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2-bed · 1,491 sqftDEC Twin Towers 2, Dubai Marina · 5th floor · completed 2009

T2-507, DEC Twin Towers 2

Sold prices and rental history: sold 4 times, last in June 2015, and rented once, from April 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-507 · DLD and Ejari recordsUpdated 15 April 2018
Last soldAED 1.4M8 June 2015
Current rentAED 60K /yr15 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T2-507, DEC Twin Towers 2

What is T2-507 worth today?

Last sold for AED 1,400,000 in 2015

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15 Apr 2018RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
8 Jun 2015SoldReady
AED 1,400,000AED 939 per sqft
23 Mar 2015SoldReady
AED 1,400,000AED 939 per sqft
18 Aug 2014SoldReady
AED 1,173,825AED 787 per sqft
9 Apr 2014Sold by developerReady
AED 1,173,825AED 787 per sqft

Source: Dubai Land Department. Updated 15 April 2018.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
5th of 25
Parking
G-178
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 25,900 /yr
Last sold
AED 1.4M · June 2015
Building
DEC Twin Towers 2

About T2-507, DEC Twin Towers 2

T2-507 is a two-bedroom apartment of 1,491 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 8 June 2015 for AED 1,400,000, or AED 939 per sqft, in line with the AED 939 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2018. The current contract, signed on 15 April 2018, is AED 60,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for T2-507 over time

Sales
Unit T2-507, 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, April 2014: AED 1,173,825 (AED 787 per sqft)Sold, August 2014: AED 1,173,825 (AED 787 per sqft)Sold, March 2015: AED 1,400,000 (AED 939 per sqft)Sold, June 2015: AED 1,400,000 (AED 939 per sqft)

T2-507 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit T2-507, 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 2018: AED 60,000 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 T2-507 sits

All 96 2-beds →

T2-507 last sold in June 2015 at AED 939 per sqft, in line with 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. T2-507's AED 60,000 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 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
T2-5041-bedAED 468K · Dec 2016
T2-5051-bedAED 850K · Nov 2023
T2-5062-bedAED 1.3M · Mar 2015
T2-5081-bedAED 910K · Oct 2023

T2-507, DEC Twin Towers 2 in numbers

  • Sold 4 times: first on 9 April 2014 for AED 1,173,825, last on 8 June 2015 for AED 1,400,000 (AED 939 per sqft).
  • Rented since April 2018 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 4.3%, 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 April 2018.

Questions about T2-507, DEC Twin Towers 2

What did unit T2-507 last sell for?

AED 1,400,000 on 8 June 2015: AED 939 per sqft for 1,491 sqft. The unit has 4 registered sales; the first was AED 1,173,825 in April 2014.

What is the rent for unit T2-507?

AED 60,000 a year on the contract signed on 15 April 2018.

How big is unit T2-507?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 5th floor of a 25-storey tower completed in 2009.

What is unit T2-507 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 T2-507, DEC Twin Towers 2

Starts from the last sale price (AED 1.4M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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