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Studio · 502 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-36, DEC Twin Towers 1

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-36 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 720K20 November 2016
Current rentAED 43K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-36, DEC Twin Towers 1

What is P1-36 worth today?

Last sold for AED 720,000 in 2016

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1 Jul 2020RentedNew contract
AED 43,002/yr12 months · AED 86 per sqft
28 Jul 2019RentedNew contract
AED 61,000/yr12 months · AED 122 per sqft
20 Nov 2016SoldReady
AED 720,000AED 1,435 per sqft
10 Nov 2016Sold by developerReady
AED 438,780AED 874 per sqft
1 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
10 Jul 2014RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
10 Jul 2013RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
Studio apartment
Size
502 sqft
Parking
G-108
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,700 /yr
Last sold
AED 720K · November 2016
Building
DEC Twin Towers 1

About P1-36, DEC Twin Towers 1

P1-36 is a studio of 502 sqft of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 20 November 2016 for AED 720,000, or AED 1,435 per sqft, 18% above the AED 1,216 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 July 2020, is AED 43,002 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 8,700 a year.

Sales and rents for P1-36 over time

Sales
Unit P1-36, 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, November 2016: AED 720,000 (AED 1,435 per sqft)Sold by developer, November 2016: AED 438,780 (AED 874 per sqft)

P1-36 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P1-36, 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, July 2013: AED 45,000 a yearNew contract, July 2014: AED 50,000 a yearNew contract, November 2015: AED 60,000 a yearNew contract, July 2019: AED 61,000 a yearNew contract, July 2020: AED 43,002 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 P1-36 sits

All 48 studios →

P1-36 last sold in November 2016 at AED 1,435 per sqft, 18% above what studios in DEC Twin Towers 1 were fetching at the time (AED 1,216). 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. P1-36's AED 43,002 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 →

P1-36, DEC Twin Towers 1 in numbers

  • Sold twice: first on 10 November 2016 for AED 438,780, last on 20 November 2016 for AED 720,000 (AED 1,435 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 45,000 to AED 43,002 a year.
  • At AED 43,002 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 8,700 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 July 2020.

Questions about P1-36, DEC Twin Towers 1

What did unit P1-36 last sell for?

AED 720,000 on 20 November 2016: AED 1,435 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 438,780 in November 2016.

What is the rent for unit P1-36?

AED 43,002 a year on the contract signed on 1 July 2020. The previous contract, from July 2019, was AED 61,000; the unit has been rented since July 2013.

How big is unit P1-36?

502 sqft (46.6 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-36 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 P1-36, DEC Twin Towers 1

Starts from the last sale price (AED 720K, 20 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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