2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 12th floor · completed 2009

T2-1202, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1202 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.25M23 July 2024
Current rentAED 115K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1202, DEC Twin Towers 2

What is T2-1202 worth today?

Last sold for AED 1,250,000 in 2024

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15 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
15 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
23 Jul 2024SoldReady
AED 1,250,000AED 838 per sqft
17 Dec 2022RentedRenewal
AED 78,430/yr12 months · AED 53 per sqft
17 Dec 2021RentedRenewal
AED 68,200/yr12 months · AED 46 per sqft
17 Dec 2020RentedRenewal
AED 62,000/yr12 months · AED 42 per sqft
17 Dec 2019RentedNew contract
AED 68,000/yr12 months · AED 46 per sqft
14 Nov 2016RentedNew contract
AED 107,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
12th of 25
Parking
B-233
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.25M · July 2024

About T2-1202, DEC Twin Towers 2

T2-1202 is a two-bedroom apartment of 1,491 sqft on the 12th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 23 July 2024 for AED 1,250,000, or AED 838 per sqft, 18% below the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 November 2024, is AED 115,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-1202 over time

Sales
Unit T2-1202, each saleTypical two-bed in DEC Twin Towers 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,219,909; 2010 AED 1,225,995; 2011 AED 1,182,520; 2012 AED 1,173,825; 2013 AED 1,250,000; 2014 AED 1,476,575; 2015 AED 1,400,000; 2016 AED 1,352,668; 2017 AED 1,425,000; 2018 AED 1,235,000; 2019 AED 1,005,000; 2020 AED 795,000; 2021 AED 962,500; 2022 AED 1,300,000; 2023 AED 1,265,000; 2024 AED 1,550,000; 2025 AED 1,660,000Sold by developer, July 2013: AED 1,217,300 (AED 816 per sqft)Sold, July 2024: AED 1,250,000 (AED 838 per sqft)

T2-1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1202, each contractTypical two-bed in DEC Twin Towers 2
75K100K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 85,000; 2014 AED 113,850; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 78,000; 2020 AED 69,500; 2021 AED 68,200; 2022 AED 79,382; 2023 AED 89,000; 2024 AED 101,200; 2025 AED 110,000; 2026 AED 110,000New contract, June 2013: AED 72,000 a yearNew contract, June 2014: AED 83,536 a yearNew contract, June 2015: AED 100,000 a yearNew contract, November 2016: AED 107,000 a yearNew contract, December 2019: AED 68,000 a yearRenewal, December 2020: AED 62,000 a yearRenewal, December 2021: AED 68,200 a yearRenewal, December 2022: AED 78,430 a yearNew contract, November 2024: AED 115,000 a yearNew contract, November 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in DEC Twin Towers 2, and where T2-1202 sits

All 96 2-beds →

T2-1202 last sold in July 2024 at AED 838 per sqft, 18% below what two-beds in DEC Twin Towers 2 were fetching at the time (AED 1,023). Over the last 12 months two-beds sold for AED 1,400,000 to 2,000,001, around AED 1,083 per sqft, and rent for AED 50,000 to 180,000 a year. T2-1202's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,000,001
20 May 20261,400,000
30 Dec 20251,660,000
23 Dec 20251,570,000
4 2-bed 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 →

Other units on the 12th floor

All 192 units in DEC Twin Towers 2
Value
T2-12011-bedAED 1M · Oct 2016
T2-12032-bedAED 1.25M · Sep 2023
T2-12041-bedAED 1.01M · Apr 2026
T2-12051-bedAED 692K · Aug 2012
T2-12062-bedAED 1.05M · Mar 2021
T2-12072-bedAED 1.5M · Dec 2016
T2-12081-bedAED 830K · Jun 2023

T2-1202, DEC Twin Towers 2 in numbers

  • Sold twice: first on 28 July 2013 for AED 1,217,300, last on 23 July 2024 for AED 1,250,000 (AED 838 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 62,000 in 2020 and recovered to AED 115,000 by November 2024.
  • At AED 115,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 25,900 a year (AED 17.39 per sqft).
  • Two-beds in DEC Twin Towers 2 sold for AED 1,400,000–2,000,001 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 15 November 2024.

Questions about T2-1202, DEC Twin Towers 2

What did unit T2-1202 last sell for?

AED 1,250,000 on 23 July 2024: AED 838 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,217,300 in July 2013.

What is the rent for unit T2-1202?

AED 115,000 a year on the contract signed on 15 November 2024. The previous contract, from November 2024, was AED 115,000; the unit has been rented since June 2013.

How big is unit T2-1202?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2009.

What is unit T2-1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DEC Twin Towers 2 sold for AED 1,400,000 to 2,000,001 in the last 12 months, around AED 1,083 per sqft.

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Mortgage on T2-1202, DEC Twin Towers 2

Starts from the last sale price (AED 1.25M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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