T1-404, DEC Twin Towers 1
Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for T1-404, DEC Twin Towers 1
What is T1-404 worth today?
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Source: Dubai Land Department. Updated 9 June 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 823 sqft
- Floor
- 4th of 21
- Parking
- B-43
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 460K · June 2020
- Building
- DEC Twin Towers 1
About T1-404, DEC Twin Towers 1
T1-404 is a one-bedroom apartment of 823 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 9 June 2020 for AED 460,000, or AED 558 per sqft, 26% below the AED 749 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 February 2019, is AED 52,000 a year: a gross yield of 11.3% on the 2020 price, before the service charge of about AED 14,300 a year.
Sales and rents for T1-404 over time
T1-404 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 T1-404 sits
All 79 1-beds →T1-404 last sold in June 2020 at AED 558 per sqft, 26% below what one-beds in DEC Twin Towers 1 were fetching at the time (AED 749). 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. T1-404's AED 52,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 823 sqft | 1,000,000 | 1,214 | ||
| 10 Apr 202610 April 2026 | 823 sqft | 1,127,121 | 1,368 | ||
| 13 Nov 202513 November 2025 | 823 sqft | 1,100,000 | 1,335 | ||
| 25 Sep 202525 September 2025 | 749 sqft | 1,100,000 | 1,468 |
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 4th floor
All 159 units in DEC Twin Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| T1-401 | 1-bed | 823 sqft | AED 650KAED 650,000 · Aug 2022August 2022 | 59,839 /yr | |
| T1-402 | 2-bed | 1,491 sqft | AED 810KAED 810,000 · Mar 2021March 2021 | 50,000 /yr | |
| T1-403 | 2-bed | 1,491 sqft | AED 1.29MAED 1,290,000 · Apr 2024April 2024 | 80,000 /yr | |
| T1-405 | 1-bed | 749 sqft | AED 500KAED 500,000 · Mar 2023March 2023 | 95,000 /yr | |
| T1-406 | 2-bed | 1,491 sqft | AED 1.17MAED 1,173,825 · Sep 2012September 2012 | 90,260 /yr | |
| T1-407 | 2-bed | 1,491 sqft | AED 1.17MAED 1,173,825 · Sep 2012September 2012 | 104,939 /yr | |
| T1-408 | 1-bed | 823 sqft | AED 1.18MAED 1,180,000 · Oct 2024October 2024 | 39,000 /yr |
T1-404, DEC Twin Towers 1 in numbers
- Sold 3 times: first on 16 December 2013 for AED 706,260, last on 9 June 2020 for AED 460,000 (AED 558 per sqft).
- Rented since October 2014 on 4 Ejari contracts, from AED 55,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2020 price is 11.3%, 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 9 June 2020.
Questions about T1-404, DEC Twin Towers 1
What did unit T1-404 last sell for?
AED 460,000 on 9 June 2020: AED 558 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 706,260 in December 2013.
What is the rent for unit T1-404?
AED 52,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2018, was AED 62,000; the unit has been rented since October 2014.
How big is unit T1-404?
823 sqft (76.5 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2009.
What is unit T1-404 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 T1-404, DEC Twin Towers 1
Starts from the last sale price (AED 460K, 9 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →