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

P3-45, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-45 · DLD and Ejari recordsUpdated 2 November 2024
Last soldAED 560K31 October 2023
Current rentAED 56K /yr2 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-45, DEC Twin Towers 3 (Podium)

What is P3-45 worth today?

Last sold for AED 560,337 in 2023

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2 Nov 2024RentedRenewal
AED 55,890/yr12 months · AED 108 per sqft
2 Nov 2023RentedNew contract
AED 48,600/yr12 months · AED 94 per sqft
31 Oct 2023SoldReady
AED 560,337AED 1,082 per sqft
2 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
10 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
15 Aug 2015RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
27 Oct 2014SoldReady
AED 790,000AED 1,525 per sqft
1 May 2014RentedNew contract
AED 55,385/yr13 months · AED 107 per sqft

Source: Dubai Land Department. Updated 2 November 2024.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-279
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 560K · October 2023
Building
DEC Twin Towers 3 (Podium)

About P3-45, DEC Twin Towers 3 (Podium)

P3-45 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 31 October 2023 for AED 560,337, or AED 1,082 per sqft, 7% below the AED 1,162 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 2 November 2024, is AED 55,890 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-45 over time

Sales
Unit P3-45, 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, October 2009: AED 437,030 (AED 844 per sqft)Sold, October 2013: AED 375,000 (AED 724 per sqft)Sold, October 2014: AED 790,000 (AED 1,525 per sqft)Sold, October 2023: AED 560,337 (AED 1,082 per sqft)

P3-45 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit P3-45, 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 55,385 a yearNew contract, August 2015: AED 65,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, November 2022: AED 45,000 a yearNew contract, November 2023: AED 48,600 a yearRenewal, November 2024: AED 55,890 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 P3-45 sits

All 54 studios →

P3-45 last sold in October 2023 at AED 1,082 per sqft, 7% below 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. P3-45's AED 55,890 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 →

P3-45, DEC Twin Towers 3 (Podium) in numbers

  • Sold 5 times: first on 28 September 2009 for AED 437,030, last on 31 October 2023 for AED 560,337 (AED 1,082 per sqft).
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 55,385 to AED 40,000 in 2021 and recovered to AED 55,890 by November 2024.
  • At AED 55,890 a year the gross yield on the 2023 price is 10.0%, 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 2 November 2024.

Questions about P3-45, DEC Twin Towers 3 (Podium)

What did unit P3-45 last sell for?

AED 560,337 on 31 October 2023: AED 1,082 per sqft for 518 sqft. The unit has 5 registered sales; the first was AED 437,030 in September 2009.

What is the rent for unit P3-45?

AED 55,890 a year on the contract renewed on 2 November 2024. The previous contract, from November 2023, was AED 48,600; the unit has been rented since May 2014.

How big is unit P3-45?

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

What is unit P3-45 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 P3-45, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 560K, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 560,337
Deposit, UAE resident (20%)
AED 112,067
Deposit, non-resident (40%)
AED 224,135
Monthly over 25 years at 3.7%
AED 2,293

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