2-bed · 1,278 sqftPanorama, The Views · 12th floor · completed 2015

T2-1204, Panorama

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1204 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.55M24 April 2024
Current rentAED 127K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1204, Panorama

What is T2-1204 worth today?

Last sold for AED 2,550,000 in 2024

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1 Sep 2024RentedNew contract
AED 126,750/yr12 months · AED 99 per sqft
24 Apr 2024SoldReady
AED 2,550,000AED 1,995 per sqft
1 Sep 2023RentedRenewal
AED 120,750/yr12 months · AED 94 per sqft
1 Sep 2022RentedRenewal
AED 120,750/yr12 months · AED 94 per sqft
1 Sep 2021RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
1 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
9 Sep 2019RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
12 Mar 2015SoldReady
AED 1,900,000AED 1,486 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
12th of 14
Parking
G-132
Developer
Emaar
Completed
2015
Service charge
AED 23,600 /yr
Last sold
AED 2.55M · April 2024
Building
Panorama

About T2-1204, Panorama

T2-1204 is a two-bedroom apartment of 1,278 sqft on the 12th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 24 April 2024 for AED 2,550,000, or AED 1,995 per sqft, 4% above the AED 1,926 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 126,750 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 23,600 a year.

Sales and rents for T2-1204 over time

Sales
Unit T2-1204, 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, January 2014: AED 1,900,000 (AED 1,486 per sqft)Sold by developer, January 2014: AED 1,727,888 (AED 1,352 per sqft)Sold, March 2015: AED 1,900,000 (AED 1,486 per sqft)Sold, April 2024: AED 2,550,000 (AED 1,995 per sqft)

T2-1204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1204, 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, September 2019: AED 130,000 a yearNew contract, September 2020: AED 115,000 a yearRenewal, September 2021: AED 115,000 a yearRenewal, September 2022: AED 120,750 a yearRenewal, September 2023: AED 120,750 a yearNew contract, September 2024: AED 126,750 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 T2-1204 sits

All 69 2-beds →

T2-1204 last sold in April 2024 at AED 1,995 per sqft, 4% above what two-beds in Panorama were fetching at the time (AED 1,926). 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. T2-1204's AED 126,750 is in the lower 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 12th floor

All 224 units in Panorama
Value
T2-12012-bedAED 2.25M · Oct 2022
T2-12022-bedAED 1.52M · Mar 2015
T2-12033-bedAED 4M · Jan 2024
T2-12052-bedAED 2.2M · Mar 2015
T2-12063-bedAED 2.68M · Jun 2023

T2-1204, Panorama in numbers

  • Sold 4 times: first on 14 January 2014 for AED 1,727,888, last on 24 April 2024 for AED 2,550,000 (AED 1,995 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2021 and recovered to AED 126,750 by September 2024.
  • At AED 126,750 a year the gross yield on the 2024 price is 5.0%, 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 1 September 2024.

Questions about T2-1204, Panorama

What did unit T2-1204 last sell for?

AED 2,550,000 on 24 April 2024: AED 1,995 per sqft for 1,278 sqft. The unit has 4 registered sales; the first was AED 1,727,888 in January 2014.

What is the rent for unit T2-1204?

AED 126,750 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 120,750; the unit has been rented since September 2019.

How big is unit T2-1204?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2015.

What is unit T2-1204 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 T2-1204, Panorama

Starts from the last sale price (AED 2.55M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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