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

P1-03, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-03 · DLD and Ejari recordsUpdated 26 July 2025
Last soldAED 530K31 May 2023
Current rentAED 52K /yr26 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-03, DEC Twin Towers 1

What is P1-03 worth today?

Last sold for AED 530,000 in 2023

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26 Jul 2025RentedNew contract
AED 52,000/yr12 months · AED 101 per sqft
31 May 2023SoldReady
AED 530,000AED 1,023 per sqft
10 May 2023RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
15 Mar 2022RentedNew contract
AED 37,000/yr12 months · AED 72 per sqft
10 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
3 Nov 2018RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
30 Aug 2017RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
23 Feb 2014RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 26 July 2025.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-61
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 530K · May 2023
Building
DEC Twin Towers 1

About P1-03, DEC Twin Towers 1

P1-03 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 31 May 2023 for AED 530,000, or AED 1,023 per sqft, in line with the AED 1,023 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 26 July 2025, is AED 52,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for P1-03 over time

Sales
Unit P1-03, 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, September 2013: AED 484,000 (AED 934 per sqft)Sold, January 2014: AED 680,000 (AED 1,313 per sqft)Sold, May 2023: AED 530,000 (AED 1,023 per sqft)

P1-03 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P1-03, 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, February 2014: AED 65,000 a yearNew contract, August 2017: AED 55,000 a yearNew contract, November 2018: AED 48,000 a yearNew contract, December 2020: AED 28,000 a yearNew contract, March 2022: AED 37,000 a yearNew contract, May 2023: AED 48,000 a yearNew contract, July 2025: AED 52,000 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 P1-03 sits

All 48 studios →

P1-03 last sold in May 2023 at AED 1,023 per sqft, in line with what studios in DEC Twin Towers 1 were fetching at the time (AED 1,023). 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. P1-03's AED 52,000 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
16 Jan 2026800,000
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 →

P1-03, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 29 September 2013 for AED 484,000, last on 31 May 2023 for AED 530,000 (AED 1,023 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 28,000 in 2020 and recovered to AED 52,000 by July 2025.
  • At AED 52,000 a year the gross yield on the 2023 price is 9.8%, 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 26 July 2025.

Questions about P1-03, DEC Twin Towers 1

What did unit P1-03 last sell for?

AED 530,000 on 31 May 2023: AED 1,023 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 484,000 in September 2013.

What is the rent for unit P1-03?

AED 52,000 a year on the contract signed on 26 July 2025. The previous contract, from May 2023, was AED 48,000; the unit has been rented since February 2014.

How big is unit P1-03?

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

What is unit P1-03 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 P1-03, DEC Twin Towers 1

Starts from the last sale price (AED 530K, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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