707, Time Place Tower
Sold prices and rental history: sold twice, last in June 2016, 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 707, Time Place Tower
What is 707 worth today?
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Source: Dubai Land Department. Updated 4 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 7th of 34
- Parking
- 73(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 970K · June 2016
- Building
- Time Place Tower
About 707, Time Place Tower
707 is a one-bedroom apartment of 869 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 6 June 2016 for AED 970,000, or AED 1,115 per sqft, 27% above the AED 878 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 4 May 2023, is AED 81,600 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 20,000 a year.
Sales and rents for 707 over time
707 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 707 sits
All 182 1-beds →707 last sold in June 2016 at AED 1,115 per sqft, 27% above what one-beds in Time Place Tower were fetching at the time (AED 878). 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. 707's AED 81,600 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 692 sqft | AED 770KAED 770,000 · Jun 2018June 2018 | 75,000 /yr | |
| 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 | |
| 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 |
707, Time Place Tower in numbers
- Sold twice: first on 9 October 2011 for AED 622,560, last on 6 June 2016 for AED 970,000 (AED 1,115 per sqft).
- Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 50,000 in 2021 and recovered to AED 81,600 by May 2023.
- At AED 81,600 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 20,000 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 4 May 2023.
Questions about 707, Time Place Tower
What did unit 707 last sell for?
AED 970,000 on 6 June 2016: AED 1,115 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 622,560 in October 2011.
What is the rent for unit 707?
AED 81,600 a year on the contract renewed on 4 May 2023. The previous contract, from May 2022, was AED 78,000; the unit has been rented since September 2016.
How big is unit 707?
869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.
What is unit 707 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 707, Time Place Tower
Starts from the last sale price (AED 970K, 6 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →