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2-bed · 1,491 sqftDEC Twin Towers 1, Dubai Marina · 4th floor · completed 2009

T1-402, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in March 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-402 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 810K16 March 2021
Current rentAED 50K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T1-402, DEC Twin Towers 1

What is T1-402 worth today?

Last sold for AED 810,000 in 2021

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1 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 34 per sqft
16 Mar 2021SoldReady
AED 810,000AED 543 per sqft
30 Mar 2014SoldReady
AED 1,490,000AED 999 per sqft
3 Jun 2013RentedNew contract
AED 77,000/yr12 months · AED 51 per sqft
26 Apr 2009Sold by developerReady
AED 1,165,130AED 781 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
4th of 21
Parking
B-41
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 810K · March 2021
Building
DEC Twin Towers 1

About T1-402, DEC Twin Towers 1

T1-402 is a two-bedroom apartment of 1,491 sqft on the 4th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 16 March 2021 for AED 810,000, or AED 543 per sqft, in line with the AED 543 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 April 2021, is AED 50,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 25,900 a year.

Sales and rents for T1-402 over time

Sales
Unit T1-402, 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, April 2009: AED 1,165,130 (AED 781 per sqft)Sold, March 2014: AED 1,490,000 (AED 999 per sqft)Sold, March 2021: AED 810,000 (AED 543 per sqft)

T1-402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T1-402, 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 2013: AED 77,000 a yearNew contract, April 2021: AED 50,000 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 T1-402 sits

All 80 2-beds →

T1-402 last sold in March 2021 at AED 543 per sqft, in line with what two-beds in DEC Twin Towers 1 were fetching at the time (AED 543). 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. T1-402's AED 50,000 is at the bottom 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 4th floor

All 159 units in DEC Twin Towers 1
Value
T1-4011-bedAED 650K · Aug 2022
T1-4032-bedAED 1.29M · Apr 2024
T1-4041-bedAED 460K · Jun 2020
T1-4051-bedAED 500K · Mar 2023
T1-4062-bedAED 1.17M · Sep 2012
T1-4072-bedAED 1.17M · Sep 2012
T1-4081-bedAED 1.18M · Oct 2024

T1-402, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,165,130, last on 16 March 2021 for AED 810,000 (AED 543 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 77,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 6.2%, 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 April 2021.

Questions about T1-402, DEC Twin Towers 1

What did unit T1-402 last sell for?

AED 810,000 on 16 March 2021: AED 543 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,165,130 in April 2009.

What is the rent for unit T1-402?

AED 50,000 a year on the contract signed on 1 April 2021. The previous contract, from June 2013, was AED 77,000.

How big is unit T1-402?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2009.

What is unit T1-402 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 T1-402, DEC Twin Towers 1

Starts from the last sale price (AED 810K, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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