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

T2-708, DEC Twin Towers 2

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T2-708 · DLD and Ejari recordsUpdated 29 November 2020
Last soldAED 500K29 November 2020
Current rentAED 63K /yr1 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T2-708, DEC Twin Towers 2

What is T2-708 worth today?

Last sold for AED 500,000 in 2020

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29 Nov 2020SoldReady
AED 500,000AED 607 per sqft
1 Feb 2016RentedRenewal
AED 63,000/yr12 months · AED 76 per sqft
1 Feb 2015RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
23 Mar 2014Sold by developerReady
AED 711,000AED 863 per sqft
1 Feb 2014RentedNew contract
AED 57,750/yr12 months · AED 70 per sqft
1 Feb 2013RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 29 November 2020.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
7th of 25
Parking
G-153
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 500K · November 2020

About T2-708, DEC Twin Towers 2

T2-708 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. It last sold on 29 November 2020 for AED 500,000, or AED 607 per sqft, in line with the AED 607 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 February 2016, is AED 63,000 a year: a gross yield of 12.6% on the 2020 price, before the service charge of about AED 14,300 a year.

Sales and rents for T2-708 over time

Sales
Unit T2-708, 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, March 2014: AED 711,000 (AED 863 per sqft)Sold, November 2020: AED 500,000 (AED 607 per sqft)

T2-708 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit T2-708, 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, February 2013: AED 55,000 a yearNew contract, February 2014: AED 57,750 a yearNew contract, February 2015: AED 60,000 a yearRenewal, February 2016: 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 T2-708 sits

All 92 1-beds →

T2-708 last sold in November 2020 at AED 607 per sqft, in line with what one-beds in DEC Twin Towers 2 were fetching at the time (AED 607). 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. T2-708'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
T2-7041-bedAED 711K · May 2013
T2-7051-bedAED 950K · Aug 2015
T2-7062-bedAED 1.25M · Oct 2018
T2-7072-bedAED 975K · Sep 2021

T2-708, DEC Twin Towers 2 in numbers

  • Sold twice: first on 23 March 2014 for AED 711,000, last on 29 November 2020 for AED 500,000 (AED 607 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 55,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2020 price is 12.6%, 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 29 November 2020.

Questions about T2-708, DEC Twin Towers 2

What did unit T2-708 last sell for?

AED 500,000 on 29 November 2020: AED 607 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 711,000 in March 2014.

What is the rent for unit T2-708?

AED 63,000 a year on the contract renewed on 1 February 2016. The previous contract, from February 2015, was AED 60,000; the unit has been rented since February 2013.

How big is unit T2-708?

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

What is unit T2-708 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 T2-708, DEC Twin Towers 2

Starts from the last sale price (AED 500K, 29 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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