T1-1603, DEC Twin Towers 1
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for T1-1603, DEC Twin Towers 1
What is T1-1603 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 16th of 21
- Parking
- B-15
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.22M · February 2016
- Building
- DEC Twin Towers 1
About T1-1603, DEC Twin Towers 1
T1-1603 is a two-bedroom apartment of 1,491 sqft on the 16th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. The developer sold it on 18 February 2016 for AED 1,217,300, or AED 816 per sqft, 6% below the AED 872 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 120,000 a year: a gross yield of 9.9% on the 2016 price, before the service charge of about AED 25,900 a year.
Sales and rents for T1-1603 over time
T1-1603 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in DEC Twin Towers 1, and where T1-1603 sits
All 80 2-beds →T1-1603 last sold in February 2016 at AED 816 per sqft, 6% below what two-beds in DEC Twin Towers 1 were fetching at the time (AED 872). Over the last 12 months two-beds sold for AED 2,095,000 to 2,250,000, around AED 1,502 per sqft, and rent for AED 65,000 to 180,000 a year. T1-1603's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 1,491 sqft | 2,095,000 | 1,405 | ||
| 7 Apr 20267 April 2026 | 1,491 sqft | 2,240,000 | 1,502 | ||
| 19 Jan 202619 January 2026 | 1,491 sqft | 2,250,000 | 1,509 | ||
| 2 Sep 20252 September 2025 | 1,491 sqft | 2,300,000 | 1,542 |
DEC Twin Towers 1
Building159 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%
Other units on the 16th floor
All 159 units in DEC Twin Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| T1-1601 | 1-bed | 823 sqft | AED 990KAED 990,000 · Jun 2024June 2024 | 78,000 /yr | |
| T1-1602 | 2-bed | 1,491 sqft | AED 840KAED 840,000 · Jul 2021July 2021 | 111,000 /yr | |
| T1-1604 | 1-bed | 823 sqft | AED 1.1MAED 1,100,000 · Nov 2025November 2025 | 79,000 /yr | |
| T1-1605 | 1-bed | 823 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 74,000 /yr | |
| T1-1606 | 2-bed | 1,491 sqft | AED 1.8MAED 1,800,000 · May 2025May 2025 | 88,000 /yr | |
| T1-1607 | 2-bed | 1,491 sqft | AED 1.6MAED 1,600,000 · Feb 2024February 2024 | 80,000 /yr | |
| T1-1608 | 1-bed | 823 sqft | AED 735KAED 734,700 · Dec 2012December 2012 | 45,600 /yr |
T1-1603, DEC Twin Towers 1 in numbers
- Sold once: by Dheeraj & East Coast on 18 February 2016 for AED 1,217,300, or AED 816 per sqft.
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 69,812 to AED 60,000 in 2021 and recovered to AED 120,000 by August 2024.
- At AED 120,000 a year the gross yield on the 2016 price is 9.9%, before a service charge of about AED 25,900 a year (AED 17.39 per sqft).
- Two-beds in DEC Twin Towers 1 sold for AED 2,095,000–2,250,000 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 2024.
Questions about T1-1603, DEC Twin Towers 1
What did unit T1-1603 last sell for?
AED 1,217,300 on 18 February 2016, sold by the developer: AED 816 per sqft for 1,491 sqft. It is the only registered sale of the unit.
What is the rent for unit T1-1603?
AED 120,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 120,000; the unit has been rented since October 2013.
How big is unit T1-1603?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2009.
What is unit T1-1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DEC Twin Towers 1 sold for AED 2,095,000 to 2,250,000 in the last 12 months, around AED 1,502 per sqft.
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Mortgage on T1-1603, DEC Twin Towers 1
Starts from the last sale price (AED 1.22M, 18 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,217,300
- Deposit, UAE resident (20%)
- AED 243,460
- Deposit, non-resident (40%)
- AED 486,920
- Monthly over 25 years at 3.7%
- AED 4,980
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →