1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 4th floor · completed 2009

T1-408, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-408 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.18M18 October 2024
Current rentAED 39K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-408, DEC Twin Towers 1

What is T1-408 worth today?

Last sold for AED 1,180,000 in 2024

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18 Oct 2024SoldReady
AED 1,180,000AED 1,433 per sqft
1 Jun 2024RentedNew contract
AED 39,000/yr12 months · AED 47 per sqft
1 Jun 2024RentedNew contract
AED 39,000/yr12 months · AED 47 per sqft
26 Sep 2023SoldReady
AED 772,000AED 937 per sqft
22 Aug 2022RentedRenewal
AED 54,000/yr12 months · AED 65 per sqft
22 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
3 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
15 Dec 2019RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
4th of 21
Parking
G-179
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 1.18M · October 2024

About T1-408, DEC Twin Towers 1

T1-408 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 18 October 2024 for AED 1,180,000, or AED 1,433 per sqft, 9% above the AED 1,311 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 June 2024, is AED 39,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-408 over time

Sales
Unit T1-408, each saleTypical one-bed in DEC Twin Towers 1
1M2009201420192024Typical 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, August 2010: AED 662,652 (AED 804 per sqft)Sold, September 2023: AED 772,000 (AED 937 per sqft)Sold, October 2024: AED 1,180,000 (AED 1,433 per sqft)

T1-408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-408, 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, July 2014: AED 75,000 a yearNew contract, July 2016: AED 75,000 a yearNew contract, October 2017: AED 72,000 a yearNew contract, November 2018: AED 68,000 a yearNew contract, December 2019: AED 52,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 54,000 a yearNew contract, June 2024: AED 39,000 a yearNew contract, June 2024: AED 39,000 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 T1-408 sits

All 79 1-beds →

T1-408 last sold in October 2024 at AED 1,433 per sqft, 9% above what one-beds in DEC Twin Towers 1 were fetching at the time (AED 1,311). 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. T1-408's AED 39,000 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 4th floor

All 159 units in DEC Twin Towers 1
Value
T1-4011-bedAED 650K · Aug 2022
T1-4022-bedAED 810K · Mar 2021
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

T1-408, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 30 August 2010 for AED 662,652, last on 18 October 2024 for AED 1,180,000 (AED 1,433 per sqft).
  • Rented since July 2014 on 10 Ejari contracts, from AED 75,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2024 price is 3.3%, 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 18 October 2024.

Questions about T1-408, DEC Twin Towers 1

What did unit T1-408 last sell for?

AED 1,180,000 on 18 October 2024: AED 1,433 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 662,652 in August 2010.

What is the rent for unit T1-408?

AED 39,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 39,000; the unit has been rented since July 2014.

How big is unit T1-408?

823 sqft (76.5 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2009.

What is unit T1-408 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 T1-408, DEC Twin Towers 1

Starts from the last sale price (AED 1.18M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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