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
15 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
16 Mar 2015SoldReady
AED 1,450,000AED 1,718 per sqft
10 Feb 2015RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
7 Apr 2014SoldOff-plan
AED 1,450,000AED 1,718 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
Apartment
Size
422 sqft
Floor
6th of 14
Parking
G-04
Developer
Emaar
Completed
2015
Service charge
AED 7,800 /yr
Last sold
AED 1.45M · March 2015
Building
Panorama

About T1-604, Panorama

T1-604 is an apartment of 422 sqft on the 6th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 16 March 2015 for AED 1,450,000, or AED 1,718 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 99,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 7,800 a year.

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 6th floor

All 224 units in Panorama
Value
T1-6013-bedAED 3.2M · May 2014
T1-6023-bedAED 1.76M · Mar 2015
T1-6033-bedAED 1.76M · Mar 2015
T2-6011-bedAED 1.25M · Dec 2022
T2-6022-bedAED 1.9M · Nov 2021
T2-6032-bedAED 1.41M · Mar 2015
T2-6043-bedAED 1.83M · Mar 2015
1–7 of 20

T1-604, Panorama in numbers

  • Sold 3 times: first on 8 July 2012 for AED 694,888, last on 16 March 2015 for AED 1,450,000 (AED 1,718 per sqft).
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 99,000 by September 2024.
  • At AED 99,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 7,800 a year (AED 18.46 per sqft).

Source: Dubai Land Department. Updated 10 September 2024.

Questions about T1-604, Panorama

What did unit T1-604 last sell for?

AED 1,450,000 on 16 March 2015: AED 1,718 per sqft for 422 sqft. The unit has 3 registered sales; the first was AED 694,888 in July 2012.

What is the rent for unit T1-604?

AED 99,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 93,000; the unit has been rented since February 2015.

How big is unit T1-604?

422 sqft (39.2 sqm): an apartment on the 6th floor of a 14-storey tower completed in 2015.

What is unit T1-604 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 T1-604, Panorama

Starts from the last sale price (AED 1.45M, 16 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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