
T1-501, DEC Twin Towers 1
Sold prices and rental history: sold once, by the developer in September 2015, 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 T1-501, DEC Twin Towers 1
What is T1-501 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 823 sqft
- Floor
- 5th of 21
- Parking
- B-80
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 687K · September 2015
- Building
- DEC Twin Towers 1
About T1-501, DEC Twin Towers 1
T1-501 is a one-bedroom apartment of 823 sqft on the 5th 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 30 September 2015 for AED 687,300, or AED 834 per sqft, 14% below the AED 974 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 November 2023, is AED 63,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 14,300 a year.
Sales and rents for T1-501 over time
T1-501 has sold once; 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 T1-501 sits
All 79 1-beds →T1-501 last sold in September 2015 at AED 834 per sqft, 14% below what one-beds in DEC Twin Towers 1 were fetching at the time (AED 974). 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. T1-501's AED 63,000 is in the lower half 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 5th floor
All 159 units in DEC Twin Towers 1T1-501, DEC Twin Towers 1 in numbers
- Sold once: by Dheeraj & East Coast on 30 September 2015 for AED 687,300, or AED 834 per sqft.
- Rented since September 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2020 and recovered to AED 63,000 by November 2023.
- At AED 63,000 a year the gross yield on the 2015 price is 9.2%, 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 15 November 2023.
Questions about T1-501, DEC Twin Towers 1
What did unit T1-501 last sell for?
AED 687,300 on 30 September 2015, sold by the developer: AED 834 per sqft for 823 sqft. It is the only registered sale of the unit.
What is the rent for unit T1-501?
AED 63,000 a year on the contract signed on 15 November 2023. The previous contract, from September 2023, was AED 45,000; the unit has been rented since September 2014.
How big is unit T1-501?
823 sqft (76.5 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2009.
What is unit T1-501 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 T1-501, DEC Twin Towers 1
Starts from the last sale price (AED 687K, 30 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 687,300
- Deposit, UAE resident (20%)
- AED 137,460
- Deposit, non-resident (40%)
- AED 274,920
- Monthly over 25 years at 3.7%
- AED 2,812
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →