2-bed · 1,405 sqftTanaro, The Views · 12th floor · completed 2010

1216, Tanaro

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 2.16M30 May 2023
Current rentAED 100K /yr23 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Tanaro

What is 1216 worth today?

Last sold for AED 2,160,000 in 2023

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30 May 2023SoldReady
AED 2,160,000AED 1,537 per sqft
23 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
20 Nov 2019RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
11 Nov 2018RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
11 Nov 2017RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
11 Nov 2016RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
11 Nov 2015RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
11 Nov 2014RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
12th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,800 /yr
Last sold
AED 2.16M · May 2023
Building
Tanaro

About 1216, Tanaro

1216 is a two-bedroom apartment of 1,405 sqft on the 12th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 30 May 2023 for AED 2,160,000, or AED 1,537 per sqft, 17% above the AED 1,319 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 23 December 2020, is AED 100,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, each saleTypical two-bed in Tanaro
2M3M2009201420192024Typical sale price by year: 2009 AED 2,058,388; 2010 AED 1,993,888; 2011 AED 1,899,888; 2012 AED 1,475,000; 2013 AED 1,825,944; 2014 AED 2,300,000; 2015 AED 2,100,000; 2016 AED 2,000,000; 2017 AED 2,030,000; 2018 AED 1,775,000; 2019 AED 1,490,000; 2020 AED 1,290,000; 2021 AED 1,452,500; 2022 AED 1,850,000; 2023 AED 2,000,000; 2024 AED 2,400,000; 2025 AED 2,800,000; 2026 AED 2,812,500Sold by developer, March 2010: AED 2,367,888 (AED 1,685 per sqft)Sold, February 2011: AED 2,367,888 (AED 1,685 per sqft)Sold, May 2023: AED 2,160,000 (AED 1,537 per sqft)

1216 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1216, each contractTypical two-bed in Tanaro
100K150K2012201620202024Typical rent by year: 2012 AED 113,750; 2013 AED 125,000; 2014 AED 130,000; 2015 AED 145,391; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 127,500; 2019 AED 115,000; 2020 AED 97,250; 2021 AED 96,500; 2022 AED 110,000; 2023 AED 124,654; 2024 AED 150,000; 2025 AED 160,000; 2026 AED 155,000New contract, October 2012: AED 110,000 a yearNew contract, November 2013: AED 150,000 a yearRenewal, November 2014: AED 150,000 a yearRenewal, November 2015: AED 150,000 a yearRenewal, November 2016: AED 150,000 a yearRenewal, November 2017: AED 150,000 a yearRenewal, November 2018: AED 135,000 a yearNew contract, November 2019: AED 110,000 a yearNew contract, December 2020: AED 100,000 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 Tanaro, and where 1216 sits

All 115 2-beds →

1216 last sold in May 2023 at AED 1,537 per sqft, 17% above what two-beds in Tanaro were fetching at the time (AED 1,319). Over the last 12 months two-beds sold for AED 2,450,000 to 3,600,000, around AED 1,992 per sqft, and rent for AED 60,500 to 230,000 a year. 1216's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20262,750,000
24 Sep 20262,450,000
18 Sep 20262,600,000
8 Sep 20262,700,000
11 2-bed sales in the last 12 months

Tanaro

Building

249 apartments, 1-bed to 3-bed over 23 floors in The Views, completed in 2010 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 1,981 Down 1.9%
Typical sale
AED 2.73M
Typical rent
AED 95K /yr
Typical yield
6.0%
Tanaro, The Views: prices, sales and rents →

Other units on the 12th floor

All 249 units in Tanaro
Value
12012-bedAED 1.43M · Feb 2012
12021-bedAED 773K · Mar 2012
12032-bedAED 1.45M · Jan 2012
12052-bedAED 1.23M · Apr 2012
12071-bedAED 950K · Jun 2021
12081-bedAED 425K · Aug 2019
12091-bedAED 1.06M · Jan 2023
1–7 of 11

1216, Tanaro in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,367,888, last on 30 May 2023 for AED 2,160,000 (AED 1,537 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 28,800 a year (AED 20.50 per sqft).
  • Two-beds in Tanaro sold for AED 2,450,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,981 per sqft.

Source: Dubai Land Department. Updated 30 May 2023.

Questions about 1216, Tanaro

What did unit 1216 last sell for?

AED 2,160,000 on 30 May 2023: AED 1,537 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 2,367,888 in March 2010.

What is the rent for unit 1216?

AED 100,000 a year on the contract signed on 23 December 2020. The previous contract, from November 2019, was AED 110,000; the unit has been rented since October 2012.

How big is unit 1216?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 12th floor of a 23-storey tower completed in 2010.

What is unit 1216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tanaro sold for AED 2,450,000 to 3,600,000 in the last 12 months, around AED 1,992 per sqft.

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Mortgage on 1216, Tanaro

Starts from the last sale price (AED 2.16M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,000
Deposit, UAE resident (20%)
AED 432,000
Deposit, non-resident (40%)
AED 864,000
Monthly over 25 years at 3.7%
AED 8,837

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