Studio · 476 sqftDEC Twin Towers 3 (Podium), Dubai Marina · completed 2009

P3-52, DEC Twin Towers 3 (Podium)

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P3-52 · DLD and Ejari recordsUpdated 7 October 2020
Last soldAED 400K21 May 2012
Current rentAED 37K /yr7 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P3-52, DEC Twin Towers 3 (Podium)

What is P3-52 worth today?

Last sold for AED 400,000 in 2012

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7 Oct 2020RentedRenewal
AED 37,000/yr12 months · AED 72 per sqft
7 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
2 Aug 2017RentedNew contract
AED 57,000/yr12 months · AED 110 per sqft
10 Jun 2016RentedRenewal
AED 65,000/yr12 months · AED 126 per sqft
10 Jun 2015RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
10 Jun 2014RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
21 May 2012SoldReady
AED 400,000AED 839 per sqft
12 Aug 2009Sold by developerReady
AED 437,030AED 844 per sqft

Source: Dubai Land Department. Updated 7 October 2020.

Key facts

Type
Studio apartment
Size
476 sqft
Parking
B-291
Developer
Dheeraj & East Coast
Completed
2009
Service charge
AED 8,300 /yr
Last sold
AED 400K · May 2012

About P3-52, DEC Twin Towers 3 (Podium)

P3-52 is a studio of 476 sqft of DEC Twin Towers 3 (Podium), in Dubai Marina completed in 2009 by Dheeraj & East Coast. It last sold on 21 May 2012 for AED 400,000, or AED 839 per sqft, in line with the AED 841 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 7 October 2020, is AED 37,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 8,300 a year.

Sales and rents for P3-52 over time

Sales
Unit P3-52, 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, August 2009: AED 437,030 (AED 844 per sqft)Sold, May 2012: AED 400,000 (AED 839 per sqft)

P3-52 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P3-52, 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, June 2014: AED 65,000 a yearNew contract, June 2015: AED 65,000 a yearRenewal, June 2016: AED 65,000 a yearNew contract, August 2017: AED 57,000 a yearNew contract, October 2019: AED 40,000 a yearRenewal, October 2020: AED 37,000 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 P3-52 sits

All 54 studios →

P3-52 last sold in May 2012 at AED 839 per sqft, in line with what studios in DEC Twin Towers 3 (Podium) were fetching at the time (AED 841). 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. P3-52's AED 37,000 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 →

P3-52, DEC Twin Towers 3 (Podium) in numbers

  • Sold twice: first on 12 August 2009 for AED 437,030, last on 21 May 2012 for AED 400,000 (AED 839 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 65,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 8,300 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 7 October 2020.

Questions about P3-52, DEC Twin Towers 3 (Podium)

What did unit P3-52 last sell for?

AED 400,000 on 21 May 2012: AED 839 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 437,030 in August 2009.

What is the rent for unit P3-52?

AED 37,000 a year on the contract renewed on 7 October 2020. The previous contract, from October 2019, was AED 40,000; the unit has been rented since June 2014.

How big is unit P3-52?

476 sqft (44.2 sqm): a studio of DEC Twin Towers 3 (Podium) completed in 2009.

What is unit P3-52 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 P3-52, DEC Twin Towers 3 (Podium)

Starts from the last sale price (AED 400K, 21 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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