P2-53, DEC Twin Towers 2
Sold prices and rental history: sold 5 times, last in November 2022, 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 P2-53, DEC Twin Towers 2
What is P2-53 worth today?
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Source: Dubai Land Department. Updated 26 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Parking
- G-69
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 9,000 /yr
- Last sold
- AED 500K · November 2022
- Building
- DEC Twin Towers 2
About P2-53, DEC Twin Towers 2
P2-53 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 2 November 2022 for AED 500,000, or AED 965 per sqft, 8% below the AED 1,046 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 26 October 2024, is AED 63,000 a year: a gross yield of 12.6% on the 2022 price, before the service charge of about AED 9,000 a year.
Sales and rents for P2-53 over time
P2-53 has sold 5 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 P2-53 sits
All 54 studios →P2-53 last sold in November 2022 at AED 965 per sqft, 8% below what studios in DEC Twin Towers 2 were fetching at the time (AED 1,046). 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. P2-53's AED 63,000 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%
P2-53, DEC Twin Towers 2 in numbers
- Sold 5 times: first on 27 January 2013 for AED 468,930, last on 2 November 2022 for AED 500,000 (AED 965 per sqft).
- Rented since January 2015 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 32,000 in 2020 and recovered to AED 63,000 by October 2024.
- At AED 63,000 a year the gross yield on the 2022 price is 12.6%, 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 26 October 2024.
Questions about P2-53, DEC Twin Towers 2
What did unit P2-53 last sell for?
AED 500,000 on 2 November 2022: AED 965 per sqft for 518 sqft. The unit has 5 registered sales; the first was AED 468,930 in January 2013.
What is the rent for unit P2-53?
AED 63,000 a year on the contract signed on 26 October 2024. The previous contract, from October 2024, was AED 63,000; the unit has been rented since January 2015.
How big is unit P2-53?
518 sqft (48.1 sqm): a studio of a 25-storey tower completed in 2009.
What is unit P2-53 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 P2-53, DEC Twin Towers 2
Starts from the last sale price (AED 500K, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →