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

P2-55, DEC Twin Towers 2

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P2-55 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 600K13 July 2023
Current rentAED 39K /yr25 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P2-55, DEC Twin Towers 2

What is P2-55 worth today?

Last sold for AED 600,000 in 2023

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13 Jul 2023SoldReady
AED 600,000AED 1,158 per sqft
25 Aug 2022RentedRenewal
AED 39,000/yr12 months · AED 75 per sqft
25 Aug 2021RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
11 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
20 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
1 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
17 Oct 2018RentedNew contract
AED 41,000/yr12 months · AED 79 per sqft
1 Aug 2017RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
G-71
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 600K · July 2023
Building
DEC Twin Towers 2

About P2-55, DEC Twin Towers 2

P2-55 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 13 July 2023 for AED 600,000, or AED 1,158 per sqft, 12% above the AED 1,036 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 August 2022, is AED 39,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for P2-55 over time

Sales
Unit P2-55, 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 2010: AED 421,080 (AED 813 per sqft)Sold, December 2016: AED 670,000 (AED 1,294 per sqft)Sold, January 2017: AED 634,212 (AED 1,224 per sqft)Sold, July 2023: AED 600,000 (AED 1,158 per sqft)

P2-55 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit P2-55, 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, September 2013: AED 55,000 a yearNew contract, September 2014: AED 65,000 a yearNew contract, May 2015: AED 65,000 a yearNew contract, August 2017: AED 55,000 a yearNew contract, October 2018: AED 41,000 a yearNew contract, September 2019: AED 40,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, August 2021: AED 33,000 a yearRenewal, August 2022: AED 39,000 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 P2-55 sits

All 54 studios →

P2-55 last sold in July 2023 at AED 1,158 per sqft, 12% above what studios in DEC Twin Towers 2 were fetching at the time (AED 1,036). 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. P2-55's AED 39,000 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 →

P2-55, DEC Twin Towers 2 in numbers

  • Sold 4 times: first on 2 May 2010 for AED 421,080, last on 13 July 2023 for AED 600,000 (AED 1,158 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2020 and recovered to AED 39,000 by August 2022.
  • At AED 39,000 a year the gross yield on the 2023 price is 6.5%, 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 13 July 2023.

Questions about P2-55, DEC Twin Towers 2

What did unit P2-55 last sell for?

AED 600,000 on 13 July 2023: AED 1,158 per sqft for 518 sqft. The unit has 4 registered sales; the first was AED 421,080 in May 2010.

What is the rent for unit P2-55?

AED 39,000 a year on the contract renewed on 25 August 2022. The previous contract, from August 2021, was AED 33,000; the unit has been rented since September 2013.

How big is unit P2-55?

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

What is unit P2-55 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 P2-55, DEC Twin Towers 2

Starts from the last sale price (AED 600K, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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