2-bed · 1,339 sqftPanorama, The Views · 3rd floor · completed 2015

T4-305, Panorama

Sold prices and rental history: sold twice, last in May 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T4-305 · DLD and Ejari recordsUpdated 27 May 2022
Last soldAED 1.7M27 May 2022
Current rentAED 120K /yr20 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T4-305, Panorama

What is T4-305 worth today?

Last sold for AED 1,700,000 in 2022

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27 May 2022SoldReady
AED 1,700,000AED 1,270 per sqft
20 May 2019RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
20 May 2018RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
1 Aug 2016RentedNew contract
AED 155,143/yr7 months · AED 116 per sqft
12 Mar 2015Sold by developerReady
AED 1,329,888AED 993 per sqft

Source: Dubai Land Department. Updated 27 May 2022.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
3rd of 14
Parking
G-222
Developer
Emaar
Completed
2015
Service charge
AED 24,700 /yr
Last sold
AED 1.7M · May 2022
Building
Panorama

About T4-305, Panorama

T4-305 is a two-bedroom apartment of 1,339 sqft on the 3rd floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 27 May 2022 for AED 1,700,000, or AED 1,270 per sqft, 10% below the AED 1,404 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 May 2019, is AED 120,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 24,700 a year.

Sales and rents for T4-305 over time

Sales
Unit T4-305, each saleTypical two-bed in Panorama
1M2M3M2012201620202024Typical sale price by year: 2012 AED 1,337,500; 2013 AED 1,667,443; 2014 AED 2,092,620; 2015 AED 1,541,285; 2016 AED 2,400,000; 2018 AED 1,700,000; 2019 AED 1,700,000; 2020 AED 2,025,000; 2021 AED 1,800,000; 2022 AED 1,795,000; 2023 AED 2,155,000; 2024 AED 2,525,000; 2025 AED 2,700,000; 2026 AED 3,280,000Sold by developer, March 2015: AED 1,329,888 (AED 993 per sqft)Sold, May 2022: AED 1,700,000 (AED 1,270 per sqft)

T4-305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit T4-305, each contractTypical two-bed in Panorama
125K150K175K20152018202120242027Typical rent by year: 2015 AED 165,000; 2016 AED 164,510; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 124,000; 2023 AED 130,000; 2024 AED 158,000; 2025 AED 170,000; 2026 AED 170,000New contract, August 2016: AED 155,143 a yearNew contract, May 2018: AED 140,000 a yearRenewal, May 2019: AED 120,000 a year

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

2-beds in Panorama, and where T4-305 sits

All 69 2-beds →

T4-305 last sold in May 2022 at AED 1,270 per sqft, 10% below what two-beds in Panorama were fetching at the time (AED 1,404). Over the last 12 months two-beds sold for AED 3,000,000 to 3,400,000, around AED 2,547 per sqft, and rent for AED 59,645 to 195,000 a year. T4-305's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,280,000
26 Mar 20263,000,000
18 Mar 20263,400,000
3 Oct 20252,540,000
3 2-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 3rd floor

All 224 units in Panorama
Value
T1-3013-bedAED 3.2M · Oct 2023
T1-3023-bedAED 3M · Apr 2015
T1-3033-bedAED 1.83M · Oct 2012
T1-3043-bedAED 2.4M · Jul 2013
T1-3051-bedAED 683K · Mar 2015
T2-3011-bedAED 683K · Mar 2015
T2-3023-bedAED 3.1M · May 2015
1–7 of 24

T4-305, Panorama in numbers

  • Sold twice: first on 12 March 2015 for AED 1,329,888, last on 27 May 2022 for AED 1,700,000 (AED 1,270 per sqft).
  • Rented since August 2016 on 3 Ejari contracts, from AED 155,143 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 24,700 a year (AED 18.46 per sqft).
  • Two-beds in Panorama sold for AED 3,000,000–3,400,000 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 27 May 2022.

Questions about T4-305, Panorama

What did unit T4-305 last sell for?

AED 1,700,000 on 27 May 2022: AED 1,270 per sqft for 1,339 sqft. The unit has 2 registered sales; the first was AED 1,329,888 in March 2015.

What is the rent for unit T4-305?

AED 120,000 a year on the contract renewed on 20 May 2019. The previous contract, from May 2018, was AED 140,000; the unit has been rented since August 2016.

How big is unit T4-305?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2015.

What is unit T4-305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Panorama sold for AED 3,000,000 to 3,400,000 in the last 12 months, around AED 2,547 per sqft.

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Mortgage on T4-305, Panorama

Starts from the last sale price (AED 1.7M, 27 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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