1-bed · 823 sqftDEC Twin Towers 2, Dubai Marina · 7th floor · completed 2009

T2-704, DEC Twin Towers 2

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

Unit T2-704 · DLD and Ejari recordsUpdated 3 June 2023
Last soldAED 711K21 May 2013
Current rentAED 63K /yr3 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-704, DEC Twin Towers 2

What is T2-704 worth today?

Last sold for AED 711,000 in 2013

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3 Jun 2023RentedNew contract
AED 63,000/yr12 months · AED 76 per sqft
28 Sep 2021RentedNew contract
AED 41,000/yr12 months · AED 49 per sqft
1 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
1 Mar 2017RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
1 Mar 2016RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
1 Mar 2015RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
1 Mar 2014RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
21 May 2013Sold by developerReady
AED 711,000AED 863 per sqft

Source: Dubai Land Department. Updated 3 June 2023.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
7th of 25
Parking
B-193
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 711K · May 2013

About T2-704, DEC Twin Towers 2

T2-704 is a one-bedroom apartment of 823 sqft on the 7th 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 21 May 2013 for AED 711,000, or AED 863 per sqft, in line with the AED 845 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 3 June 2023, is AED 63,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for T2-704 over time

Sales
Unit T2-704, 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, May 2013: AED 711,000 (AED 863 per sqft)

T2-704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit T2-704, each contractTypical one-bed in DEC Twin Towers 2
40K60K80K2012201620202024Typical 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, March 2013: AED 52,000 a yearRenewal, March 2014: AED 55,000 a yearRenewal, March 2015: AED 55,000 a yearRenewal, March 2016: AED 55,000 a yearRenewal, March 2017: AED 55,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, September 2021: AED 41,000 a yearNew contract, June 2023: AED 63,000 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 T2-704 sits

All 92 1-beds →

T2-704 last sold in May 2013 at AED 863 per sqft, in line with what one-beds in DEC Twin Towers 2 were fetching at the time (AED 845). 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. T2-704's AED 63,000 is in the lower half 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 7th floor

All 192 units in DEC Twin Towers 2
Value
T2-7011-bedAED 1.09M · Nov 2025
T2-7022-bedAED 1.3M · Jun 2013
T2-7032-bedAED 1.3M · May 2019
T2-7051-bedAED 950K · Aug 2015
T2-7062-bedAED 1.25M · Oct 2018
T2-7072-bedAED 975K · Sep 2021
T2-7081-bedAED 500K · Nov 2020

T2-704, DEC Twin Towers 2 in numbers

  • Sold once: by Dheeraj & East Coast on 21 May 2013 for AED 711,000, or AED 863 per sqft.
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 41,000 in 2021 and recovered to AED 63,000 by June 2023.
  • At AED 63,000 a year the gross yield on the 2013 price is 8.9%, 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 3 June 2023.

Questions about T2-704, DEC Twin Towers 2

What did unit T2-704 last sell for?

AED 711,000 on 21 May 2013, sold by the developer: AED 863 per sqft for 823 sqft. It is the only registered sale of the unit.

What is the rent for unit T2-704?

AED 63,000 a year on the contract signed on 3 June 2023. The previous contract, from September 2021, was AED 41,000; the unit has been rented since March 2013.

How big is unit T2-704?

823 sqft (76.5 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2009.

What is unit T2-704 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 T2-704, DEC Twin Towers 2

Starts from the last sale price (AED 711K, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 711,000
Deposit, UAE resident (20%)
AED 142,200
Deposit, non-resident (40%)
AED 284,400
Monthly over 25 years at 3.7%
AED 2,909

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