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

P1-14, DEC Twin Towers 1

Sold prices and rental history: sold twice, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-14 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 714K15 November 2024
Current rentAED 56K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P1-14, DEC Twin Towers 1

What is P1-14 worth today?

Last sold for AED 714,000 in 2024

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25 Apr 2026RentedRenewal
AED 55,650/yr12 months · AED 108 per sqft
15 Nov 2024SoldReady
AED 714,000AED 1,379 per sqft
25 Apr 2022RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
27 Apr 2016Sold by developerReady
AED 452,980AED 874 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-245
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 714K · November 2024

About P1-14, DEC Twin Towers 1

P1-14 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 15 November 2024 for AED 714,000, or AED 1,379 per sqft, in line with the AED 1,394 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 55,650 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for P1-14 over time

Sales
Unit P1-14, 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, April 2016: AED 452,980 (AED 874 per sqft)Sold, November 2024: AED 714,000 (AED 1,379 per sqft)

P1-14 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P1-14, 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 2022: AED 48,000 a yearRenewal, April 2026: AED 55,650 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 P1-14 sits

All 48 studios →

P1-14 last sold in November 2024 at AED 1,379 per sqft, in line with what studios in DEC Twin Towers 1 were fetching at the time (AED 1,394). 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. P1-14's AED 55,650 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 →

P1-14, DEC Twin Towers 1 in numbers

  • Sold twice: first on 27 April 2016 for AED 452,980, last on 15 November 2024 for AED 714,000 (AED 1,379 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, from AED 48,000 to AED 55,650 a year.
  • At AED 55,650 a year the gross yield on the 2024 price is 7.8%, 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 25 April 2026.

Questions about P1-14, DEC Twin Towers 1

What did unit P1-14 last sell for?

AED 714,000 on 15 November 2024: AED 1,379 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 452,980 in April 2016.

What is the rent for unit P1-14?

AED 55,650 a year on the contract renewed on 25 April 2026. The previous contract, from April 2022, was AED 48,000.

How big is unit P1-14?

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

What is unit P1-14 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 P1-14, DEC Twin Towers 1

Starts from the last sale price (AED 714K, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 714,000
Deposit, UAE resident (20%)
AED 142,800
Deposit, non-resident (40%)
AED 285,600
Monthly over 25 years at 3.7%
AED 2,921

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