1408, Time Place Tower
Sold prices and rental history: sold 3 times, last in October 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 1408, Time Place Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 14th of 34
- Parking
- 24(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 830K · October 2022
- Building
- Time Place Tower
About 1408, Time Place Tower
1408 is a one-bedroom apartment of 789 sqft on the 14th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 19 October 2022 for AED 830,000, or AED 1,052 per sqft, in line with the AED 1,033 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 128,000 a year: a gross yield of 15.4% on the 2022 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; 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 1408 sits
All 182 1-beds →1408 last sold in October 2022 at AED 1,052 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,033). 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. 1408's AED 128,000 is in the upper half 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 14th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 692 sqft | AED 720KAED 720,000 · Apr 2013April 2013 | 65,000 /yr | |
| 1402 | 1-bed | 787 sqft | AED 993KAED 993,000 · Jul 2018July 2018 | 82,000 /yr | |
| 1403 | 1-bed | 815 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | 95,000 /yr | |
| 1404 | 2-bed | 1,226 sqft | AED 1.94MAED 1,940,000 · Feb 2025February 2025 | 140,000 /yr | |
| 1405 | 2-bed | 1,314 sqft | AED 996KAED 995,544 · Oct 2012October 2012 | 115,000 /yr | |
| 1406 | 3-bed | 1,944 sqft | AED 1.55MAED 1,550,000 · May 2021May 2021 | 195,000 /yr | |
| 1407 | 1-bed | 869 sqft | AED 677KAED 677,034 · Feb 2011February 2011 | 88,000 /yr | |
| 1409 | 1-bed | 704 sqft | AED 840KAED 840,000 · Apr 2018April 2018 |
1408, Time Place Tower in numbers
- Sold 3 times: first on 18 July 2011 for AED 279,309, last on 19 October 2022 for AED 830,000 (AED 1,052 per sqft).
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 128,000 by July 2025.
- At AED 128,000 a year the gross yield on the 2022 price is 15.4%, before a service charge of about AED 18,100 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 July 2025.
Questions about 1408, Time Place Tower
What did unit 1408 last sell for?
AED 830,000 on 19 October 2022: AED 1,052 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 279,309 in July 2011.
What is the rent for unit 1408?
AED 128,000 a year on the contract renewed on 1 July 2025. The previous contract, from February 2025, was AED 105,000; the unit has been rented since March 2013.
How big is unit 1408?
789 sqft (73.3 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2009.
What is unit 1408 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 1408, Time Place Tower
Starts from the last sale price (AED 830K, 19 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →