1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 12th floor · completed 2009

T1-1208, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in August 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-1208 · DLD and Ejari recordsUpdated 23 February 2022
Last soldAED 610K18 August 2021
Current rentAED 60K /yr23 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-1208, DEC Twin Towers 1

What is T1-1208 worth today?

Last sold for AED 610,000 in 2021

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23 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
18 Aug 2021SoldReady
AED 610,000AED 740 per sqft
5 Mar 2019RentedRenewal
AED 55,385/yr13 months · AED 67 per sqft
5 Feb 2018RentedNew contract
AED 55,385/yr13 months · AED 67 per sqft
12 Mar 2017SoldReady
AED 900,000AED 1,092 per sqft
8 Feb 2017Sold by developerReady
AED 720,480AED 874 per sqft

Source: Dubai Land Department. Updated 23 February 2022.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
12th of 21
Parking
G-151
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 610K · August 2021

About T1-1208, DEC Twin Towers 1

T1-1208 is a one-bedroom apartment of 823 sqft on the 12th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 18 August 2021 for AED 610,000, or AED 740 per sqft, in line with the AED 728 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 23 February 2022, is AED 60,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-1208 over time

Sales
Unit T1-1208, 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, February 2017: AED 720,480 (AED 874 per sqft)Sold, March 2017: AED 900,000 (AED 1,092 per sqft)Sold, August 2021: AED 610,000 (AED 740 per sqft)

T1-1208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-1208, 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, February 2018: AED 55,385 a yearRenewal, March 2019: AED 55,385 a yearNew contract, February 2022: AED 60,000 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 T1-1208 sits

All 79 1-beds →

T1-1208 last sold in August 2021 at AED 740 per sqft, in line with what one-beds in DEC Twin Towers 1 were fetching at the time (AED 728). 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. T1-1208's AED 60,000 is at the bottom 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 12th floor

All 159 units in DEC Twin Towers 1
Value
T1-12011-bedAED 720K · Dec 2018
T1-12022-bedAED 1.36M · Feb 2015
T1-12032-bedAED 1.52M · Dec 2024
T1-12041-bedAED 611K · Oct 2012
T1-12051-bedAED 639K · Mar 2010
T1-12062-bedAED 1.57M · Nov 2009
T1-12072-bedAED 725K · Aug 2012

T1-1208, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 8 February 2017 for AED 720,480, last on 18 August 2021 for AED 610,000 (AED 740 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 55,385 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 9.8%, 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 23 February 2022.

Questions about T1-1208, DEC Twin Towers 1

What did unit T1-1208 last sell for?

AED 610,000 on 18 August 2021: AED 740 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 720,480 in February 2017.

What is the rent for unit T1-1208?

AED 60,000 a year on the contract signed on 23 February 2022. The previous contract, from March 2019, was AED 55,385; the unit has been rented since February 2018.

How big is unit T1-1208?

823 sqft (76.5 sqm): a one-bedroom apartment on the 12th floor of a 21-storey tower completed in 2009.

What is unit T1-1208 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 T1-1208, DEC Twin Towers 1

Starts from the last sale price (AED 610K, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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