Penthouse · 3,585 sqftPanorama, The Views · 13th floor · completed 2015

T2-1305, Panorama

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1305 · DLD and Ejari recordsUpdated 25 August 2022
Last soldAED 3.2M25 August 2022
Current rentAED 175K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1305, Panorama

What is T2-1305 worth today?

Last sold for AED 3,200,000 in 2022

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25 Aug 2022SoldReady
AED 3,200,000AED 892 per sqft
1 Feb 2022RentedNew contract
AED 175,000/yr12 months · AED 49 per sqft
8 Jan 2018RentedNew contract
AED 192,106/yr13 months · AED 54 per sqft
15 Aug 2017RentedRenewal
AED 215,821/yr3 months · AED 60 per sqft
15 Apr 2017RentedRenewal
AED 220,000/yr4 months · AED 61 per sqft
15 Apr 2016RentedRenewal
AED 220,000/yr12 months · AED 61 per sqft
15 Apr 2015RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
8 Jul 2012Sold by developerOff-plan
AED 2,828,888AED 789 per sqft

Source: Dubai Land Department. Updated 25 August 2022.

Key facts

Type
Penthouse apartment
Size
3,585 sqft
Floor
13th of 14
Parking
G-155,G-156
Developer
Emaar
Completed
2015
Service charge
AED 66,200 /yr
Last sold
AED 3.2M · August 2022
Building
Panorama

About T2-1305, Panorama

T2-1305 is a penthouse of 3,585 sqft on the 13th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 25 August 2022 for AED 3,200,000, or AED 892 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2022, is AED 175,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 66,200 a year.

Sales and rents for T2-1305 over time

Sales
Unit T2-1305, each saleTypical penthouse in Panorama
4M2012201620202024Typical 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 2,828,888 (AED 789 per sqft)Sold, August 2022: AED 3,200,000 (AED 892 per sqft)

T2-1305 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit T2-1305, 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, April 2015: AED 240,000 a yearRenewal, April 2016: AED 220,000 a yearRenewal, April 2017: AED 220,000 a yearRenewal, August 2017: AED 215,821 a yearNew contract, January 2018: AED 192,106 a yearNew contract, February 2022: AED 175,000 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 T2-1305 sits

All 13 penthouses →

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. T2-1305's AED 175,000 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
T2-1301PenthouseAED 5.1M · May 2023
T2-1302PenthouseAED 5.05M · Mar 2015
T2-1303PenthouseAED 5M · Jun 2014
T2-1304PenthouseAED 3.25M · Aug 2026
T2-13062-bedAED 1.7M · Jun 2013

T2-1305, Panorama in numbers

  • Sold twice: first on 8 July 2012 for AED 2,828,888, last on 25 August 2022 for AED 3,200,000 (AED 892 per sqft).
  • Rented since April 2015 on 6 Ejari contracts, from AED 240,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 66,200 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 25 August 2022.

Questions about T2-1305, Panorama

What did unit T2-1305 last sell for?

AED 3,200,000 on 25 August 2022: AED 892 per sqft for 3,585 sqft. The unit has 2 registered sales; the first was AED 2,828,888 in July 2012.

What is the rent for unit T2-1305?

AED 175,000 a year on the contract signed on 1 February 2022. The previous contract, from January 2018, was AED 192,106; the unit has been rented since April 2015.

How big is unit T2-1305?

3,585 sqft (333.1 sqm): a penthouse on the 13th floor of a 14-storey tower completed in 2015.

What is unit T2-1305 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 T2-1305, Panorama

Starts from the last sale price (AED 3.2M, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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