3-bed · 1,481 sqftPanorama, The Views · 7th floor · completed 2015

T3-701, Panorama

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

Unit T3-701 · DLD and Ejari recordsUpdated 1 August 2015
Last soldAED 2M12 March 2015
Current rentAED 220K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T3-701, Panorama

What is T3-701 worth today?

Last sold for AED 2,000,000 in 2015

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1 Aug 2015RentedNew contract
AED 220,000/yr12 months · AED 148 per sqft
12 Mar 2015SoldReady
AED 2,000,000AED 1,350 per sqft
10 Nov 2014SoldOff-plan
AED 2,000,000AED 1,350 per sqft
10 Nov 2014SoldOff-plan
AED 2,000,000AED 1,350 per sqft
2 Jul 2013SoldOff-plan
AED 1,608,076AED 1,085 per sqft
17 Jul 2012Sold by developerOff-plan
AED 1,461,888AED 986 per sqft

Source: Dubai Land Department. Updated 1 August 2015.

Key facts

Type
3-bed apartment
Size
1,481 sqft
Floor
7th of 14
Parking
G-12,G-13
Developer
Emaar
Completed
2015
Service charge
AED 27,300 /yr
Last sold
AED 2M · March 2015
Building
Panorama

About T3-701, Panorama

T3-701 is a three-bedroom apartment of 1,481 sqft on the 7th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 12 March 2015 for AED 2,000,000, or AED 1,350 per sqft, 8% above the AED 1,250 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2015. The current contract, signed on 1 August 2015, is AED 220,000 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 27,300 a year.

Sales and rents for T3-701 over time

Sales
Unit T3-701, each saleTypical three-bed in Panorama
2M4M2012201620202024Typical sale price by year: 2012 AED 1,780,888; 2013 AED 2,127,335; 2014 AED 2,447,444; 2015 AED 2,086,622; 2016 AED 3,050,000; 2017 AED 3,150,000; 2018 AED 2,785,000; 2020 AED 1,902,304; 2021 AED 2,600,000; 2022 AED 3,025,000; 2023 AED 3,150,000; 2024 AED 3,235,000; 2025 AED 3,900,000Sold by developer, July 2012: AED 1,461,888 (AED 986 per sqft)Sold, July 2013: AED 1,608,076 (AED 1,085 per sqft)Sold, November 2014: AED 2,000,000 (AED 1,350 per sqft)Sold, November 2014: AED 2,000,000 (AED 1,350 per sqft)Sold, March 2015: AED 2,000,000 (AED 1,350 per sqft)

T3-701 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit T3-701, each contractTypical three-bed in Panorama
150K200K20152018202120242027Typical rent by year: 2015 AED 210,000; 2016 AED 210,000; 2017 AED 205,000; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 157,500; 2021 AED 150,000; 2022 AED 160,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 225,000New contract, August 2015: AED 220,000 a year

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

3-beds in Panorama, and where T3-701 sits

All 97 3-beds →

T3-701 last sold in March 2015 at AED 1,350 per sqft, 8% above what three-beds in Panorama were fetching at the time (AED 1,250). Over the last 12 months three-beds sold for AED 3,350,000 to 4,550,000, around AED 2,243 per sqft, and rent for AED 160,000 to 336,000 a year. T3-701's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20263,350,000
15 Dec 20254,550,000
29 Oct 20253,950,000
9 Jul 20253,500,000
2 3-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 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
T2-7011-bedAED 1.2M · Apr 2023
T2-7023-bedAED 2.63M · Mar 2015
1–7 of 23

T3-701, Panorama in numbers

  • Sold 5 times: first on 17 July 2012 for AED 1,461,888, last on 12 March 2015 for AED 2,000,000 (AED 1,350 per sqft).
  • Rented since August 2015 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 27,300 a year (AED 18.46 per sqft).
  • Three-beds in Panorama sold for AED 3,350,000–4,550,000 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 August 2015.

Questions about T3-701, Panorama

What did unit T3-701 last sell for?

AED 2,000,000 on 12 March 2015: AED 1,350 per sqft for 1,481 sqft. The unit has 5 registered sales; the first was AED 1,461,888 in July 2012.

What is the rent for unit T3-701?

AED 220,000 a year on the contract signed on 1 August 2015.

How big is unit T3-701?

1,481 sqft (137.6 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T3-701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Panorama sold for AED 3,350,000 to 4,550,000 in the last 12 months, around AED 2,243 per sqft.

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Mortgage on T3-701, Panorama

Starts from the last sale price (AED 2M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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