1-bed · 823 sqftDEC Twin Towers 2, Dubai Marina · 5th floor · completed 2009

T2-504, DEC Twin Towers 2

Sold prices and rental history: sold 4 times, last in December 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-504 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 468K5 December 2016
Current rentAED 42K /yr25 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-504, DEC Twin Towers 2

What is T2-504 worth today?

Last sold for AED 467,500 in 2016

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25 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
25 Jan 2020RentedNew contract
AED 47,500/yr12 months · AED 58 per sqft
5 Dec 2016SoldReady
AED 467,500AED 567 per sqft
22 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
22 Dec 2014SoldReady
AED 811,111AED 985 per sqft
18 Aug 2014SoldReady
AED 711,000AED 863 per sqft
13 Apr 2014RentedNew contract
AED 69,231/yr13 months · AED 84 per sqft
9 Apr 2014Sold by developerReady
AED 711,000AED 863 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
5th of 25
Parking
G-56
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 468K · December 2016

About T2-504, DEC Twin Towers 2

T2-504 is a one-bedroom apartment of 823 sqft on the 5th floor of DEC Twin Towers 2, a 25-storey tower in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 5 December 2016 for AED 467,500, or AED 567 per sqft, 46% below the AED 1,054 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 25 January 2021, is AED 42,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 14,300 a year.

Sales and rents for T2-504 over time

Sales
Unit T2-504, each saleTypical one-bed in DEC Twin Towers 2
500K1M2009201420192024Typical sale price by year: 2009 AED 701,520; 2010 AED 692,040; 2011 AED 644,640; 2012 AED 677,820; 2013 AED 706,260; 2014 AED 711,000; 2015 AED 915,500; 2016 AED 860,000; 2017 AED 890,000; 2019 AED 625,000; 2020 AED 530,000; 2021 AED 575,320; 2022 AED 750,000; 2023 AED 832,500; 2024 AED 910,000; 2025 AED 1,140,000; 2026 AED 1,055,000Sold by developer, April 2014: AED 711,000 (AED 863 per sqft)Sold, August 2014: AED 711,000 (AED 863 per sqft)Sold, December 2014: AED 811,111 (AED 985 per sqft)Sold, December 2016: AED 467,500 (AED 567 per sqft)

T2-504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit T2-504, each contractTypical one-bed in DEC Twin Towers 2
50K75K2012201620202024Typical rent by year: 2012 AED 53,750; 2013 AED 66,000; 2014 AED 76,500; 2015 AED 82,250; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 52,000; 2023 AED 60,750; 2024 AED 73,000; 2025 AED 75,850; 2026 AED 75,000New contract, April 2014: AED 69,231 a yearNew contract, June 2015: AED 90,000 a yearNew contract, January 2020: AED 47,500 a yearNew contract, January 2021: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in DEC Twin Towers 2, and where T2-504 sits

All 92 1-beds →

T2-504 last sold in December 2016 at AED 567 per sqft, 46% below what one-beds in DEC Twin Towers 2 were fetching at the time (AED 1,054). Over the last 12 months one-beds sold for AED 980,000 to 1,450,000, around AED 1,244 per sqft, and rent for AED 58,000 to 144,000 a year. T2-504's AED 42,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,100,000
9 Sep 2026980,000
22 May 20261,450,000
22 Apr 20261,010,000
7 1-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 5th floor

All 192 units in DEC Twin Towers 2
Value
T2-5011-bedAED 850K · Jan 2015
T2-5022-bedAED 1.66M · Dec 2025
T2-5032-bedAED 975K · Dec 2021
T2-5051-bedAED 850K · Nov 2023
T2-5062-bedAED 1.3M · Mar 2015
T2-5072-bedAED 1.4M · Jun 2015
T2-5081-bedAED 910K · Oct 2023

T2-504, DEC Twin Towers 2 in numbers

  • Sold 4 times: first on 9 April 2014 for AED 711,000, last on 5 December 2016 for AED 467,500 (AED 567 per sqft).
  • Rented since April 2014 on 4 Ejari contracts, from AED 69,231 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 14,300 a year (AED 17.39 per sqft).
  • One-beds in DEC Twin Towers 2 sold for AED 980,000–1,450,000 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 25 January 2021.

Questions about T2-504, DEC Twin Towers 2

What did unit T2-504 last sell for?

AED 467,500 on 5 December 2016: AED 567 per sqft for 823 sqft. The unit has 4 registered sales; the first was AED 711,000 in April 2014.

What is the rent for unit T2-504?

AED 42,000 a year on the contract signed on 25 January 2021. The previous contract, from January 2020, was AED 47,500; the unit has been rented since April 2014.

How big is unit T2-504?

823 sqft (76.5 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2009.

What is unit T2-504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DEC Twin Towers 2 sold for AED 980,000 to 1,450,000 in the last 12 months, around AED 1,244 per sqft.

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Mortgage on T2-504, DEC Twin Towers 2

Starts from the last sale price (AED 468K, 5 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 467,500
Deposit, UAE resident (20%)
AED 93,500
Deposit, non-resident (40%)
AED 187,000
Monthly over 25 years at 3.7%
AED 1,913

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