2-bed · 1,340 sqftPanorama, The Views · 4th floor · completed 2015

T3-404, Panorama

Sold prices and rental history: sold 5 times, last in January 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T3-404 · DLD and Ejari recordsUpdated 16 January 2023
Last soldAED 1.85M16 January 2023
Current rentAED 160K /yr10 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T3-404, Panorama

What is T3-404 worth today?

Last sold for AED 1,850,000 in 2023

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16 Jan 2023SoldReady
AED 1,850,000AED 1,380 per sqft
19 Dec 2016SoldReady
AED 2,225,000AED 1,660 per sqft
10 Jan 2016RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
12 Mar 2015SoldReady
AED 1,295,368AED 966 per sqft
18 Dec 2014RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
4 Mar 2013SoldOff-plan
AED 1,295,368AED 966 per sqft
5 Jul 2012Sold by developerOff-plan
AED 1,193,888AED 891 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
2-bed apartment
Size
1,340 sqft
Floor
4th of 14
Parking
G-19
Developer
Emaar
Completed
2015
Service charge
AED 24,700 /yr
Last sold
AED 1.85M · January 2023
Building
Panorama

About T3-404, Panorama

T3-404 is a two-bedroom apartment of 1,340 sqft on the 4th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 16 January 2023 for AED 1,850,000, or AED 1,380 per sqft, 4% above the AED 1,325 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 10 January 2016, is AED 160,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 24,700 a year.

Sales and rents for T3-404 over time

Sales
Unit T3-404, each saleTypical two-bed in Panorama
1M2M3M2012201620202024Typical 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 1,193,888 (AED 891 per sqft)Sold, March 2013: AED 1,295,368 (AED 966 per sqft)Sold, March 2015: AED 1,295,368 (AED 966 per sqft)Sold, December 2016: AED 2,225,000 (AED 1,660 per sqft)Sold, January 2023: AED 1,850,000 (AED 1,380 per sqft)

T3-404 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T3-404, each contractTypical two-bed in Panorama
125K150K175K2014201820222026Typical 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, December 2014: AED 160,000 a yearNew contract, January 2016: AED 160,000 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 T3-404 sits

All 68 2-beds →

T3-404 last sold in January 2023 at AED 1,380 per sqft, 4% above what two-beds in Panorama were fetching at the time (AED 1,325). T3-404's AED 160,000 is in the upper half 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 4th floor

All 224 units in Panorama
Value
T1-4013-bedAED 2.02M · Mar 2015
T1-4023-bedAED 3.08M · Jun 2017
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
1–7 of 20

T3-404, Panorama in numbers

  • Sold 5 times: first on 5 July 2012 for AED 1,193,888, last on 16 January 2023 for AED 1,850,000 (AED 1,380 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 24,700 a year (AED 18.46 per sqft).

Source: Dubai Land Department. Updated 16 January 2023.

Questions about T3-404, Panorama

What did unit T3-404 last sell for?

AED 1,850,000 on 16 January 2023: AED 1,380 per sqft for 1,340 sqft. The unit has 5 registered sales; the first was AED 1,193,888 in July 2012.

What is the rent for unit T3-404?

AED 160,000 a year on the contract signed on 10 January 2016. The previous contract, from December 2014, was AED 160,000.

How big is unit T3-404?

1,340 sqft (124.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2015.

What is unit T3-404 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 T3-404, Panorama

Starts from the last sale price (AED 1.85M, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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