1209, Time Place Tower
Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Time Place Tower
What is 1209 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 12th of 34
- Parking
- 13(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 745K · September 2022
- Building
- Time Place Tower
About 1209, Time Place Tower
1209 is a one-bedroom apartment of 704 sqft on the 12th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 21 September 2022 for AED 745,000, or AED 1,058 per sqft, 3% above the AED 1,026 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 June 2025, is AED 70,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 16,200 a year.
Sales and rents for 1209 over time
1209 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Time Place Tower, and where 1209 sits
All 182 1-beds →1209 last sold in September 2022 at AED 1,058 per sqft, 3% above what one-beds in Time Place Tower were fetching at the time (AED 1,026). Over the last 12 months one-beds sold for AED 800,000 to 1,400,000, around AED 1,536 per sqft, and rent for AED 71,200 to 152,500 a year. 1209's AED 70,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 869 sqft | 1,400,000 | 1,610 | ||
| 13 Jan 202613 January 2026 | 704 sqft | 800,000 | 1,136 | ||
| 15 Dec 202515 December 2025 | 787 sqft | 1,150,000 | 1,462 | ||
| 15 Apr 202515 April 2025 | 789 sqft | 1,250,000 | 1,585 |
Time Place Tower
Building300 apartments, studios to 3-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,610
- Typical sale
- AED 1.15M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.8%
Other units on the 12th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 692 sqft | AED 495KAED 495,198 · Dec 2013December 2013 | 80,000 /yr | |
| 1202 | 1-bed | 787 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 40,000 /yr | |
| 1203 | 1-bed | 815 sqft | AED 565KAED 564,649 · Jun 2011June 2011 | 85,000 /yr | |
| 1204 | 2-bed | 1,226 sqft | AED 921KAED 921,315 · Jun 2013June 2013 | 115,762 /yr | |
| 1205 | 2-bed | 1,314 sqft | AED 1.85MAED 1,850,000 · May 2024May 2024 | 145,000 /yr | |
| 1206 | 3-bed | 1,944 sqft | AED 766KAED 766,304 · Jul 2011July 2011 | ||
| 1207 | 1-bed | 869 sqft | AED 724KAED 724,210 · Oct 2009October 2009 | 88,000 /yr | |
| 1208 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jul 2024July 2024 | 60,000 /yr |
1209, Time Place Tower in numbers
- Sold twice: first on 27 October 2011 for AED 496,356, last on 21 September 2022 for AED 745,000 (AED 1,058 per sqft).
- Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2022 and recovered to AED 70,000 by June 2025.
- At AED 70,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 16,200 a year (AED 23.00 per sqft).
- One-beds in Time Place Tower sold for AED 800,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,610 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 1209, Time Place Tower
What did unit 1209 last sell for?
AED 745,000 on 21 September 2022: AED 1,058 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 496,356 in October 2011.
What is the rent for unit 1209?
AED 70,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2024, was AED 70,000; the unit has been rented since November 2013.
How big is unit 1209?
704 sqft (65.4 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1209 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Time Place Tower sold for AED 800,000 to 1,400,000 in the last 12 months, around AED 1,536 per sqft.
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Mortgage on 1209, Time Place Tower
Starts from the last sale price (AED 745K, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 745,000
- Deposit, UAE resident (20%)
- AED 149,000
- Deposit, non-resident (40%)
- AED 298,000
- Monthly over 25 years at 3.7%
- AED 3,048
Plus AED 36,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →