708, Time Place Tower
Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Time Place Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 12 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 7th of 34
- Parking
- 20(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.15M · June 2023
- Building
- Time Place Tower
About 708, Time Place Tower
708 is a one-bedroom apartment of 789 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 7 June 2023 for AED 1,150,000, or AED 1,458 per sqft, 30% above the AED 1,123 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 12 August 2025, is AED 101,087 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 18,100 a year.
Sales and rents for 708 over time
708 has sold 4 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 708 sits
All 182 1-beds →708 last sold in June 2023 at AED 1,458 per sqft, 30% above what one-beds in Time Place Tower were fetching at the time (AED 1,123). 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. 708's AED 101,087 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 | |
| 707 | 1-bed | 869 sqft | AED 970KAED 970,000 · Jun 2016June 2016 | 81,600 /yr | |
| 709 | 1-bed | 704 sqft | AED 357KAED 356,811 · Aug 2016August 2016 | 80,000 /yr |
708, Time Place Tower in numbers
- Sold 4 times: first on 22 April 2012 for AED 513,411, last on 7 June 2023 for AED 1,150,000 (AED 1,458 per sqft).
- Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 46,000 in 2021 and recovered to AED 101,087 by August 2025.
- At AED 101,087 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 18,100 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 12 August 2025.
Questions about 708, Time Place Tower
What did unit 708 last sell for?
AED 1,150,000 on 7 June 2023: AED 1,458 per sqft for 789 sqft. The unit has 4 registered sales; the first was AED 513,411 in April 2012.
What is the rent for unit 708?
AED 101,087 a year on the contract signed on 12 August 2025. The previous contract, from March 2022, was AED 63,000; the unit has been rented since March 2014.
How big is unit 708?
789 sqft (73.3 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.
What is unit 708 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 708, Time Place Tower
Starts from the last sale price (AED 1.15M, 7 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →