3-bed · 1,953 sqftPanorama, The Views · 7th floor · completed 2015

T4-702, Panorama

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T4-702 · DLD and Ejari recordsUpdated 19 March 2023
Last soldAED 2.5M5 September 2022
Current rentAED 191K /yr19 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T4-702, Panorama

What is T4-702 worth today?

Last sold for AED 2,500,000 in 2022

Unlock today's estimate, updated daily, with

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

19 Mar 2023RentedNew contract
AED 191,366/yr5 months · AED 98 per sqft
5 Sep 2022SoldReady
AED 2,500,000AED 1,279 per sqft
19 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 98 per sqft
28 Feb 2021RentedRenewal
AED 177,707/yr10 months · AED 91 per sqft
28 Feb 2020RentedNew contract
AED 185,000/yr12 months · AED 95 per sqft
25 Dec 2017RentedNew contract
AED 210,000/yr12 months · AED 108 per sqft
12 Mar 2015Sold by developerReady
AED 1,981,888AED 1,014 per sqft

Source: Dubai Land Department. Updated 19 March 2023.

Key facts

Type
3-bed apartment
Size
1,953 sqft
Floor
7th of 14
Parking
G-82,G-83
Developer
Emaar
Completed
2015
Service charge
AED 36,100 /yr
Last sold
AED 2.5M · September 2022
Building
Panorama

About T4-702, Panorama

T4-702 is a three-bedroom apartment of 1,953 sqft on the 7th floor of Panorama, a 14-storey tower in The Views completed in 2015 by Emaar. It last sold on 5 September 2022 for AED 2,500,000, or AED 1,279 per sqft, 15% below the AED 1,498 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 19 March 2023, is AED 191,366 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 36,100 a year.

Sales and rents for T4-702 over time

Sales
Unit T4-702, each saleTypical three-bed in Panorama
2M3M4M2012201620202024Typical 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, March 2015: AED 1,981,888 (AED 1,014 per sqft)Sold, September 2022: AED 2,500,000 (AED 1,279 per sqft)

T4-702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit T4-702, 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, December 2017: AED 210,000 a yearNew contract, February 2020: AED 185,000 a yearRenewal, February 2021: AED 177,707 a yearNew contract, March 2022: AED 190,000 a yearNew contract, March 2023: AED 191,366 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 T4-702 sits

All 97 3-beds →

T4-702 last sold in September 2022 at AED 1,279 per sqft, 15% below what three-beds in Panorama were fetching at the time (AED 1,498). 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. T4-702's AED 191,366 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

T4-702, Panorama in numbers

  • Sold twice: first on 12 March 2015 for AED 1,981,888, last on 5 September 2022 for AED 2,500,000 (AED 1,279 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 210,000 to AED 191,366 a year.
  • At AED 191,366 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 36,100 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 19 March 2023.

Questions about T4-702, Panorama

What did unit T4-702 last sell for?

AED 2,500,000 on 5 September 2022: AED 1,279 per sqft for 1,953 sqft. The unit has 2 registered sales; the first was AED 1,981,888 in March 2015.

What is the rent for unit T4-702?

AED 191,366 a year on the contract signed on 19 March 2023. The previous contract, from March 2022, was AED 190,000; the unit has been rented since December 2017.

How big is unit T4-702?

1,953 sqft (181.4 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2015.

What is unit T4-702 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.

Selling T4-702? 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 T4-702, Panorama

Starts from the last sale price (AED 2.5M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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