2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 15th floor · completed 2009

T2-1502, DEC Twin Towers 2

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1502 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.47M21 October 2024
Current rentAED 126K /yr6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-1502, DEC Twin Towers 2

What is T2-1502 worth today?

Last sold for AED 1,470,000 in 2024

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6 Nov 2024RentedNew contract
AED 126,000/yr12 months · AED 85 per sqft
6 Nov 2024RentedNew contract
AED 126,000/yr12 months · AED 85 per sqft
21 Oct 2024SoldReady
AED 1,470,000AED 986 per sqft
1 Jun 2023RentedRenewal
AED 82,800/yr12 months · AED 55 per sqft
1 Jun 2022RentedNew contract
AED 72,000/yr12 months · AED 48 per sqft
1 May 2021RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
20 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
12 Jan 2017RentedRenewal
AED 123,430/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
15th of 25
Parking
B-115
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.47M · October 2024

About T2-1502, DEC Twin Towers 2

T2-1502 is a two-bedroom apartment of 1,491 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 21 October 2024 for AED 1,470,000, or AED 986 per sqft, 5% below the AED 1,039 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 6 November 2024, is AED 126,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-1502 over time

Sales
Unit T2-1502, 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, June 2009: AED 1,050,000 (AED 704 per sqft)Sold by developer, June 2009: AED 1,199,910 (AED 804 per sqft)Sold, October 2024: AED 1,470,000 (AED 986 per sqft)

T2-1502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1502, 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, January 2013: AED 90,000 a yearRenewal, January 2014: AED 103,000 a yearRenewal, January 2015: AED 118,430 a yearRenewal, January 2016: AED 123,430 a yearRenewal, January 2017: AED 123,430 a yearNew contract, December 2019: AED 80,000 a yearNew contract, May 2021: AED 65,000 a yearNew contract, June 2022: AED 72,000 a yearRenewal, June 2023: AED 82,800 a yearNew contract, November 2024: AED 126,000 a yearNew contract, November 2024: AED 126,000 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 T2-1502 sits

All 96 2-beds →

T2-1502 last sold in October 2024 at AED 986 per sqft, 5% below what two-beds in DEC Twin Towers 2 were fetching at the time (AED 1,039). 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. T2-1502's AED 126,000 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 15th floor

All 192 units in DEC Twin Towers 2
Value
T2-15011-bedAED 850K · Apr 2023
T2-15032-bedAED 1.35M · Feb 2017
T2-15041-bedAED 711K · Mar 2022
T2-15051-bedAED 250K · Jun 2012
T2-15062-bedAED 1.3M · Jul 2018
T2-15072-bedAED 1.1M · Nov 2021
T2-15081-bedAED 692K · Dec 2010

T2-1502, DEC Twin Towers 2 in numbers

  • Sold 3 times: first on 29 June 2009 for AED 1,199,910, last on 21 October 2024 for AED 1,470,000 (AED 986 per sqft).
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2021 and recovered to AED 126,000 by November 2024.
  • At AED 126,000 a year the gross yield on the 2024 price is 8.6%, 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 6 November 2024.

Questions about T2-1502, DEC Twin Towers 2

What did unit T2-1502 last sell for?

AED 1,470,000 on 21 October 2024: AED 986 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,199,910 in June 2009.

What is the rent for unit T2-1502?

AED 126,000 a year on the contract signed on 6 November 2024. The previous contract, from November 2024, was AED 126,000; the unit has been rented since January 2013.

How big is unit T2-1502?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower completed in 2009.

What is unit T2-1502 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 T2-1502, DEC Twin Towers 2

Starts from the last sale price (AED 1.47M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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