2-bed · 1,266 sqftTanaro, The Views · 16th floor · completed 2010

1603, Tanaro

Sold prices and rental history: sold 4 times, last in November 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 2.15M17 November 2016
Current rentAED 140K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Tanaro

What is 1603 worth today?

Last sold for AED 2,150,000 in 2016

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1 Jul 2022RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
17 Nov 2016SoldReady
AED 2,150,000AED 1,698 per sqft
17 Jan 2014RentedNew contract
AED 130,000/yr12 months · AED 102 per sqft
17 Dec 2013SoldReady
AED 2,200,000AED 1,737 per sqft
13 Feb 2011SoldReady
AED 1,899,888AED 1,500 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,899,888AED 1,500 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
16th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 26,000 /yr
Last sold
AED 2.15M · November 2016
Building
Tanaro

About 1603, Tanaro

1603 is a two-bedroom apartment of 1,266 sqft on the 16th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 17 November 2016 for AED 2,150,000, or AED 1,698 per sqft, 11% above the AED 1,529 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 July 2022, is AED 140,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 26,000 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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 1,899,888 (AED 1,500 per sqft)Sold, February 2011: AED 1,899,888 (AED 1,500 per sqft)Sold, December 2013: AED 2,200,000 (AED 1,737 per sqft)Sold, November 2016: AED 2,150,000 (AED 1,698 per sqft)

1603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, January 2014: AED 130,000 a yearNew contract, July 2022: 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 1603 sits

All 115 2-beds →

1603 last sold in November 2016 at AED 1,698 per sqft, 11% above what two-beds in Tanaro were fetching at the time (AED 1,529). 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. 1603'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 16th floor

All 249 units in Tanaro
Value
16012-bedAED 1.28M · Sep 2020
16021-bedAED 1.3M · Jul 2023
16052-bedAED 1.28M · May 2012
16071-bedAED 1.24M · Sep 2015
16081-bedAED 782K · Apr 2012
16091-bedAED 782K · Apr 2012
16101-bedAED 1.33M · Dec 2015
1–7 of 11

1603, Tanaro in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,899,888, last on 17 November 2016 for AED 2,150,000 (AED 1,698 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 130,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 26,000 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 1 July 2022.

Questions about 1603, Tanaro

What did unit 1603 last sell for?

AED 2,150,000 on 17 November 2016: AED 1,698 per sqft for 1,266 sqft. The unit has 4 registered sales; the first was AED 1,899,888 in March 2010.

What is the rent for unit 1603?

AED 140,000 a year on the contract signed on 1 July 2022. The previous contract, from January 2014, was AED 130,000.

How big is unit 1603?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2010.

What is unit 1603 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 1603, Tanaro

Starts from the last sale price (AED 2.15M, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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