2-bed · 1,279 sqftPanorama, The Views · 10th floor · completed 2015

T2-1005, Panorama

Sold prices and rental history: sold 4 times, last in August 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1005 · DLD and Ejari recordsUpdated 2 August 2021
Last soldAED 1.8M2 August 2021
Current rentAED 135K /yr15 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1005, Panorama

What is T2-1005 worth today?

Last sold for AED 1,800,000 in 2021

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2 Aug 2021SoldReady
AED 1,800,000AED 1,407 per sqft
15 Oct 2019RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
12 Jul 2018RentedRenewal
AED 165,000/yr12 months · AED 129 per sqft
12 Jul 2017RentedNew contract
AED 165,000/yr12 months · AED 129 per sqft
20 Apr 2015SoldReady
AED 2,200,000AED 1,720 per sqft
1 Aug 2012SoldOff-plan
AED 1,368,341AED 1,070 per sqft
7 Jul 2012Sold by developerOff-plan
AED 1,290,888AED 1,009 per sqft

Source: Dubai Land Department. Updated 2 August 2021.

Key facts

Type
2-bed apartment
Size
1,279 sqft
Floor
10th of 14
Parking
G-128
Developer
Emaar
Completed
2015
Service charge
AED 23,600 /yr
Last sold
AED 1.8M · August 2021
Building
Panorama

About T2-1005, Panorama

T2-1005 is a two-bedroom apartment of 1,279 sqft on the 10th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 2 August 2021 for AED 1,800,000, or AED 1,407 per sqft, in line with the AED 1,407 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 October 2019, is AED 135,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 23,600 a year.

Sales and rents for T2-1005 over time

Sales
Unit T2-1005, each saleTypical two-bed in Panorama
1M2M3M2012201620202024Typical sale price by year: 2012 AED 1,337,500; 2013 AED 1,667,443; 2014 AED 2,092,620; 2015 AED 1,541,285; 2016 AED 2,400,000; 2018 AED 1,700,000; 2019 AED 1,700,000; 2020 AED 2,025,000; 2021 AED 1,800,000; 2022 AED 1,795,000; 2023 AED 2,155,000; 2024 AED 2,525,000; 2025 AED 2,700,000; 2026 AED 3,280,000Sold by developer, July 2012: AED 1,290,888 (AED 1,009 per sqft)Sold, August 2012: AED 1,368,341 (AED 1,070 per sqft)Sold, April 2015: AED 2,200,000 (AED 1,720 per sqft)Sold, August 2021: AED 1,800,000 (AED 1,407 per sqft)

T2-1005 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1005, each contractTypical two-bed in Panorama
125K150K175K20152018202120242027Typical rent by year: 2015 AED 165,000; 2016 AED 164,510; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 124,000; 2023 AED 130,000; 2024 AED 158,000; 2025 AED 170,000; 2026 AED 170,000New contract, July 2017: AED 165,000 a yearRenewal, July 2018: AED 165,000 a yearNew contract, October 2019: AED 135,000 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 Panorama, and where T2-1005 sits

All 69 2-beds →

T2-1005 last sold in August 2021 at AED 1,407 per sqft, in line with what two-beds in Panorama were fetching at the time (AED 1,407). Over the last 12 months two-beds sold for AED 3,000,000 to 3,400,000, around AED 2,547 per sqft, and rent for AED 59,645 to 195,000 a year. T2-1005's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,280,000
26 Mar 20263,000,000
18 Mar 20263,400,000
3 Oct 20252,540,000
3 2-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 10th floor

All 224 units in Panorama
Value
T1-10013-bedAED 3.6M · May 2024
T1-1002PenthouseAED 2.45M · Oct 2015
T1-1003PenthouseAED 4.05M · Jul 2024
T1-1004PenthouseAED 4.7M · Dec 2021
T1-10051-bedAED 1M · Jan 2023
T2-10011-bedAED 980K · Nov 2021
T2-10022-bedAED 1.41M · Mar 2015
1–7 of 14

T2-1005, Panorama in numbers

  • Sold 4 times: first on 7 July 2012 for AED 1,290,888, last on 2 August 2021 for AED 1,800,000 (AED 1,407 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 165,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 23,600 a year (AED 18.46 per sqft).
  • Two-beds in Panorama sold for AED 3,000,000–3,400,000 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 2 August 2021.

Questions about T2-1005, Panorama

What did unit T2-1005 last sell for?

AED 1,800,000 on 2 August 2021: AED 1,407 per sqft for 1,279 sqft. The unit has 4 registered sales; the first was AED 1,290,888 in July 2012.

What is the rent for unit T2-1005?

AED 135,000 a year on the contract signed on 15 October 2019. The previous contract, from July 2018, was AED 165,000; the unit has been rented since July 2017.

How big is unit T2-1005?

1,279 sqft (118.8 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2015.

What is unit T2-1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Panorama sold for AED 3,000,000 to 3,400,000 in the last 12 months, around AED 2,547 per sqft.

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Mortgage on T2-1005, Panorama

Starts from the last sale price (AED 1.8M, 2 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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