2-bed · 1,396 sqftTanaro, The Views · 6th floor · completed 2010

616, Tanaro

Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 16 January 2021
Last soldAED 2.4M5 March 2014
Current rentAED 90K /yr16 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Tanaro

What is 616 worth today?

Last sold for AED 2,400,000 in 2014

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16 Jan 2021RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
16 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
5 Mar 2014SoldReady
AED 2,400,000AED 1,719 per sqft
15 Mar 2013RentedNew contract
AED 112,500/yr12 months · AED 80 per sqft
15 Mar 2012RentedNew contract
AED 112,500/yr12 months · AED 80 per sqft
2 Jan 2011SoldReady
AED 2,088,888AED 1,496 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,088,888AED 1,496 per sqft

Source: Dubai Land Department. Updated 16 January 2021.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
6th of 23
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 28,600 /yr
Last sold
AED 2.4M · March 2014
Building
Tanaro

About 616, Tanaro

616 is a two-bedroom apartment of 1,396 sqft on the 6th floor of Tanaro, a 23-storey tower in The Views completed in 2010 by Emaar. It last sold on 5 March 2014 for AED 2,400,000, or AED 1,719 per sqft, 4% above the AED 1,660 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 16 January 2021, is AED 90,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 28,600 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 2,088,888 (AED 1,496 per sqft)Sold, January 2011: AED 2,088,888 (AED 1,496 per sqft)Sold, March 2014: AED 2,400,000 (AED 1,719 per sqft)

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

Rents
Unit 616, 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, March 2012: AED 112,500 a yearNew contract, March 2013: AED 112,500 a yearNew contract, January 2020: AED 90,000 a yearRenewal, January 2021: AED 90,000 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 616 sits

All 115 2-beds →

616 last sold in March 2014 at AED 1,719 per sqft, 4% above what two-beds in Tanaro were fetching at the time (AED 1,660). 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. 616's AED 90,000 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 6th floor

All 249 units in Tanaro
Value
6012-bedAED 1.32M · Oct 2011
6021-bedAED 1.25M · Mar 2011
6031-bedAED 1.25M · Feb 2011
6042-bedAED 1.98M · May 2023
6052-bedAED 2.4M · Apr 2024
6062-bedAED 807K · Dec 2011
6071-bedAED 510K · Feb 2011
1–7 of 15

616, Tanaro in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,088,888, last on 5 March 2014 for AED 2,400,000 (AED 1,719 per sqft).
  • Rented since March 2012 on 4 Ejari contracts, from AED 112,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 3.8%, 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 16 January 2021.

Questions about 616, Tanaro

What did unit 616 last sell for?

AED 2,400,000 on 5 March 2014: AED 1,719 per sqft for 1,396 sqft. The unit has 3 registered sales; the first was AED 2,088,888 in March 2010.

What is the rent for unit 616?

AED 90,000 a year on the contract renewed on 16 January 2021. The previous contract, from January 2020, was AED 90,000; the unit has been rented since March 2012.

How big is unit 616?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 6th floor of a 23-storey tower completed in 2010.

What is unit 616 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 616, Tanaro

Starts from the last sale price (AED 2.4M, 5 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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