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3-bed · 1,484 sqftPanorama, The Views · 14th floor · completed 2015

T2-1406, Panorama

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1406 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 3.2M4 September 2024
Current rentAED 160K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-1406, Panorama

What is T2-1406 worth today?

Last sold for AED 3,200,000 in 2024

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4 Sep 2024SoldReady
AED 3,200,000AED 2,155 per sqft
20 Jan 2020RentedRenewal
AED 160,000/yr12 months · AED 108 per sqft
20 Jul 2019RentedNew contract
AED 180,000/yr6 months · AED 121 per sqft
20 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 121 per sqft
20 Jul 2017RentedNew contract
AED 190,000/yr12 months · AED 128 per sqft
28 Jul 2016SoldReady
AED 2,000,000AED 1,347 per sqft
17 Jul 2016RentedNew contract
AED 200,000/yr12 months · AED 135 per sqft
21 Jun 2015RentedNew contract
AED 145,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
3-bed apartment
Size
1,484 sqft
Floor
14th of 14
Parking
G-300,G-301
Developer
Emaar
Completed
2015
Service charge
AED 27,400 /yr
Last sold
AED 3.2M · September 2024
Building
Panorama

About T2-1406, Panorama

T2-1406 is a three-bedroom apartment of 1,484 sqft on the 14th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 4 September 2024 for AED 3,200,000, or AED 2,155 per sqft, 12% above the AED 1,929 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 January 2020, is AED 160,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 27,400 a year.

Sales and rents for T2-1406 over time

Sales
Unit T2-1406, each saleTypical three-bed in Panorama
2M3M4M2012201620202024Typical 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, June 2015: AED 1,930,888 (AED 1,300 per sqft)Sold, July 2016: AED 2,000,000 (AED 1,347 per sqft)Sold, September 2024: AED 3,200,000 (AED 2,155 per sqft)

T2-1406 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit T2-1406, 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, June 2015: AED 145,000 a yearNew contract, July 2016: AED 200,000 a yearNew contract, July 2017: AED 190,000 a yearRenewal, July 2018: AED 180,000 a yearNew contract, July 2019: AED 180,000 a yearRenewal, January 2020: AED 160,000 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 T2-1406 sits

All 97 3-beds →

T2-1406 last sold in September 2024 at AED 2,155 per sqft, 12% above what three-beds in Panorama were fetching at the time (AED 1,929). 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. T2-1406's AED 160,000 is at the bottom 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 →

T2-1406, Panorama in numbers

  • Sold 3 times: first on 4 June 2015 for AED 1,930,888, last on 4 September 2024 for AED 3,200,000 (AED 2,155 per sqft).
  • Rented since June 2015 on 6 Ejari contracts, from AED 145,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.0%, 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 4 September 2024.

Questions about T2-1406, Panorama

What did unit T2-1406 last sell for?

AED 3,200,000 on 4 September 2024: AED 2,155 per sqft for 1,484 sqft. The unit has 3 registered sales; the first was AED 1,930,888 in June 2015.

What is the rent for unit T2-1406?

AED 160,000 a year on the contract renewed on 20 January 2020. The previous contract, from July 2019, was AED 180,000; the unit has been rented since June 2015.

How big is unit T2-1406?

1,484 sqft (137.9 sqm): a three-bedroom apartment on the 14th floor of a 14-storey tower completed in 2015.

What is unit T2-1406 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 T2-1406, Panorama

Starts from the last sale price (AED 3.2M, 4 September 2024). 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 →