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Studio · 481 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-20, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in March 2016, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-20 · DLD and Ejari recordsUpdated 7 March 2016
Last soldAED 712K7 March 2016
Current rentAED 38K /yr1 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-20, DEC Twin Towers 1

What is P1-20 worth today?

Last sold for AED 712,000 in 2016

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7 Mar 2016SoldReady
AED 712,000AED 1,479 per sqft
1 May 2014RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
10 Aug 2011SoldReady
AED 350,000AED 727 per sqft
24 Jul 2011Sold by developerReady
AED 406,205AED 844 per sqft

Source: Dubai Land Department. Updated 7 March 2016.

Key facts

Type
Studio apartment
Size
481 sqft
Parking
G-66
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,400 /yr
Last sold
AED 712K · March 2016
Building
DEC Twin Towers 1

About P1-20, DEC Twin Towers 1

P1-20 is a studio of 481 sqft of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 7 March 2016 for AED 712,000, or AED 1,479 per sqft, 28% above the AED 1,157 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2014. The current contract, signed on 1 May 2014, is AED 38,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 8,400 a year.

Sales and rents for P1-20 over time

Sales
Unit P1-20, each saleTypical studio in DEC Twin Towers 1
500K750K2009201420192024Typical 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, July 2011: AED 406,205 (AED 844 per sqft)Sold, August 2011: AED 350,000 (AED 727 per sqft)Sold, March 2016: AED 712,000 (AED 1,479 per sqft)

P1-20 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P1-20, 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 2014: AED 38,000 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 P1-20 sits

All 48 studios →

P1-20 last sold in March 2016 at AED 1,479 per sqft, 28% above what studios in DEC Twin Towers 1 were fetching at the time (AED 1,157). 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. P1-20's AED 38,000 is at the bottom 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 →

P1-20, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 24 July 2011 for AED 406,205, last on 7 March 2016 for AED 712,000 (AED 1,479 per sqft).
  • Rented since May 2014 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 8,400 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 7 March 2016.

Questions about P1-20, DEC Twin Towers 1

What did unit P1-20 last sell for?

AED 712,000 on 7 March 2016: AED 1,479 per sqft for 481 sqft. The unit has 3 registered sales; the first was AED 406,205 in July 2011.

What is the rent for unit P1-20?

AED 38,000 a year on the contract signed on 1 May 2014.

How big is unit P1-20?

481 sqft (44.7 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-20 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 P1-20, DEC Twin Towers 1

Starts from the last sale price (AED 712K, 7 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 712,000
Deposit, UAE resident (20%)
AED 142,400
Deposit, non-resident (40%)
AED 284,800
Monthly over 25 years at 3.7%
AED 2,913

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