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2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 14th floor · completed 2009

T2-1407, DEC Twin Towers 2

Sold prices and rental history: sold once, by the developer in October 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1407 · DLD and Ejari recordsUpdated 17 February 2017
Last soldAED 1.28M16 October 2011
Current rentAED 70K /yr17 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-1407, DEC Twin Towers 2

What is T2-1407 worth today?

Last sold for AED 1,278,165 in 2011

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17 Feb 2017RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
17 Feb 2016RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
16 Feb 2015RentedNew contract
AED 130,000/yr12 months · AED 87 per sqft
16 Oct 2011Sold by developerReady
AED 1,278,165AED 857 per sqft

Source: Dubai Land Department. Updated 17 February 2017.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
14th of 25
Parking
B-112
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.28M · October 2011
Building
DEC Twin Towers 2

About T2-1407, DEC Twin Towers 2

T2-1407 is a two-bedroom apartment of 1,491 sqft on the 14th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. The developer sold it on 16 October 2011 for AED 1,278,165, or AED 857 per sqft, 8% above the AED 793 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 17 February 2017, is AED 70,000 a year: a gross yield of 5.5% on the 2011 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-1407 over time

Sales
Unit T2-1407, 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, October 2011: AED 1,278,165 (AED 857 per sqft)

T2-1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1407, each contractTypical two-bed in DEC Twin Towers 2
100K2012201620202024Typical 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, February 2015: AED 130,000 a yearRenewal, February 2016: AED 70,000 a yearRenewal, February 2017: AED 70,000 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 T2-1407 sits

All 96 2-beds →

T2-1407 last sold in October 2011 at AED 857 per sqft, 8% above what two-beds in DEC Twin Towers 2 were fetching at the time (AED 793). 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. T2-1407's AED 70,000 is in the lower 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 14th floor

All 192 units in DEC Twin Towers 2
Value
T2-14011-bedAED 683K · Oct 2009
T2-14022-bedAED 1.37M · Jun 2023
T2-14032-bedAED 1.22M · Jan 2013
T2-14041-bedAED 1.13M · Dec 2025
T2-14051-bedAED 940K · Apr 2017
T2-14062-bedAED 1.33M · Jun 2009
T2-14081-bedAED 580K · Mar 2012

T2-1407, DEC Twin Towers 2 in numbers

  • Sold once: by Dheeraj & East Coast on 16 October 2011 for AED 1,278,165, or AED 857 per sqft.
  • Rented since February 2015 on 3 Ejari contracts, from AED 130,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2011 price is 5.5%, 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 17 February 2017.

Questions about T2-1407, DEC Twin Towers 2

What did unit T2-1407 last sell for?

AED 1,278,165 on 16 October 2011, sold by the developer: AED 857 per sqft for 1,491 sqft. It is the only registered sale of the unit.

What is the rent for unit T2-1407?

AED 70,000 a year on the contract renewed on 17 February 2017. The previous contract, from February 2016, was AED 70,000; the unit has been rented since February 2015.

How big is unit T2-1407?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 14th floor of a 25-storey tower completed in 2009.

What is unit T2-1407 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 T2-1407, DEC Twin Towers 2

Starts from the last sale price (AED 1.28M, 16 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,278,165
Deposit, UAE resident (20%)
AED 255,633
Deposit, non-resident (40%)
AED 511,266
Monthly over 25 years at 3.7%
AED 5,229

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