1-bed · 692 sqftTime Place Tower, Dubai Marina · 4th floor · completed 2009

401, Time Place Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 337K28 August 2016
Current rentAED 75K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Time Place Tower

What is 401 worth today?

Last sold for AED 336,886 in 2016

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26 Jan 2026RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
10 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 108 per sqft
15 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 65 per sqft
31 Oct 2019RentedRenewal
AED 61,000/yr12 months · AED 89 per sqft
31 Oct 2018RentedNew contract
AED 61,000/yr12 months · AED 89 per sqft
15 Sep 2017RentedNew contract
AED 70,000/yr12 months · AED 102 per sqft
28 Aug 2016Sold by developerReady
AED 336,886AED 486 per sqft
7 Aug 2015RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
4th of 34
Parking
46(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 337K · August 2016

About 401, Time Place Tower

401 is a one-bedroom apartment of 692 sqft on the 4th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 28 August 2016 for AED 336,886, or AED 486 per sqft, 40% below the AED 815 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 26 January 2026, is AED 75,000 a year: a gross yield of 22.3% on the 2016 price, before the service charge of about AED 15,900 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, August 2016: AED 336,886 (AED 486 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Time Place Tower
40K60K80K2012201620202024Typical 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, July 2013: AED 53,000 a yearNew contract, August 2014: AED 76,140 a yearNew contract, August 2015: AED 75,000 a yearNew contract, September 2017: AED 70,000 a yearNew contract, October 2018: AED 61,000 a yearRenewal, October 2019: AED 61,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, September 2025: AED 75,000 a yearNew contract, January 2026: AED 75,000 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 401 sits

All 182 1-beds →

401 last sold in August 2016 at AED 486 per sqft, 40% below what one-beds in Time Place Tower were fetching at the time (AED 815). 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. 401's AED 75,000 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 4th floor

All 300 units in Time Place Tower
Value
4021-bedAED 930K · Sep 2016
4031-bedAED 510K · Nov 2009
4042-bedAED 835K · Feb 2010
4052-bedAED 882K · Mar 2010
4063-bedAED 2.21M · Apr 2016
4071-bedAED 725K · Nov 2021
4081-bedAED 494K · Nov 2009
1–7 of 8

401, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 28 August 2016 for AED 336,886, or AED 486 per sqft.
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 53,000 to AED 45,000 in 2021 and recovered to AED 75,000 by January 2026.
  • At AED 75,000 a year the gross yield on the 2016 price is 22.3%, before a service charge of about AED 15,900 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 26 January 2026.

Questions about 401, Time Place Tower

What did unit 401 last sell for?

AED 336,886 on 28 August 2016, sold by the developer: AED 486 per sqft for 692 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 75,000 a year on the contract signed on 26 January 2026. The previous contract, from September 2025, was AED 75,000; the unit has been rented since July 2013.

How big is unit 401?

692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2009.

What is unit 401 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 401, Time Place Tower

Starts from the last sale price (AED 337K, 28 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 336,886
Deposit, UAE resident (20%)
AED 67,377
Deposit, non-resident (40%)
AED 134,754
Monthly over 25 years at 3.7%
AED 1,378

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