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

T2-2403, DEC Twin Towers 2

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-2403 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.22M24 March 2010
Current rentAED 135K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-2403, DEC Twin Towers 2

What is T2-2403 worth today?

Last sold for AED 1,217,300 in 2010

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15 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
15 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
12 Oct 2023RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
1 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
20 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
5 Feb 2018RentedNew contract
AED 87,500/yr12 months · AED 58 per sqft
9 Jul 2016RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
9 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
24th of 25
Parking
B-171
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.22M · March 2010
Building
DEC Twin Towers 2

About T2-2403, DEC Twin Towers 2

T2-2403 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. The developer sold it on 24 March 2010 for AED 1,217,300, or AED 816 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 October 2024, is AED 135,000 a year: a gross yield of 11.1% on the 2010 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-2403 over time

Sales
Unit T2-2403, 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, March 2010: AED 1,217,300 (AED 816 per sqft)

T2-2403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-2403, 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, July 2013: AED 80,000 a yearNew contract, July 2014: AED 95,487 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearNew contract, February 2018: AED 87,500 a yearNew contract, October 2019: AED 75,000 a yearNew contract, January 2022: AED 85,000 a yearNew contract, October 2023: AED 125,000 a yearNew contract, October 2024: AED 135,000 a yearNew contract, October 2024: AED 135,000 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 T2-2403 sits

All 96 2-beds →

T2-2403 last sold in March 2010 at AED 816 per sqft, in line with what two-beds in DEC Twin Towers 2 were fetching at the time (AED 820). 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. T2-2403's AED 135,000 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 24th floor

All 192 units in DEC Twin Towers 2
Value
T2-24022-bedAED 1.27M · May 2023
T2-24062-bedAED 1.4M · Mar 2013
T2-24072-bedAED 2M · Nov 2014

T2-2403, DEC Twin Towers 2 in numbers

  • Sold once: by Dheeraj & East Coast on 24 March 2010 for AED 1,217,300, or AED 816 per sqft.
  • Rented since July 2013 on 10 Ejari contracts, from AED 80,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2010 price is 11.1%, 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 15 October 2024.

Questions about T2-2403, DEC Twin Towers 2

What did unit T2-2403 last sell for?

AED 1,217,300 on 24 March 2010, sold by the developer: AED 816 per sqft for 1,491 sqft. It is the only registered sale of the unit.

What is the rent for unit T2-2403?

AED 135,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2024, was AED 135,000; the unit has been rented since July 2013.

How big is unit T2-2403?

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 T2-2403 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 T2-2403, DEC Twin Towers 2

Starts from the last sale price (AED 1.22M, 24 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,300
Deposit, UAE resident (20%)
AED 243,460
Deposit, non-resident (40%)
AED 486,920
Monthly over 25 years at 3.7%
AED 4,980

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