2-bed · 1,491 sqftDEC Twin Towers 1, Dubai Marina · 2nd floor · completed 2009

T1-202, DEC Twin Towers 1

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-202 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.17M23 September 2012
Current rentAED 83K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-202, DEC Twin Towers 1

What is T1-202 worth today?

Last sold for AED 1,173,825 in 2012

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1 Jun 2024RentedRenewal
AED 83,490/yr12 months · AED 56 per sqft
1 Jun 2024RentedRenewal
AED 83,490/yr12 months · AED 56 per sqft
1 Jun 2023RentedRenewal
AED 72,600/yr12 months · AED 49 per sqft
1 Jun 2022RentedRenewal
AED 60,500/yr12 months · AED 41 per sqft
1 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 37 per sqft
15 Jan 2019RentedNew contract
AED 70,000/yr12 months · AED 47 per sqft
13 Jul 2017RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
20 Jan 2017RentedNew contract
AED 102,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
2nd of 21
Parking
B-33-A
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.17M · September 2012

About T1-202, DEC Twin Towers 1

T1-202 is a two-bedroom apartment of 1,491 sqft on the 2nd 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 23 September 2012 for AED 1,173,825, or AED 787 per sqft, in line with the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 83,490 a year: a gross yield of 7.1% on the 2012 price, before the service charge of about AED 25,900 a year.

Sales and rents for T1-202 over time

Sales
Unit T1-202, each saleTypical two-bed in DEC Twin Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,299,903; 2010 AED 1,310,820; 2011 AED 1,256,428; 2012 AED 1,173,825; 2013 AED 1,304,250; 2014 AED 1,239,038; 2015 AED 1,243,385; 2016 AED 1,295,000; 2017 AED 1,435,000; 2018 AED 1,115,000; 2019 AED 1,010,000; 2020 AED 800,000; 2021 AED 870,000; 2022 AED 1,010,000; 2023 AED 1,300,000; 2024 AED 1,466,200; 2025 AED 1,900,000; 2026 AED 2,240,000Sold by developer, September 2012: AED 1,173,825 (AED 787 per sqft)

T1-202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit T1-202, each contractTypical two-bed in DEC Twin Towers 1
50K100K20112015201920232027Typical rent by year: 2011 AED 75,000; 2012 AED 74,000; 2013 AED 83,250; 2014 AED 100,000; 2015 AED 107,500; 2016 AED 106,577; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 89,000; 2024 AED 105,000; 2025 AED 115,000; 2026 AED 124,800New contract, June 2012: AED 65,000 a yearNew contract, October 2015: AED 105,000 a yearNew contract, December 2015: AED 105,000 a yearNew contract, January 2017: AED 102,000 a yearNew contract, July 2017: AED 85,000 a yearNew contract, January 2019: AED 70,000 a yearNew contract, June 2021: AED 55,000 a yearRenewal, June 2022: AED 60,500 a yearRenewal, June 2023: AED 72,600 a yearRenewal, June 2024: AED 83,490 a yearRenewal, June 2024: AED 83,490 a year

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 T1-202 sits

All 80 2-beds →

T1-202 last sold in September 2012 at AED 787 per sqft, in line with what two-beds in DEC Twin Towers 1 were fetching at the time (AED 787). 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. T1-202's AED 83,490 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Aug 20262,095,000
7 Apr 20262,240,000
19 Jan 20262,250,000
2 Sep 20252,300,000
3 2-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 2nd floor

All 159 units in DEC Twin Towers 1
Value
T1-2011-bedAED 350K · Aug 2015
T1-2032-bedAED 1.17M · Sep 2012
T1-2041-bedAED 375K · Aug 2015
T1-2051-bedAED 820K · Oct 2024
T1-2062-bedAED 1.17M · Sep 2012
T1-2072-bedAED 1.17M · Sep 2012
T1-2081-bedAED 1M · Jun 2015

T1-202, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 23 September 2012 for AED 1,173,825, or AED 787 per sqft.
  • Rented since June 2012 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 83,490 by June 2024.
  • At AED 83,490 a year the gross yield on the 2012 price is 7.1%, 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 June 2024.

Questions about T1-202, DEC Twin Towers 1

What did unit T1-202 last sell for?

AED 1,173,825 on 23 September 2012, sold by the developer: AED 787 per sqft for 1,491 sqft. It is the only registered sale of the unit.

What is the rent for unit T1-202?

AED 83,490 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 83,490; the unit has been rented since June 2012.

How big is unit T1-202?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2009.

What is unit T1-202 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 T1-202, DEC Twin Towers 1

Starts from the last sale price (AED 1.17M, 23 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,173,825
Deposit, UAE resident (20%)
AED 234,765
Deposit, non-resident (40%)
AED 469,530
Monthly over 25 years at 3.7%
AED 4,802

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