1-bed · 823 sqftDEC Twin Towers 1, Dubai Marina · 7th floor · completed 2009

T1-704, DEC Twin Towers 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-704 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 664K3 December 2013
Current rentAED 80K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-704, DEC Twin Towers 1

What is T1-704 worth today?

Last sold for AED 663,600 in 2013

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1 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
1 Feb 2024RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
1 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
1 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
5 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
1 Dec 2018RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
27 Jun 2014RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
7th of 21
Parking
B-45
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 664K · December 2013

About T1-704, DEC Twin Towers 1

T1-704 is a one-bedroom apartment of 823 sqft on the 7th 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 3 December 2013 for AED 663,600, or AED 805 per sqft, 9% below the AED 880 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 February 2025, is AED 80,000 a year: a gross yield of 12.1% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-704 over time

Sales
Unit T1-704, 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, December 2013: AED 663,600 (AED 805 per sqft)

T1-704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-704, 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, June 2014: AED 80,000 a yearNew contract, December 2018: AED 55,000 a yearNew contract, February 2020: AED 55,000 a yearNew contract, February 2021: AED 50,000 a yearRenewal, February 2022: AED 50,000 a yearNew contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 65,000 a yearNew contract, February 2025: AED 80,000 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 T1-704 sits

All 79 1-beds →

T1-704 last sold in December 2013 at AED 805 per sqft, 9% below what one-beds in DEC Twin Towers 1 were fetching at the time (AED 880). 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. T1-704's AED 80,000 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 7th floor

All 159 units in DEC Twin Towers 1
Value
T1-7011-bedAED 513K · Apr 2015
T1-7022-bedAED 870K · Oct 2020
T1-7032-bedAED 1.43M · Aug 2024
T1-7062-bedAED 1.1M · Sep 2019
T1-7072-bedAED 1.8M · Aug 2024
T1-7081-bedAED 1.03M · Nov 2024

T1-704, DEC Twin Towers 1 in numbers

  • Sold once: by Dheeraj & East Coast on 3 December 2013 for AED 663,600, or AED 805 per sqft.
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2022 and recovered to AED 80,000 by February 2025.
  • At AED 80,000 a year the gross yield on the 2013 price is 12.1%, 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 1 February 2025.

Questions about T1-704, DEC Twin Towers 1

What did unit T1-704 last sell for?

AED 663,600 on 3 December 2013, sold by the developer: AED 805 per sqft for 823 sqft. It is the only registered sale of the unit.

What is the rent for unit T1-704?

AED 80,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2024, was AED 65,000; the unit has been rented since June 2014.

How big is unit T1-704?

823 sqft (76.5 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2009.

What is unit T1-704 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 T1-704, DEC Twin Towers 1

Starts from the last sale price (AED 664K, 3 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 663,600
Deposit, UAE resident (20%)
AED 132,720
Deposit, non-resident (40%)
AED 265,440
Monthly over 25 years at 3.7%
AED 2,715

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