503, Time Place Tower
Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Time Place Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 27 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 5th of 34
- Parking
- 7(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.1M · February 2014
- Building
- Time Place Tower
About 503, Time Place Tower
503 is a one-bedroom apartment of 815 sqft on the 5th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 10 February 2014 for AED 1,100,000, or AED 1,348 per sqft, 59% above the AED 848 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 27 August 2025, is AED 90,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 18,800 a year.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 182 1-beds →503 last sold in February 2014 at AED 1,348 per sqft, 59% above what one-beds in Time Place Tower were fetching at the time (AED 848). 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. 503's AED 90,000 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 5th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 692 sqft | AED 343KAED 342,925 · Aug 2016August 2016 | 77,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 265KAED 264,515 · Feb 2010February 2010 | 85,000 /yr | |
| 504 | 2-bed | 1,226 sqft | AED 845KAED 845,442 · Feb 2011February 2011 | 115,000 /yr | |
| 505 | 2-bed | 1,314 sqft | AED 1.1MAED 1,100,000 · Jun 2020June 2020 | 252,000 /yr | |
| 506 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 195,000 /yr | |
| 507 | 1-bed | 869 sqft | AED 607KAED 606,996 · Oct 2009October 2009 | 84,772 /yr | |
| 508 | 1-bed | 789 sqft | AED 500KAED 500,495 · Feb 2010February 2010 | 75,000 /yr | |
| 509 | 1-bed | 704 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 70,000 /yr |
503, Time Place Tower in numbers
- Sold twice: first on 11 February 2013 for AED 517,028, last on 10 February 2014 for AED 1,100,000 (AED 1,348 per sqft).
- Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 70,000 in 2022 and recovered to AED 90,000 by August 2025.
- At AED 90,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 18,800 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 27 August 2025.
Questions about 503, Time Place Tower
What did unit 503 last sell for?
AED 1,100,000 on 10 February 2014: AED 1,348 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 517,028 in February 2013.
What is the rent for unit 503?
AED 90,000 a year on the contract renewed on 27 August 2025. The previous contract, from August 2024, was AED 82,500; the unit has been rented since March 2016.
How big is unit 503?
815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 34-storey tower completed in 2009.
What is unit 503 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 503, Time Place Tower
Starts from the last sale price (AED 1.1M, 10 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →