1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 11th floor · completed 2009

T1-1108, DEC Twin Towers 1

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-1108 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 970K3 April 2024
Current rentAED 65K /yr7 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-1108, DEC Twin Towers 1

What is T1-1108 worth today?

Last sold for AED 970,000 in 2024

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3 Apr 2024SoldReady
AED 970,000AED 1,177 per sqft
19 Aug 2021SoldReady
AED 615,000AED 746 per sqft
13 Apr 2015SoldReady
AED 1,000,000AED 1,214 per sqft
7 Jan 2014RentedRenewal
AED 65,000/yr12 months · AED 78 per sqft
7 Jan 2014RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
7 Jan 2013RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
6 Jun 2010Sold by developerReady
AED 677,820AED 823 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
11th of 21
Parking
B-103
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 970K · April 2024

About T1-1108, DEC Twin Towers 1

T1-1108 is a one-bedroom apartment of 823 sqft on the 11th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 3 April 2024 for AED 970,000, or AED 1,177 per sqft, 8% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 7 January 2014, is AED 65,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-1108 over time

Sales
Unit T1-1108, each saleTypical one-bed in DEC Twin Towers 1
750K1M2009201420192024Typical sale price by year: 2009 AED 702,000; 2010 AED 677,820; 2012 AED 656,016; 2013 AED 725,000; 2014 AED 711,000; 2015 AED 739,440; 2016 AED 850,000; 2017 AED 782,500; 2018 AED 715,740; 2019 AED 657,500; 2020 AED 616,670; 2021 AED 610,000; 2022 AED 695,000; 2023 AED 800,000; 2024 AED 990,000; 2025 AED 1,100,000Sold by developer, June 2010: AED 677,820 (AED 823 per sqft)Sold, April 2015: AED 1,000,000 (AED 1,214 per sqft)Sold, August 2021: AED 615,000 (AED 746 per sqft)Sold, April 2024: AED 970,000 (AED 1,177 per sqft)

T1-1108 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-1108, each contractTypical one-bed in DEC Twin Towers 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,750; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 62,550; 2024 AED 73,000; 2025 AED 75,900; 2026 AED 72,000New contract, January 2013: AED 65,000 a yearRenewal, January 2014: AED 65,000 a yearNew contract, January 2014: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in DEC Twin Towers 1, and where T1-1108 sits

All 79 1-beds →

T1-1108 last sold in April 2024 at AED 1,177 per sqft, 8% above what one-beds in DEC Twin Towers 1 were fetching at the time (AED 1,090). Over the last 12 months one-beds sold for AED 1,000,000 to 1,127,121, around AED 1,335 per sqft, and rent for AED 60,000 to 130,000 a year. T1-1108's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jun 20261,000,000
10 Apr 20261,127,121
13 Nov 20251,100,000
25 Sep 20251,100,000
3 1-bed 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 →

Other units on the 11th floor

All 159 units in DEC Twin Towers 1
Value
T1-11011-bedAED 711K · Jul 2018
T1-11022-bedAED 1.74M · Jul 2013
T1-11032-bedAED 1.46M · May 2024
T1-11041-bedAED 890K · Aug 2013
T1-11051-bedAED 600K · Feb 2021
T1-11062-bedAED 900K · Aug 2021
T1-11072-bedAED 1.5M · Sep 2023

T1-1108, DEC Twin Towers 1 in numbers

  • Sold 4 times: first on 6 June 2010 for AED 677,820, last on 3 April 2024 for AED 970,000 (AED 1,177 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 14,300 a year (AED 17.39 per sqft).
  • One-beds in DEC Twin Towers 1 sold for AED 1,000,000–1,127,121 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 3 April 2024.

Questions about T1-1108, DEC Twin Towers 1

What did unit T1-1108 last sell for?

AED 970,000 on 3 April 2024: AED 1,177 per sqft for 823 sqft. The unit has 4 registered sales; the first was AED 677,820 in June 2010.

What is the rent for unit T1-1108?

AED 65,000 a year on the contract renewed on 7 January 2014. The previous contract, from January 2014, was AED 65,000; the unit has been rented since January 2013.

How big is unit T1-1108?

823 sqft (76.5 sqm): a one-bedroom apartment on the 11th floor of a 21-storey tower completed in 2009.

What is unit T1-1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DEC Twin Towers 1 sold for AED 1,000,000 to 1,127,121 in the last 12 months, around AED 1,335 per sqft.

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Mortgage on T1-1108, DEC Twin Towers 1

Starts from the last sale price (AED 970K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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