DEC Towers — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 94,714 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,279
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.01M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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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 Marina

Developer and Project Facts

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

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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