Home
Dubai prices
About
Research
2-bed · 1,278 sqftPanorama, The Views · 4th floor · completed 2015

T2-406, Panorama

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

Unit T2-406 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2.55M1 May 2024
Current rentAED 110K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow T2-406

Property timeline for T2-406, Panorama

What is T2-406 worth today?

Last sold for AED 2,550,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2024SoldReady
AED 2,550,000AED 1,994 per sqft
25 Jan 2023RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
25 Jan 2022RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
25 Jan 2021RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
25 Jan 2020RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
25 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 101 per sqft
25 Jan 2018RentedRenewal
AED 150,000/yr12 months · AED 117 per sqft
25 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
4th of 14
Parking
G-144
Developer
Emaar
Completed
2015
Service charge
AED 23,600 /yr
Last sold
AED 2.55M · May 2024
Building
Panorama

About T2-406, Panorama

T2-406 is a two-bedroom apartment of 1,278 sqft on the 4th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 1 May 2024 for AED 2,550,000, or AED 1,994 per sqft, in line with the AED 1,977 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 January 2023, is AED 110,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 23,600 a year.

Sales and rents for T2-406 over time

Sales
Unit T2-406, 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 1,252,888 (AED 980 per sqft)Sold, March 2015: AED 1,252,888 (AED 980 per sqft)Sold, May 2024: AED 2,550,000 (AED 1,994 per sqft)

T2-406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-406, each contractTypical two-bed in Panorama
100K150K20152018202120242027Typical 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, January 2015: AED 160,000 a yearNew contract, January 2016: AED 160,000 a yearRenewal, January 2017: AED 160,000 a yearRenewal, January 2018: AED 150,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, January 2020: AED 115,000 a yearNew contract, January 2021: AED 105,000 a yearRenewal, January 2022: AED 110,000 a yearRenewal, January 2023: AED 110,000 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 T2-406 sits

All 69 2-beds →

T2-406 last sold in May 2024 at AED 1,994 per sqft, in line with what two-beds in Panorama were fetching at the time (AED 1,977). 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. T2-406's AED 110,000 is in the lower half 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 4th floor

All 224 units in Panorama
Value
T1-4013-bedAED 2.02M · Mar 2015
T1-4023-bedAED 3.08M · Jun 2017
T1-4033-bedAED 1.67M · Mar 2015
T1-4041-bedAED 687K · Jul 2012
T2-4011-bedAED 880K · Mar 2015
T2-4022-bedAED 1.31M · Mar 2015
T2-4032-bedAED 1.55M · Mar 2015
1–7 of 20

T2-406, Panorama in numbers

  • Sold 3 times: first on 8 July 2012 for AED 1,252,888, last on 1 May 2024 for AED 2,550,000 (AED 1,994 per sqft).
  • Rented since January 2015 on 9 Ejari contracts, from AED 160,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 23,600 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 1 May 2024.

Questions about T2-406, Panorama

What did unit T2-406 last sell for?

AED 2,550,000 on 1 May 2024: AED 1,994 per sqft for 1,278 sqft. The unit has 3 registered sales; the first was AED 1,252,888 in July 2012.

What is the rent for unit T2-406?

AED 110,000 a year on the contract renewed on 25 January 2023. The previous contract, from January 2022, was AED 110,000; the unit has been rented since January 2015.

How big is unit T2-406?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2015.

What is unit T2-406 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.

Selling T2-406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on T2-406, Panorama

Starts from the last sale price (AED 2.55M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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