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2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 24th floor · completed 2009

T2-2402, DEC Twin Towers 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-2402 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 1.27M3 May 2023
Current rentAED 95K /yr1 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-2402, DEC Twin Towers 2

What is T2-2402 worth today?

Last sold for AED 1,265,000 in 2023

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3 May 2023SoldReady
AED 1,265,000AED 848 per sqft
3 Mar 2022SoldReady
AED 980,000AED 657 per sqft
1 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
28 Aug 2016RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
3 Apr 2013RentedNew contract
AED 107,166/yr10 months · AED 72 per sqft
3 Apr 2013RentedNew contract
AED 87,000/yr12 months · AED 58 per sqft
21 Jul 2009Sold by developerReady
AED 1,280,000AED 858 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
24th of 25
Parking
G-171
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.27M · May 2023
Building
DEC Twin Towers 2

About T2-2402, DEC Twin Towers 2

T2-2402 is a two-bedroom apartment of 1,491 sqft on the 24th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 3 May 2023 for AED 1,265,000, or AED 848 per sqft, in line with the AED 860 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 February 2018, is AED 95,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-2402 over time

Sales
Unit T2-2402, 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, July 2009: AED 1,280,000 (AED 858 per sqft)Sold, March 2022: AED 980,000 (AED 657 per sqft)Sold, May 2023: AED 1,265,000 (AED 848 per sqft)

T2-2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-2402, 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, April 2013: AED 107,166 a yearNew contract, April 2013: AED 87,000 a yearNew contract, August 2016: AED 115,000 a yearNew contract, February 2018: AED 95,000 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 T2-2402 sits

All 96 2-beds →

T2-2402 last sold in May 2023 at AED 848 per sqft, in line with what two-beds in DEC Twin Towers 2 were fetching at the time (AED 860). 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. T2-2402's AED 95,000 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 24th floor

All 192 units in DEC Twin Towers 2
Value
T2-24032-bedAED 1.22M · Mar 2010
T2-24062-bedAED 1.4M · Mar 2013
T2-24072-bedAED 2M · Nov 2014

T2-2402, DEC Twin Towers 2 in numbers

  • Sold 3 times: first on 21 July 2009 for AED 1,280,000, last on 3 May 2023 for AED 1,265,000 (AED 848 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 87,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 7.5%, 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 3 May 2023.

Questions about T2-2402, DEC Twin Towers 2

What did unit T2-2402 last sell for?

AED 1,265,000 on 3 May 2023: AED 848 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,280,000 in July 2009.

What is the rent for unit T2-2402?

AED 95,000 a year on the contract signed on 1 February 2018. The previous contract, from August 2016, was AED 115,000; the unit has been rented since April 2013.

How big is unit T2-2402?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2009.

What is unit T2-2402 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 T2-2402, DEC Twin Towers 2

Starts from the last sale price (AED 1.27M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,265,000
Deposit, UAE resident (20%)
AED 253,000
Deposit, non-resident (40%)
AED 506,000
Monthly over 25 years at 3.7%
AED 5,176

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