diff --git a/packages/babel-helper-create-class-features-plugin/src/decorators.ts b/packages/babel-helper-create-class-features-plugin/src/decorators.ts
--- a/packages/babel-helper-create-class-features-plugin/src/decorators.ts
+++ b/packages/babel-helper-create-class-features-plugin/src/decorators.ts
@@ -664,13 +664,13 @@ type GenerateDecorationListResult = {
 /**
  * Zip decorators and decorator this values into an array
  *
- * @param {t.Expression[]} decorators
+ * @param {t.Decorator[]} decorators
  * @param {((t.Expression | undefined)[])} decoratorsThis decorator this values
  * @param {DecoratorVersionKind} version
  * @returns {GenerateDecorationListResult}
  */
 function generateDecorationList(
-  decorators: t.Expression[],
+  decorators: t.Decorator[],
   decoratorsThis: (t.Expression | undefined)[],
   version: DecoratorVersionKind,
 ): GenerateDecorationListResult {
@@ -687,7 +687,7 @@ function generateDecorationList(
         decoratorsThis[i] || t.unaryExpression("void", t.numericLiteral(0)),
       );
     }
-    decs.push(decorators[i]);
+    decs.push(decorators[i].expression);
   }
 
   return { haveThis: haveOneThis, decs };
@@ -1031,12 +1031,12 @@ function transformClass(
   let protoInitLocal: t.Identifier;
   let staticInitLocal: t.Identifier;
   const classIdName = path.node.id?.name;
-  // Check if the expression does not reference function-specific
-  // context or the given identifier name.
+  // Check if the decorator does not reference function-specific
+  // context or the given identifier name or contains yield or await expression.
   // `true` means "maybe" and `false` means "no".
-  const usesFunctionContextOrYieldAwait = (expression: t.Node) => {
+  const usesFunctionContextOrYieldAwait = (decorator: t.Decorator) => {
     try {
-      t.traverseFast(expression, node => {
+      t.traverseFast(decorator, node => {
         if (
           t.isThisExpression(node) ||
           t.isSuper(node) ||
@@ -1172,20 +1172,19 @@ function transformClass(
   let decoratorReceiverId: t.Identifier | null = null;
 
   // Memoise the this value `a.b` of decorator member expressions `@a.b.dec`,
-  type HandleDecoratorExpressionsResult = {
+  type HandleDecoratorsResult = {
     // whether the whole decorator list requires memoisation
     hasSideEffects: boolean;
     usesFnContext: boolean;
     // the this value of each decorator if applicable
     decoratorsThis: (t.Expression | undefined)[];
   };
-  function handleDecoratorExpressions(
-    expressions: t.Expression[],
-  ): HandleDecoratorExpressionsResult {
+  function handleDecorators(decorators: t.Decorator[]): HandleDecoratorsResult {
     let hasSideEffects = false;
     let usesFnContext = false;
     const decoratorsThis: (t.Expression | null)[] = [];
-    for (const expression of expressions) {
+    for (const decorator of decorators) {
+      const { expression } = decorator;
       let object;
       if (
         (version === "2023-11" ||
@@ -1208,7 +1207,7 @@ function transformClass(
       }
       decoratorsThis.push(object);
       hasSideEffects ||= !scopeParent.isStatic(expression);
-      usesFnContext ||= usesFunctionContextOrYieldAwait(expression);
+      usesFnContext ||= usesFunctionContextOrYieldAwait(decorator);
     }
     return { hasSideEffects, usesFnContext, decoratorsThis };
   }
@@ -1231,13 +1230,12 @@ function transformClass(
 
     path.node.decorators = null;
 
-    const decoratorExpressions = classDecorators.map(el => el.expression);
-    const classDecsUsePrivateName = decoratorExpressions.some(usesPrivateField);
-    const { hasSideEffects, decoratorsThis } =
-      handleDecoratorExpressions(decoratorExpressions);
+    const classDecsUsePrivateName = classDecorators.some(usesPrivateField);
+    const { hasSideEffects, usesFnContext, decoratorsThis } =
+      handleDecorators(classDecorators);
 
     const { haveThis, decs } = generateDecorationList(
-      decoratorExpressions,
+      classDecorators,
       decoratorsThis,
       version,
     );
@@ -1245,6 +1243,7 @@ function transformClass(
     classDecorations = decs;
 
     if (
+      usesFnContext ||
       (hasSideEffects && willExtractSomeElemDecs) ||
       classDecsUsePrivateName
     ) {
@@ -1341,11 +1340,10 @@ function transformClass(
       let decoratorsHaveThis;
 
       if (hasDecorators) {
-        const decoratorExpressions = decorators.map(d => d.expression);
         const { hasSideEffects, usesFnContext, decoratorsThis } =
-          handleDecoratorExpressions(decoratorExpressions);
+          handleDecorators(decorators);
         const { decs, haveThis } = generateDecorationList(
-          decoratorExpressions,
+          decorators,
           decoratorsThis,
           version,
         );

diff --git a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-new-target/exec.js b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-new-target/exec.js
--- a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-new-target/exec.js
+++ b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-new-target/exec.js
@@ -15,6 +15,24 @@
   expect(receivedNewTarget).toBe(B);
 }
 
