3-bed · 1,955 sqftPanorama, The Views · 5th floor · completed 2015

T1-504, Panorama

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-504 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 3.15M31 May 2023
Current rentAED 175K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-504, Panorama

What is T1-504 worth today?

Last sold for AED 3,150,000 in 2023

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31 May 2023SoldReady
AED 3,150,000AED 1,611 per sqft
15 Aug 2022RentedRenewal
AED 175,000/yr12 months · AED 89 per sqft
15 Aug 2021RentedNew contract
AED 165,000/yr12 months · AED 84 per sqft
15 Apr 2018SoldReady
AED 2,725,000AED 1,393 per sqft
8 Feb 2016RentedNew contract
AED 210,000/yr12 months · AED 107 per sqft
1 Feb 2016RentedRenewal
AED 225,000/yr12 months · AED 115 per sqft
16 Mar 2015SoldReady
AED 2,194,845AED 1,122 per sqft
1 Feb 2015RentedNew contract
AED 220,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
3-bed apartment
Size
1,955 sqft
Floor
5th of 14
Parking
G-247,G-248
Developer
Emaar
Completed
2015
Service charge
AED 36,100 /yr
Last sold
AED 3.15M · May 2023
Building
Panorama

About T1-504, Panorama

T1-504 is a three-bedroom apartment of 1,955 sqft on the 5th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 31 May 2023 for AED 3,150,000, or AED 1,611 per sqft, 8% above the AED 1,498 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 175,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 36,100 a year.

Sales and rents for T1-504 over time

Sales
Unit T1-504, each saleTypical three-bed in Panorama
2M3M4M2012201620202024Typical sale price by year: 2012 AED 1,780,888; 2013 AED 2,127,335; 2014 AED 2,447,444; 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 3,900,000Sold by developer, June 2012: AED 2,060,888 (AED 1,054 per sqft)Sold, July 2012: AED 2,194,845 (AED 1,122 per sqft)Sold, March 2015: AED 2,194,845 (AED 1,122 per sqft)Sold, April 2018: AED 2,725,000 (AED 1,393 per sqft)Sold, May 2023: AED 3,150,000 (AED 1,611 per sqft)

T1-504 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-504, each contractTypical three-bed in Panorama
150K200K20152018202120242027Typical rent by year: 2015 AED 210,000; 2016 AED 210,000; 2017 AED 205,000; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 157,500; 2021 AED 150,000; 2022 AED 160,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 225,000New contract, February 2015: AED 220,000 a yearNew contract, February 2016: AED 210,000 a yearRenewal, February 2016: AED 225,000 a yearNew contract, August 2021: AED 165,000 a yearRenewal, August 2022: AED 175,000 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 T1-504 sits

All 97 3-beds →

T1-504 last sold in May 2023 at AED 1,611 per sqft, 8% above what three-beds in Panorama were fetching at the time (AED 1,498). Over the last 12 months three-beds sold for AED 3,350,000 to 4,550,000, around AED 2,243 per sqft, and rent for AED 160,000 to 336,000 a year. T1-504's AED 175,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20263,350,000
15 Dec 20254,550,000
29 Oct 20253,950,000
9 Jul 20253,500,000
2 3-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. 8 sold in the last 12 months.

Typical price per sqft
AED 2,314
Typical sale
AED 3.32M
Typical rent
AED 177K /yr
Typical yield
5.6%
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
T1-5051-bedAED 1.45M · Jun 2025
T2-5011-bedAED 1.58M · Jun 2025
T2-5023-bedAED 2.06M · Mar 2015
T2-5032-bedAED 2.38M · Oct 2023
1–7 of 24

T1-504, Panorama in numbers

  • Sold 5 times: first on 28 June 2012 for AED 2,060,888, last on 31 May 2023 for AED 3,150,000 (AED 1,611 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 220,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 36,100 a year (AED 18.46 per sqft).
  • Three-beds in Panorama sold for AED 3,350,000–4,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,314 per sqft.

Source: Dubai Land Department. Updated 31 May 2023.

Questions about T1-504, Panorama

What did unit T1-504 last sell for?

AED 3,150,000 on 31 May 2023: AED 1,611 per sqft for 1,955 sqft. The unit has 5 registered sales; the first was AED 2,060,888 in June 2012.

What is the rent for unit T1-504?

AED 175,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 165,000; the unit has been rented since February 2015.

How big is unit T1-504?

1,955 sqft (181.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2015.

What is unit T1-504 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 3,350,000 to 4,550,000 in the last 12 months, around AED 2,243 per sqft.

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Mortgage on T1-504, Panorama

Starts from the last sale price (AED 3.15M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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