Studio · 536 sqftDEC Twin Towers 1, Dubai Marina · completed 2009

P1-48, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P1-48 · DLD and Ejari recordsUpdated 6 April 2014
Last soldAED 680K6 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P1-48, DEC Twin Towers 1

What is P1-48 worth today?

Last sold for AED 680,000 in 2014

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6 Apr 2014SoldReady
AED 680,000AED 1,269 per sqft
26 Oct 2011SoldReady
AED 370,000AED 690 per sqft
20 May 2010Sold by developerReady
AED 478,500AED 893 per sqft

Source: Dubai Land Department. Updated 6 April 2014.

Key facts

Type
Studio apartment
Size
536 sqft
Parking
B-210
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,300 /yr
Last sold
AED 680K · April 2014

About P1-48, DEC Twin Towers 1

P1-48 is a studio of 536 sqft of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 6 April 2014 for AED 680,000, or AED 1,269 per sqft, 37% above the AED 924 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P1-48 over time

Sales
Unit P1-48, each saleTypical studio in DEC Twin Towers 1
500K750K2009201420192024Typical 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, May 2010: AED 478,500 (AED 893 per sqft)Sold, October 2011: AED 370,000 (AED 690 per sqft)Sold, April 2014: AED 680,000 (AED 1,269 per sqft)

P1-48 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P1-48, 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 55,650

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 P1-48 sits

All 48 studios →

P1-48 last sold in April 2014 at AED 1,269 per sqft, 37% above what studios in DEC Twin Towers 1 were fetching at the time (AED 924). 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.

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 →

P1-48, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 20 May 2010 for AED 478,500, last on 6 April 2014 for AED 680,000 (AED 1,269 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 6 April 2014.

Questions about P1-48, DEC Twin Towers 1

What did unit P1-48 last sell for?

AED 680,000 on 6 April 2014: AED 1,269 per sqft for 536 sqft. The unit has 3 registered sales; the first was AED 478,500 in May 2010.

How big is unit P1-48?

536 sqft (49.8 sqm): a studio of a 21-storey tower completed in 2009.

What is unit P1-48 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 P1-48, DEC Twin Towers 1

Starts from the last sale price (AED 680K, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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