1-bed · 870 sqftPanorama, The Views · 7th floor · completed 2015

T3-703, Panorama

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T3-703 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 1.5M7 June 2024
Current rentAED 99K /yr24 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T3-703, Panorama

What is T3-703 worth today?

Last sold for AED 1,500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jun 2024SoldReady
AED 1,500,000AED 1,724 per sqft
24 Mar 2023RentedRenewal
AED 99,000/yr12 months · AED 114 per sqft
24 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
4 Apr 2019SoldReady
AED 1,300,000AED 1,494 per sqft
1 Feb 2018RentedRenewal
AED 115,000/yr12 months · AED 132 per sqft
1 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 138 per sqft
20 Jan 2016RentedRenewal
AED 115,000/yr12 months · AED 132 per sqft
12 Mar 2015SoldReady
AED 1,523,450AED 1,751 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
7th of 14
Parking
1ST-P11
Developer
Emaar
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.5M · June 2024
Building
Panorama

About T3-703, Panorama

T3-703 is a one-bedroom apartment of 870 sqft on the 7th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 7 June 2024 for AED 1,500,000, or AED 1,724 per sqft, 10% above the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 24 March 2023, is AED 99,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 16,100 a year.

Sales and rents for T3-703 over time

Sales
Unit T3-703, 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, February 2014: AED 1,171,888 (AED 1,347 per sqft)Sold, March 2014: AED 1,523,450 (AED 1,751 per sqft)Sold, March 2015: AED 1,523,450 (AED 1,751 per sqft)Sold, April 2019: AED 1,300,000 (AED 1,494 per sqft)Sold, June 2024: AED 1,500,000 (AED 1,724 per sqft)

T3-703 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T3-703, 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, January 2015: AED 115,000 a yearRenewal, January 2016: AED 115,000 a yearNew contract, February 2017: AED 120,000 a yearRenewal, February 2018: AED 115,000 a yearNew contract, March 2022: AED 90,000 a yearRenewal, March 2023: AED 99,000 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 T3-703 sits

All 45 1-beds →

T3-703 last sold in June 2024 at AED 1,724 per sqft, 10% above what one-beds in Panorama were fetching at the time (AED 1,563). 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. T3-703's AED 99,000 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 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

T3-703, Panorama in numbers

  • Sold 5 times: first on 25 February 2014 for AED 1,171,888, last on 7 June 2024 for AED 1,500,000 (AED 1,724 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 115,000 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2024 price is 6.6%, 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 7 June 2024.

Questions about T3-703, Panorama

What did unit T3-703 last sell for?

AED 1,500,000 on 7 June 2024: AED 1,724 per sqft for 870 sqft. The unit has 5 registered sales; the first was AED 1,171,888 in February 2014.

What is the rent for unit T3-703?

AED 99,000 a year on the contract renewed on 24 March 2023. The previous contract, from March 2022, was AED 90,000; the unit has been rented since January 2015.

How big is unit T3-703?

870 sqft (80.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T3-703 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.

Selling T3-703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on T3-703, Panorama

Starts from the last sale price (AED 1.5M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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