2-bed · 1,334 sqftPanorama, The Views · 3rd floor · completed 2015

T2-304, 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 T2-304 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.54M12 March 2015
Current rentAED 195K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-304, Panorama

What is T2-304 worth today?

Last sold for AED 1,541,285 in 2015

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15 May 2024RentedNew contract
AED 195,000/yr12 months · AED 146 per sqft
21 Feb 2024RentedRenewal
AED 156,000/yr12 months · AED 117 per sqft
21 Feb 2023RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
21 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
21 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
1 Jun 2019RentedRenewal
AED 158,000/yr12 months · AED 118 per sqft
1 Jun 2018RentedRenewal
AED 165,000/yr12 months · AED 124 per sqft
1 Jun 2017RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
3rd of 14
Parking
G-250
Developer
Emaar
Completed
2015
Service charge
AED 24,600 /yr
Last sold
AED 1.54M · March 2015
Building
Panorama

About T2-304, Panorama

T2-304 is a two-bedroom apartment of 1,334 sqft on the 3rd floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 12 March 2015 for AED 1,541,285, or AED 1,155 per sqft, in line with the AED 1,155 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 May 2024, is AED 195,000 a year: a gross yield of 12.7% on the 2015 price, before the service charge of about AED 24,600 a year.

Sales and rents for T2-304 over time

Sales
Unit T2-304, 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 1,467,888 (AED 1,100 per sqft)Sold, August 2012: AED 1,541,285 (AED 1,155 per sqft)Sold, March 2015: AED 1,541,285 (AED 1,155 per sqft)

T2-304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-304, each contractTypical two-bed in Panorama
100K150K200K20152018202120242027Typical 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, April 2015: AED 160,000 a yearRenewal, April 2016: AED 159,557 a yearNew contract, June 2017: AED 165,000 a yearRenewal, June 2018: AED 165,000 a yearRenewal, June 2019: AED 158,000 a yearNew contract, February 2021: AED 110,000 a yearRenewal, February 2022: AED 115,000 a yearRenewal, February 2023: AED 130,000 a yearRenewal, February 2024: AED 156,000 a yearNew contract, May 2024: AED 195,000 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 T2-304 sits

All 69 2-beds →

T2-304 last sold in March 2015 at AED 1,155 per sqft, in line with what two-beds in Panorama were fetching at the time (AED 1,155). 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. T2-304's AED 195,000 is at the top 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 3rd floor

All 224 units in Panorama
Value
T1-3013-bedAED 3.2M · Oct 2023
T1-3023-bedAED 3M · Apr 2015
T1-3033-bedAED 1.83M · Oct 2012
T1-3043-bedAED 2.4M · Jul 2013
T1-3051-bedAED 683K · Mar 2015
T2-3011-bedAED 683K · Mar 2015
T2-3023-bedAED 3.1M · May 2015
1–7 of 24

T2-304, Panorama in numbers

  • Sold 3 times: first on 5 July 2012 for AED 1,467,888, last on 12 March 2015 for AED 1,541,285 (AED 1,155 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 110,000 in 2021 and recovered to AED 195,000 by May 2024.
  • At AED 195,000 a year the gross yield on the 2015 price is 12.7%, before a service charge of about AED 24,600 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 15 May 2024.

Questions about T2-304, Panorama

What did unit T2-304 last sell for?

AED 1,541,285 on 12 March 2015: AED 1,155 per sqft for 1,334 sqft. The unit has 3 registered sales; the first was AED 1,467,888 in July 2012.

What is the rent for unit T2-304?

AED 195,000 a year on the contract signed on 15 May 2024. The previous contract, from February 2024, was AED 156,000; the unit has been rented since April 2015.

How big is unit T2-304?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2015.

What is unit T2-304 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 T2-304, Panorama

Starts from the last sale price (AED 1.54M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,541,285
Deposit, UAE resident (20%)
AED 308,257
Deposit, non-resident (40%)
AED 616,514
Monthly over 25 years at 3.7%
AED 6,306

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