P2-23, DEC Twin Towers 2
Sold prices and rental history: sold 4 times, last in September 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P2-23, DEC Twin Towers 2
What is P2-23 worth today?
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Source: Dubai Land Department. Updated 2 September 2021.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Parking
- G-129
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 8,400 /yr
- Last sold
- AED 460K · September 2021
- Building
- DEC Twin Towers 2
About P2-23, DEC Twin Towers 2
P2-23 is a studio of 481 sqft of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 2 September 2021 for AED 460,000, or AED 956 per sqft, 39% above the AED 687 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 June 2021, is AED 39,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 8,400 a year.
Sales and rents for P2-23 over time
P2-23 has sold 4 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 P2-23 sits
All 54 studios →P2-23 last sold in September 2021 at AED 956 per sqft, 39% above what studios in DEC Twin Towers 2 were fetching at the time (AED 687). 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. P2-23's AED 39,000 is at the bottom 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%
P2-23, DEC Twin Towers 2 in numbers
- Sold 4 times: first on 18 February 2013 for AED 415,100, last on 2 September 2021 for AED 460,000 (AED 956 per sqft).
- Rented since February 2015 on 5 Ejari contracts, from AED 63,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 8,400 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 2 September 2021.
Questions about P2-23, DEC Twin Towers 2
What did unit P2-23 last sell for?
AED 460,000 on 2 September 2021: AED 956 per sqft for 481 sqft. The unit has 4 registered sales; the first was AED 415,100 in February 2013.
What is the rent for unit P2-23?
AED 39,000 a year on the contract renewed on 15 June 2021. The previous contract, from February 2021, was AED 37,200; the unit has been rented since February 2015.
How big is unit P2-23?
481 sqft (44.7 sqm): a studio of a 25-storey tower completed in 2009.
What is unit P2-23 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 P2-23, DEC Twin Towers 2
Starts from the last sale price (AED 460K, 2 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →