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Studio · 692 sqftDEC Twin Towers 3 (Podium), Dubai Marina · completed 2009

P3-42, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-42 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 800K9 January 2014
Current rentAED 65K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-42, DEC Twin Towers 3 (Podium)

What is P3-42 worth today?

Last sold for AED 800,000 in 2014

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10 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
22 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
10 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
10 Apr 2014RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
9 Jan 2014SoldReady
AED 800,000AED 1,155 per sqft
21 Jun 2012SoldReady
AED 590,000AED 852 per sqft
30 Jun 2009Sold by developerReady
AED 631,220AED 912 per sqft

Source: Dubai Land Department. Updated 10 June 2022.

Key facts

Type
Studio apartment
Size
692 sqft
Parking
B-277
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 12,000 /yr
Last sold
AED 800K · January 2014
Building
DEC Twin Towers 3 (Podium)

About P3-42, DEC Twin Towers 3 (Podium)

P3-42 is a studio of 692 sqft of DEC Twin Towers 3 (Podium), in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 9 January 2014 for AED 800,000, or AED 1,155 per sqft, 11% above the AED 1,042 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 June 2022, is AED 65,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for P3-42 over time

Sales
Unit P3-42, 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, June 2009: AED 631,220 (AED 912 per sqft)Sold, June 2012: AED 590,000 (AED 852 per sqft)Sold, January 2014: AED 800,000 (AED 1,155 per sqft)

P3-42 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-42, 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, April 2014: AED 80,000 a yearNew contract, February 2019: AED 65,000 a yearNew contract, March 2020: AED 55,000 a yearNew contract, June 2022: AED 65,000 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 P3-42 sits

All 54 studios →

P3-42 last sold in January 2014 at AED 1,155 per sqft, 11% above what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 1,042). 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. P3-42's AED 65,000 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 →

P3-42, DEC Twin Towers 3 (Podium) in numbers

  • Sold 3 times: first on 30 June 2009 for AED 631,220, last on 9 January 2014 for AED 800,000 (AED 1,155 per sqft).
  • Rented since April 2014 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 65,000 by June 2022.
  • At AED 65,000 a year the gross yield on the 2014 price is 8.1%, before a service charge of about AED 12,000 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 10 June 2022.

Questions about P3-42, DEC Twin Towers 3 (Podium)

What did unit P3-42 last sell for?

AED 800,000 on 9 January 2014: AED 1,155 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 631,220 in June 2009.

What is the rent for unit P3-42?

AED 65,000 a year on the contract signed on 10 June 2022. The previous contract, from March 2020, was AED 55,000; the unit has been rented since April 2014.

How big is unit P3-42?

692 sqft (64.3 sqm): a studio of DEC Twin Towers 3 (Podium) completed in 2009.

What is unit P3-42 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 P3-42, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 800K, 9 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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