1-bed · 823 sqftDEC Twin Towers 2, Dubai Marina · 13th floor · completed 2009

T2-1301, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in January 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1301 · DLD and Ejari recordsUpdated 19 February 2018
Last soldAED 1.01M5 January 2017
Current rentAED 75K /yr19 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1301, DEC Twin Towers 2

What is T2-1301 worth today?

Last sold for AED 1,010,000 in 2017

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19 Feb 2018RentedNew contract
AED 74,556/yr12 months · AED 90 per sqft
5 Jan 2017SoldReady
AED 1,010,000AED 1,226 per sqft
5 Feb 2015Sold by developerReady
AED 677,820AED 823 per sqft
21 Dec 2014RentedNew contract
AED 85,800/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 19 February 2018.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
13th of 25
Parking
B-134
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 1.01M · January 2017

About T2-1301, DEC Twin Towers 2

T2-1301 is a one-bedroom apartment of 823 sqft on the 13th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 5 January 2017 for AED 1,010,000, or AED 1,226 per sqft, 14% above the AED 1,073 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 19 February 2018, is AED 74,556 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for T2-1301 over time

Sales
Unit T2-1301, each saleTypical one-bed in DEC Twin Towers 2
500K1M2009201420192024Typical sale price by year: 2009 AED 701,520; 2010 AED 692,040; 2011 AED 644,640; 2012 AED 677,820; 2013 AED 706,260; 2014 AED 711,000; 2015 AED 915,500; 2016 AED 860,000; 2017 AED 890,000; 2019 AED 625,000; 2020 AED 530,000; 2021 AED 575,320; 2022 AED 750,000; 2023 AED 832,500; 2024 AED 910,000; 2025 AED 1,140,000; 2026 AED 1,055,000Sold by developer, February 2015: AED 677,820 (AED 823 per sqft)Sold, January 2017: AED 1,010,000 (AED 1,226 per sqft)

T2-1301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit T2-1301, each contractTypical one-bed in DEC Twin Towers 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 53,750; 2013 AED 66,000; 2014 AED 76,500; 2015 AED 82,250; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 52,000; 2023 AED 60,750; 2024 AED 73,000; 2025 AED 75,850; 2026 AED 75,000New contract, December 2014: AED 85,800 a yearNew contract, February 2018: AED 74,556 a year

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

1-beds in DEC Twin Towers 2, and where T2-1301 sits

All 92 1-beds →

T2-1301 last sold in January 2017 at AED 1,226 per sqft, 14% above what one-beds in DEC Twin Towers 2 were fetching at the time (AED 1,073). Over the last 12 months one-beds sold for AED 980,000 to 1,450,000, around AED 1,244 per sqft, and rent for AED 58,000 to 144,000 a year. T2-1301's AED 74,556 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,100,000
9 Sep 2026980,000
22 May 20261,450,000
22 Apr 20261,010,000
7 1-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 13th floor

All 192 units in DEC Twin Towers 2
Value
T2-13022-bedAED 2M · Nov 2023
T2-13032-bedAED 1.25M · Aug 2009
T2-13041-bedAED 800K · Sep 2023
T2-13051-bedAED 711K · Nov 2012
T2-13062-bedAED 940K · Nov 2021
T2-13072-bedAED 1.33M · Sep 2015
T2-13081-bedAED 720K · Jun 2010

T2-1301, DEC Twin Towers 2 in numbers

  • Sold twice: first on 5 February 2015 for AED 677,820, last on 5 January 2017 for AED 1,010,000 (AED 1,226 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 85,800 to AED 74,556 a year.
  • At AED 74,556 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 14,300 a year (AED 17.39 per sqft).
  • One-beds in DEC Twin Towers 2 sold for AED 980,000–1,450,000 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 19 February 2018.

Questions about T2-1301, DEC Twin Towers 2

What did unit T2-1301 last sell for?

AED 1,010,000 on 5 January 2017: AED 1,226 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 677,820 in February 2015.

What is the rent for unit T2-1301?

AED 74,556 a year on the contract signed on 19 February 2018. The previous contract, from December 2014, was AED 85,800.

How big is unit T2-1301?

823 sqft (76.5 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower completed in 2009.

What is unit T2-1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DEC Twin Towers 2 sold for AED 980,000 to 1,450,000 in the last 12 months, around AED 1,244 per sqft.

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Mortgage on T2-1301, DEC Twin Towers 2

Starts from the last sale price (AED 1.01M, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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