3-bed · 1,655 sqftPanorama, The Views · 8th floor · completed 2015

T1-802, Panorama

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-802 · DLD and Ejari recordsUpdated 18 July 2018
Last soldAED 2.8M18 July 2018
Current rentAED 210K /yr25 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-802, Panorama

What is T1-802 worth today?

Last sold for AED 2,800,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jul 2018SoldReady
AED 2,800,000AED 1,691 per sqft
25 Jan 2018RentedRenewal
AED 210,000/yr12 months · AED 127 per sqft
25 Jun 2017RentedRenewal
AED 210,000/yr7 months · AED 127 per sqft
25 Jun 2016RentedNew contract
AED 210,000/yr12 months · AED 127 per sqft
25 Dec 2015RentedRenewal
AED 230,000/yr6 months · AED 139 per sqft
16 Mar 2015Sold by developerReady
AED 2,352,888AED 1,421 per sqft
25 Dec 2014RentedNew contract
AED 230,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 18 July 2018.

Key facts

Type
3-bed apartment
Size
1,655 sqft
Floor
8th of 14
Parking
G-334,G-335
Developer
Emaar
Completed
2015
Service charge
AED 30,600 /yr
Last sold
AED 2.8M · July 2018
Building
Panorama

About T1-802, Panorama

T1-802 is a three-bedroom apartment of 1,655 sqft on the 8th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 18 July 2018 for AED 2,800,000, or AED 1,691 per sqft, 7% above the AED 1,580 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 25 January 2018, is AED 210,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 30,600 a year.

Sales and rents for T1-802 over time

Sales
Unit T1-802, 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 2,352,888 (AED 1,421 per sqft)Sold, July 2018: AED 2,800,000 (AED 1,691 per sqft)

T1-802 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T1-802, each contractTypical three-bed in Panorama
150K200K2014201820222026Typical 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 230,000 a yearRenewal, December 2015: AED 230,000 a yearNew contract, June 2016: AED 210,000 a yearRenewal, June 2017: AED 210,000 a yearRenewal, January 2018: AED 210,000 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 T1-802 sits

All 97 3-beds →

T1-802 last sold in July 2018 at AED 1,691 per sqft, 7% above what three-beds in Panorama were fetching at the time (AED 1,580). 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. T1-802's AED 210,000 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 8th floor

All 224 units in Panorama
Value
T1-8013-bedAED 2.24M · Mar 2015
T1-8033-bedAED 1.78M · Mar 2015
T1-8041-bedAED 1.02M · Jul 2021
T2-8011-bedAED 1.18M · Apr 2023
T2-8022-bedAED 2.3M · Jun 2014
T2-8032-bedAED 942K · Mar 2015
T2-8043-bedAED 3.4M · Dec 2014
1–7 of 19

T1-802, Panorama in numbers

  • Sold twice: first on 16 March 2015 for AED 2,352,888, last on 18 July 2018 for AED 2,800,000 (AED 1,691 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 230,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 30,600 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 18 July 2018.

Questions about T1-802, Panorama

What did unit T1-802 last sell for?

AED 2,800,000 on 18 July 2018: AED 1,691 per sqft for 1,655 sqft. The unit has 2 registered sales; the first was AED 2,352,888 in March 2015.

What is the rent for unit T1-802?

AED 210,000 a year on the contract renewed on 25 January 2018. The previous contract, from June 2017, was AED 210,000; the unit has been rented since December 2014.

How big is unit T1-802?

1,655 sqft (153.8 sqm): a three-bedroom apartment on the 8th floor of a 14-storey tower completed in 2015.

What is unit T1-802 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.

Selling T1-802? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on T1-802, Panorama

Starts from the last sale price (AED 2.8M, 18 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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