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Studio · 481 sqftDEC Twin Towers 3 (Podium), Dubai Marina · completed 2009

P3-22, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 4 times, last in August 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-22 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 570K21 August 2023
Current rentAED 58K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-22, DEC Twin Towers 3 (Podium)

What is P3-22 worth today?

Last sold for AED 570,000 in 2023

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21 Aug 2023SoldReady
AED 570,000AED 1,184 per sqft
1 Jul 2022RentedRenewal
AED 57,600/yr12 months · AED 120 per sqft
1 Jul 2021RentedNew contract
AED 57,600/yr12 months · AED 120 per sqft
1 May 2014RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
6 May 2013SoldReady
AED 660,000AED 1,371 per sqft
13 Jun 2012SoldReady
AED 215,000AED 446 per sqft
8 May 2012Sold by developerReady
AED 406,205AED 844 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
Studio apartment
Size
481 sqft
Parking
B-218
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,400 /yr
Last sold
AED 570K · August 2023
Building
DEC Twin Towers 3 (Podium)

About P3-22, DEC Twin Towers 3 (Podium)

P3-22 is a studio of 481 sqft of DEC Twin Towers 3 (Podium), in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 21 August 2023 for AED 570,000, or AED 1,184 per sqft, in line with the AED 1,162 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 57,600 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for P3-22 over time

Sales
Unit P3-22, each saleTypical studio in DEC Twin Towers 3 (Podium)
500K2009201420192024Typical 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, May 2012: AED 406,205 (AED 844 per sqft)Sold, June 2012: AED 215,000 (AED 446 per sqft)Sold, May 2013: AED 660,000 (AED 1,371 per sqft)Sold, August 2023: AED 570,000 (AED 1,184 per sqft)

P3-22 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-22, 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 2014: AED 60,000 a yearNew contract, July 2021: AED 57,600 a yearRenewal, July 2022: AED 57,600 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 P3-22 sits

All 54 studios →

P3-22 last sold in August 2023 at AED 1,184 per sqft, in line with what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 1,162). 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. P3-22's AED 57,600 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 →

P3-22, DEC Twin Towers 3 (Podium) in numbers

  • Sold 4 times: first on 8 May 2012 for AED 406,205, last on 21 August 2023 for AED 570,000 (AED 1,184 per sqft).
  • Rented since May 2014 on 3 Ejari contracts, from AED 60,000 to AED 57,600 a year.
  • At AED 57,600 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 8,400 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 21 August 2023.

Questions about P3-22, DEC Twin Towers 3 (Podium)

What did unit P3-22 last sell for?

AED 570,000 on 21 August 2023: AED 1,184 per sqft for 481 sqft. The unit has 4 registered sales; the first was AED 406,205 in May 2012.

What is the rent for unit P3-22?

AED 57,600 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 57,600; the unit has been rented since May 2014.

How big is unit P3-22?

481 sqft (44.7 sqm): a studio of DEC Twin Towers 3 (Podium) completed in 2009.

What is unit P3-22 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 P3-22, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 570K, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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