2-bed · 1,491 sqftDEC Twin Towers 1, Dubai Marina · 8th floor · completed 2009

T1-807, DEC Twin Towers 1

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T1-807 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 1.01M7 June 2022
Current rentAED 70K /yr28 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T1-807, DEC Twin Towers 1

What is T1-807 worth today?

Last sold for AED 1,010,000 in 2022

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7 Jun 2022SoldReady
AED 1,010,000AED 677 per sqft
28 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
28 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
28 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
28 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Dec 2016RentedRenewal
AED 106,154/yr13 months · AED 71 per sqft
1 Dec 2014RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
15 Jun 2011Sold by developerReady
AED 1,269,470AED 851 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
8th of 21
Parking
G-183
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.01M · June 2022

About T1-807, DEC Twin Towers 1

T1-807 is a two-bedroom apartment of 1,491 sqft on the 8th floor of DEC Twin Towers 1, a 21-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 7 June 2022 for AED 1,010,000, or AED 677 per sqft, 6% above the AED 637 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 28 July 2021, is AED 70,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 25,900 a year.

Sales and rents for T1-807 over time

Sales
Unit T1-807, 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, June 2011: AED 1,269,470 (AED 851 per sqft)Sold, June 2022: AED 1,010,000 (AED 677 per sqft)

T1-807 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit T1-807, each contractTypical two-bed in DEC Twin Towers 1
100K20112015201920232027Typical 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, December 2014: AED 135,000 a yearRenewal, December 2016: AED 106,154 a yearNew contract, July 2018: AED 85,000 a yearRenewal, July 2019: AED 80,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 70,000 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 T1-807 sits

All 80 2-beds →

T1-807 last sold in June 2022 at AED 677 per sqft, 6% above what two-beds in DEC Twin Towers 1 were fetching at the time (AED 637). 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. T1-807's AED 70,000 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 8th floor

All 159 units in DEC Twin Towers 1
Value
T1-8011-bedAED 770K · Oct 2022
T1-8022-bedAED 950K · Nov 2018
T1-8032-bedAED 1.3M · Dec 2009
T1-8041-bedAED 1.04M · Feb 2014
T1-8051-bedAED 1.08M · Sep 2014
T1-8062-bedAED 1.3M · Oct 2010
T1-8081-bedAED 697K · Feb 2013

T1-807, DEC Twin Towers 1 in numbers

  • Sold twice: first on 15 June 2011 for AED 1,269,470, last on 7 June 2022 for AED 1,010,000 (AED 677 per sqft).
  • Rented since December 2014 on 6 Ejari contracts, from AED 135,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 6.9%, 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 7 June 2022.

Questions about T1-807, DEC Twin Towers 1

What did unit T1-807 last sell for?

AED 1,010,000 on 7 June 2022: AED 677 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,269,470 in June 2011.

What is the rent for unit T1-807?

AED 70,000 a year on the contract renewed on 28 July 2021. The previous contract, from July 2020, was AED 70,000; the unit has been rented since December 2014.

How big is unit T1-807?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 8th floor of a 21-storey tower completed in 2009.

What is unit T1-807 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 T1-807, DEC Twin Towers 1

Starts from the last sale price (AED 1.01M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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