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Studio · 502 sqftDEC Twin Towers 2, Dubai Marina · completed 2009

P2-29, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P2-29 · DLD and Ejari recordsUpdated 25 February 2022
Last soldAED 530K25 February 2022
Current rentAED 30K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P2-29, DEC Twin Towers 2

What is P2-29 worth today?

Last sold for AED 530,000 in 2022

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25 Feb 2022SoldReady
AED 530,000AED 1,056 per sqft
15 Feb 2021RentedRenewal
AED 30,000/yr12 months · AED 60 per sqft
15 Feb 2020RentedNew contract
AED 35,000/yr12 months · AED 70 per sqft
15 Jul 2019RentedNew contract
AED 48,000/yr12 months · AED 96 per sqft
15 Jul 2018RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
20 Feb 2017RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
20 Mar 2014RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
26 Mar 2013RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 25 February 2022.

Key facts

Type
Studio apartment
Size
502 sqft
Parking
B-265
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,700 /yr
Last sold
AED 530K · February 2022
Building
DEC Twin Towers 2

About P2-29, DEC Twin Towers 2

P2-29 is a studio of 502 sqft of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 25 February 2022 for AED 530,000, or AED 1,056 per sqft, 5% above the AED 1,006 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 February 2021, is AED 30,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for P2-29 over time

Sales
Unit P2-29, 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, May 2009: AED 423,330 (AED 843 per sqft)Sold, February 2022: AED 530,000 (AED 1,056 per sqft)

P2-29 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P2-29, 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, March 2013: AED 42,000 a yearNew contract, March 2014: AED 65,000 a yearNew contract, February 2017: AED 60,000 a yearNew contract, July 2018: AED 48,000 a yearNew contract, July 2019: AED 48,000 a yearNew contract, February 2020: AED 35,000 a yearRenewal, February 2021: AED 30,000 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 P2-29 sits

All 54 studios →

P2-29 last sold in February 2022 at AED 1,056 per sqft, 5% above what studios in DEC Twin Towers 2 were fetching at the time (AED 1,006). 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. P2-29's AED 30,000 is at the bottom 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 →

P2-29, DEC Twin Towers 2 in numbers

  • Sold twice: first on 27 May 2009 for AED 423,330, last on 25 February 2022 for AED 530,000 (AED 1,056 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 42,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 8,700 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 25 February 2022.

Questions about P2-29, DEC Twin Towers 2

What did unit P2-29 last sell for?

AED 530,000 on 25 February 2022: AED 1,056 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 423,330 in May 2009.

What is the rent for unit P2-29?

AED 30,000 a year on the contract renewed on 15 February 2021. The previous contract, from February 2020, was AED 35,000; the unit has been rented since March 2013.

How big is unit P2-29?

502 sqft (46.6 sqm): a studio of a 25-storey tower completed in 2009.

What is unit P2-29 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 P2-29, DEC Twin Towers 2

Starts from the last sale price (AED 530K, 25 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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