2-bed · 1,491 sqftDEC Twin Towers 1, Dubai Marina · 6th floor · completed 2009

T1-603, DEC Twin Towers 1

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-603 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 510K27 July 2023
Current rentAED 67K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-603, DEC Twin Towers 1

What is T1-603 worth today?

Last sold for AED 510,000 in 2023

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27 Jul 2023SoldReady
AED 510,000AED 342 per sqft
24 Jun 2022RentedRenewal
AED 67,000/yr12 months · AED 45 per sqft
24 Jun 2021RentedNew contract
AED 58,000/yr12 months · AED 39 per sqft
28 Apr 2021SoldReady
AED 770,000AED 516 per sqft
23 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 57 per sqft
23 Apr 2019RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
23 Apr 2018RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
23 Apr 2017RentedRenewal
AED 125,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
6th of 21
Parking
B-53
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 510K · July 2023

About T1-603, DEC Twin Towers 1

T1-603 is a two-bedroom apartment of 1,491 sqft on the 6th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 27 July 2023 for AED 510,000, or AED 342 per sqft, 55% below the AED 754 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 24 June 2022, is AED 67,000 a year: a gross yield of 13.1% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for T1-603 over time

Sales
Unit T1-603, each saleTypical two-bed in DEC Twin Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,299,903; 2010 AED 1,310,820; 2011 AED 1,256,428; 2012 AED 1,173,825; 2013 AED 1,304,250; 2014 AED 1,239,038; 2015 AED 1,243,385; 2016 AED 1,295,000; 2017 AED 1,435,000; 2018 AED 1,115,000; 2019 AED 1,010,000; 2020 AED 800,000; 2021 AED 870,000; 2022 AED 1,010,000; 2023 AED 1,300,000; 2024 AED 1,466,200; 2025 AED 1,900,000; 2026 AED 2,240,000Sold by developer, December 2009: AED 1,304,250 (AED 874 per sqft)Sold, April 2021: AED 770,000 (AED 516 per sqft)Sold, July 2023: AED 510,000 (AED 342 per sqft)

T1-603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T1-603, each contractTypical two-bed in DEC Twin Towers 1
50K100K20112015201920232027Typical rent by year: 2011 AED 75,000; 2012 AED 74,000; 2013 AED 83,250; 2014 AED 100,000; 2015 AED 107,500; 2016 AED 106,577; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 89,000; 2024 AED 105,000; 2025 AED 115,000; 2026 AED 124,800New contract, February 2014: AED 125,000 a yearNew contract, April 2015: AED 135,000 a yearRenewal, April 2016: AED 135,000 a yearRenewal, April 2017: AED 125,000 a yearRenewal, April 2018: AED 120,000 a yearRenewal, April 2019: AED 100,000 a yearRenewal, April 2020: AED 85,000 a yearNew contract, June 2021: AED 58,000 a yearRenewal, June 2022: AED 67,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in DEC Twin Towers 1, and where T1-603 sits

All 80 2-beds →

T1-603 last sold in July 2023 at AED 342 per sqft, 55% below what two-beds in DEC Twin Towers 1 were fetching at the time (AED 754). Over the last 12 months two-beds sold for AED 2,095,000 to 2,250,000, around AED 1,502 per sqft, and rent for AED 65,000 to 180,000 a year. T1-603's AED 67,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Aug 20262,095,000
7 Apr 20262,240,000
19 Jan 20262,250,000
2 Sep 20252,300,000
3 2-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 6th floor

All 159 units in DEC Twin Towers 1
Value
T1-6011-bedAED 1.08M · Sep 2025
T1-6022-bedAED 1M · May 2022
T1-6041-bedAED 711K · Feb 2013
T1-6051-bedAED 1.2M · Feb 2025
T1-6062-bedAED 875K · Apr 2014
T1-6072-bedAED 1.29M · May 2009
T1-6081-bedAED 639K · Jun 2012

T1-603, DEC Twin Towers 1 in numbers

  • Sold 3 times: first on 30 December 2009 for AED 1,304,250, last on 27 July 2023 for AED 510,000 (AED 342 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 58,000 in 2021 and recovered to AED 67,000 by June 2022.
  • At AED 67,000 a year the gross yield on the 2023 price is 13.1%, before a service charge of about AED 25,900 a year (AED 17.39 per sqft).
  • Two-beds in DEC Twin Towers 1 sold for AED 2,095,000–2,250,000 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 27 July 2023.

Questions about T1-603, DEC Twin Towers 1

What did unit T1-603 last sell for?

AED 510,000 on 27 July 2023: AED 342 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,304,250 in December 2009.

What is the rent for unit T1-603?

AED 67,000 a year on the contract renewed on 24 June 2022. The previous contract, from June 2021, was AED 58,000; the unit has been rented since February 2014.

How big is unit T1-603?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2009.

What is unit T1-603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DEC Twin Towers 1 sold for AED 2,095,000 to 2,250,000 in the last 12 months, around AED 1,502 per sqft.

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Mortgage on T1-603, DEC Twin Towers 1

Starts from the last sale price (AED 510K, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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