1503, Time Place Tower
Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Time Place Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 17 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 15th of 34
- Parking
- 62(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.03M · March 2018
- Building
- Time Place Tower
About 1503, Time Place Tower
1503 is a one-bedroom apartment of 815 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 11 March 2018 for AED 1,025,000, or AED 1,256 per sqft, in line with the AED 1,222 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 17 March 2024, is AED 85,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 182 1-beds →1503 last sold in March 2018 at AED 1,256 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,222). 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. 1503's AED 85,000 is in the lower 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 15th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 692 sqft | AED 850KAED 850,000 · Jan 2023January 2023 | 48,000 /yr | |
| 1502 | 787 sqft | AED 1.54MAED 1,535,000 · Aug 2025August 2025 | 67,000 /yr | ||
| 1504 | 2-bed | 1,226 sqft | AED 1.45MAED 1,450,000 · Apr 2023April 2023 | 135,000 /yr | |
| 1505 | 2-bed | 1,314 sqft | AED 1.6MAED 1,600,000 · May 2016May 2016 | 120,000 /yr | |
| 1506 | 3-bed | 1,944 sqft | AED 1.65MAED 1,650,000 · Jul 2021July 2021 | 155,000 /yr | |
| 1507 | 1-bed | 869 sqft | AED 900KAED 900,000 · Mar 2023March 2023 | 68,212 /yr | |
| 1508 | 1-bed | 789 sqft | AED 770KAED 770,000 · Apr 2012April 2012 | 60,000 /yr | |
| 1509 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 110,000 /yr |
1503, Time Place Tower in numbers
- Sold 3 times: first on 12 May 2010 for AED 701,287, last on 11 March 2018 for AED 1,025,000 (AED 1,256 per sqft).
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2020 and recovered to AED 85,000 by March 2024.
- At AED 85,000 a year the gross yield on the 2018 price is 8.3%, 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 17 March 2024.
Questions about 1503, Time Place Tower
What did unit 1503 last sell for?
AED 1,025,000 on 11 March 2018: AED 1,256 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 701,287 in May 2010.
What is the rent for unit 1503?
AED 85,000 a year on the contract signed on 17 March 2024. The previous contract, from April 2023, was AED 78,000; the unit has been rented since August 2017.
How big is unit 1503?
815 sqft (75.7 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.
What is unit 1503 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 1503, Time Place Tower
Starts from the last sale price (AED 1.03M, 11 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →