2-bed · 1,405 sqftTanaro, The Views · 15th floor · completed 2010

1516, Tanaro

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 2.14M1 June 2023
Current rentAED 140K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, Tanaro

What is 1516 worth today?

Last sold for AED 2,140,000 in 2023

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1 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
1 Jun 2023SoldReady
AED 2,140,000AED 1,523 per sqft
1 Aug 2021RentedRenewal
AED 92,000/yr12 months · AED 65 per sqft
1 Aug 2020RentedNew contract
AED 93,000/yr12 months · AED 66 per sqft
1 Jul 2019RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
1 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
1 Jul 2017RentedRenewal
AED 155,000/yr12 months · AED 110 per sqft
1 Jul 2016RentedRenewal
AED 155,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
15th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,800 /yr
Last sold
AED 2.14M · June 2023
Building
Tanaro

About 1516, Tanaro

1516 is a two-bedroom apartment of 1,405 sqft on the 15th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 1 June 2023 for AED 2,140,000, or AED 1,523 per sqft, 15% above the AED 1,322 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 August 2023, is AED 140,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 1516 over time

Sales
Unit 1516, 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 2,283,888 (AED 1,625 per sqft)Sold, February 2011: AED 2,283,888 (AED 1,625 per sqft)Sold, June 2023: AED 2,140,000 (AED 1,523 per sqft)

1516 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1516, 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 125,000 a yearNew contract, July 2015: AED 155,000 a yearRenewal, July 2016: AED 155,000 a yearRenewal, July 2017: AED 155,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2019: AED 130,000 a yearNew contract, August 2020: AED 93,000 a yearRenewal, August 2021: AED 92,000 a yearNew contract, August 2023: AED 140,000 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 1516 sits

All 115 2-beds →

1516 last sold in June 2023 at AED 1,523 per sqft, 15% above what two-beds in Tanaro were fetching at the time (AED 1,322). 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. 1516's AED 140,000 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
15012-bedAED 2.35M · Apr 2024
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
1–7 of 11

1516, Tanaro in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,283,888, last on 1 June 2023 for AED 2,140,000 (AED 1,523 per sqft).
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 92,000 in 2021 and recovered to AED 140,000 by August 2023.
  • At AED 140,000 a year the gross yield on the 2023 price is 6.5%, 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 1 August 2023.

Questions about 1516, Tanaro

What did unit 1516 last sell for?

AED 2,140,000 on 1 June 2023: AED 1,523 per sqft for 1,405 sqft. The unit has 3 registered sales; the first was AED 2,283,888 in March 2010.

What is the rent for unit 1516?

AED 140,000 a year on the contract signed on 1 August 2023. The previous contract, from August 2021, was AED 92,000; the unit has been rented since June 2013.

How big is unit 1516?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 15th floor of a 23-storey tower completed in 2010.

What is unit 1516 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 1516, Tanaro

Starts from the last sale price (AED 2.14M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,140,000
Deposit, UAE resident (20%)
AED 428,000
Deposit, non-resident (40%)
AED 856,000
Monthly over 25 years at 3.7%
AED 8,755

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