3-bed · 2,813 sqftPanorama, The Views · 7th floor · completed 2015

T3-706, Panorama

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T3-706 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 4.09M20 November 2023
Current rentAED 229K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T3-706, Panorama

What is T3-706 worth today?

Last sold for AED 4,085,000 in 2023

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20 Nov 2023SoldReady
AED 4,085,000AED 1,452 per sqft
10 Mar 2022RentedNew contract
AED 229,000/yr12 months · AED 82 per sqft
7 Aug 2021RentedRenewal
AED 195,000/yr12 months · AED 69 per sqft
7 Aug 2020RentedRenewal
AED 195,000/yr12 months · AED 69 per sqft
7 Aug 2019RentedNew contract
AED 220,000/yr12 months · AED 78 per sqft
10 May 2018RentedRenewal
AED 230,000/yr12 months · AED 82 per sqft
10 May 2017RentedRenewal
AED 240,000/yr12 months · AED 85 per sqft
10 May 2016RentedNew contract
AED 240,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
3-bed apartment
Size
2,813 sqft
Floor
7th of 14
Parking
G-72,G-73
Developer
Emaar
Completed
2015
Service charge
AED 51,900 /yr
Last sold
AED 4.09M · November 2023
Building
Panorama

About T3-706, Panorama

T3-706 is a three-bedroom apartment of 2,813 sqft on the 7th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 20 November 2023 for AED 4,085,000, or AED 1,452 per sqft, 12% below the AED 1,655 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 March 2022, is AED 229,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 51,900 a year.

Sales and rents for T3-706 over time

Sales
Unit T3-706, 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 2,139,888 (AED 760 per sqft)Sold, April 2013: AED 2,300,000 (AED 817 per sqft)Sold, November 2023: AED 4,085,000 (AED 1,452 per sqft)

T3-706 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit T3-706, each contractTypical three-bed in Panorama
150K200K250K20152018202120242027Typical 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, May 2015: AED 240,000 a yearNew contract, May 2016: AED 240,000 a yearRenewal, May 2017: AED 240,000 a yearRenewal, May 2018: AED 230,000 a yearNew contract, August 2019: AED 220,000 a yearRenewal, August 2020: AED 195,000 a yearRenewal, August 2021: AED 195,000 a yearNew contract, March 2022: AED 229,000 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 T3-706 sits

All 97 3-beds →

T3-706 last sold in November 2023 at AED 1,452 per sqft, 12% below what three-beds in Panorama were fetching at the time (AED 1,655). 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. T3-706's AED 229,000 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

T3-706, Panorama in numbers

  • Sold 3 times: first on 5 July 2012 for AED 2,139,888, last on 20 November 2023 for AED 4,085,000 (AED 1,452 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 240,000 to AED 195,000 in 2021 and recovered to AED 229,000 by March 2022.
  • At AED 229,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 51,900 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 20 November 2023.

Questions about T3-706, Panorama

What did unit T3-706 last sell for?

AED 4,085,000 on 20 November 2023: AED 1,452 per sqft for 2,813 sqft. The unit has 3 registered sales; the first was AED 2,139,888 in July 2012.

What is the rent for unit T3-706?

AED 229,000 a year on the contract signed on 10 March 2022. The previous contract, from August 2021, was AED 195,000; the unit has been rented since May 2015.

How big is unit T3-706?

2,813 sqft (261.3 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T3-706 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 T3-706, Panorama

Starts from the last sale price (AED 4.09M, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,085,000
Deposit, UAE resident (20%)
AED 817,000
Deposit, non-resident (40%)
AED 1,634,000
Monthly over 25 years at 3.7%
AED 16,713

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