Studio · 489 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-24, DEC Twin Towers 1

Sold prices and rental history: sold 4 times, last in November 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-24 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 640K23 November 2017
Current rentAED 59K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P1-24, DEC Twin Towers 1

What is P1-24 worth today?

Last sold for AED 640,000 in 2017

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31 Dec 2025RentedRenewal
AED 58,500/yr12 months · AED 121 per sqft
31 Dec 2024RentedRenewal
AED 53,000/yr12 months · AED 109 per sqft
31 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
31 Dec 2022RentedRenewal
AED 39,000/yr12 months · AED 81 per sqft
1 Dec 2021RentedRenewal
AED 33,000/yr13 months · AED 68 per sqft
1 Dec 2020RentedNew contract
AED 31,000/yr12 months · AED 64 per sqft
4 Aug 2019RentedRenewal
AED 47,000/yr12 months · AED 97 per sqft
4 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio apartment
Size
489 sqft
Parking
G-94
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,500 /yr
Last sold
AED 640K · November 2017

About P1-24, DEC Twin Towers 1

P1-24 is a studio of 489 sqft of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 23 November 2017 for AED 640,000, or AED 1,309 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 31 December 2025, is AED 58,500 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for P1-24 over time

Sales
Unit P1-24, 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, October 2009: AED 413,055 (AED 845 per sqft)Sold, September 2012: AED 475,000 (AED 972 per sqft)Sold, December 2012: AED 550,000 (AED 1,125 per sqft)Sold, November 2017: AED 640,000 (AED 1,309 per sqft)

P1-24 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit P1-24, 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, December 2013: AED 65,000 a yearNew contract, November 2015: AED 65,000 a yearNew contract, August 2017: AED 50,000 a yearNew contract, August 2018: AED 50,000 a yearRenewal, August 2019: AED 47,000 a yearNew contract, December 2020: AED 31,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 39,000 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 53,000 a yearRenewal, December 2025: AED 58,500 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 P1-24 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. P1-24's AED 58,500 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 →

P1-24, DEC Twin Towers 1 in numbers

  • Sold 4 times: first on 18 October 2009 for AED 413,055, last on 23 November 2017 for AED 640,000 (AED 1,309 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 31,000 in 2020 and recovered to AED 58,500 by December 2025.
  • At AED 58,500 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 8,500 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 31 December 2025.

Questions about P1-24, DEC Twin Towers 1

What did unit P1-24 last sell for?

AED 640,000 on 23 November 2017: AED 1,309 per sqft for 489 sqft. The unit has 4 registered sales; the first was AED 413,055 in October 2009.

What is the rent for unit P1-24?

AED 58,500 a year on the contract renewed on 31 December 2025. The previous contract, from December 2024, was AED 53,000; the unit has been rented since December 2013.

How big is unit P1-24?

489 sqft (45.4 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-24 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 P1-24, DEC Twin Towers 1

Starts from the last sale price (AED 640K, 23 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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