701, Time Place Tower
Sold prices and rental history: sold 3 times, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Time Place Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 7th of 34
- Parking
- 61(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 770K · June 2018
- Building
- Time Place Tower
About 701, Time Place Tower
701 is a one-bedroom apartment of 692 sqft on the 7th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 28 June 2018 for AED 770,000, or AED 1,112 per sqft, 5% below the AED 1,169 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 75,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 15,900 a year.
Sales and rents for 701 over time
701 has sold 3 times; 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 701 sits
All 182 1-beds →701 last sold in June 2018 at AED 1,112 per sqft, 5% below what one-beds in Time Place Tower were fetching at the time (AED 1,169). 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. 701's AED 75,000 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 7th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 787 sqft | AED 1.26MAED 1,260,000 · Jan 2015January 2015 | 45,000 /yr | |
| 703 | 1-bed | 815 sqft | AED 950KAED 950,000 · Feb 2022February 2022 | 105,000 /yr | |
| 704 | 2-bed | 1,226 sqft | AED 1.6MAED 1,600,000 · May 2019May 2019 | 120,000 /yr | |
| 705 | 2-bed | 1,314 sqft | AED 916KAED 916,353 · Jan 2010January 2010 | 130,000 /yr | |
| 706 | 3-bed | 1,944 sqft | AED 1.8MAED 1,800,000 · Sep 2012September 2012 | 155,000 /yr | |
| 707 | 1-bed | 869 sqft | AED 970KAED 970,000 · Jun 2016June 2016 | 81,600 /yr | |
| 708 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jun 2023June 2023 | 101,087 /yr | |
| 709 | 1-bed | 704 sqft | AED 357KAED 356,811 · Aug 2016August 2016 | 80,000 /yr |
701, Time Place Tower in numbers
- Sold 3 times: first on 19 May 2010 for AED 465,003, last on 28 June 2018 for AED 770,000 (AED 1,112 per sqft).
- Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2020 and recovered to AED 75,000 by April 2025.
- At AED 75,000 a year the gross yield on the 2018 price is 9.7%, 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 25 April 2025.
Questions about 701, Time Place Tower
What did unit 701 last sell for?
AED 770,000 on 28 June 2018: AED 1,112 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 465,003 in May 2010.
What is the rent for unit 701?
AED 75,000 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 72,000; the unit has been rented since January 2013.
How big is unit 701?
692 sqft (64.3 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.
What is unit 701 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 701, Time Place Tower
Starts from the last sale price (AED 770K, 28 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →