3-bed · 953 sqftPanorama, The Views · 6th floor · completed 2015

T1-601, Panorama

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

Unit T1-601 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 3.2M19 May 2014
Current rentAED 255K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-601, Panorama

What is T1-601 worth today?

Last sold for AED 3,200,000 in 2014

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20 Jun 2023RentedNew contract
AED 255,000/yr12 months · AED 134 per sqft
1 Aug 2022RentedRenewal
AED 178,500/yr12 months · AED 94 per sqft
1 Aug 2021RentedNew contract
AED 170,000/yr12 months · AED 89 per sqft
15 Jul 2019RentedNew contract
AED 200,000/yr24 months · AED 105 per sqft
1 Jan 2017RentedNew contract
AED 225,000/yr12 months · AED 118 per sqft
16 Dec 2014RentedNew contract
AED 230,103/yr12 months · AED 121 per sqft
19 May 2014SoldOff-plan
AED 3,200,000AED 1,679 per sqft
7 Jul 2012Sold by developerOff-plan
AED 1,917,888AED 1,006 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type
3-bed apartment
Size
953 sqft
Floor
6th of 14
Parking
G-206,G-207
Developer
Emaar
Completed
2015
Service charge
AED 17,600 /yr
Last sold
AED 3.2M · May 2014
Building
Panorama

About T1-601, Panorama

T1-601 is a three-bedroom apartment of 953 sqft on the 6th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 19 May 2014 for AED 3,200,000, or AED 1,679 per sqft, 29% above the AED 1,298 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 June 2023, is AED 255,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 17,600 a year.

Sales and rents for T1-601 over time

Sales
Unit T1-601, 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, July 2012: AED 1,917,888 (AED 1,006 per sqft)Sold, May 2014: AED 3,200,000 (AED 1,679 per sqft)

T1-601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-601, each contractTypical three-bed in Panorama
150K200K250K2014201820222026Typical 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, December 2014: AED 230,103 a yearNew contract, January 2017: AED 225,000 a yearNew contract, July 2019: AED 200,000 a yearNew contract, August 2021: AED 170,000 a yearRenewal, August 2022: AED 178,500 a yearNew contract, June 2023: AED 255,000 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 T1-601 sits

All 97 3-beds →

T1-601 last sold in May 2014 at AED 1,679 per sqft, 29% above what three-beds in Panorama were fetching at the time (AED 1,298). 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. T1-601's AED 255,000 is in the upper 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 6th floor

All 224 units in Panorama
Value
T1-6023-bedAED 1.76M · Mar 2015
T1-6033-bedAED 1.76M · Mar 2015
T1-6041-bedAED 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
T2-6043-bedAED 1.83M · Mar 2015
1–7 of 20

T1-601, Panorama in numbers

  • Sold twice: first on 7 July 2012 for AED 1,917,888, last on 19 May 2014 for AED 3,200,000 (AED 1,679 per sqft).
  • Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 230,103 to AED 170,000 in 2021 and recovered to AED 255,000 by June 2023.
  • At AED 255,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 17,600 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 20 June 2023.

Questions about T1-601, Panorama

What did unit T1-601 last sell for?

AED 3,200,000 on 19 May 2014: AED 1,679 per sqft for 953 sqft. The unit has 2 registered sales; the first was AED 1,917,888 in July 2012.

What is the rent for unit T1-601?

AED 255,000 a year on the contract signed on 20 June 2023. The previous contract, from August 2022, was AED 178,500; the unit has been rented since December 2014.

How big is unit T1-601?

953 sqft (88.5 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2015.

What is unit T1-601 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 T1-601, Panorama

Starts from the last sale price (AED 3.2M, 19 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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