1-bed · 869 sqftTime Place Tower, Dubai Marina · 17th floor · completed 2009

1707, Time Place Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 20 November 2021
Last soldAED 735K27 June 2010
Current rentAED 60K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Time Place Tower

What is 1707 worth today?

Last sold for AED 735,399 in 2010

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20 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
20 Nov 2020RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
20 Nov 2018RentedRenewal
AED 90,000/yr12 months · AED 103 per sqft
20 Nov 2015RentedRenewal
AED 90,000/yr12 months · AED 103 per sqft
20 Nov 2013RentedNew contract
AED 82,000/yr12 months · AED 94 per sqft
1 Nov 2012RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
27 Jun 2010Sold by developerReady
AED 735,399AED 845 per sqft

Source: Dubai Land Department. Updated 20 November 2021.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
17th of 34
Parking
52(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 735K · June 2010

About 1707, Time Place Tower

1707 is a one-bedroom apartment of 869 sqft on the 17th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 27 June 2010 for AED 735,399, or AED 845 per sqft, 9% above the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 November 2021, is AED 60,000 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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 2010: AED 735,399 (AED 845 per sqft)

1707 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, 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, November 2012: AED 60,000 a yearNew contract, November 2013: AED 82,000 a yearRenewal, November 2015: AED 90,000 a yearRenewal, November 2018: AED 90,000 a yearRenewal, November 2020: AED 50,000 a yearNew contract, November 2021: AED 60,000 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 1707 sits

All 182 1-beds →

1707 last sold in June 2010 at AED 845 per sqft, 9% above what one-beds in Time Place Tower were fetching at the time (AED 776). 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. 1707's AED 60,000 is at the bottom 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 17th floor

All 300 units in Time Place Tower
Value
17011-bedAED 188K · Apr 2022
17021-bedAED 1.25M · Sep 2014
17031-bedAED 718K · Jun 2015
17042-bedAED 2.1M · Jul 2014
17052-bedAED 2.1M · Jan 2025
17063-bedAED 1.62M · Oct 2013
17081-bedAED 694K · Apr 2011
1–7 of 8

1707, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 27 June 2010 for AED 735,399, or AED 845 per sqft.
  • Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2020 and recovered to AED 60,000 by November 2021.
  • At AED 60,000 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 20,000 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 20 November 2021.

Questions about 1707, Time Place Tower

What did unit 1707 last sell for?

AED 735,399 on 27 June 2010, sold by the developer: AED 845 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 60,000 a year on the contract signed on 20 November 2021. The previous contract, from November 2020, was AED 50,000; the unit has been rented since November 2012.

How big is unit 1707?

869 sqft (80.7 sqm): a one-bedroom apartment on the 17th floor of a 34-storey tower completed in 2009.

What is unit 1707 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 1707, Time Place Tower

Starts from the last sale price (AED 735K, 27 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 735,399
Deposit, UAE resident (20%)
AED 147,080
Deposit, non-resident (40%)
AED 294,160
Monthly over 25 years at 3.7%
AED 3,009

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