T2-1203, DEC Twin Towers 2
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for T2-1203, DEC Twin Towers 2
What is T2-1203 worth today?
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Source: Dubai Land Department. Updated 21 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 12th of 25
- Parking
- B-234
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.25M · September 2023
- Building
- DEC Twin Towers 2
About T2-1203, DEC Twin Towers 2
T2-1203 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 21 September 2023 for AED 1,250,000, or AED 838 per sqft, in line with the AED 860 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 17 August 2023, is AED 120,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for T2-1203 over time
T2-1203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 T2-1203 sits
All 96 2-beds →T2-1203 last sold in September 2023 at AED 838 per sqft, in line with what two-beds in DEC Twin Towers 2 were fetching at the time (AED 860). 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. T2-1203's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,491 sqft | 2,000,001 | 1,341 | ||
| 20 May 202620 May 2026 | 1,491 sqft | 1,400,000 | 939 | ||
| 30 Dec 202530 December 2025 | 1,491 sqft | 1,660,000 | 1,113 | ||
| 23 Dec 202523 December 2025 | 1,491 sqft | 1,570,000 | 1,053 |
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%
Other units on the 12th floor
All 192 units in DEC Twin Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| T2-1201 | 1-bed | 823 sqft | AED 1MAED 1,000,000 · Oct 2016October 2016 | 65,000 /yr | |
| T2-1202 | 2-bed | 1,491 sqft | AED 1.25MAED 1,250,000 · Jul 2024July 2024 | 115,000 /yr | |
| T2-1204 | 1-bed | 823 sqft | AED 1.01MAED 1,010,000 · Apr 2026April 2026 | 80,000 /yr | |
| T2-1205 | 1-bed | 823 sqft | AED 692KAED 692,040 · Aug 2012August 2012 | 69,575 /yr | |
| T2-1206 | 2-bed | 1,491 sqft | AED 1.05MAED 1,050,000 · Mar 2021March 2021 | 120,000 /yr | |
| T2-1207 | 2-bed | 1,491 sqft | AED 1.5MAED 1,500,000 · Dec 2016December 2016 | 150,000 /yr | |
| T2-1208 | 1-bed | 823 sqft | AED 830KAED 830,000 · Jun 2023June 2023 | 70,000 /yr |
T2-1203, DEC Twin Towers 2 in numbers
- Sold twice: first on 28 July 2013 for AED 1,217,300, last on 21 September 2023 for AED 1,250,000 (AED 838 per sqft).
- Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 120,000 by August 2023.
- At AED 120,000 a year the gross yield on the 2023 price is 9.6%, 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 21 September 2023.
Questions about T2-1203, DEC Twin Towers 2
What did unit T2-1203 last sell for?
AED 1,250,000 on 21 September 2023: 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 T2-1203?
AED 120,000 a year on the contract signed on 17 August 2023. The previous contract, from April 2022, was AED 70,000; the unit has been rented since January 2017.
How big is unit T2-1203?
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 T2-1203 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 T2-1203, DEC Twin Towers 2
Starts from the last sale price (AED 1.25M, 21 September 2023). 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 →