1-bed · 844 sqftPanorama, The Views · 7th floor · completed 2015

T2-701, Panorama

Sold prices and rental history: sold 7 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-701 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 1.2M18 April 2023
Current rentAED 75K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-701, Panorama

What is T2-701 worth today?

Last sold for AED 1,200,000 in 2023

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18 Apr 2023SoldReady
AED 1,200,000AED 1,422 per sqft
1 May 2022RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
1 May 2021RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
1 May 2020RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
1 May 2019RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
28 Feb 2018SoldReady
AED 1,328,000AED 1,574 per sqft
20 Apr 2016SoldReady
AED 1,050,000AED 1,244 per sqft
12 Mar 2015SoldReady
AED 1,000,000AED 1,185 per sqft

Source: Dubai Land Department. Updated 18 April 2023.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
7th of 14
Parking
1ST-P05
Developer
Emaar
Completed
2015
Service charge
AED 15,600 /yr
Last sold
AED 1.2M · April 2023
Building
Panorama

About T2-701, Panorama

T2-701 is a one-bedroom apartment of 844 sqft on the 7th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 18 April 2023 for AED 1,200,000, or AED 1,422 per sqft, in line with the AED 1,410 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 75,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for T2-701 over time

Sales
Unit T2-701, each saleTypical one-bed in Panorama
1M1.5M2012201620202024Typical sale price by year: 2012 AED 785,704; 2013 AED 937,080; 2014 AED 1,300,000; 2015 AED 1,000,000; 2016 AED 1,370,000; 2017 AED 1,290,000; 2020 AED 800,000; 2021 AED 1,007,500; 2022 AED 1,295,000; 2023 AED 1,180,000; 2024 AED 1,432,500; 2025 AED 1,525,000Sold by developer, July 2012: AED 698,888 (AED 828 per sqft)Sold, November 2012: AED 800,226 (AED 948 per sqft)Sold, May 2014: AED 1,000,000 (AED 1,185 per sqft)Sold, March 2015: AED 1,000,000 (AED 1,185 per sqft)Sold, April 2016: AED 1,050,000 (AED 1,244 per sqft)Sold, February 2018: AED 1,328,000 (AED 1,574 per sqft)Sold, April 2023: AED 1,200,000 (AED 1,422 per sqft)

T2-701 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T2-701, each contractTypical one-bed in Panorama
80K100K120K20152018202120242027Typical rent by year: 2015 AED 112,500; 2016 AED 112,500; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 87,500; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 78,000; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000New contract, February 2015: AED 105,000 a yearNew contract, May 2019: AED 85,000 a yearRenewal, May 2020: AED 75,000 a yearNew contract, May 2021: AED 75,000 a yearRenewal, May 2022: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Panorama, and where T2-701 sits

All 45 1-beds →

T2-701 last sold in April 2023 at AED 1,422 per sqft, in line with what one-beds in Panorama were fetching at the time (AED 1,410). Over the last 12 months one-beds sold for AED 1,380,000, around AED 1,627 per sqft, and rent for AED 88,750 to 130,000 a year. T2-701's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Mar 20261,380,000
16 Jun 20251,450,000
10 Jun 20251,725,000
2 Jun 20251,575,000
1 1-bed sale 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 7th floor

All 224 units in Panorama
Value
T1-7013-bedAED 3.4M · Apr 2015
T1-7023-bedAED 3.07M · Feb 2024
T1-7033-bedAED 3.18M · Oct 2023
T1-7043-bedAED 2.67M · Mar 2015
T1-7051-bedAED 1.55M · May 2024
T2-7023-bedAED 2.63M · Mar 2015
T2-7032-bedAED 2.4M · Apr 2023
1–7 of 23

T2-701, Panorama in numbers

  • Sold 7 times: first on 8 July 2012 for AED 698,888, last on 18 April 2023 for AED 1,200,000 (AED 1,422 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 15,600 a year (AED 18.46 per sqft).
  • One-beds in Panorama sold for AED 1,380,000–1,380,000 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 18 April 2023.

Questions about T2-701, Panorama

What did unit T2-701 last sell for?

AED 1,200,000 on 18 April 2023: AED 1,422 per sqft for 844 sqft. The unit has 7 registered sales; the first was AED 698,888 in July 2012.

What is the rent for unit T2-701?

AED 75,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 75,000; the unit has been rented since February 2015.

How big is unit T2-701?

844 sqft (78.4 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T2-701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Panorama sold for AED 1,380,000 to 1,380,000 in the last 12 months, around AED 1,627 per sqft.

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Mortgage on T2-701, Panorama

Starts from the last sale price (AED 1.2M, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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