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

P3-07, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-07 · DLD and Ejari recordsUpdated 9 September 2021
Last soldAED 470K9 September 2021
Current rentAED 32K /yr4 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P3-07, DEC Twin Towers 3 (Podium)

What is P3-07 worth today?

Last sold for AED 470,000 in 2021

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9 Sep 2021SoldReady
AED 470,000AED 907 per sqft
4 Jul 2021RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
20 Sep 2020SoldReady
AED 325,000AED 627 per sqft
3 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
20 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
8 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 Oct 2014RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
23 Sep 2012RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 9 September 2021.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-57
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 470K · September 2021

About P3-07, DEC Twin Towers 3 (Podium)

P3-07 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 9 September 2021 for AED 470,000, or AED 907 per sqft, 4% above the AED 869 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 4 July 2021, is AED 32,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-07 over time

Sales
Unit P3-07, each saleTypical studio in DEC Twin Towers 3 (Podium)
250K500K750K2009201420192024Typical 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, June 2009: AED 437,030 (AED 844 per sqft)Sold, September 2020: AED 325,000 (AED 627 per sqft)Sold, September 2021: AED 470,000 (AED 907 per sqft)

P3-07 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-07, 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, September 2012: AED 35,000 a yearNew contract, October 2014: AED 60,000 a yearNew contract, September 2018: AED 45,000 a yearNew contract, October 2019: AED 38,000 a yearNew contract, July 2020: AED 32,000 a yearNew contract, July 2021: AED 32,000 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 P3-07 sits

All 54 studios →

P3-07 last sold in September 2021 at AED 907 per sqft, 4% above what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 869). 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. P3-07's AED 32,000 is at the bottom 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 →

P3-07, DEC Twin Towers 3 (Podium) in numbers

  • Sold 3 times: first on 22 June 2009 for AED 437,030, last on 9 September 2021 for AED 470,000 (AED 907 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 35,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2021 price is 6.8%, 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 9 September 2021.

Questions about P3-07, DEC Twin Towers 3 (Podium)

What did unit P3-07 last sell for?

AED 470,000 on 9 September 2021: AED 907 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 437,030 in June 2009.

What is the rent for unit P3-07?

AED 32,000 a year on the contract signed on 4 July 2021. The previous contract, from July 2020, was AED 32,000; the unit has been rented since September 2012.

How big is unit P3-07?

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

What is unit P3-07 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 P3-07, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 470K, 9 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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