2-bed · 1,277 sqftPanorama, The Views · 6th floor · completed 2015

T2-605, Panorama

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-605 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 1.87M10 January 2023
Current rentAED 165K /yr24 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-605, Panorama

What is T2-605 worth today?

Last sold for AED 1,870,000 in 2023

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24 Jan 2024RentedRenewal
AED 165,000/yr12 months · AED 129 per sqft
24 Jan 2023RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
10 Jan 2023SoldReady
AED 1,870,000AED 1,464 per sqft
25 Jan 2022RentedRenewal
AED 130,000/yr12 months · AED 101 per sqft
25 Jan 2021RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
25 Jan 2020RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
25 Jan 2019RentedNew contract
AED 150,000/yr12 months · AED 117 per sqft
1 Nov 2018SoldReady
AED 1,700,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
2-bed apartment
Size
1,277 sqft
Floor
6th of 14
Parking
G-141
Developer
Emaar
Completed
2015
Service charge
AED 23,600 /yr
Last sold
AED 1.87M · January 2023
Building
Panorama

About T2-605, Panorama

T2-605 is a two-bedroom apartment of 1,277 sqft on the 6th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 10 January 2023 for AED 1,870,000, or AED 1,464 per sqft, 12% above the AED 1,305 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 24 January 2024, is AED 165,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 23,600 a year.

Sales and rents for T2-605 over time

Sales
Unit T2-605, 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, March 2015: AED 1,265,888 (AED 991 per sqft)Sold, November 2018: AED 1,700,000 (AED 1,330 per sqft)Sold, January 2023: AED 1,870,000 (AED 1,464 per sqft)

T2-605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-605, each contractTypical two-bed in Panorama
125K150K175K20152018202120242027Typical 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 2016: AED 160,000 a yearRenewal, January 2017: AED 160,000 a yearRenewal, January 2018: AED 160,000 a yearNew contract, January 2019: AED 150,000 a yearRenewal, January 2020: AED 135,000 a yearRenewal, January 2021: AED 115,000 a yearRenewal, January 2022: AED 130,000 a yearNew contract, January 2023: AED 130,000 a yearRenewal, January 2024: AED 165,000 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 T2-605 sits

All 69 2-beds →

T2-605 last sold in January 2023 at AED 1,464 per sqft, 12% above what two-beds in Panorama were fetching at the time (AED 1,305). 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. T2-605's AED 165,000 is in the upper 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 6th floor

All 224 units in Panorama
Value
T1-6013-bedAED 3.2M · May 2014
T1-6023-bedAED 1.76M · Mar 2015
T1-6033-bedAED 1.76M · Mar 2015
T1-6041-bedAED 1.45M · Mar 2015
T2-6011-bedAED 1.25M · Dec 2022
T2-6022-bedAED 1.9M · Nov 2021
T2-6032-bedAED 1.41M · Mar 2015
1–7 of 20

T2-605, Panorama in numbers

  • Sold 3 times: first on 12 March 2015 for AED 1,265,888, last on 10 January 2023 for AED 1,870,000 (AED 1,464 per sqft).
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2021 and recovered to AED 165,000 by January 2024.
  • At AED 165,000 a year the gross yield on the 2023 price is 8.8%, 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 24 January 2024.

Questions about T2-605, Panorama

What did unit T2-605 last sell for?

AED 1,870,000 on 10 January 2023: AED 1,464 per sqft for 1,277 sqft. The unit has 3 registered sales; the first was AED 1,265,888 in March 2015.

What is the rent for unit T2-605?

AED 165,000 a year on the contract renewed on 24 January 2024. The previous contract, from January 2023, was AED 130,000; the unit has been rented since January 2016.

How big is unit T2-605?

1,277 sqft (118.6 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2015.

What is unit T2-605 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 T2-605, Panorama

Starts from the last sale price (AED 1.87M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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