3-bed · 977 sqftPanorama, The Views · 5th floor · completed 2015

T2-502, Panorama

Sold prices and rental history: sold twice, last in March 2015, and rented once, from May 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-502 · DLD and Ejari recordsUpdated 10 May 2016
Last soldAED 2.06M16 March 2015
Current rentAED 230K /yr10 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-502, Panorama

What is T2-502 worth today?

Last sold for AED 2,060,888 in 2015

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10 May 2016RentedRenewal
AED 230,000/yr9 months · AED 117 per sqft
16 Mar 2015SoldReady
AED 2,060,888AED 1,054 per sqft
5 Jul 2012Sold by developerOff-plan
AED 2,060,888AED 1,054 per sqft

Source: Dubai Land Department. Updated 10 May 2016.

Key facts

Type
3-bed apartment
Size
977 sqft
Floor
5th of 14
Parking
G-165,G-166
Developer
Emaar
Completed
2015
Service charge
AED 18,000 /yr
Last sold
AED 2.06M · March 2015
Building
Panorama

About T2-502, Panorama

T2-502 is a three-bedroom apartment of 977 sqft on the 5th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 16 March 2015 for AED 2,060,888, or AED 1,054 per sqft, 8% below the AED 1,149 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2016. The current contract, renewed on 10 May 2016, is AED 230,000 a year: a gross yield of 11.2% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for T2-502 over time

Sales
Unit T2-502, 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, July 2012: AED 2,060,888 (AED 1,054 per sqft)Sold, March 2015: AED 2,060,888 (AED 1,054 per sqft)

T2-502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T2-502, 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 198,930Renewal, May 2016: AED 230,000 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 T2-502 sits

All 95 3-beds →

T2-502 last sold in March 2015 at AED 1,054 per sqft, 8% 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. T2-502's AED 230,000 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 5th floor

All 224 units in Panorama
Value
T1-5013-bedAED 3.22M · Mar 2016
T1-5023-bedAED 1.76M · Mar 2015
T1-5033-bedAED 1.81M · Mar 2015
T1-5043-bedAED 3.15M · May 2023
T1-5051-bedAED 1.45M · Jun 2025
T2-5011-bedAED 1.58M · Jun 2025
T2-5032-bedAED 2.38M · Oct 2023
1–7 of 24

T2-502, Panorama in numbers

  • Sold twice: first on 5 July 2012 for AED 2,060,888, last on 16 March 2015 for AED 2,060,888 (AED 1,054 per sqft).
  • Rented since May 2016 on one Ejari contract, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2015 price is 11.2%, before a service charge of about AED 18,000 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 10 May 2016.

Questions about T2-502, Panorama

What did unit T2-502 last sell for?

AED 2,060,888 on 16 March 2015: AED 1,054 per sqft for 977 sqft. The unit has 2 registered sales; the first was AED 2,060,888 in July 2012.

What is the rent for unit T2-502?

AED 230,000 a year on the contract renewed on 10 May 2016.

How big is unit T2-502?

977 sqft (90.8 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2015.

What is unit T2-502 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 T2-502, Panorama

Starts from the last sale price (AED 2.06M, 16 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,888
Deposit, UAE resident (20%)
AED 412,178
Deposit, non-resident (40%)
AED 824,355
Monthly over 25 years at 3.7%
AED 8,432

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