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2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 19th floor · completed 2009

T2-1902, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in December 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-1902 · DLD and Ejari recordsUpdated 29 December 2019
Last soldAED 860K29 December 2019
Current rentAED 85K /yr14 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-1902, DEC Twin Towers 2

What is T2-1902 worth today?

Last sold for AED 860,000 in 2019

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29 Dec 2019SoldReady
AED 860,000AED 576 per sqft
14 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
19 May 2015RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
17 Sep 2012Sold by developerReady
AED 1,234,690AED 828 per sqft

Source: Dubai Land Department. Updated 29 December 2019.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
19th of 25
Parking
B-132
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 860K · December 2019
Building
DEC Twin Towers 2

About T2-1902, DEC Twin Towers 2

T2-1902 is a two-bedroom apartment of 1,491 sqft on the 19th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 29 December 2019 for AED 860,000, or AED 576 per sqft, 15% below the AED 674 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 14 July 2018, is AED 85,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-1902 over time

Sales
Unit T2-1902, 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, September 2012: AED 1,234,690 (AED 828 per sqft)Sold, December 2019: AED 860,000 (AED 576 per sqft)

T2-1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-1902, each contractTypical two-bed in DEC Twin Towers 2
75K100K2012201620202024Typical 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, May 2015: AED 115,000 a yearNew contract, July 2018: AED 85,000 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 T2-1902 sits

All 96 2-beds →

T2-1902 last sold in December 2019 at AED 576 per sqft, 15% below what two-beds in DEC Twin Towers 2 were fetching at the time (AED 674). 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. T2-1902's AED 85,000 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 19th floor

All 192 units in DEC Twin Towers 2
Value
T2-19011-bedAED 1.05M · Mar 2016
T2-19032-bedAED 1.5M · Aug 2017
T2-19041-bedAED 332K · Feb 2012
T2-19051-bedAED 1.1M · Sep 2026
T2-19062-bedAED 1.3M · Jul 2022
T2-19072-bedAED 1.16M · Jun 2012
T2-19081-bedAED 980K · Jun 2022

T2-1902, DEC Twin Towers 2 in numbers

  • Sold twice: first on 17 September 2012 for AED 1,234,690, last on 29 December 2019 for AED 860,000 (AED 576 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 9.9%, 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 29 December 2019.

Questions about T2-1902, DEC Twin Towers 2

What did unit T2-1902 last sell for?

AED 860,000 on 29 December 2019: AED 576 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,234,690 in September 2012.

What is the rent for unit T2-1902?

AED 85,000 a year on the contract signed on 14 July 2018. The previous contract, from May 2015, was AED 115,000.

How big is unit T2-1902?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 19th floor of a 25-storey tower completed in 2009.

What is unit T2-1902 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 T2-1902, DEC Twin Towers 2

Starts from the last sale price (AED 860K, 29 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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