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

P1-22, DEC Twin Towers 1

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-22 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 490K10 September 2020
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-22, DEC Twin Towers 1

What is P1-22 worth today?

Last sold for AED 490,000 in 2020

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
1 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 135 per sqft
24 Jun 2024RentedRenewal
AED 63,000/yr12 months · AED 130 per sqft
24 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
10 Sep 2020SoldReady
AED 490,000AED 1,018 per sqft
1 Aug 2013RentedNew contract
AED 64,000/yr12 months · AED 132 per sqft
2 Sep 2009Sold by developerReady
AED 432,885AED 899 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
481 sqft
Parking
B-108
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,400 /yr
Last sold
AED 490K · September 2020
Building
DEC Twin Towers 1

About P1-22, DEC Twin Towers 1

P1-22 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 10 September 2020 for AED 490,000, or AED 1,018 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 8,400 a year.

Sales and rents for P1-22 over time

Sales
Unit P1-22, 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 2009: AED 432,885 (AED 899 per sqft)Sold, September 2020: AED 490,000 (AED 1,018 per sqft)

P1-22 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P1-22, 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, August 2013: AED 64,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 63,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, October 2026: AED 55,000 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 P1-22 sits

All 48 studios →

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. P1-22's AED 55,000 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 →

P1-22, DEC Twin Towers 1 in numbers

  • Sold twice: first on 2 September 2009 for AED 432,885, last on 10 September 2020 for AED 490,000 (AED 1,018 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 64,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 11.2%, 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 1 October 2026.

Questions about P1-22, DEC Twin Towers 1

What did unit P1-22 last sell for?

AED 490,000 on 10 September 2020: AED 1,018 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 432,885 in September 2009.

What is the rent for unit P1-22?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since August 2013.

How big is unit P1-22?

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

What is unit P1-22 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 P1-22, DEC Twin Towers 1

Starts from the last sale price (AED 490K, 10 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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