1-bed · 878 sqftTime Place Tower, Dubai Marina · 29th floor · completed 2009

2907, Time Place Tower

Sold prices and rental history: sold twice, last in August 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 775K1 August 2012
Current rentAED 85K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, Time Place Tower

What is 2907 worth today?

Last sold for AED 775,000 in 2012

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1 Feb 2025RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Feb 2023RentedRenewal
AED 80,000/yr24 months · AED 91 per sqft
1 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
1 May 2021RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
1 Nov 2018RentedRenewal
AED 90,000/yr6 months · AED 102 per sqft
1 Nov 2017RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
1 Aug 2012SoldReady
AED 775,000AED 882 per sqft
4 Jan 2010Sold by developerReady
AED 822,666AED 936 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
29th of 34
Parking
1
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 775K · August 2012

About 2907, Time Place Tower

2907 is a one-bedroom apartment of 878 sqft on the 29th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 1 August 2012 for AED 775,000, or AED 882 per sqft, 23% above the AED 720 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 85,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 20,200 a year.

Sales and rents for 2907 over time

Sales
Unit 2907, 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, January 2010: AED 822,666 (AED 936 per sqft)Sold, August 2012: AED 775,000 (AED 882 per sqft)

2907 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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 2017: AED 95,000 a yearRenewal, November 2018: AED 90,000 a yearRenewal, May 2021: AED 65,000 a yearNew contract, February 2022: AED 70,000 a yearRenewal, February 2023: AED 80,000 a yearRenewal, February 2025: AED 85,000 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 2907 sits

All 182 1-beds →

2907 last sold in August 2012 at AED 882 per sqft, 23% above what one-beds in Time Place Tower were fetching at the time (AED 720). 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. 2907's AED 85,000 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 29th floor

All 300 units in Time Place Tower
Value
29011-bedAED 730K · Jun 2022
29021-bedAED 1.17M · Dec 2023
29031-bedAED 1.3M · Jul 2024
29042-bedAED 1.23M · Oct 2019
29052-bedAED 1.52M · May 2018
29063-bedAED 1.85M · Apr 2021
29081-bedAED 765K · Dec 2014
1–7 of 8

2907, Time Place Tower in numbers

  • Sold twice: first on 4 January 2010 for AED 822,666, last on 1 August 2012 for AED 775,000 (AED 882 per sqft).
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 85,000 by February 2025.
  • At AED 85,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 20,200 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 1 February 2025.

Questions about 2907, Time Place Tower

What did unit 2907 last sell for?

AED 775,000 on 1 August 2012: AED 882 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 822,666 in January 2010.

What is the rent for unit 2907?

AED 85,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2023, was AED 80,000; the unit has been rented since November 2017.

How big is unit 2907?

878 sqft (81.6 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.

What is unit 2907 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 2907, Time Place Tower

Starts from the last sale price (AED 775K, 1 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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