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

T1-708, DEC Twin Towers 1

Sold prices and rental history: sold 5 times, last in November 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-708 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 1.03M19 November 2024
Current rentAED 43K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-708, DEC Twin Towers 1

What is T1-708 worth today?

Last sold for AED 1,030,000 in 2024

Unlock today's estimate, updated daily, with

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

19 Nov 2024SoldReady
AED 1,030,000AED 1,250 per sqft
1 Dec 2022RentedNew contract
AED 43,000/yr12 months · AED 52 per sqft
18 Aug 2015SoldReady
AED 967,500AED 1,174 per sqft
15 Dec 2014SoldReady
AED 811,111AED 985 per sqft
18 Aug 2014SoldReady
AED 696,780AED 846 per sqft
9 Apr 2014Sold by developerReady
AED 696,780AED 846 per sqft
10 Oct 2013RentedNew contract
AED 72,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
7th of 21
Parking
G-35
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 1.03M · November 2024

About T1-708, DEC Twin Towers 1

T1-708 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. It last sold on 19 November 2024 for AED 1,030,000, or AED 1,250 per sqft, 4% above the AED 1,202 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 December 2022, is AED 43,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for T1-708 over time

Sales
Unit T1-708, 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 696,780 (AED 846 per sqft)Sold, August 2014: AED 696,780 (AED 846 per sqft)Sold, December 2014: AED 811,111 (AED 985 per sqft)Sold, August 2015: AED 967,500 (AED 1,174 per sqft)Sold, November 2024: AED 1,030,000 (AED 1,250 per sqft)

T1-708 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T1-708, 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, October 2013: AED 72,000 a yearNew contract, December 2022: AED 43,000 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 T1-708 sits

All 79 1-beds →

T1-708 last sold in November 2024 at AED 1,250 per sqft, 4% above what one-beds in DEC Twin Towers 1 were fetching at the time (AED 1,202). 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. T1-708's AED 43,000 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 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
T1-7041-bedAED 664K · Dec 2013
T1-7062-bedAED 1.1M · Sep 2019
T1-7072-bedAED 1.8M · Aug 2024

T1-708, DEC Twin Towers 1 in numbers

  • Sold 5 times: first on 9 April 2014 for AED 696,780, last on 19 November 2024 for AED 1,030,000 (AED 1,250 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 72,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 4.2%, 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 19 November 2024.

Questions about T1-708, DEC Twin Towers 1

What did unit T1-708 last sell for?

AED 1,030,000 on 19 November 2024: AED 1,250 per sqft for 823 sqft. The unit has 5 registered sales; the first was AED 696,780 in April 2014.

What is the rent for unit T1-708?

AED 43,000 a year on the contract signed on 1 December 2022. The previous contract, from October 2013, was AED 72,000.

How big is unit T1-708?

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

What is unit T1-708 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 T1-708? 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 T1-708, DEC Twin Towers 1

Starts from the last sale price (AED 1.03M, 19 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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