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

P1-16, DEC Twin Towers 1

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-16 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 526K17 January 2011
Current rentAED 60K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-16, DEC Twin Towers 1

What is P1-16 worth today?

Last sold for AED 526,260 in 2011

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10 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
20 Aug 2024RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
20 Aug 2024RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
20 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
18 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
18 Aug 2020RentedNew contract
AED 27,692/yr13 months · AED 53 per sqft
30 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 73 per sqft
30 Dec 2018RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-239
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 526K · January 2011
Building
DEC Twin Towers 1

About P1-16, DEC Twin Towers 1

P1-16 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. The developer sold it on 17 January 2011 for AED 526,260, or AED 1,016 per sqft, 12% above the AED 911 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 10 September 2025, is AED 60,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 9,000 a year.

Sales and rents for P1-16 over time

Sales
Unit P1-16, 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, January 2011: AED 526,260 (AED 1,016 per sqft)

P1-16 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P1-16, 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, May 2013: AED 42,000 a yearRenewal, May 2014: AED 48,300 a yearRenewal, May 2015: AED 55,545 a yearRenewal, May 2016: AED 60,000 a yearNew contract, November 2017: AED 50,000 a yearNew contract, December 2018: AED 42,000 a yearNew contract, January 2020: AED 38,000 a yearNew contract, August 2020: AED 27,692 a yearRenewal, September 2021: AED 30,000 a yearNew contract, August 2023: AED 45,000 a yearRenewal, August 2024: AED 50,000 a yearRenewal, August 2024: AED 50,000 a yearNew contract, September 2025: AED 60,000 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 P1-16 sits

All 48 studios →

P1-16 last sold in January 2011 at AED 1,016 per sqft, 12% above what studios in DEC Twin Towers 1 were fetching at the time (AED 911). 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. P1-16's AED 60,000 is in the upper 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 →

P1-16, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 17 January 2011 for AED 526,260, or AED 1,016 per sqft.
  • Rented since May 2013 on 13 Ejari contracts. The rent fell from AED 42,000 to AED 27,692 in 2020 and recovered to AED 60,000 by September 2025.
  • At AED 60,000 a year the gross yield on the 2011 price is 11.4%, 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 10 September 2025.

Questions about P1-16, DEC Twin Towers 1

What did unit P1-16 last sell for?

AED 526,260 on 17 January 2011, sold by the developer: AED 1,016 per sqft for 518 sqft. It is the only registered sale of the unit.

What is the rent for unit P1-16?

AED 60,000 a year on the contract signed on 10 September 2025. The previous contract, from August 2024, was AED 50,000; the unit has been rented since May 2013.

How big is unit P1-16?

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

What is unit P1-16 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 P1-16, DEC Twin Towers 1

Starts from the last sale price (AED 526K, 17 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 526,260
Deposit, UAE resident (20%)
AED 105,252
Deposit, non-resident (40%)
AED 210,504
Monthly over 25 years at 3.7%
AED 2,153

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