2-bed · 1,379 sqftTanaro, The Views · 5th floor · completed 2010

505, Tanaro

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 2.5M25 June 2024
Current rentAED 110K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Tanaro

What is 505 worth today?

Last sold for AED 2,500,000 in 2024

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25 Jun 2024SoldReady
AED 2,500,000AED 1,812 per sqft
1 Dec 2021RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
1 Dec 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
1 Dec 2019RentedRenewal
AED 115,000/yr12 months · AED 83 per sqft
1 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
20 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
5 May 2017RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
5 May 2016RentedRenewal
AED 145,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
2-bed apartment
Size
1,379 sqft
Floor
5th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,300 /yr
Last sold
AED 2.5M · June 2024
Building
Tanaro

About 505, Tanaro

505 is a two-bedroom apartment of 1,379 sqft on the 5th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 25 June 2024 for AED 2,500,000, or AED 1,812 per sqft, in line with the AED 1,776 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 December 2021, is AED 110,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 28,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,588,888 (AED 1,152 per sqft)Sold, May 2011: AED 1,588,888 (AED 1,152 per sqft)Sold, June 2024: AED 2,500,000 (AED 1,812 per sqft)

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

Rents
Unit 505, 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 115,000 a yearNew contract, June 2014: AED 115,000 a yearNew contract, May 2015: AED 145,000 a yearRenewal, May 2016: AED 145,000 a yearNew contract, May 2017: AED 135,000 a yearNew contract, November 2017: AED 135,000 a yearNew contract, December 2018: AED 130,000 a yearRenewal, December 2019: AED 115,000 a yearRenewal, December 2020: AED 110,000 a yearNew contract, December 2021: AED 110,000 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 505 sits

All 115 2-beds →

505 last sold in June 2024 at AED 1,812 per sqft, in line with what two-beds in Tanaro were fetching at the time (AED 1,776). 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. 505's AED 110,000 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 5th floor

All 249 units in Tanaro
Value
5012-bedAED 2.14M · Sep 2015
5021-bedAED 1.23M · May 2017
5031-bedAED 830K · Nov 2011
5042-bedAED 1.7M · Oct 2022
5062-bedAED 710K · Sep 2021
5071-bedAED 1.3M · Jul 2024
5081-bedAED 1.05M · Jan 2011
1–7 of 15

505, Tanaro in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,588,888, last on 25 June 2024 for AED 2,500,000 (AED 1,812 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 28,300 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 25 June 2024.

Questions about 505, Tanaro

What did unit 505 last sell for?

AED 2,500,000 on 25 June 2024: AED 1,812 per sqft for 1,379 sqft. The unit has 3 registered sales; the first was AED 1,588,888 in March 2010.

What is the rent for unit 505?

AED 110,000 a year on the contract signed on 1 December 2021. The previous contract, from December 2020, was AED 110,000; the unit has been rented since June 2013.

How big is unit 505?

1,379 sqft (128.1 sqm): a two-bedroom apartment on the 5th floor of a 23-storey tower completed in 2010.

What is unit 505 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 505, Tanaro

Starts from the last sale price (AED 2.5M, 25 June 2024). 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 →