+{
+  let receivedNewTarget;
+  function decFactory(target) {
+    receivedNewTarget = target;
+    return x => x;
+  }
+  function B() {
+    @decFactory(new.target)
+    class C {
+       #p;
+    }
+  }
+
+  new B();
+
+  expect(receivedNewTarget).toBe(B);
+}
+
 {
   function noop() {}
   let receivedNewTarget;
@@ -52,3 +70,17 @@
 
   expect(receivedNewTarget).toBe(B);
 }
+
+{
+  let C;
+  const newC = class {};
+  function B () {
+    C = @(new.target)
+    class {
+       #p;
+    }
+  }
+
+  Reflect.construct(B, [], function () { return newC })
+  expect(C).toBe(newC);
+}
\ No newline at end of file
diff --git a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-this/exec.js b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-this/exec.js
--- a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-this/exec.js
+++ b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-this/exec.js
@@ -16,6 +16,25 @@
   expect(receivedName).toBe("B");
 }
 
+{
+  let receivedName;
+  function decFactory(name) {
+    receivedName = name;
+    return x => x;
+  }
+  class B {
+    static m() {
+      @decFactory(this.name)
+      class C {
+         #p;
+      }
+    }
+  }
+
+  B.m();
+  expect(receivedName).toBe("B");
+}
+
 {
   let receivedLength;
   function decFactory(length) {
@@ -59,3 +78,18 @@
   B.m();
   expect(receivedLength).toBe(2);
 }
+
+{
+  let C;
+  const newC = class {};
+  const B = () => newC;
+  B.m = function () {
+    C = @(this)
+    class {
+       #p;
+    }
+  }
+
+  B.m();
+  expect(C).toBe(newC);
+}
\ No newline at end of file
diff --git a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-yield/exec.js b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-yield/exec.js
--- a/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-yield/exec.js
+++ b/packages/babel-plugin-proposal-decorators/test/fixtures/2023-11-misc/decorator-evaluation-yield/exec.js
@@ -100,3 +100,63 @@ const noop = () => {};
   expect([...log].join()).toBe("0,1,2,3,4,5,6,7,8,9,10,11");
   expect(Foo).toHaveProperty("accessor");
 }
+
+{
+  const id = function* (x) {
+    yield x;
+  }
+  const log = {
+    *[Symbol.iterator]() {
+      @(yield 0, noop)
+      @(yield 1, noop)
+      class Foo {
+        method() {}
+        static method() {}
+        field;
+        static field;
+        get getter() {
+          return;
+        }
+        static get getter() {
+          return;
+        }
+        set setter(x) {}
+        static set setter(x) {}
+        accessor accessor;
+        static accessor accessor;
+      }
+    },
+  };
+  expect([...log].join()).toBe("0,1");
+}
+
+{
+  let C;
+  const iter = (function* iterFactory() {
+    C =
+      @(yield)
+      @(yield)
+      class C {
+        method() {}
+        static method() {}
+        field;
+        static field;
+        get getter() {
+          return;
+        }
+        static get getter() {
+          return;
+        }
+        set setter(x) {}
+        static set setter(x) {}
+        accessor accessor;
+        static accessor accessor;
+      };
+  })();
+  const C1 = class {},
+    C2 = class {};
+  iter.next();
+  iter.next(() => C1);
+  iter.next(() => C2);
+  expect(C).toBe(C1);
+}

[Bug]: Await in a class decorator is not properly transpiled
### 💻

- [ ] Would you like to work on a fix?

### How are you using Babel?

Other (Next.js, Gatsby, vue-cli, ...)

### Input code

```js
@(await 1) 
class A {}
```

### Configuration file name

_No response_

### Configuration

decorators plugin on latest version

### Current and expected behavior

It produces this code, but `await` in static blocks is not valid:
```js
let _A;
class A {
  static {
    [_A, _initClass] = _applyDecs(this, [await 1], []).c;
  }
  static {
    _initClass();
  }
}
```

### Environment

/

### Possible solution

_No response_

### Additional context

_No response_

packages/babel-plugin-proposal-decorators/test/index.js