1509, Time Place Tower
Sold prices and rental history: sold twice, last in February 2025, 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 1509, Time Place Tower
What is 1509 worth today?
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Source: Dubai Land Department. Updated 24 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 15th of 34
- Parking
- 17(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.1M · February 2025
- Building
- Time Place Tower
About 1509, Time Place Tower
1509 is a one-bedroom apartment of 704 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 12 February 2025 for AED 1,100,000, or AED 1,563 per sqft, 7% above the AED 1,458 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 24 April 2025, is AED 110,000 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 16,200 a year.
Sales and rents for 1509 over time
1509 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 1509 sits
All 182 1-beds →1509 last sold in February 2025 at AED 1,563 per sqft, 7% above what one-beds in Time Place Tower were fetching at the time (AED 1,458). 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. 1509's AED 110,000 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 | ||
| 1503 | 1-bed | 815 sqft | AED 1.03MAED 1,025,000 · Mar 2018March 2018 | 85,000 /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, Time Place Tower in numbers
- Sold twice: first on 25 October 2015 for AED 514,083, last on 12 February 2025 for AED 1,100,000 (AED 1,563 per sqft).
- Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2019 and recovered to AED 110,000 by April 2025.
- At AED 110,000 a year the gross yield on the 2025 price is 10.0%, 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 24 April 2025.
Questions about 1509, Time Place Tower
What did unit 1509 last sell for?
AED 1,100,000 on 12 February 2025: AED 1,563 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 514,083 in October 2015.
What is the rent for unit 1509?
AED 110,000 a year on the contract signed on 24 April 2025. The previous contract, from December 2023, was AED 70,000; the unit has been rented since April 2017.
How big is unit 1509?
704 sqft (65.4 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.
What is unit 1509 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 1509, Time Place Tower
Starts from the last sale price (AED 1.1M, 12 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →