DEC Towers
✓ Resale Available

DEC Towers

From AED 2.19M·Completed Dec 2009·Developer payment plan available Payment
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AED 2.19M
Starting Price
Dec 2009
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

DEC Towers are two towers of 21 and 26 storeys, connected by a five-storey podium. The development is a stone's throw away from Marina Walk and the marina. These snow-white towers are built by Dheeraj & East Coast. DEC Towers offers studios and 1-3 bedroom apartments in a variety of layouts. Each residence is finished in pastel colours and the entire interior is understated and undecorated. Only quality, natural materials were used. On the ground floor there are 12 commercial premises. The complex offers its residents a swimming pool, fitness club, tennis court, squash court, outdoor running tracks, billiard room, security and video surveillance in public areas, lobby, central air conditioning and maintenance services. There are a number of lifts at DEC Towers. There are also service lifts for the transport of goods. Pets are allowed at DEC Towers. The complex is within walking distance of the seafront, where residents can find various restaurants and coffee shops. From DEC Towers, it is approximately 20 minutes' drive to Dubai Mall, 12 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 12 minutes to The Walk JBR. Dubai International Airport is approximately 29 minutes‘ drive away and Al Maktoum International Airport is approximately 31 minutes’ drive away.

Project Specifications
DeveloperDheeraj & East Coast
LocationDubai Marina
Unit Types2 BR, Apartments
AreaDubai Marina
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 94,714 / year
Cash-on-Cash
1.8%
Levered cashflow AED 22,279
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 142,675 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DEC Towers launch basis2,439AED 2.19MCurrent launch / asking basis
Dubai Marina ready-stock comps2,100AED 1.89MIndicative resale benchmark
Dubai Marina premium peer launches2,550AED 2.29MNew-launch peer set
Trophy alternative proxy3,200AED 2.88MHigher-end anchor for negotiation context

Gallery

DEC Towers — View 2
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DEC Towers official render 1

DEC Towers official render 1

DEC Towers official render 2

DEC Towers official render 2

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DEC Towers official render 3

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DEC Towers official render 4

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DEC Towers official render 5

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DEC Towers official render 7

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DEC Towers official render 8

DEC Towers official render 9

DEC Towers official render 9

Astraterra Properties

Official Documents

Download official marketing materials from Dheeraj & East Coast.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Lift
Lobby
Parking
Pets Allowed
Retail outlets
Security and CCTV
Shared Pool
Tennis court

Location

Dubai Marina

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai MarinaDubai MarinaDubai, UAE

Developer Track Record

01

DEC Towers by Dheeraj & East Coast

02

Located in Dubai Marina

03

Starting from AED 2,195,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2009

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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