2-bed · 1,396 sqftTanaro, The Views · 5th floor · completed 2010

516, Tanaro

Sold prices and rental history: sold 3 times, last in April 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 20 April 2021
Last soldAED 1.48M20 April 2021
Current rentAED 105K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Tanaro

What is 516 worth today?

Last sold for AED 1,475,000 in 2021

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20 Apr 2021SoldReady
AED 1,475,000AED 1,056 per sqft
1 Mar 2020RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
1 Apr 2015RentedRenewal
AED 145,391/yr12 months · AED 104 per sqft
1 Apr 2014RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
7 Mar 2011SoldReady
AED 2,059,888AED 1,475 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,059,888AED 1,475 per sqft

Source: Dubai Land Department. Updated 20 April 2021.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
5th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,600 /yr
Last sold
AED 1.48M · April 2021
Building
Tanaro

About 516, Tanaro

516 is a two-bedroom apartment of 1,396 sqft on the 5th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 20 April 2021 for AED 1,475,000, or AED 1,056 per sqft, 13% above the AED 934 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 March 2020, is AED 105,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 28,600 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 2,059,888 (AED 1,475 per sqft)Sold, March 2011: AED 2,059,888 (AED 1,475 per sqft)Sold, April 2021: AED 1,475,000 (AED 1,056 per sqft)

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

Rents
Unit 516, 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, April 2014: AED 145,000 a yearRenewal, April 2015: AED 145,391 a yearNew contract, March 2020: 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 516 sits

All 115 2-beds →

516 last sold in April 2021 at AED 1,056 per sqft, 13% above what two-beds in Tanaro were fetching at the time (AED 934). 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. 516'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 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
5052-bedAED 2.5M · Jun 2024
5062-bedAED 710K · Sep 2021
5071-bedAED 1.3M · Jul 2024
1–7 of 15

516, Tanaro in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,059,888, last on 20 April 2021 for AED 1,475,000 (AED 1,056 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 145,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 28,600 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 20 April 2021.

Questions about 516, Tanaro

What did unit 516 last sell for?

AED 1,475,000 on 20 April 2021: AED 1,056 per sqft for 1,396 sqft. The unit has 3 registered sales; the first was AED 2,059,888 in March 2010.

What is the rent for unit 516?

AED 105,000 a year on the contract signed on 1 March 2020. The previous contract, from April 2015, was AED 145,391; the unit has been rented since April 2014.

How big is unit 516?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 5th floor of a 23-storey tower completed in 2010.

What is unit 516 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 516, Tanaro

Starts from the last sale price (AED 1.48M, 20 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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