1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 14th floor · completed 2009

T1-1408, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in January 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-1408 · DLD and Ejari recordsUpdated 15 January 2020
Last soldAED 565K15 January 2020
Current rentAED 68K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-1408, DEC Twin Towers 1

What is T1-1408 worth today?

Last sold for AED 565,000 in 2020

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15 Jan 2020SoldReady
AED 565,000AED 686 per sqft
1 Dec 2017RentedNew contract
AED 68,000/yr12 months · AED 82 per sqft
17 Feb 2016RentedNew contract
AED 84,000/yr12 months · AED 101 per sqft
11 Jan 2016SoldReady
AED 885,000AED 1,074 per sqft
19 May 2015Sold by developerReady
AED 351,708AED 427 per sqft

Source: Dubai Land Department. Updated 15 January 2020.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
14th of 21
Parking
B-25
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 565K · January 2020

About T1-1408, DEC Twin Towers 1

T1-1408 is a one-bedroom apartment of 823 sqft on the 14th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 15 January 2020 for AED 565,000, or AED 686 per sqft, 13% below the AED 789 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 December 2017, is AED 68,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-1408 over time

Sales
Unit T1-1408, each saleTypical one-bed in DEC Twin Towers 1
500K1M2009201420192024Typical 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, May 2015: AED 351,708 (AED 427 per sqft)Sold, January 2016: AED 885,000 (AED 1,074 per sqft)Sold, January 2020: AED 565,000 (AED 686 per sqft)

T1-1408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-1408, 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 2016: AED 84,000 a yearNew contract, December 2017: AED 68,000 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 T1-1408 sits

All 79 1-beds →

T1-1408 last sold in January 2020 at AED 686 per sqft, 13% below what one-beds in DEC Twin Towers 1 were fetching at the time (AED 789). 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. T1-1408's AED 68,000 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 14th floor

All 159 units in DEC Twin Towers 1
Value
T1-14011-bedAED 600K · May 2012
T1-14022-bedAED 1.36M · Feb 2024
T1-14032-bedAED 1.6M · Dec 2024
T1-14041-bedAED 639K · Oct 2015
T1-14051-bedAED 1.13M · Apr 2026
T1-14062-bedAED 1.35M · Jan 2023
T1-14072-bedAED 1.23M · Jun 2009

T1-1408, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 19 May 2015 for AED 351,708, last on 15 January 2020 for AED 565,000 (AED 686 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 84,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2020 price is 12.0%, 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 15 January 2020.

Questions about T1-1408, DEC Twin Towers 1

What did unit T1-1408 last sell for?

AED 565,000 on 15 January 2020: AED 686 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 351,708 in May 2015.

What is the rent for unit T1-1408?

AED 68,000 a year on the contract signed on 1 December 2017. The previous contract, from February 2016, was AED 84,000.

How big is unit T1-1408?

823 sqft (76.5 sqm): a one-bedroom apartment on the 14th floor of a 21-storey tower completed in 2009.

What is unit T1-1408 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 T1-1408, DEC Twin Towers 1

Starts from the last sale price (AED 565K, 15 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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