2007, Time Place Tower
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Time Place Tower
What is 2007 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 20th of 34
- Parking
- 78(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 724K · November 2014
- Building
- Time Place Tower
About 2007, Time Place Tower
2007 is a one-bedroom apartment of 869 sqft on the 20th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 November 2014 for AED 723,726, or AED 832 per sqft, 10% below the AED 927 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 16 October 2024, is AED 81,500 a year: a gross yield of 11.3% on the 2014 price, before the service charge of about AED 20,000 a year.
Sales and rents for 2007 over time
2007 has sold once; 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 2007 sits
All 182 1-beds →2007 last sold in November 2014 at AED 832 per sqft, 10% below what one-beds in Time Place Tower were fetching at the time (AED 927). 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. 2007's AED 81,500 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 20th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 692 sqft | AED 1.24MAED 1,240,000 · Jan 2025January 2025 | 63,000 /yr | |
| 2002 | 1-bed | 787 sqft | AED 1.52MAED 1,520,000 · Mar 2025March 2025 | 80,000 /yr | |
| 2003 | 1-bed | 815 sqft | AED 1MAED 1,000,000 · Dec 2015December 2015 | 90,000 /yr | |
| 2004 | 2-bed | 1,226 sqft | AED 800KAED 800,000 · Mar 2012March 2012 | 120,000 /yr | |
| 2005 | 2-bed | 1,314 sqft | AED 860KAED 860,000 · Jan 2017January 2017 | 130,000 /yr | |
| 2006 | 3-bed | 1,944 sqft | AED 1.67MAED 1,671,936 · Jun 2015June 2015 | 187,000 /yr | |
| 2008 | 1-bed | 789 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 83,000 /yr | |
| 2009 | 1-bed | 704 sqft | AED 544KAED 543,628 · Feb 2010February 2010 | 80,400 /yr |
2007, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 18 November 2014 for AED 723,726, or AED 832 per sqft.
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 60,000 in 2019 and recovered to AED 81,500 by October 2024.
- At AED 81,500 a year the gross yield on the 2014 price is 11.3%, 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 16 October 2024.
Questions about 2007, Time Place Tower
What did unit 2007 last sell for?
AED 723,726 on 18 November 2014, sold by the developer: AED 832 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 2007?
AED 81,500 a year on the contract signed on 16 October 2024. The previous contract, from July 2022, was AED 65,000; the unit has been rented since January 2018.
How big is unit 2007?
869 sqft (80.7 sqm): a one-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.
What is unit 2007 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 2007, Time Place Tower
Starts from the last sale price (AED 724K, 18 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 723,726
- Deposit, UAE resident (20%)
- AED 144,745
- Deposit, non-resident (40%)
- AED 289,490
- Monthly over 25 years at 3.7%
- AED 2,961
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →