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Studio · 518 sqftDEC Twin Towers 3 (Podium), Dubai Marina · completed 2009

P3-03, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 3 times, last in October 2020, and rented once, from May 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-03 · DLD and Ejari recordsUpdated 12 October 2020
Last soldAED 356K12 October 2020
Current rentAED 55K /yr14 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-03, DEC Twin Towers 3 (Podium)

What is P3-03 worth today?

Last sold for AED 356,400 in 2020

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12 Oct 2020SoldReady
AED 356,400AED 688 per sqft
14 May 2018RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
12 Dec 2016SoldReady
AED 650,000AED 1,255 per sqft
12 Aug 2009Sold by developerReady
AED 478,500AED 924 per sqft

Source: Dubai Land Department. Updated 12 October 2020.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
G-67
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 356K · October 2020
Building
DEC Twin Towers 3 (Podium)

About P3-03, DEC Twin Towers 3 (Podium)

P3-03 is a studio of 518 sqft of DEC Twin Towers 3 (Podium), in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 12 October 2020 for AED 356,400, or AED 688 per sqft, in line with the AED 687 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 May 2018. The current contract, signed on 14 May 2018, is AED 55,000 a year: a gross yield of 15.4% on the 2020 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-03 over time

Sales
Unit P3-03, each saleTypical studio in DEC Twin Towers 3 (Podium)
500K750K2009201420192024Typical sale price by year: 2009 AED 437,030; 2010 AED 432,245; 2011 AED 417,150; 2012 AED 449,700; 2013 AED 514,035; 2014 AED 650,000; 2015 AED 559,885; 2016 AED 655,000; 2017 AED 650,000; 2020 AED 355,700; 2021 AED 470,000; 2023 AED 590,000; 2024 AED 820,000; 2025 AED 800,000; 2026 AED 800,000Sold by developer, August 2009: AED 478,500 (AED 924 per sqft)Sold, December 2016: AED 650,000 (AED 1,255 per sqft)Sold, October 2020: AED 356,400 (AED 688 per sqft)

P3-03 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-03, each contractTypical studio in DEC Twin Towers 3 (Podium)
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 50,000; 2014 AED 60,000; 2015 AED 65,000; 2016 AED 64,000; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 42,250; 2023 AED 48,000; 2024 AED 57,945; 2025 AED 61,250; 2026 AED 60,000New contract, May 2018: AED 55,000 a year

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

Studios in DEC Twin Towers 3 (Podium), and where P3-03 sits

All 54 studios →

P3-03 last sold in October 2020 at AED 688 per sqft, in line with what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 687). Over the last 12 months studios sold for AED 26,394 to 1,050,000, around AED 1,492 per sqft, and rent for AED 34,800 to 75,000 a year. P3-03's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026708,000
21 Sep 2026750,000
4 Mar 2026800,000
2 Feb 2026800,000
6 studio sales in the last 12 months

DEC Twin Towers 3 (Podium)

Building

54 apartments, studios in Dubai Marina, completed in 2009 by Dheeraj & East Coast. 6 sold in the last 12 months.

Typical price per sqft
AED 1,492
Typical sale
AED 775K
Typical rent
AED 60K /yr
Typical yield
7.8%
DEC Twin Towers 3 (Podium), Dubai Marina: prices, sales and rents →

P3-03, DEC Twin Towers 3 (Podium) in numbers

  • Sold 3 times: first on 12 August 2009 for AED 478,500, last on 12 October 2020 for AED 356,400 (AED 688 per sqft).
  • Rented since May 2018 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 15.4%, before a service charge of about AED 9,000 a year (AED 17.39 per sqft).
  • Studios in DEC Twin Towers 3 (Podium) sold for AED 26,394–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,492 per sqft.

Source: Dubai Land Department. Updated 12 October 2020.

Questions about P3-03, DEC Twin Towers 3 (Podium)

What did unit P3-03 last sell for?

AED 356,400 on 12 October 2020: AED 688 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 478,500 in August 2009.

What is the rent for unit P3-03?

AED 55,000 a year on the contract signed on 14 May 2018.

How big is unit P3-03?

518 sqft (48.1 sqm): a studio of DEC Twin Towers 3 (Podium) completed in 2009.

What is unit P3-03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DEC Twin Towers 3 (Podium) sold for AED 26,394 to 1,050,000 in the last 12 months, around AED 1,492 per sqft.

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Mortgage on P3-03, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 356K, 12 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 356,400
Deposit, UAE resident (20%)
AED 71,280
Deposit, non-resident (40%)
AED 142,560
Monthly over 25 years at 3.7%
AED 1,458

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