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

P3-51, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-51 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 685K26 April 2024
Current rentAED 36K /yr2 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P3-51, DEC Twin Towers 3 (Podium)

What is P3-51 worth today?

Last sold for AED 685,000 in 2024

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26 Apr 2024SoldReady
AED 685,000AED 1,323 per sqft
2 Dec 2021RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
1 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
1 Jun 2020RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
1 Jun 2019RentedNew contract
AED 44,500/yr12 months · AED 86 per sqft
1 May 2018RentedNew contract
AED 51,000/yr12 months · AED 99 per sqft
6 Apr 2014RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
21 Nov 2012Sold by developerReady
AED 465,740AED 899 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B-221
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 685K · April 2024
Building
DEC Twin Towers 3 (Podium)

About P3-51, DEC Twin Towers 3 (Podium)

P3-51 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 26 April 2024 for AED 685,000, or AED 1,323 per sqft, in line with the AED 1,333 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 2 December 2021, is AED 36,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for P3-51 over time

Sales
Unit P3-51, 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, November 2012: AED 465,740 (AED 899 per sqft)Sold, April 2024: AED 685,000 (AED 1,323 per sqft)

P3-51 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P3-51, 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, April 2014: AED 65,000 a yearNew contract, May 2018: AED 51,000 a yearNew contract, June 2019: AED 44,500 a yearRenewal, June 2020: AED 40,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, December 2021: AED 36,000 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 P3-51 sits

All 54 studios →

P3-51 last sold in April 2024 at AED 1,323 per sqft, in line with what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 1,333). 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. P3-51's AED 36,000 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 →

P3-51, DEC Twin Towers 3 (Podium) in numbers

  • Sold twice: first on 21 November 2012 for AED 465,740, last on 26 April 2024 for AED 685,000 (AED 1,323 per sqft).
  • Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2020 and recovered to AED 36,000 by December 2021.
  • At AED 36,000 a year the gross yield on the 2024 price is 5.3%, 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 26 April 2024.

Questions about P3-51, DEC Twin Towers 3 (Podium)

What did unit P3-51 last sell for?

AED 685,000 on 26 April 2024: AED 1,323 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 465,740 in November 2012.

What is the rent for unit P3-51?

AED 36,000 a year on the contract signed on 2 December 2021. The previous contract, from December 2020, was AED 30,000; the unit has been rented since April 2014.

How big is unit P3-51?

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

What is unit P3-51 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 P3-51, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 685K, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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