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3-bed · 1,953 sqftPanorama, The Views · 7th floor · completed 2015

T1-704, Panorama

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-704 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 2.67M12 March 2015
Current rentAED 252K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T1-704, Panorama

What is T1-704 worth today?

Last sold for AED 2,666,888 in 2015

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1 Oct 2026RentedRenewal
AED 252,000/yr12 months · AED 129 per sqft
1 Oct 2025RentedRenewal
AED 255,000/yr12 months · AED 131 per sqft
1 Oct 2024RentedNew contract
AED 250,000/yr12 months · AED 128 per sqft
8 Jan 2024RentedRenewal
AED 200,000/yr12 months · AED 102 per sqft
8 Jan 2023RentedRenewal
AED 200,000/yr12 months · AED 102 per sqft
8 Jan 2022RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft
8 Jan 2021RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft
8 Apr 2020RentedRenewal
AED 208,125/yr8 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
3-bed apartment
Size
1,953 sqft
Floor
7th of 14
Parking
G-271,G-272
Developer
Emaar
Completed
2015
Service charge
AED 36,100 /yr
Last sold
AED 2.67M · March 2015
Building
Panorama

About T1-704, Panorama

T1-704 is a three-bedroom apartment of 1,953 sqft on the 7th 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 2,666,888, or AED 1,365 per sqft, 9% above the AED 1,250 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 252,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 36,100 a year.

Sales and rents for T1-704 over time

Sales
Unit T1-704, 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, March 2015: AED 2,666,888 (AED 1,365 per sqft)

T1-704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-704, each contractTypical three-bed in Panorama
150K200K250K2015201920232027Typical 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 2016: AED 215,000 a yearRenewal, February 2017: AED 215,000 a yearRenewal, February 2018: AED 215,000 a yearNew contract, April 2019: AED 185,000 a yearRenewal, April 2020: AED 208,125 a yearNew contract, January 2021: AED 175,000 a yearNew contract, January 2022: AED 175,000 a yearRenewal, January 2023: AED 200,000 a yearRenewal, January 2024: AED 200,000 a yearNew contract, October 2024: AED 250,000 a yearRenewal, October 2025: AED 255,000 a yearRenewal, October 2026: AED 252,000 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 T1-704 sits

All 97 3-beds →

T1-704 last sold in March 2015 at AED 1,365 per sqft, 9% above what three-beds in Panorama were fetching at the time (AED 1,250). 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. T1-704's AED 252,000 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 7th floor

All 224 units in Panorama
Value
T1-7013-bedAED 3.4M · Apr 2015
T1-7023-bedAED 3.07M · Feb 2024
T1-7033-bedAED 3.18M · Oct 2023
T1-7051-bedAED 1.55M · May 2024
T2-7011-bedAED 1.2M · Apr 2023
T2-7023-bedAED 2.63M · Mar 2015
T2-7032-bedAED 2.4M · Apr 2023
1–7 of 23

T1-704, Panorama in numbers

  • Sold once: by Emaar on 12 March 2015 for AED 2,666,888, or AED 1,365 per sqft.
  • Rented since February 2016 on 12 Ejari contracts. The rent fell from AED 215,000 to AED 175,000 in 2022 and recovered to AED 252,000 by October 2026.
  • At AED 252,000 a year the gross yield on the 2015 price is 9.4%, 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 1 October 2026.

Questions about T1-704, Panorama

What did unit T1-704 last sell for?

AED 2,666,888 on 12 March 2015, sold by the developer: AED 1,365 per sqft for 1,953 sqft. It is the only registered sale of the unit.

What is the rent for unit T1-704?

AED 252,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 255,000; the unit has been rented since February 2016.

How big is unit T1-704?

1,953 sqft (181.4 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T1-704 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 T1-704, Panorama

Starts from the last sale price (AED 2.67M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,666,888
Deposit, UAE resident (20%)
AED 533,378
Deposit, non-resident (40%)
AED 1,066,755
Monthly over 25 years at 3.7%
AED 10,911

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