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2-bed · 1,267 sqftPanorama, The Views · 5th floor · completed 2015

T2-503, Panorama

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-503 · DLD and Ejari recordsUpdated 13 October 2023
Last soldAED 2.38M13 October 2023
Current rentAED 120K /yr19 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-503, Panorama

What is T2-503 worth today?

Last sold for AED 2,375,000 in 2023

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13 Oct 2023SoldReady
AED 2,375,000AED 1,874 per sqft
19 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
19 Oct 2021RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
22 Aug 2021SoldReady
AED 1,775,000AED 1,401 per sqft
30 Jun 2020RentedRenewal
AED 128,000/yr12 months · AED 101 per sqft
30 Jun 2019RentedNew contract
AED 128,000/yr12 months · AED 101 per sqft
10 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
15 May 2017RentedRenewal
AED 170,644/yr9 months · AED 134 per sqft

Source: Dubai Land Department. Updated 13 October 2023.

Key facts

Type
2-bed apartment
Size
1,267 sqft
Floor
5th of 14
Parking
G-123
Developer
Emaar
Completed
2015
Service charge
AED 23,400 /yr
Last sold
AED 2.38M · October 2023
Building
Panorama

About T2-503, Panorama

T2-503 is a two-bedroom apartment of 1,267 sqft on the 5th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 13 October 2023 for AED 2,375,000, or AED 1,874 per sqft, 14% above the AED 1,651 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 19 October 2022, is AED 120,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for T2-503 over time

Sales
Unit T2-503, 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 1,381,888 (AED 1,090 per sqft)Sold, December 2012: AED 1,425,000 (AED 1,124 per sqft)Sold, March 2015: AED 1,425,000 (AED 1,124 per sqft)Sold, August 2021: AED 1,775,000 (AED 1,401 per sqft)Sold, October 2023: AED 2,375,000 (AED 1,874 per sqft)

T2-503 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-503, each contractTypical two-bed in Panorama
150K20152018202120242027Typical 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, May 2015: AED 170,000 a yearRenewal, May 2016: AED 170,000 a yearRenewal, May 2017: AED 170,644 a yearNew contract, June 2018: AED 120,000 a yearNew contract, June 2019: AED 128,000 a yearRenewal, June 2020: AED 128,000 a yearNew contract, October 2021: AED 120,000 a yearRenewal, October 2022: AED 120,000 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 T2-503 sits

All 69 2-beds →

T2-503 last sold in October 2023 at AED 1,874 per sqft, 14% above what two-beds in Panorama were fetching at the time (AED 1,651). 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. T2-503's AED 120,000 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 5th floor

All 224 units in Panorama
Value
T1-5013-bedAED 3.22M · Mar 2016
T1-5023-bedAED 1.76M · Mar 2015
T1-5033-bedAED 1.81M · Mar 2015
T1-5043-bedAED 3.15M · May 2023
T1-5051-bedAED 1.45M · Jun 2025
T2-5011-bedAED 1.58M · Jun 2025
T2-5023-bedAED 2.06M · Mar 2015
1–7 of 24

T2-503, Panorama in numbers

  • Sold 5 times: first on 5 July 2012 for AED 1,381,888, last on 13 October 2023 for AED 2,375,000 (AED 1,874 per sqft).
  • Rented since May 2015 on 8 Ejari contracts, from AED 170,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 23,400 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 13 October 2023.

Questions about T2-503, Panorama

What did unit T2-503 last sell for?

AED 2,375,000 on 13 October 2023: AED 1,874 per sqft for 1,267 sqft. The unit has 5 registered sales; the first was AED 1,381,888 in July 2012.

What is the rent for unit T2-503?

AED 120,000 a year on the contract renewed on 19 October 2022. The previous contract, from October 2021, was AED 120,000; the unit has been rented since May 2015.

How big is unit T2-503?

1,267 sqft (117.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2015.

What is unit T2-503 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 T2-503, Panorama

Starts from the last sale price (AED 2.38M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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