Studio · 518 sqftDEC Twin Towers 2, Dubai Marina · completed 2009

P2-04, DEC Twin Towers 2

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

Unit P2-04 · DLD and Ejari recordsUpdated 5 November 2026
Last soldAED 475K1 July 2013
Current rentAED 55K /yr5 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P2-04, DEC Twin Towers 2

What is P2-04 worth today?

Last sold for AED 475,310 in 2013

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5 Nov 2026RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
15 May 2025RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
15 May 2024RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
15 May 2023RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
20 Oct 2021RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
3 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
1 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
21 Jan 2018RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 5 November 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-255
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 475K · July 2013

About P2-04, DEC Twin Towers 2

P2-04 is a studio of 518 sqft of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. The developer sold it on 1 July 2013 for AED 475,310, or AED 918 per sqft, in line with the AED 905 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 November 2026, is AED 55,000 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 9,000 a year.

Sales and rents for P2-04 over time

Sales
Unit P2-04, each saleTypical studio in DEC Twin Towers 2
500K750K2009201420192024Typical sale price by year: 2009 AED 437,030; 2010 AED 439,770; 2011 AED 478,500; 2012 AED 423,330; 2013 AED 477,655; 2014 AED 752,500; 2015 AED 730,000; 2016 AED 665,000; 2017 AED 650,000; 2019 AED 433,515; 2020 AED 393,000; 2021 AED 455,250; 2022 AED 520,000; 2023 AED 620,000; 2024 AED 720,000; 2025 AED 840,000Sold by developer, July 2013: AED 475,310 (AED 918 per sqft)

P2-04 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit P2-04, each contractTypical studio in DEC Twin Towers 2
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 45,150; 2014 AED 65,000; 2015 AED 63,000; 2016 AED 62,000; 2017 AED 59,095; 2018 AED 48,000; 2019 AED 42,750; 2020 AED 36,000; 2021 AED 33,000; 2022 AED 40,000; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 57,000; 2026 AED 55,000New contract, November 2013: AED 55,000 a yearNew contract, December 2016: AED 55,000 a yearNew contract, January 2018: AED 48,000 a yearNew contract, March 2020: AED 36,000 a yearNew contract, September 2020: AED 32,000 a yearNew contract, October 2021: AED 36,000 a yearNew contract, May 2023: AED 47,000 a yearRenewal, May 2024: AED 50,000 a yearRenewal, May 2025: AED 50,000 a yearNew contract, November 2026: AED 55,000 a year

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

Studios in DEC Twin Towers 2, and where P2-04 sits

All 54 studios →

P2-04 last sold in July 2013 at AED 918 per sqft, in line with what studios in DEC Twin Towers 2 were fetching at the time (AED 905). Over the last 12 months studios sold for AED 930,000 to 965,000, around AED 1,885 per sqft, and rent for AED 43,000 to 75,000 a year. P2-04's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Dec 2025930,000
27 Nov 2025965,000
27 Sep 2025800,000
5 Aug 2025840,000
2 studio sales in the last 12 months

DEC Twin Towers 2

Building

192 apartments, studios to 4-bed over 25 floors in Dubai Marina, completed in 2009 by Dheeraj & East Coast. 13 sold in the last 12 months.

Typical price per sqft
AED 1,244 Up 9.1%
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
7.1%
DEC Twin Towers 2, Dubai Marina: prices, sales and rents →

P2-04, DEC Twin Towers 2 in numbers

  • Sold once: by Dheeraj & East Coast on 1 July 2013 for AED 475,310, or AED 918 per sqft.
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2020 and recovered to AED 55,000 by November 2026.
  • At AED 55,000 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 9,000 a year (AED 17.39 per sqft).
  • Studios in DEC Twin Towers 2 sold for AED 930,000–965,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.

Source: Dubai Land Department. Updated 5 November 2026.

Questions about P2-04, DEC Twin Towers 2

What did unit P2-04 last sell for?

AED 475,310 on 1 July 2013, sold by the developer: AED 918 per sqft for 518 sqft. It is the only registered sale of the unit.

What is the rent for unit P2-04?

AED 55,000 a year on the contract signed on 5 November 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since November 2013.

How big is unit P2-04?

518 sqft (48.1 sqm): a studio of a 25-storey tower completed in 2009.

What is unit P2-04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DEC Twin Towers 2 sold for AED 930,000 to 965,000 in the last 12 months, around AED 1,885 per sqft.

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Mortgage on P2-04, DEC Twin Towers 2

Starts from the last sale price (AED 475K, 1 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 475,310
Deposit, UAE resident (20%)
AED 95,062
Deposit, non-resident (40%)
AED 190,124
Monthly over 25 years at 3.7%
AED 1,945

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