1-bed · 692 sqftTime Place Tower, Dubai Marina · 6th floor · completed 2009

601, Time Place Tower

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 26 December 2025
Last soldAED 1.1M27 May 2014
Current rentAED 80K /yr26 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Time Place Tower

What is 601 worth today?

Last sold for AED 1,100,000 in 2014

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26 Dec 2025RentedRenewal
AED 80,000/yr12 months · AED 116 per sqft
26 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
15 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft
16 Sep 2022RentedRenewal
AED 54,000/yr12 months · AED 78 per sqft
16 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 65 per sqft
19 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 61 per sqft
1 May 2019RentedNew contract
AED 62,663/yr12 months · AED 91 per sqft
26 May 2015RentedNew contract
AED 93,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
6th of 34
Parking
14(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 1.1M · May 2014

About 601, Time Place Tower

601 is a one-bedroom apartment of 692 sqft on the 6th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 27 May 2014 for AED 1,100,000, or AED 1,589 per sqft, 61% above the AED 989 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 December 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 15,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, February 2013: AED 458,964 (AED 663 per sqft)Sold, May 2014: AED 1,100,000 (AED 1,589 per sqft)

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

Rents
Unit 601, 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, May 2013: AED 62,000 a yearNew contract, May 2015: AED 93,000 a yearNew contract, May 2019: AED 62,663 a yearNew contract, August 2020: AED 42,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 54,000 a yearNew contract, October 2023: AED 85,000 a yearNew contract, December 2024: AED 80,000 a yearRenewal, December 2025: AED 80,000 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 601 sits

All 182 1-beds →

601 last sold in May 2014 at AED 1,589 per sqft, 61% above what one-beds in Time Place Tower were fetching at the time (AED 989). 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. 601's AED 80,000 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 6th floor

All 300 units in Time Place Tower
Value
6021-bedAED 1.11M · May 2024
6031-bedAED 700K · Jan 2021
6042-bedAED 856K · Nov 2009
6052-bedAED 1.9M · Jul 2024
6063-bedAED 1.43M · Sep 2011
6071-bedAED 550K · Oct 2011
6081-bedAED 500K · Sep 2024
1–7 of 8

601, Time Place Tower in numbers

  • Sold twice: first on 4 February 2013 for AED 458,964, last on 27 May 2014 for AED 1,100,000 (AED 1,589 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 62,000 to AED 42,000 in 2020 and recovered to AED 80,000 by December 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 7.3%, 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 December 2025.

Questions about 601, Time Place Tower

What did unit 601 last sell for?

AED 1,100,000 on 27 May 2014: AED 1,589 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 458,964 in February 2013.

What is the rent for unit 601?

AED 80,000 a year on the contract renewed on 26 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since May 2013.

How big is unit 601?

692 sqft (64.3 sqm): a one-bedroom apartment on the 6th floor of a 34-storey tower completed in 2009.

What is unit 601 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 601, Time Place Tower

Starts from the last sale price (AED 1.1M, 27 May 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →