2-bed · 1,279 sqftPanorama, The Views · 12th floor · completed 2015

T2-1205, Panorama

Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1205 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 2.2M16 March 2015
Current rentAED 127K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1205, Panorama

What is T2-1205 worth today?

Last sold for AED 2,200,000 in 2015

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18 Oct 2024RentedRenewal
AED 126,500/yr9 months · AED 99 per sqft
18 Oct 2023RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
18 Oct 2022RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
18 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
18 Oct 2020RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
18 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
30 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 117 per sqft
16 Mar 2015SoldReady
AED 2,200,000AED 1,720 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,279 sqft
Floor
12th of 14
Parking
G-133
Developer
Emaar
Completed
2015
Service charge
AED 23,600 /yr
Last sold
AED 2.2M · March 2015
Building
Panorama

About T2-1205, Panorama

T2-1205 is a two-bedroom apartment of 1,279 sqft on the 12th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 16 March 2015 for AED 2,200,000, or AED 1,720 per sqft, 48% above the AED 1,159 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 126,500 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 23,600 a year.

Sales and rents for T2-1205 over time

Sales
Unit T2-1205, 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 1,302,888 (AED 1,018 per sqft)Sold, November 2014: AED 2,200,000 (AED 1,720 per sqft)Sold, March 2015: AED 2,200,000 (AED 1,720 per sqft)

T2-1205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1205, 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, March 2015: AED 150,000 a yearNew contract, October 2019: AED 120,000 a yearRenewal, October 2020: AED 115,000 a yearRenewal, October 2021: AED 115,000 a yearRenewal, October 2022: AED 115,000 a yearRenewal, October 2023: AED 115,000 a yearRenewal, October 2024: AED 126,500 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 T2-1205 sits

All 69 2-beds →

T2-1205 last sold in March 2015 at AED 1,720 per sqft, 48% above what two-beds in Panorama were fetching at the time (AED 1,159). 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. T2-1205's AED 126,500 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
T2-12042-bedAED 2.55M · Apr 2024
T2-12063-bedAED 2.68M · Jun 2023

T2-1205, Panorama in numbers

  • Sold 3 times: first on 7 July 2012 for AED 1,302,888, last on 16 March 2015 for AED 2,200,000 (AED 1,720 per sqft).
  • Rented since March 2015 on 7 Ejari contracts, from AED 150,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2015 price is 5.8%, 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 18 October 2024.

Questions about T2-1205, Panorama

What did unit T2-1205 last sell for?

AED 2,200,000 on 16 March 2015: AED 1,720 per sqft for 1,279 sqft. The unit has 3 registered sales; the first was AED 1,302,888 in July 2012.

What is the rent for unit T2-1205?

AED 126,500 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 115,000; the unit has been rented since March 2015.

How big is unit T2-1205?

1,279 sqft (118.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2015.

What is unit T2-1205 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 T2-1205, Panorama

Starts from the last sale price (AED 2.2M, 16 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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