Penthouse · 3,904 sqftPanorama, The Views · 13th floor · completed 2015

T2-1301, Panorama

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1301 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 5.1M22 May 2023
Current rentAED 235K /yr20 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1301, Panorama

What is T2-1301 worth today?

Last sold for AED 5,100,000 in 2023

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22 May 2023SoldReady
AED 5,100,000AED 1,306 per sqft
20 Jan 2022RentedNew contract
AED 235,000/yr12 months · AED 60 per sqft
20 Jan 2021RentedRenewal
AED 195,000/yr12 months · AED 50 per sqft
20 Jan 2020RentedRenewal
AED 205,000/yr12 months · AED 52 per sqft
20 Jan 2019RentedNew contract
AED 240,000/yr12 months · AED 61 per sqft
31 Mar 2015SoldReady
AED 5,700,000AED 1,460 per sqft
29 Mar 2015SoldReady
AED 2,958,888AED 757 per sqft
9 Jul 2012Sold by developerOff-plan
AED 2,958,888AED 757 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
Penthouse apartment
Size
3,904 sqft
Floor
13th of 14
Parking
G-276,G-277
Developer
Emaar
Completed
2015
Service charge
AED 72,100 /yr
Last sold
AED 5.1M · May 2023
Building
Panorama

About T2-1301, Panorama

T2-1301 is a penthouse of 3,904 sqft on the 13th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 22 May 2023 for AED 5,100,000, or AED 1,306 per sqft, in line with the AED 1,306 penthouses in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 January 2022, is AED 235,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 72,100 a year.

Sales and rents for T2-1301 over time

Sales
Unit T2-1301, each saleTypical penthouse in Panorama
4M6M2012201620202024Typical sale price by year: 2012 AED 2,946,888; 2013 AED 3,000,000; 2014 AED 5,000,000; 2015 AED 3,200,992; 2021 AED 3,412,500; 2023 AED 4,625,000; 2025 AED 5,247,500Sold by developer, July 2012: AED 2,958,888 (AED 757 per sqft)Sold, March 2015: AED 5,700,000 (AED 1,460 per sqft)Sold, March 2015: AED 2,958,888 (AED 757 per sqft)Sold, May 2023: AED 5,100,000 (AED 1,306 per sqft)

T2-1301 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit T2-1301, each contractTypical penthouse in Panorama
200K300K20152018202120242027Typical rent by year: 2015 AED 242,500; 2016 AED 247,500; 2017 AED 235,574; 2018 AED 230,000; 2019 AED 215,000; 2020 AED 200,000; 2021 AED 197,500; 2022 AED 230,000; 2023 AED 240,000; 2024 AED 237,250; 2025 AED 240,000; 2026 AED 320,000New contract, January 2019: AED 240,000 a yearRenewal, January 2020: AED 205,000 a yearRenewal, January 2021: AED 195,000 a yearNew contract, January 2022: AED 235,000 a year

Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.

Penthouses in Panorama, and where T2-1301 sits

All 13 penthouses →

T2-1301 last sold in May 2023 at AED 1,306 per sqft, in line with what penthouses in Panorama were fetching at the time (AED 1,306). Over the last 12 months penthouses sold for AED 3,250,000 to 11,000,000, around AED 2,444 per sqft, and rent for AED 280,000 to 350,000 a year. T2-1301's AED 235,000 is at the bottom of that range.

Recent penthouse salesUnit no.Price (AED)Summary
6 Aug 20263,250,000
6 May 202611,000,000
31 Jul 20255,800,000
22 Jul 20254,949,000
2 penthouse 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 13th floor

All 224 units in Panorama
Value
T2-1302PenthouseAED 5.05M · Mar 2015
T2-1303PenthouseAED 5M · Jun 2014
T2-1304PenthouseAED 3.25M · Aug 2026
T2-1305PenthouseAED 3.2M · Aug 2022
T2-13062-bedAED 1.7M · Jun 2013

T2-1301, Panorama in numbers

  • Sold 4 times: first on 9 July 2012 for AED 2,958,888, last on 22 May 2023 for AED 5,100,000 (AED 1,306 per sqft).
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 240,000 to AED 195,000 in 2021 and recovered to AED 235,000 by January 2022.
  • At AED 235,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 72,100 a year (AED 18.46 per sqft).
  • Penthouses in Panorama sold for AED 3,250,000–11,000,000 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 22 May 2023.

Questions about T2-1301, Panorama

What did unit T2-1301 last sell for?

AED 5,100,000 on 22 May 2023: AED 1,306 per sqft for 3,904 sqft. The unit has 4 registered sales; the first was AED 2,958,888 in July 2012.

What is the rent for unit T2-1301?

AED 235,000 a year on the contract signed on 20 January 2022. The previous contract, from January 2021, was AED 195,000; the unit has been rented since January 2019.

How big is unit T2-1301?

3,904 sqft (362.7 sqm): a penthouse on the 13th floor of a 14-storey tower completed in 2015.

What is unit T2-1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Panorama sold for AED 3,250,000 to 11,000,000 in the last 12 months, around AED 2,444 per sqft.

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Mortgage on T2-1301, Panorama

Starts from the last sale price (AED 5.1M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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