2-bed · 1,267 sqftPanorama, The Views · 6th floor · completed 2015

T2-602, Panorama

Sold prices and rental history: sold 6 times, last in November 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-602 · DLD and Ejari recordsUpdated 7 November 2021
Last soldAED 1.9M7 November 2021
Current rentAED 120K /yr4 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-602, Panorama

What is T2-602 worth today?

Last sold for AED 1,900,000 in 2021

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7 Nov 2021SoldReady
AED 1,900,000AED 1,499 per sqft
4 Jun 2020RentedRenewal
AED 119,668/yr12 months · AED 94 per sqft
4 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 102 per sqft
4 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
12 Mar 2015SoldReady
AED 2,250,000AED 1,776 per sqft
9 Nov 2014SoldOff-plan
AED 2,250,000AED 1,776 per sqft
12 May 2013SoldOff-plan
AED 1,651,587AED 1,303 per sqft
13 Nov 2012SoldOff-plan
AED 1,485,000AED 1,172 per sqft

Source: Dubai Land Department. Updated 7 November 2021.

Key facts

Type
2-bed apartment
Size
1,267 sqft
Floor
6th of 14
Parking
G-124
Developer
Emaar
Completed
2015
Service charge
AED 23,400 /yr
Last sold
AED 1.9M · November 2021
Building
Panorama

About T2-602, Panorama

T2-602 is a two-bedroom apartment of 1,267 sqft on the 6th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 7 November 2021 for AED 1,900,000, or AED 1,499 per sqft, 7% above the AED 1,404 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 4 June 2020, is AED 119,668 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 23,400 a year.

Sales and rents for T2-602 over time

Sales
Unit T2-602, each saleTypical two-bed in Panorama
2M3M2012201620202024Typical sale price by year: 2012 AED 1,338,194; 2013 AED 1,667,443; 2014 AED 2,092,620; 2015 AED 1,548,633; 2016 AED 2,400,000; 2018 AED 1,700,000; 2019 AED 1,700,000; 2020 AED 2,025,000; 2021 AED 1,800,000; 2022 AED 1,775,000; 2023 AED 2,155,000; 2024 AED 2,525,000; 2025 AED 2,950,000Sold by developer, July 2012: AED 1,387,888 (AED 1,095 per sqft)Sold, November 2012: AED 1,485,000 (AED 1,172 per sqft)Sold, May 2013: AED 1,651,587 (AED 1,303 per sqft)Sold, November 2014: AED 2,250,000 (AED 1,776 per sqft)Sold, March 2015: AED 2,250,000 (AED 1,776 per sqft)Sold, November 2021: AED 1,900,000 (AED 1,499 per sqft)

T2-602 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-602, each contractTypical two-bed in Panorama
125K150K175K20152018202120242027Typical rent by year: 2015 AED 165,000; 2016 AED 164,755; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 124,500; 2023 AED 130,625; 2024 AED 156,000; 2025 AED 169,000; 2026 AED 165,000New contract, June 2017: AED 150,000 a yearRenewal, June 2019: AED 130,000 a yearRenewal, June 2020: AED 119,668 a year

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

2-beds in Panorama, and where T2-602 sits

All 68 2-beds →

T2-602 last sold in November 2021 at AED 1,499 per sqft, 7% above what two-beds in Panorama were fetching at the time (AED 1,404). T2-602's AED 119,668 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 20253,500,000
27 Feb 20252,950,000
21 Feb 20252,700,000
4 Sep 20243,200,000
0 2-bed 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 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
T1-604AED 1.45M · Mar 2015
T2-6011-bedAED 1.25M · Dec 2022
T2-6032-bedAED 1.41M · Mar 2015
T2-6043-bedAED 1.83M · Mar 2015
1–7 of 20

T2-602, Panorama in numbers

  • Sold 6 times: first on 8 July 2012 for AED 1,387,888, last on 7 November 2021 for AED 1,900,000 (AED 1,499 per sqft).
  • Rented since June 2017 on 3 Ejari contracts, from AED 150,000 to AED 119,668 a year.
  • At AED 119,668 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 23,400 a year (AED 18.46 per sqft).

Source: Dubai Land Department. Updated 7 November 2021.

Questions about T2-602, Panorama

What did unit T2-602 last sell for?

AED 1,900,000 on 7 November 2021: AED 1,499 per sqft for 1,267 sqft. The unit has 6 registered sales; the first was AED 1,387,888 in July 2012.

What is the rent for unit T2-602?

AED 119,668 a year on the contract renewed on 4 June 2020. The previous contract, from June 2019, was AED 130,000; the unit has been rented since June 2017.

How big is unit T2-602?

1,267 sqft (117.7 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2015.

What is unit T2-602 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 T2-602, Panorama

Starts from the last sale price (AED 1.9M, 7 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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