1-bed · 787 sqftTime Place Tower, Dubai Marina · 18th floor · completed 2009

1802, Time Place Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.22M14 June 2024
Current rentAED 90K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Time Place Tower

What is 1802 worth today?

Last sold for AED 1,220,000 in 2024

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1 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
14 Jun 2024SoldReady
AED 1,220,000AED 1,551 per sqft
2 Jul 2022RentedRenewal
AED 79,000/yr12 months · AED 101 per sqft
2 Jul 2021RentedNew contract
AED 74,000/yr12 months · AED 94 per sqft
15 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
3 May 2018SoldReady
AED 900,000AED 1,144 per sqft
16 Sep 2015Sold by developerReady
AED 620,120AED 788 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
18th of 34
Parking
8(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.22M · June 2024

About 1802, Time Place Tower

1802 is a one-bedroom apartment of 787 sqft on the 18th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 14 June 2024 for AED 1,220,000, or AED 1,551 per sqft, 15% above the AED 1,349 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 90,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, September 2015: AED 620,120 (AED 788 per sqft)Sold, May 2018: AED 900,000 (AED 1,144 per sqft)Sold, June 2024: AED 1,220,000 (AED 1,551 per sqft)

1802 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, 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 2018: AED 75,000 a yearNew contract, July 2021: AED 74,000 a yearRenewal, July 2022: AED 79,000 a yearNew contract, October 2024: AED 90,000 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 1802 sits

All 182 1-beds →

1802 last sold in June 2024 at AED 1,551 per sqft, 15% above what one-beds in Time Place Tower were fetching at the time (AED 1,349). 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. 1802's AED 90,000 is in the lower half 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 18th floor

All 300 units in Time Place Tower
Value
1801AED 1.15M · Nov 2025
18031-bedAED 1.05M · Apr 2025
18042-bedAED 1.58M · Jun 2013
18052-bedAED 1.04M · Apr 2010
18063-bedAED 1.64M · Nov 2009
18071-bedAED 708K · Mar 2010
18081-bedAED 875K · Jan 2023
1–7 of 8

1802, Time Place Tower in numbers

  • Sold 3 times: first on 16 September 2015 for AED 620,120, last on 14 June 2024 for AED 1,220,000 (AED 1,551 per sqft).
  • Rented since November 2018 on 4 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.4%, 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 October 2024.

Questions about 1802, Time Place Tower

What did unit 1802 last sell for?

AED 1,220,000 on 14 June 2024: AED 1,551 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 620,120 in September 2015.

What is the rent for unit 1802?

AED 90,000 a year on the contract signed on 1 October 2024. The previous contract, from July 2022, was AED 79,000; the unit has been rented since November 2018.

How big is unit 1802?

787 sqft (73.1 sqm): a one-bedroom apartment on the 18th floor of a 34-storey tower completed in 2009.

What is unit 1802 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 1802, Time Place Tower

Starts from the last sale price (AED 1.22M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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