2-bed · 1,364 sqftTanaro, The Views · 15th floor · completed 2010

1501, Tanaro

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 2.35M26 April 2024
Current rentAED 105K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Tanaro

What is 1501 worth today?

Last sold for AED 2,350,000 in 2024

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26 Apr 2024SoldReady
AED 2,350,000AED 1,722 per sqft
1 Feb 2023RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
1 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 73 per sqft
1 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
27 Dec 2015SoldReady
AED 2,050,000AED 1,502 per sqft
26 Jun 2014RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
26 Jun 2013RentedNew contract
AED 135,000/yr12 months · AED 99 per sqft
20 Feb 2011SoldReady
AED 1,932,888AED 1,417 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
2-bed apartment
Size
1,364 sqft
Floor
15th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,000 /yr
Last sold
AED 2.35M · April 2024
Building
Tanaro

About 1501, Tanaro

1501 is a two-bedroom apartment of 1,364 sqft on the 15th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 26 April 2024 for AED 2,350,000, or AED 1,722 per sqft, 7% above the AED 1,607 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 105,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 1,932,888 (AED 1,417 per sqft)Sold, February 2011: AED 1,932,888 (AED 1,417 per sqft)Sold, December 2015: AED 2,050,000 (AED 1,502 per sqft)Sold, April 2024: AED 2,350,000 (AED 1,722 per sqft)

1501 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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, June 2013: AED 135,000 a yearRenewal, June 2014: AED 140,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 100,000 a yearRenewal, February 2023: AED 105,000 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 1501 sits

All 115 2-beds →

1501 last sold in April 2024 at AED 1,722 per sqft, 7% above what two-beds in Tanaro were fetching at the time (AED 1,607). 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. 1501's AED 105,000 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 15th floor

All 249 units in Tanaro
Value
15021-bedAED 1.33M · Jul 2023
15032-bedAED 1.87M · Jan 2011
15052-bedAED 1.73M · Jun 2022
15071-bedAED 1.32M · Mar 2016
15081-bedAED 1.2M · Dec 2022
15091-bedAED 1.46M · Sep 2024
15101-bedAED 1.2M · Mar 2011
1–7 of 11

1501, Tanaro in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,932,888, last on 26 April 2024 for AED 2,350,000 (AED 1,722 per sqft).
  • Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 105,000 by February 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 28,000 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 26 April 2024.

Questions about 1501, Tanaro

What did unit 1501 last sell for?

AED 2,350,000 on 26 April 2024: AED 1,722 per sqft for 1,364 sqft. The unit has 4 registered sales; the first was AED 1,932,888 in March 2010.

What is the rent for unit 1501?

AED 105,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 100,000; the unit has been rented since June 2013.

How big is unit 1501?

1,364 sqft (126.7 sqm): a two-bedroom apartment on the 15th floor of a 23-storey tower completed in 2010.

What is unit 1501 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 1501, Tanaro

Starts from the last sale price (AED 2.35M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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