2-bed · 1,340 sqftPanorama, The Views · 6th floor · completed 2015

T3-604, Panorama

Sold prices and rental history: sold once, by the developer 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 T3-604 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.2M12 March 2015
Current rentAED 100K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T3-604, Panorama

What is T3-604 worth today?

Last sold for AED 1,204,888 in 2015

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15 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 75 per sqft
15 Jan 2024RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
15 Jan 2022RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
22 Jan 2021RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft
29 Apr 2019RentedRenewal
AED 140,000/yr6 months · AED 104 per sqft
29 Apr 2018RentedRenewal
AED 140,000/yr12 months · AED 104 per sqft
15 Sep 2015RentedNew contract
AED 179,006/yr12 months · AED 134 per sqft
12 Mar 2015Sold by developerReady
AED 1,204,888AED 899 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
2-bed apartment
Size
1,340 sqft
Floor
6th of 14
Parking
G-56
Developer
Emaar
Completed
2015
Service charge
AED 24,700 /yr
Last sold
AED 1.2M · March 2015
Building
Panorama

About T3-604, Panorama

T3-604 is a two-bedroom apartment of 1,340 sqft on the 6th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. The developer sold it on 12 March 2015 for AED 1,204,888, or AED 899 per sqft, 22% below the AED 1,159 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 100,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 24,700 a year.

Sales and rents for T3-604 over time

Sales
Unit T3-604, 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, March 2015: AED 1,204,888 (AED 899 per sqft)

T3-604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit T3-604, each contractTypical two-bed in Panorama
100K150K20152018202120242027Typical 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, September 2015: AED 179,006 a yearRenewal, April 2018: AED 140,000 a yearRenewal, April 2019: AED 140,000 a yearNew contract, January 2021: AED 95,000 a yearNew contract, January 2022: AED 125,000 a yearRenewal, January 2024: AED 100,000 a yearRenewal, January 2024: AED 140,000 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 T3-604 sits

All 68 2-beds →

T3-604 last sold in March 2015 at AED 899 per sqft, 22% below what two-beds in Panorama were fetching at the time (AED 1,159). T3-604's AED 100,000 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
T2-6022-bedAED 1.9M · Nov 2021
T2-6032-bedAED 1.41M · Mar 2015
1–7 of 20

T3-604, Panorama in numbers

  • Sold once: by Emaar on 12 March 2015 for AED 1,204,888, or AED 899 per sqft.
  • Rented since September 2015 on 7 Ejari contracts, from AED 179,006 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 24,700 a year (AED 18.46 per sqft).

Source: Dubai Land Department. Updated 15 January 2024.

Questions about T3-604, Panorama

What did unit T3-604 last sell for?

AED 1,204,888 on 12 March 2015, sold by the developer: AED 899 per sqft for 1,340 sqft. It is the only registered sale of the unit.

What is the rent for unit T3-604?

AED 100,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2024, was AED 140,000; the unit has been rented since September 2015.

How big is unit T3-604?

1,340 sqft (124.5 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2015.

What is unit T3-604 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 T3-604, Panorama

Starts from the last sale price (AED 1.2M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,204,888
Deposit, UAE resident (20%)
AED 240,978
Deposit, non-resident (40%)
AED 481,955
Monthly over 25 years at 3.7%
AED 4,930

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