1-bed · 749 sqftDEC Twin Towers 1, Dubai Marina · 3rd floor · completed 2009

T1-305, DEC Twin Towers 1

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-305 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 1.04M15 September 2023
Current rentAED 45K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-305, DEC Twin Towers 1

What is T1-305 worth today?

Last sold for AED 1,035,000 in 2023

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15 Sep 2023SoldReady
AED 1,035,000AED 1,381 per sqft
22 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
1 Jun 2020RentedNew contract
AED 49,000/yr12 months · AED 65 per sqft
7 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
1 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
28 May 2017RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
15 Dec 2014SoldReady
AED 730,000AED 974 per sqft
18 Aug 2014SoldReady
AED 640,562AED 855 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
3rd of 21
Parking
G-32
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 13,000 /yr
Last sold
AED 1.04M · September 2023

About T1-305, DEC Twin Towers 1

T1-305 is a one-bedroom apartment of 749 sqft on the 3rd 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 September 2023 for AED 1,035,000, or AED 1,381 per sqft, 50% above the AED 923 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 22 September 2021, is AED 45,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for T1-305 over time

Sales
Unit T1-305, 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, April 2014: AED 640,562 (AED 855 per sqft)Sold, August 2014: AED 640,562 (AED 855 per sqft)Sold, December 2014: AED 730,000 (AED 974 per sqft)Sold, September 2023: AED 1,035,000 (AED 1,381 per sqft)

T1-305 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-305, 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, December 2012: AED 53,500 a yearNew contract, May 2017: AED 75,000 a yearNew contract, August 2018: AED 60,000 a yearNew contract, February 2019: AED 55,000 a yearNew contract, June 2020: AED 49,000 a yearNew contract, September 2021: AED 45,000 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 T1-305 sits

All 79 1-beds →

T1-305 last sold in September 2023 at AED 1,381 per sqft, 50% above what one-beds in DEC Twin Towers 1 were fetching at the time (AED 923). 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. T1-305's AED 45,000 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 3rd floor

All 159 units in DEC Twin Towers 1
Value
T1-3011-bedAED 300K · Mar 2022
T1-3022-bedAED 1.13M · Mar 2023
T1-3032-bedAED 1.07M · Aug 2022
T1-3041-bedAED 970K · Nov 2024
T1-3062-bedAED 1.17M · Sep 2012
T1-3072-bedAED 1.17M · Sep 2012
T1-3081-bedAED 663K · Jun 2013

T1-305, DEC Twin Towers 1 in numbers

  • Sold 4 times: first on 9 April 2014 for AED 640,562, last on 15 September 2023 for AED 1,035,000 (AED 1,381 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 53,500 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 13,000 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 September 2023.

Questions about T1-305, DEC Twin Towers 1

What did unit T1-305 last sell for?

AED 1,035,000 on 15 September 2023: AED 1,381 per sqft for 749 sqft. The unit has 4 registered sales; the first was AED 640,562 in April 2014.

What is the rent for unit T1-305?

AED 45,000 a year on the contract signed on 22 September 2021. The previous contract, from June 2020, was AED 49,000; the unit has been rented since December 2012.

How big is unit T1-305?

749 sqft (69.6 sqm): a one-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2009.

What is unit T1-305 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 T1-305, DEC Twin Towers 1

Starts from the last sale price (AED 1.04M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,000
Deposit, UAE resident (20%)
AED 207,000
Deposit, non-resident (40%)
AED 414,000
Monthly over 25 years at 3.7%
AED 4,235

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