T2-1501, DEC Twin Towers 2
Sold prices and rental history: sold twice, last in April 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for T2-1501, DEC Twin Towers 2
What is T2-1501 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 823 sqft
- Floor
- 15th of 25
- Parking
- B-114
- Developer
- Dheeraj & East Coast
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 850K · April 2023
- Building
- DEC Twin Towers 2
About T2-1501, DEC Twin Towers 2
T2-1501 is a one-bedroom apartment of 823 sqft on the 15th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 18 April 2023 for AED 850,000, or AED 1,032 per sqft, 13% above the AED 917 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 85,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for T2-1501 over time
T2-1501 has sold twice; the dashed line is the one-bed median of each year in the building.
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 T2-1501 sits
All 92 1-beds →T2-1501 last sold in April 2023 at AED 1,032 per sqft, 13% above what one-beds in DEC Twin Towers 2 were fetching at the time (AED 917). 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. T2-1501's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 823 sqft | 1,100,000 | 1,335 | ||
| 9 Sep 20269 September 2026 | 823 sqft | 980,000 | 1,190 | ||
| 22 May 202622 May 2026 | 1,168 sqft | 1,450,000 | 1,240 | ||
| 22 Apr 202622 April 2026 | 823 sqft | 1,010,000 | 1,226 |
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 15th floor
All 192 units in DEC Twin Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| T2-1502 | 2-bed | 1,491 sqft | AED 1.47MAED 1,470,000 · Oct 2024October 2024 | 126,000 /yr | |
| T2-1503 | 2-bed | 1,491 sqft | AED 1.35MAED 1,350,000 · Feb 2017February 2017 | 101,538 /yr | |
| T2-1504 | 1-bed | 823 sqft | AED 711KAED 711,215 · Mar 2022March 2022 | 35,000 /yr | |
| T2-1505 | 1-bed | 412 sqft | AED 250KAED 250,000 · Jun 2012June 2012 | 85,000 /yr | |
| T2-1506 | 2-bed | 1,491 sqft | AED 1.3MAED 1,304,250 · Jul 2018July 2018 | 110,000 /yr | |
| T2-1507 | 2-bed | 1,491 sqft | AED 1.1MAED 1,100,000 · Nov 2021November 2021 | 100,000 /yr | |
| T2-1508 | 1-bed | 823 sqft | AED 692KAED 692,040 · Dec 2010December 2010 | 42,500 /yr |
T2-1501, DEC Twin Towers 2 in numbers
- Sold twice: first on 3 January 2023 for AED 535,000, last on 18 April 2023 for AED 850,000 (AED 1,032 per sqft).
- Rented since May 2023 on 3 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 10.0%, 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 15 May 2024.
Questions about T2-1501, DEC Twin Towers 2
What did unit T2-1501 last sell for?
AED 850,000 on 18 April 2023: AED 1,032 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 535,000 in January 2023.
What is the rent for unit T2-1501?
AED 85,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2024, was AED 85,000; the unit has been rented since May 2023.
How big is unit T2-1501?
823 sqft (76.5 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2009.
What is unit T2-1501 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 T2-1501, DEC Twin Towers 2
Starts from the last sale price (AED 850K, 18 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →