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

P2-48, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P2-48 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 311K26 May 2016
Current rentAED 55K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P2-48, DEC Twin Towers 2

What is P2-48 worth today?

Last sold for AED 310,500 in 2016

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1 May 2026RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
5 May 2024RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
25 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
18 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
2 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
12 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
1 Feb 2019RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
26 May 2016SoldReady
AED 310,500AED 599 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-197
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 311K · May 2016
Building
DEC Twin Towers 2

About P2-48, DEC Twin Towers 2

P2-48 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. It last sold on 26 May 2016 for AED 310,500, or AED 599 per sqft, 55% below the AED 1,342 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 May 2026, is AED 55,000 a year: a gross yield of 17.7% on the 2016 price, before the service charge of about AED 9,000 a year.

Sales and rents for P2-48 over time

Sales
Unit P2-48, each saleTypical studio in DEC Twin Towers 2
500K2009201420192024Typical 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, November 2010: AED 210,540 (AED 406 per sqft)Sold, May 2016: AED 310,500 (AED 599 per sqft)

P2-48 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P2-48, 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 2014: AED 62,000 a yearNew contract, April 2015: AED 62,000 a yearNew contract, February 2019: AED 43,000 a yearNew contract, February 2020: AED 40,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, December 2021: AED 33,000 a yearNew contract, March 2023: AED 48,000 a yearNew contract, May 2024: AED 55,000 a yearNew contract, May 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 P2-48 sits

All 54 studios →

P2-48 last sold in May 2016 at AED 599 per sqft, 55% below what studios in DEC Twin Towers 2 were fetching at the time (AED 1,342). 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. P2-48'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 →

P2-48, DEC Twin Towers 2 in numbers

  • Sold twice: first on 28 November 2010 for AED 210,540, last on 26 May 2016 for AED 310,500 (AED 599 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 62,000 to AED 30,000 in 2020 and recovered to AED 55,000 by May 2026.
  • At AED 55,000 a year the gross yield on the 2016 price is 17.7%, 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 May 2026.

Questions about P2-48, DEC Twin Towers 2

What did unit P2-48 last sell for?

AED 310,500 on 26 May 2016: AED 599 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 210,540 in November 2010.

What is the rent for unit P2-48?

AED 55,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2024, was AED 55,000; the unit has been rented since March 2014.

How big is unit P2-48?

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

What is unit P2-48 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 P2-48, DEC Twin Towers 2

Starts from the last sale price (AED 311K, 26 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 310,500
Deposit, UAE resident (20%)
AED 62,100
Deposit, non-resident (40%)
AED 124,200
Monthly over 25 years at 3.7%
AED 1,270

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