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

P1-40, DEC Twin Towers 1

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-40 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 423K16 March 2011
Current rentAED 50K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P1-40, DEC Twin Towers 1

What is P1-40 worth today?

Last sold for AED 423,330 in 2011

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1 Aug 2026RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
1 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
15 May 2024RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
15 May 2024RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
16 Jun 2023RentedRenewal
AED 44,000/yr12 months · AED 87 per sqft
16 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
15 Jun 2021RentedRenewal
AED 35,000/yr12 months · AED 69 per sqft
15 Jun 2020RentedRenewal
AED 45,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
502 sqft
Parking
G-112
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,700 /yr
Last sold
AED 423K · March 2011
Building
DEC Twin Towers 1

About P1-40, DEC Twin Towers 1

P1-40 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. The developer sold it on 16 March 2011 for AED 423,330, or AED 843 per sqft, 10% below the AED 936 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 1 August 2026, is AED 50,000 a year: a gross yield of 11.8% on the 2011 price, before the service charge of about AED 8,700 a year.

Sales and rents for P1-40 over time

Sales
Unit P1-40, 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, March 2011: AED 423,330 (AED 843 per sqft)

P1-40 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P1-40, 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, May 2018: AED 53,000 a yearNew contract, June 2019: AED 45,000 a yearRenewal, June 2020: AED 45,000 a yearRenewal, June 2021: AED 35,000 a yearNew contract, June 2022: AED 40,000 a yearRenewal, June 2023: AED 44,000 a yearNew contract, May 2024: AED 60,000 a yearNew contract, May 2024: AED 60,000 a yearNew contract, June 2025: AED 60,000 a yearNew contract, August 2026: AED 50,000 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 P1-40 sits

All 48 studios →

P1-40 last sold in March 2011 at AED 843 per sqft, 10% below what studios in DEC Twin Towers 1 were fetching at the time (AED 936). 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. P1-40's AED 50,000 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 →

P1-40, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 16 March 2011 for AED 423,330, or AED 843 per sqft.
  • Rented since May 2018 on 10 Ejari contracts. The rent fell from AED 53,000 to AED 35,000 in 2021 and recovered to AED 50,000 by August 2026.
  • At AED 50,000 a year the gross yield on the 2011 price is 11.8%, 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 August 2026.

Questions about P1-40, DEC Twin Towers 1

What did unit P1-40 last sell for?

AED 423,330 on 16 March 2011, sold by the developer: AED 843 per sqft for 502 sqft. It is the only registered sale of the unit.

What is the rent for unit P1-40?

AED 50,000 a year on the contract signed on 1 August 2026. The previous contract, from June 2025, was AED 60,000; the unit has been rented since May 2018.

How big is unit P1-40?

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

What is unit P1-40 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 P1-40, DEC Twin Towers 1

Starts from the last sale price (AED 423K, 16 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 423,330
Deposit, UAE resident (20%)
AED 84,666
Deposit, non-resident (40%)
AED 169,332
Monthly over 25 years at 3.7%
AED 1,732

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