Studio · 518 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-02, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-02 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 800K16 January 2026
Current rentAED 50K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P1-02, DEC Twin Towers 1

What is P1-02 worth today?

Last sold for AED 800,000 in 2026

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15 May 2026RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
16 Jan 2026SoldReady
AED 800,000AED 1,545 per sqft
1 May 2025RentedNew contract
AED 67,000/yr12 months · AED 130 per sqft
15 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
2 Sep 2018RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
12 Apr 2017RentedRenewal
AED 60,000/yr12 months · AED 116 per sqft
12 Apr 2016RentedNew contract
AED 64,000/yr12 months · AED 124 per sqft
12 Mar 2012SoldReady
AED 390,000AED 753 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
G-73
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 800K · January 2026

About P1-02, DEC Twin Towers 1

P1-02 is a studio of 518 sqft of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 16 January 2026 for AED 800,000, or AED 1,545 per sqft, in line with the AED 1,551 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 May 2026, is AED 50,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 9,000 a year.

Sales and rents for P1-02 over time

Sales
Unit P1-02, each saleTypical studio in DEC Twin Towers 1
400K600K800K2009201420192024Typical sale price by year: 2009 AED 465,740; 2010 AED 465,580; 2011 AED 475,630; 2012 AED 468,805; 2013 AED 463,500; 2014 AED 680,000; 2015 AED 479,780; 2016 AED 630,000; 2018 AED 570,000; 2022 AED 530,000; 2023 AED 562,500; 2024 AED 730,000; 2025 AED 825,000; 2026 AED 800,000Sold by developer, February 2012: AED 452,980 (AED 874 per sqft)Sold, March 2012: AED 390,000 (AED 753 per sqft)Sold, January 2026: AED 800,000 (AED 1,545 per sqft)

P1-02 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P1-02, each contractTypical studio in DEC Twin Towers 1
40K60K2013201720212025Typical rent by year: 2013 AED 42,000; 2014 AED 49,197; 2015 AED 64,500; 2016 AED 60,000; 2017 AED 58,000; 2018 AED 48,000; 2019 AED 44,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 40,000; 2023 AED 48,000; 2024 AED 59,825; 2025 AED 60,000; 2026 AED 55,650New contract, April 2016: AED 64,000 a yearRenewal, April 2017: AED 60,000 a yearNew contract, September 2018: AED 47,000 a yearNew contract, October 2019: AED 38,000 a yearNew contract, May 2025: AED 67,000 a yearNew contract, May 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in DEC Twin Towers 1, and where P1-02 sits

All 48 studios →

P1-02 last sold in January 2026 at AED 1,545 per sqft, in line with what studios in DEC Twin Towers 1 were fetching at the time (AED 1,551). Over the last 12 months studios sold for AED 750,000 to 1,020,000, around AED 1,545 per sqft, and rent for AED 40,800 to 75,000 a year. P1-02's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jul 20261,020,000
25 Feb 2026800,000
6 Feb 2026750,000
4 Dec 2025820,000
5 studio sales in the last 12 months

DEC Twin Towers 1

Building

159 apartments, studios to 2-bed over 21 floors in Dubai Marina, completed in 2009 by Dheeraj & East Coast. 11 sold in the last 12 months.

Typical price per sqft
AED 1,473 Up 6.2%
Typical sale
AED 1.02M
Typical rent
AED 77K /yr
Typical yield
6.1%
DEC Twin Towers 1, Dubai Marina: prices, sales and rents →

P1-02, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 28 February 2012 for AED 452,980, last on 16 January 2026 for AED 800,000 (AED 1,545 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 64,000 to AED 38,000 in 2019 and recovered to AED 50,000 by May 2026.
  • At AED 50,000 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 9,000 a year (AED 17.39 per sqft).
  • Studios in DEC Twin Towers 1 sold for AED 750,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 1,473 per sqft.

Source: Dubai Land Department. Updated 15 May 2026.

Questions about P1-02, DEC Twin Towers 1

What did unit P1-02 last sell for?

AED 800,000 on 16 January 2026: AED 1,545 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 452,980 in February 2012.

What is the rent for unit P1-02?

AED 50,000 a year on the contract signed on 15 May 2026. The previous contract, from May 2025, was AED 67,000; the unit has been rented since April 2016.

How big is unit P1-02?

518 sqft (48.1 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DEC Twin Towers 1 sold for AED 750,000 to 1,020,000 in the last 12 months, around AED 1,545 per sqft.

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Mortgage on P1-02, DEC Twin Towers 1

Starts from the last sale price (AED 800K, 16 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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