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Studio · 521 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-35, DEC Twin Towers 1

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-35 · DLD and Ejari recordsUpdated 14 December 2021
Last soldAED 491K12 November 2012
Current rentAED 28K /yr14 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-35, DEC Twin Towers 1

What is P1-35 worth today?

Last sold for AED 491,130 in 2012

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14 Dec 2021RentedRenewal
AED 28,000/yr12 months · AED 54 per sqft
14 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
20 Feb 2018RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
26 Apr 2015RentedNew contract
AED 64,000/yr12 months · AED 124 per sqft
12 Nov 2012Sold by developerReady
AED 491,130AED 942 per sqft

Source: Dubai Land Department. Updated 14 December 2021.

Key facts

Type
Studio apartment
Size
521 sqft
Parking
G-107
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,100 /yr
Last sold
AED 491K · November 2012
Building
DEC Twin Towers 1

About P1-35, DEC Twin Towers 1

P1-35 is a studio of 521 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 12 November 2012 for AED 491,130, or AED 942 per sqft, 6% above the AED 890 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 14 December 2021, is AED 28,000 a year: a gross yield of 5.7% on the 2012 price, before the service charge of about AED 9,100 a year.

Sales and rents for P1-35 over time

Sales
Unit P1-35, 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, November 2012: AED 491,130 (AED 942 per sqft)

P1-35 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P1-35, 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, April 2015: AED 64,000 a yearNew contract, February 2018: AED 47,000 a yearNew contract, December 2020: AED 28,000 a yearRenewal, December 2021: AED 28,000 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 P1-35 sits

All 48 studios →

P1-35 last sold in November 2012 at AED 942 per sqft, 6% above what studios in DEC Twin Towers 1 were fetching at the time (AED 890). 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. P1-35's AED 28,000 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 →

P1-35, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 12 November 2012 for AED 491,130, or AED 942 per sqft.
  • Rented since April 2015 on 4 Ejari contracts, from AED 64,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2012 price is 5.7%, before a service charge of about AED 9,100 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 14 December 2021.

Questions about P1-35, DEC Twin Towers 1

What did unit P1-35 last sell for?

AED 491,130 on 12 November 2012, sold by the developer: AED 942 per sqft for 521 sqft. It is the only registered sale of the unit.

What is the rent for unit P1-35?

AED 28,000 a year on the contract renewed on 14 December 2021. The previous contract, from December 2020, was AED 28,000; the unit has been rented since April 2015.

How big is unit P1-35?

521 sqft (48.4 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-35 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 P1-35, DEC Twin Towers 1

Starts from the last sale price (AED 491K, 12 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 491,130
Deposit, UAE resident (20%)
AED 98,226
Deposit, non-resident (40%)
AED 196,452
Monthly over 25 years at 3.7%
AED 2,009

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