P2-18, DEC Twin Towers 2
Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P2-18, DEC Twin Towers 2
What is P2-18 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Parking
- G-78
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 9,000 /yr
- Last sold
- AED 700K · July 2016
- Building
- DEC Twin Towers 2
About P2-18, DEC Twin Towers 2
P2-18 is a studio of 517 sqft of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 17 July 2016 for AED 700,000, or AED 1,354 per sqft, in line with the AED 1,332 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 65,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 9,000 a year.
Sales and rents for P2-18 over time
P2-18 has sold 3 times; the dashed line is the studio median of each year in the building.
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 P2-18 sits
All 54 studios →P2-18 last sold in July 2016 at AED 1,354 per sqft, in line with what studios in DEC Twin Towers 2 were fetching at the time (AED 1,332). 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. P2-18's AED 65,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 518 sqft | 930,000 | 1,796 | ||
| 27 Nov 202527 November 2025 | 489 sqft | 965,000 | 1,974 | ||
| 27 Sep 202527 September 2025 | 518 sqft | 800,000 | 1,545 | ||
| 5 Aug 20255 August 2025 | 502 sqft | 840,000 | 1,674 |
DEC Twin Towers 2
Building192 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%
P2-18, DEC Twin Towers 2 in numbers
- Sold 3 times: first on 18 February 2013 for AED 445,900, last on 17 July 2016 for AED 700,000 (AED 1,354 per sqft).
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2021 and recovered to AED 65,000 by August 2024.
- At AED 65,000 a year the gross yield on the 2016 price is 9.3%, 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 1 August 2024.
Questions about P2-18, DEC Twin Towers 2
What did unit P2-18 last sell for?
AED 700,000 on 17 July 2016: AED 1,354 per sqft for 517 sqft. The unit has 3 registered sales; the first was AED 445,900 in February 2013.
What is the rent for unit P2-18?
AED 65,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 38,640; the unit has been rented since June 2013.
How big is unit P2-18?
517 sqft (48.0 sqm): a studio of a 25-storey tower completed in 2009.
What is unit P2-18 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 P2-18, DEC Twin Towers 2
Starts from the last sale price (AED 700K, 17 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →