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

P3-14, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 4 times, last in July 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-14 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 547K18 July 2021
Current rentAED 40K /yr20 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-14, DEC Twin Towers 3 (Podium)

What is P3-14 worth today?

Last sold for AED 547,000 in 2021

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18 Jul 2021SoldReady
AED 547,000AED 1,056 per sqft
20 Jul 2016RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
20 Jul 2015RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
5 Apr 2014SoldReady
AED 650,000AED 1,255 per sqft
28 Dec 2013RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
12 May 2010SoldReady
AED 437,030AED 844 per sqft
28 Sep 2009Sold by developerReady
AED 437,030AED 844 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-121
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 547K · July 2021
Building
DEC Twin Towers 3 (Podium)

About P3-14, DEC Twin Towers 3 (Podium)

P3-14 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 18 July 2021 for AED 547,000, or AED 1,056 per sqft, 52% above the AED 695 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 20 July 2016, is AED 40,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-14 over time

Sales
Unit P3-14, 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, September 2009: AED 437,030 (AED 844 per sqft)Sold, May 2010: AED 437,030 (AED 844 per sqft)Sold, April 2014: AED 650,000 (AED 1,255 per sqft)Sold, July 2021: AED 547,000 (AED 1,056 per sqft)

P3-14 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-14, 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, December 2013: AED 45,000 a yearNew contract, July 2015: AED 45,000 a yearRenewal, July 2016: AED 40,000 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 P3-14 sits

All 54 studios →

P3-14 last sold in July 2021 at AED 1,056 per sqft, 52% above what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 695). 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. P3-14's AED 40,000 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 →

P3-14, DEC Twin Towers 3 (Podium) in numbers

  • Sold 4 times: first on 28 September 2009 for AED 437,030, last on 18 July 2021 for AED 547,000 (AED 1,056 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 7.3%, 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 18 July 2021.

Questions about P3-14, DEC Twin Towers 3 (Podium)

What did unit P3-14 last sell for?

AED 547,000 on 18 July 2021: AED 1,056 per sqft for 518 sqft. The unit has 4 registered sales; the first was AED 437,030 in September 2009.

What is the rent for unit P3-14?

AED 40,000 a year on the contract renewed on 20 July 2016. The previous contract, from July 2015, was AED 45,000; the unit has been rented since December 2013.

How big is unit P3-14?

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

What is unit P3-14 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 P3-14, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 547K, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

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