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

P3-09, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-09 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1M28 April 2015
Current rentAED 85K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-09, DEC Twin Towers 3 (Podium)

What is P3-09 worth today?

Last sold for AED 1,000,000 in 2015

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25 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
29 Sep 2023RentedNew contract
AED 65,817/yr12 months · AED 127 per sqft
8 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
5 Dec 2021RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
25 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
17 May 2015RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
28 Apr 2015SoldReady
AED 1,000,000AED 1,931 per sqft
15 Apr 2015SoldReady
AED 680,000AED 1,313 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-254
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 1M · April 2015
Building
DEC Twin Towers 3 (Podium)

About P3-09, DEC Twin Towers 3 (Podium)

P3-09 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 28 April 2015 for AED 1,000,000, or AED 1,931 per sqft, 32% above the AED 1,458 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 25 November 2024, is AED 85,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-09 over time

Sales
Unit P3-09, each saleTypical studio in DEC Twin Towers 3 (Podium)
500K1M2009201420192024Typical 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, March 2013: AED 456,080 (AED 880 per sqft)Sold, April 2015: AED 1,000,000 (AED 1,931 per sqft)Sold, April 2015: AED 680,000 (AED 1,313 per sqft)

P3-09 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-09, each contractTypical studio in DEC Twin Towers 3 (Podium)
25K50K75K2012201620202024Typical 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 2015: AED 70,000 a yearNew contract, November 2018: AED 60,000 a yearNew contract, December 2021: AED 45,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, September 2023: AED 65,817 a yearNew contract, November 2024: AED 85,000 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 P3-09 sits

All 54 studios →

P3-09 last sold in April 2015 at AED 1,931 per sqft, 32% above what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 1,458). 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. P3-09's AED 85,000 is at the top 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 →

P3-09, DEC Twin Towers 3 (Podium) in numbers

  • Sold 3 times: first on 3 March 2013 for AED 456,080, last on 28 April 2015 for AED 1,000,000 (AED 1,931 per sqft).
  • Rented since May 2015 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 85,000 by November 2024.
  • At AED 85,000 a year the gross yield on the 2015 price is 8.5%, 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 25 November 2024.

Questions about P3-09, DEC Twin Towers 3 (Podium)

What did unit P3-09 last sell for?

AED 1,000,000 on 28 April 2015: AED 1,931 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 456,080 in March 2013.

What is the rent for unit P3-09?

AED 85,000 a year on the contract signed on 25 November 2024. The previous contract, from September 2023, was AED 65,817; the unit has been rented since May 2015.

How big is unit P3-09?

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

What is unit P3-09 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 P3-09, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 1M, 28 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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