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

T2-203, DEC Twin Towers 2

Sold prices and rental history: sold 4 times, last in November 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-203 · DLD and Ejari recordsUpdated 16 February 2016
Last soldAED 1.5M12 November 2015
Current rentAED 150K /yr16 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-203, DEC Twin Towers 2

What is T2-203 worth today?

Last sold for AED 1,500,000 in 2015

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16 Feb 2016RentedRenewal
AED 150,000/yr12 months · AED 100 per sqft
12 Nov 2015SoldReady
AED 1,500,000AED 1,006 per sqft
16 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
16 Feb 2014RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
1 Nov 2012RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
3 Jul 2011SoldReady
AED 500,000AED 335 per sqft
23 Jun 2009SoldReady
AED 1,000,000AED 670 per sqft
26 Apr 2009Sold by developerReady
AED 1,165,130AED 781 per sqft

Source: Dubai Land Department. Updated 16 February 2016.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
2nd of 25
Parking
B-152
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.5M · November 2015
Building
DEC Twin Towers 2

About T2-203, DEC Twin Towers 2

T2-203 is a two-bedroom apartment of 1,491 sqft on the 2nd floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 12 November 2015 for AED 1,500,000, or AED 1,006 per sqft, 7% above the AED 939 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 16 February 2016, is AED 150,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-203 over time

Sales
Unit T2-203, each saleTypical two-bed in DEC Twin Towers 2
1M2009201420192024Typical 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, April 2009: AED 1,165,130 (AED 781 per sqft)Sold, June 2009: AED 1,000,000 (AED 670 per sqft)Sold, July 2011: AED 500,000 (AED 335 per sqft)Sold, November 2015: AED 1,500,000 (AED 1,006 per sqft)

T2-203 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-203, each contractTypical two-bed in DEC Twin Towers 2
100K150K2012201620202024Typical 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, November 2012: AED 150,000 a yearNew contract, February 2014: AED 120,000 a yearNew contract, February 2015: AED 120,000 a yearRenewal, February 2016: AED 150,000 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 T2-203 sits

All 96 2-beds →

T2-203 last sold in November 2015 at AED 1,006 per sqft, 7% above what two-beds in DEC Twin Towers 2 were fetching at the time (AED 939). 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. T2-203's AED 150,000 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 2nd floor

All 192 units in DEC Twin Towers 2
Value
T2-2011-bedAED 1.03M · Feb 2015
T2-2022-bedAED 1.4M · Oct 2024
T2-2041-bedAED 640K · Aug 2010
T2-2051-bedAED 1.15M · Aug 2023
T2-2062-bedAED 1.17M · Feb 2013
T2-2072-bedAED 1.17M · Sep 2012
T2-2081-bedAED 600K · Oct 2019

T2-203, DEC Twin Towers 2 in numbers

  • Sold 4 times: first on 26 April 2009 for AED 1,165,130, last on 12 November 2015 for AED 1,500,000 (AED 1,006 per sqft).
  • Rented since November 2012 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2015 and recovered to AED 150,000 by February 2016.
  • At AED 150,000 a year the gross yield on the 2015 price is 10.0%, 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 16 February 2016.

Questions about T2-203, DEC Twin Towers 2

What did unit T2-203 last sell for?

AED 1,500,000 on 12 November 2015: AED 1,006 per sqft for 1,491 sqft. The unit has 4 registered sales; the first was AED 1,165,130 in April 2009.

What is the rent for unit T2-203?

AED 150,000 a year on the contract renewed on 16 February 2016. The previous contract, from February 2015, was AED 120,000; the unit has been rented since November 2012.

How big is unit T2-203?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2009.

What is unit T2-203 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 T2-203, DEC Twin Towers 2

Starts from the last sale price (AED 1.5M, 12 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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