787 sqftTime Place Tower, Dubai Marina · 15th floor · completed 2009

1502, Time Place Tower

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 1.54M25 August 2025
Current rentAED 67K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Time Place Tower

What is 1502 worth today?

Last sold for AED 1,535,000 in 2025

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25 Aug 2025SoldReady
AED 1,535,000AED 1,951 per sqft
23 Dec 2024SoldReady
AED 1,085,000AED 1,379 per sqft
5 Oct 2023RentedRenewal
AED 67,000/yr12 months · AED 85 per sqft
5 Oct 2021RentedNew contract
AED 56,000/yr12 months · AED 71 per sqft
25 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
10 Jul 2018RentedNew contract
AED 73,000/yr12 months · AED 93 per sqft
5 Jun 2014RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
5 Jun 2013RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
Apartment
Size
787 sqft
Floor
15th of 34
Parking
39(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.54M · August 2025

About 1502, Time Place Tower

1502 is an apartment of 787 sqft on the 15th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 25 August 2025 for AED 1,535,000, or AED 1,951 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 67,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 18,100 a year.

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 15th floor

All 300 units in Time Place Tower
Value
15011-bedAED 850K · Jan 2023
15031-bedAED 1.03M · Mar 2018
15042-bedAED 1.45M · Apr 2023
15052-bedAED 1.6M · May 2016
15063-bedAED 1.65M · Jul 2021
15071-bedAED 900K · Mar 2023
15081-bedAED 770K · Apr 2012
1–7 of 8

1502, Time Place Tower in numbers

  • Sold 3 times: first on 17 February 2013 for AED 599,099, last on 25 August 2025 for AED 1,535,000 (AED 1,951 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 56,000 in 2021 and recovered to AED 67,000 by October 2023.
  • At AED 67,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 18,100 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 25 August 2025.

Questions about 1502, Time Place Tower

What did unit 1502 last sell for?

AED 1,535,000 on 25 August 2025: AED 1,951 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 599,099 in February 2013.

What is the rent for unit 1502?

AED 67,000 a year on the contract renewed on 5 October 2023. The previous contract, from October 2021, was AED 56,000; the unit has been rented since June 2013.

How big is unit 1502?

787 sqft (73.1 sqm): an apartment on the 15th floor of a 34-storey tower completed in 2009.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1502, Time Place Tower

Starts from the last sale price (AED 1.54M, 25 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,535,000
Deposit, UAE resident (20%)
AED 307,000
Deposit, non-resident (40%)
AED 614,000
Monthly over 25 years at 3.7%
AED 6,280

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →