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

P1-21, 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 P1-21 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 425K17 January 2011
Current rentAED 60K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-21, DEC Twin Towers 1

What is P1-21 worth today?

Last sold for AED 425,000 in 2011

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8 Sep 2026RentedRenewal
AED 60,000/yr8 months · AED 125 per sqft
8 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
6 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
1 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
25 May 2023RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
25 May 2022RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
22 Nov 2021RentedNew contract
AED 32,000/yr6 months · AED 67 per sqft
1 Jan 2020RentedRenewal
AED 39,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
Studio apartment
Size
481 sqft
Parking
G-92
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,400 /yr
Last sold
AED 425K · January 2011
Building
DEC Twin Towers 1

About P1-21, DEC Twin Towers 1

P1-21 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. The developer sold it on 17 January 2011 for AED 425,000, or AED 883 per sqft, 3% below the AED 911 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 60,000 a year: a gross yield of 14.1% on the 2011 price, before the service charge of about AED 8,400 a year.

Sales and rents for P1-21 over time

Sales
Unit P1-21, 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 425,000 (AED 883 per sqft)

P1-21 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P1-21, 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, November 2013: AED 42,000 a yearNew contract, November 2014: AED 48,393 a yearRenewal, July 2015: AED 53,132 a yearRenewal, July 2016: AED 58,445 a yearRenewal, July 2017: AED 58,445 a yearNew contract, January 2019: AED 44,000 a yearRenewal, January 2020: AED 39,000 a yearNew contract, November 2021: AED 32,000 a yearNew contract, May 2022: AED 40,000 a yearRenewal, May 2023: AED 40,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, August 2025: AED 60,000 a yearNew contract, September 2025: AED 60,000 a yearRenewal, September 2026: 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 P1-21 sits

All 48 studios →

P1-21 last sold in January 2011 at AED 883 per sqft, 3% below 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. P1-21'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 →

P1-21, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 17 January 2011 for AED 425,000, or AED 883 per sqft.
  • Rented since November 2013 on 14 Ejari contracts. The rent fell from AED 42,000 to AED 32,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2011 price is 14.1%, 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 8 September 2026.

Questions about P1-21, DEC Twin Towers 1

What did unit P1-21 last sell for?

AED 425,000 on 17 January 2011, sold by the developer: AED 883 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit P1-21?

AED 60,000 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since November 2013.

How big is unit P1-21?

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

What is unit P1-21 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 P1-21, DEC Twin Towers 1

Starts from the last sale price (AED 425K, 17 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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