2-bed · 1,405 sqftTanaro, The Views · 16th floor · completed 2010

1616, Tanaro

Sold prices and rental history: sold 4 times, last in January 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 17 May 2024
Last soldAED 750K2 January 2012
Current rentAED 170K /yr17 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1616, Tanaro

What is 1616 worth today?

Last sold for AED 750,000 in 2012

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17 May 2024RentedNew contract
AED 170,000/yr12 months · AED 121 per sqft
20 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
20 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
20 Mar 2020RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
20 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
1 May 2017RentedRenewal
AED 155,000/yr12 months · AED 110 per sqft
1 May 2016RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
1 Feb 2014RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 17 May 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
16th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,800 /yr
Last sold
AED 750K · January 2012
Building
Tanaro

About 1616, Tanaro

1616 is a two-bedroom apartment of 1,405 sqft on the 16th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 2 January 2012 for AED 750,000, or AED 1,067 per sqft, 22% below the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 17 May 2024, is AED 170,000 a year: a gross yield of 22.7% on the 2012 price, before the service charge of about AED 28,800 a year.

Sales and rents for 1616 over time

Sales
Unit 1616, each saleTypical two-bed in Tanaro
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,058,388; 2010 AED 1,991,888; 2011 AED 1,884,694; 2012 AED 1,475,000; 2013 AED 1,850,000; 2014 AED 2,300,000; 2015 AED 2,100,000; 2016 AED 2,000,000; 2017 AED 2,030,000; 2018 AED 1,775,000; 2019 AED 1,490,000; 2020 AED 1,290,000; 2021 AED 1,452,500; 2022 AED 1,815,000; 2023 AED 2,000,000; 2024 AED 2,400,000; 2025 AED 2,750,000Sold by developer, March 2010: AED 2,871,888 (AED 2,044 per sqft)Sold, February 2011: AED 2,871,888 (AED 2,044 per sqft)Sold, December 2011: AED 750,000 (AED 1,067 per sqft)Sold, January 2012: AED 750,000 (AED 1,067 per sqft)

1616 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1616, each contractTypical two-bed in Tanaro
100K150K2012201620202024Typical rent by year: 2012 AED 113,750; 2013 AED 125,000; 2014 AED 130,000; 2015 AED 147,488; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 127,500; 2019 AED 115,000; 2020 AED 97,000; 2021 AED 95,000; 2022 AED 108,657; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 160,000; 2026 AED 168,748New contract, February 2013: AED 130,000 a yearNew contract, February 2014: AED 130,000 a yearNew contract, May 2016: AED 155,000 a yearRenewal, May 2017: AED 155,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2020: AED 120,000 a yearRenewal, March 2021: AED 120,000 a yearRenewal, March 2022: AED 120,000 a yearNew contract, May 2024: AED 170,000 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 Tanaro, and where 1616 sits

All 113 2-beds →

1616 last sold in January 2012 at AED 1,067 per sqft, 22% below what two-beds in Tanaro were fetching at the time (AED 1,375). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,016 per sqft, and rent for AED 75,000 to 230,000 a year. 1616's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20252,750,000
29 Jul 20252,800,000
2 Jun 20252,800,000
26 May 20252,685,000
1 2-bed sale in the last 12 months

Tanaro

Building

249 apartments, 1-bed to 3-bed over 23 floors in The Views, completed in 2010 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,016
Typical sale
AED 1.6M
Typical rent
AED 110K /yr
Typical yield
6.5%
Tanaro, The Views: prices, sales and rents →

Other units on the 16th floor

All 249 units in Tanaro
Value
16012-bedAED 1.28M · Sep 2020
16021-bedAED 1.3M · Jul 2023
16032-bedAED 2.15M · Nov 2016
16052-bedAED 1.28M · May 2012
16071-bedAED 1.24M · Sep 2015
16081-bedAED 782K · Apr 2012
16091-bedAED 782K · Apr 2012
1–7 of 11

1616, Tanaro in numbers

  • Sold 4 times: first on 2 March 2010 for AED 2,871,888, last on 2 January 2012 for AED 750,000 (AED 1,067 per sqft).
  • Rented since February 2013 on 9 Ejari contracts, from AED 130,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2012 price is 22.7%, before a service charge of about AED 28,800 a year (AED 20.50 per sqft).
  • Two-beds in Tanaro sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,016 per sqft.

Source: Dubai Land Department. Updated 17 May 2024.

Questions about 1616, Tanaro

What did unit 1616 last sell for?

AED 750,000 on 2 January 2012: AED 1,067 per sqft for 1,405 sqft. The unit has 4 registered sales; the first was AED 2,871,888 in March 2010.

What is the rent for unit 1616?

AED 170,000 a year on the contract signed on 17 May 2024. The previous contract, from March 2022, was AED 120,000; the unit has been rented since February 2013.

How big is unit 1616?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2010.

What is unit 1616 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tanaro sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,016 per sqft.

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Mortgage on 1616, Tanaro

Starts from the last sale price (AED 750K, 2 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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