3-bed · 1,483 sqftPanorama, The Views · 12th floor · completed 2015

T2-1206, Panorama

Sold prices and rental history: sold 5 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1206 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 2.68M7 June 2023
Current rentAED 180K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1206, Panorama

What is T2-1206 worth today?

Last sold for AED 2,675,000 in 2023

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7 Jun 2023SoldReady
AED 2,675,000AED 1,803 per sqft
1 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 121 per sqft
11 Nov 2021RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
11 Nov 2020RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
11 Nov 2019RentedRenewal
AED 175,000/yr12 months · AED 118 per sqft
11 Nov 2018RentedNew contract
AED 185,000/yr12 months · AED 125 per sqft
31 Oct 2017RentedRenewal
AED 185,000/yr12 months · AED 125 per sqft
31 Oct 2016RentedRenewal
AED 185,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
3-bed apartment
Size
1,483 sqft
Floor
12th of 14
Parking
G-226,G-227
Developer
Emaar
Completed
2015
Service charge
AED 27,400 /yr
Last sold
AED 2.68M · June 2023
Building
Panorama

About T2-1206, Panorama

T2-1206 is a three-bedroom apartment of 1,483 sqft on the 12th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 7 June 2023 for AED 2,675,000, or AED 1,803 per sqft, 16% above the AED 1,555 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 October 2022, is AED 180,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 27,400 a year.

Sales and rents for T2-1206 over time

Sales
Unit T2-1206, each saleTypical three-bed in Panorama
2M4M2012201620202024Typical 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, July 2012: AED 1,492,888 (AED 1,006 per sqft)Sold, October 2013: AED 1,657,108 (AED 1,117 per sqft)Sold, March 2015: AED 1,657,108 (AED 1,117 per sqft)Sold, September 2015: AED 2,800,000 (AED 1,888 per sqft)Sold, June 2023: AED 2,675,000 (AED 1,803 per sqft)

T2-1206 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit T2-1206, each contractTypical three-bed in Panorama
150K200K20152018202120242027Typical 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, October 2015: AED 185,000 a yearRenewal, October 2016: AED 185,000 a yearRenewal, October 2017: AED 185,000 a yearNew contract, November 2018: AED 185,000 a yearRenewal, November 2019: AED 175,000 a yearRenewal, November 2020: AED 150,000 a yearRenewal, November 2021: AED 150,000 a yearNew contract, October 2022: AED 180,000 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 T2-1206 sits

All 97 3-beds →

T2-1206 last sold in June 2023 at AED 1,803 per sqft, 16% above what three-beds in Panorama were fetching at the time (AED 1,555). 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. T2-1206's AED 180,000 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 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
T2-12052-bedAED 2.2M · Mar 2015

T2-1206, Panorama in numbers

  • Sold 5 times: first on 8 July 2012 for AED 1,492,888, last on 7 June 2023 for AED 2,675,000 (AED 1,803 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 185,000 to AED 150,000 in 2021 and recovered to AED 180,000 by October 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 27,400 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 7 June 2023.

Questions about T2-1206, Panorama

What did unit T2-1206 last sell for?

AED 2,675,000 on 7 June 2023: AED 1,803 per sqft for 1,483 sqft. The unit has 5 registered sales; the first was AED 1,492,888 in July 2012.

What is the rent for unit T2-1206?

AED 180,000 a year on the contract signed on 1 October 2022. The previous contract, from November 2021, was AED 150,000; the unit has been rented since October 2015.

How big is unit T2-1206?

1,483 sqft (137.8 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2015.

What is unit T2-1206 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 T2-1206, Panorama

Starts from the last sale price (AED 2.68M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,675,000
Deposit, UAE resident (20%)
AED 535,000
Deposit, non-resident (40%)
AED 1,070,000
Monthly over 25 years at 3.7%
AED 10,944

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