1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 5th floor · completed 2009

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.

Unit T1-501 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 687K30 September 2015
Current rentAED 63K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-501, DEC Twin Towers 1

What is T1-501 worth today?

Last sold for AED 687,300 in 2015

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15 Nov 2023RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
6 Sep 2023RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
18 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
18 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
18 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
1 Sep 2018RentedRenewal
AED 62,000/yr12 months · AED 75 per sqft
30 Sep 2015Sold by developerReady
AED 687,300AED 834 per sqft
1 Sep 2014RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft

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

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

Sales
Unit T1-501, 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, September 2015: AED 687,300 (AED 834 per sqft)

T1-501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-501, 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, September 2014: AED 65,000 a yearRenewal, September 2018: AED 62,000 a yearNew contract, November 2019: AED 48,000 a yearRenewal, November 2020: AED 40,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, September 2023: AED 45,000 a yearNew contract, November 2023: AED 63,000 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 T1-501 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 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 5th floor

All 159 units in DEC Twin Towers 1
Value
T1-5022-bedAED 2.1M · Apr 2025
T1-5032-bedAED 1.43M · Jul 2024
T1-5041-bedAED 850K · Jan 2015

T1-501, 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 →