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

T1-504, DEC Twin Towers 1

Sold prices and rental history: sold 4 times, last in January 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-504 · DLD and Ejari recordsUpdated 5 April 2021
Last soldAED 850K20 January 2015
Current rentAED 40K /yr5 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow T1-504

Property timeline for T1-504, DEC Twin Towers 1

What is T1-504 worth today?

Last sold for AED 850,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
9 May 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
10 Mar 2016RentedNew contract
AED 82,500/yr12 months · AED 100 per sqft
5 Feb 2015RentedNew contract
AED 82,500/yr12 months · AED 100 per sqft
20 Jan 2015SoldReady
AED 850,000AED 1,032 per sqft
22 Dec 2014SoldReady
AED 811,111AED 985 per sqft
18 Aug 2014SoldReady
AED 711,000AED 863 per sqft
9 Apr 2014Sold by developerReady
AED 711,000AED 863 per sqft

Source: Dubai Land Department. Updated 5 April 2021.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
5th of 21
Parking
G-33
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 850K · January 2015
Building
DEC Twin Towers 1

About T1-504, DEC Twin Towers 1

T1-504 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. It last sold on 20 January 2015 for AED 850,000, or AED 1,032 per sqft, 12% above the AED 925 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 5 April 2021, is AED 40,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-504 over time

Sales
Unit T1-504, 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, April 2014: AED 711,000 (AED 863 per sqft)Sold, August 2014: AED 711,000 (AED 863 per sqft)Sold, December 2014: AED 811,111 (AED 985 per sqft)Sold, January 2015: AED 850,000 (AED 1,032 per sqft)

T1-504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-504, 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, April 2014: AED 80,000 a yearNew contract, February 2015: AED 82,500 a yearNew contract, March 2016: AED 82,500 a yearNew contract, May 2019: AED 50,000 a yearNew contract, April 2021: AED 40,000 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 T1-504 sits

All 79 1-beds →

T1-504 last sold in January 2015 at AED 1,032 per sqft, 12% above what one-beds in DEC Twin Towers 1 were fetching at the time (AED 925). 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. T1-504's AED 40,000 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 5th floor

All 159 units in DEC Twin Towers 1
Value
T1-5011-bedAED 687K · Sep 2015
T1-5022-bedAED 2.1M · Apr 2025
T1-5032-bedAED 1.43M · Jul 2024

T1-504, DEC Twin Towers 1 in numbers

  • Sold 4 times: first on 9 April 2014 for AED 711,000, last on 20 January 2015 for AED 850,000 (AED 1,032 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 4.7%, 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 5 April 2021.

Questions about T1-504, DEC Twin Towers 1

What did unit T1-504 last sell for?

AED 850,000 on 20 January 2015: AED 1,032 per sqft for 823 sqft. The unit has 4 registered sales; the first was AED 711,000 in April 2014.

What is the rent for unit T1-504?

AED 40,000 a year on the contract signed on 5 April 2021. The previous contract, from May 2019, was AED 50,000; the unit has been rented since April 2014.

How big is unit T1-504?

823 sqft (76.5 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2009.

What is unit T1-504 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.

Selling T1-504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on T1-504, DEC Twin Towers 1

Starts from the last sale price (AED 850K, 20 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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