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1-bed · 870 sqftPanorama, The Views · 4th floor · completed 2015

T3-402, Panorama

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T3-402 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 1.55M10 November 2023
Current rentAED 90K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T3-402, Panorama

What is T3-402 worth today?

Last sold for AED 1,550,000 in 2023

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10 Nov 2023SoldReady
AED 1,550,000AED 1,781 per sqft
1 Sep 2023RentedRenewal
AED 90,000/yr12 months · AED 105 per sqft
1 Sep 2023RentedRenewal
AED 90,000/yr12 months · AED 103 per sqft
1 Sep 2022RentedRenewal
AED 87,000/yr12 months · AED 100 per sqft
1 Sep 2021RentedNew contract
AED 83,000/yr12 months · AED 95 per sqft
13 Jun 2021SoldReady
AED 1,270,000AED 1,459 per sqft
1 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
16 Apr 2016RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
4th of 14
Parking
G-198
Developer
Emaar
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.55M · November 2023
Building
Panorama

About T3-402, Panorama

T3-402 is a one-bedroom apartment of 870 sqft on the 4th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 10 November 2023 for AED 1,550,000, or AED 1,781 per sqft, 26% above the AED 1,410 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 90,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 16,100 a year.

Sales and rents for T3-402 over time

Sales
Unit T3-402, 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, July 2012: AED 918,903 (AED 1,055 per sqft)Sold by developer, July 2012: AED 866,888 (AED 996 per sqft)Sold, March 2015: AED 918,903 (AED 1,055 per sqft)Sold, June 2021: AED 1,270,000 (AED 1,459 per sqft)Sold, November 2023: AED 1,550,000 (AED 1,781 per sqft)

T3-402 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T3-402, each contractTypical one-bed in Panorama
75K100K125K20152018202120242027Typical 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, April 2016: AED 125,000 a yearNew contract, September 2017: AED 125,000 a yearNew contract, September 2021: AED 83,000 a yearRenewal, September 2022: AED 87,000 a yearRenewal, September 2023: AED 90,000 a yearRenewal, September 2023: AED 90,000 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 T3-402 sits

All 45 1-beds →

T3-402 last sold in November 2023 at AED 1,781 per sqft, 26% above 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. T3-402's AED 90,000 is in the lower half 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 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

T3-402, Panorama in numbers

  • Sold 5 times: first on 8 July 2012 for AED 866,888, last on 10 November 2023 for AED 1,550,000 (AED 1,781 per sqft).
  • Rented since April 2016 on 6 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 16,100 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 10 November 2023.

Questions about T3-402, Panorama

What did unit T3-402 last sell for?

AED 1,550,000 on 10 November 2023: AED 1,781 per sqft for 870 sqft. The unit has 5 registered sales; the first was AED 866,888 in July 2012.

What is the rent for unit T3-402?

AED 90,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2023, was AED 90,000; the unit has been rented since April 2016.

How big is unit T3-402?

870 sqft (80.8 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2015.

What is unit T3-402 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 T3-402, Panorama

Starts from the last sale price (AED 1.55M, 10 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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