A display panel and a display apparatus having the are provided. The display panel with a liquid crystal layer, includes first and second substrates which are disposed opposite to each other; a color filter polarizing layer which is formed on a surface of one of the first and second substrates between the first and second substrates, and includes a metal linear grid arranged at different pitches to emit a first polarized component of incident light with different colors; and a polarizing layer formed on an opposite surface to the surface of one of the first and second substrates. The provided display panel and display apparatus including the same, have decreased manufacturing costs and a simplified manufacturing process.