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

P3-08, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-08 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 476K11 June 2009
Current rentAED 47K /yr22 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-08, DEC Twin Towers 3 (Podium)

What is P3-08 worth today?

Last sold for AED 476,450 in 2009

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22 Apr 2024RentedRenewal
AED 47,250/yr12 months · AED 91 per sqft
22 Apr 2023RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
10 Mar 2021RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
10 Mar 2020RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
10 Mar 2019RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
11 Oct 2015RentedNew contract
AED 62,663/yr12 months · AED 121 per sqft
23 Jun 2013RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
11 Jun 2009SoldReady
AED 476,450AED 920 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
G-122
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 476K · June 2009
Building
DEC Twin Towers 3 (Podium)

About P3-08, DEC Twin Towers 3 (Podium)

P3-08 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 11 June 2009 for AED 476,450, or AED 920 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 22 April 2024, is AED 47,250 a year: a gross yield of 9.9% on the 2009 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-08 over time

Sales
Unit P3-08, 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, June 2009: AED 476,450 (AED 920 per sqft)Sold by developer, June 2009: AED 437,030 (AED 844 per sqft)

P3-08 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P3-08, 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, June 2013: AED 50,000 a yearNew contract, October 2015: AED 62,663 a yearNew contract, March 2019: AED 43,000 a yearRenewal, March 2020: AED 32,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, April 2023: AED 45,000 a yearRenewal, April 2024: AED 47,250 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 P3-08 sits

All 54 studios →

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. P3-08's AED 47,250 is in the lower 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 →

P3-08, DEC Twin Towers 3 (Podium) in numbers

  • Sold twice: first on 9 June 2009 for AED 437,030, last on 11 June 2009 for AED 476,450 (AED 920 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 47,250 by April 2024.
  • At AED 47,250 a year the gross yield on the 2009 price is 9.9%, 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 22 April 2024.

Questions about P3-08, DEC Twin Towers 3 (Podium)

What did unit P3-08 last sell for?

AED 476,450 on 11 June 2009: AED 920 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 437,030 in June 2009.

What is the rent for unit P3-08?

AED 47,250 a year on the contract renewed on 22 April 2024. The previous contract, from April 2023, was AED 45,000; the unit has been rented since June 2013.

How big is unit P3-08?

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

What is unit P3-08 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 P3-08, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 476K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 476,450
Deposit, UAE resident (20%)
AED 95,290
Deposit, non-resident (40%)
AED 190,580
Monthly over 25 years at 3.7%
AED 1,949

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