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

P1-23, DEC Twin Towers 1

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-23 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 820K4 December 2025
Current rentAED 38K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-23, DEC Twin Towers 1

What is P1-23 worth today?

Last sold for AED 820,000 in 2025

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4 Dec 2025SoldReady
AED 820,000AED 1,704 per sqft
15 Oct 2021RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft
15 Oct 2020RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft
15 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
1 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
1 Feb 2017RentedNew contract
AED 64,000/yr12 months · AED 132 per sqft
15 Feb 2010Sold by developerReady
AED 421,030AED 875 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
Studio apartment
Size
481 sqft
Parking
G-93
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,400 /yr
Last sold
AED 820K · December 2025
Building
DEC Twin Towers 1

About P1-23, DEC Twin Towers 1

P1-23 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 4 December 2025 for AED 820,000, or AED 1,704 per sqft, 10% above the AED 1,553 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 38,000 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 8,400 a year.

Sales and rents for P1-23 over time

Sales
Unit P1-23, 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, February 2010: AED 421,030 (AED 875 per sqft)Sold, December 2025: AED 820,000 (AED 1,704 per sqft)

P1-23 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P1-23, 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, February 2017: AED 64,000 a yearNew contract, February 2019: AED 45,000 a yearNew contract, October 2019: AED 40,000 a yearRenewal, October 2020: AED 38,000 a yearRenewal, October 2021: 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 P1-23 sits

All 48 studios →

P1-23 last sold in December 2025 at AED 1,704 per sqft, 10% above what studios in DEC Twin Towers 1 were fetching at the time (AED 1,553). 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. P1-23'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 →

P1-23, DEC Twin Towers 1 in numbers

  • Sold twice: first on 15 February 2010 for AED 421,030, last on 4 December 2025 for AED 820,000 (AED 1,704 per sqft).
  • Rented since February 2017 on 5 Ejari contracts, from AED 64,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2025 price is 4.6%, 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 4 December 2025.

Questions about P1-23, DEC Twin Towers 1

What did unit P1-23 last sell for?

AED 820,000 on 4 December 2025: AED 1,704 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 421,030 in February 2010.

What is the rent for unit P1-23?

AED 38,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 38,000; the unit has been rented since February 2017.

How big is unit P1-23?

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

What is unit P1-23 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 P1-23, DEC Twin Towers 1

Starts from the last sale price (AED 820K, 4 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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