1-bed · 815 sqftTime Place Tower, Dubai Marina · 13th floor · completed 2009

1303, Time Place Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.22M31 May 2024
Current rentAED 90K /yr31 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Time Place Tower

What is 1303 worth today?

Last sold for AED 1,220,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 May 2024SoldReady
AED 1,220,000AED 1,496 per sqft
31 Mar 2024RentedRenewal
AED 89,503/yr6 months · AED 111 per sqft
31 Mar 2023RentedNew contract
AED 83,000/yr12 months · AED 101 per sqft
1 Mar 2022RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
15 Mar 2017SoldReady
AED 595,000AED 729 per sqft
11 Jun 2015Sold by developerReady
AED 571,452AED 700 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
13th of 34
Parking
4(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.22M · May 2024

About 1303, Time Place Tower

1303 is a one-bedroom apartment of 815 sqft on the 13th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 31 May 2024 for AED 1,220,000, or AED 1,496 per sqft, 11% above the AED 1,342 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 31 March 2024, is AED 89,503 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 490,000; 2012 AED 630,000; 2013 AED 627,127; 2014 AED 940,214; 2015 AED 706,065; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 942,500; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 945,000; 2024 AED 1,100,000; 2025 AED 1,210,000Sold by developer, June 2015: AED 571,452 (AED 700 per sqft)Sold, March 2017: AED 595,000 (AED 729 per sqft)Sold, May 2024: AED 1,220,000 (AED 1,496 per sqft)

1303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Time Place Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 83,250; 2015 AED 87,500; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 86,500New contract, March 2022: AED 70,000 a yearNew contract, March 2023: AED 83,000 a yearRenewal, March 2024: AED 89,503 a year

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 1303 sits

All 182 1-beds →

1303 last sold in May 2024 at AED 1,496 per sqft, 11% above what one-beds in Time Place Tower were fetching at the time (AED 1,342). 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. 1303's AED 89,503 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,400,000
13 Jan 2026800,000
15 Dec 20251,150,000
15 Apr 20251,250,000
4 1-bed sales in the last 12 months

Time Place Tower

Building

300 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%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 300 units in Time Place Tower
Value
13011-bedAED 501K · Dec 2013
13021-bedAED 1.07M · Jan 2016
13042-bedAED 466K · Jul 2011
13052-bedAED 984K · Feb 2010
13063-bedAED 1.33M · Dec 2019
13071-bedAED 965K · May 2018
13081-bedAED 630K · Jan 2021
1–7 of 8

1303, Time Place Tower in numbers

  • Sold 3 times: first on 11 June 2015 for AED 571,452, last on 31 May 2024 for AED 1,220,000 (AED 1,496 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 70,000 to AED 89,503 a year.
  • At AED 89,503 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 18,800 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 31 May 2024.

Questions about 1303, Time Place Tower

What did unit 1303 last sell for?

AED 1,220,000 on 31 May 2024: AED 1,496 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 571,452 in June 2015.

What is the rent for unit 1303?

AED 89,503 a year on the contract renewed on 31 March 2024. The previous contract, from March 2023, was AED 83,000; the unit has been rented since March 2022.

How big is unit 1303?

815 sqft (75.7 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2009.

What is unit 1303 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.

Selling 1303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1303, Time Place Tower

Starts from the last sale price (AED 1.22M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

Plus AED 56,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →