1-bed · 789 sqftTime Place Tower, Dubai Marina · 10th floor · completed 2009

1008, Time Place Tower

Sold prices and rental history: sold twice, last in June 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 28 June 2026
Last soldAED 920K5 June 2018
Current rentAED 73K /yr28 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Time Place Tower

What is 1008 worth today?

Last sold for AED 920,000 in 2018

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28 Jun 2026RentedNew contract
AED 73,000/yr12 months · AED 93 per sqft
1 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
5 Jun 2018SoldReady
AED 920,000AED 1,166 per sqft
9 May 2011Sold by developerReady
AED 266,393AED 337 per sqft

Source: Dubai Land Department. Updated 28 June 2026.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
10th of 34
Parking
12(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 920K · June 2018

About 1008, Time Place Tower

1008 is a one-bedroom apartment of 789 sqft on the 10th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 5 June 2018 for AED 920,000, or AED 1,166 per sqft, in line with the AED 1,193 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 28 June 2026, is AED 73,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 493,178; 2012 AED 630,000; 2013 AED 613,113; 2014 AED 1,050,000; 2015 AED 715,470; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 965,000; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 950,000; 2024 AED 1,100,000; 2025 AED 1,235,000; 2026 AED 1,275,000Sold by developer, May 2011: AED 266,393 (AED 337 per sqft)Sold, June 2018: AED 920,000 (AED 1,166 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Time Place Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 84,000; 2015 AED 87,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 71,000; 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 84,000; 2026 AED 80,000New contract, July 2018: AED 75,000 a yearNew contract, June 2026: AED 73,000 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 1008 sits

All 190 1-beds →

1008 last sold in June 2018 at AED 1,166 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,193). Over the last 12 months one-beds sold for AED 800,000 to 1,520,000, around AED 1,610 per sqft, and rent for AED 40,000 to 163,000 a year. 1008's AED 73,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,000,000
22 Oct 20261,250,000
10 Sep 20261,520,000
25 Aug 20261,470,000
13 1-bed sales in the last 12 months

Time Place Tower

Building

300 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 18 sold in the last 12 months.

Typical price per sqft
AED 1,602 Up 1.3%
Typical sale
AED 1.28M
Typical rent
AED 85K /yr
Typical yield
6.3%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 300 units in Time Place Tower
Value
10011-bedAED 1.06M · Oct 2014
10021-bedAED 1M · Jun 2024
10031-bedAED 1.38M · Jun 2024
10042-bedAED 1.05M · Feb 2010
10052-bedAED 950K · Nov 2010
10063-bedAED 1.57M · Feb 2021
10071-bedAED 646K · Oct 2009
1–7 of 8

1008, Time Place Tower in numbers

  • Sold twice: first on 9 May 2011 for AED 266,393, last on 5 June 2018 for AED 920,000 (AED 1,166 per sqft).
  • Rented since July 2018 on 2 Ejari contracts, from AED 75,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2018 price is 7.9%, 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 800,000–1,520,000 in the 12 months to November 2026; the building's median across all types is AED 1,602 per sqft.

Source: Dubai Land Department. Updated 28 June 2026.

Questions about 1008, Time Place Tower

What did unit 1008 last sell for?

AED 920,000 on 5 June 2018: AED 1,166 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 266,393 in May 2011.

What is the rent for unit 1008?

AED 73,000 a year on the contract signed on 28 June 2026. The previous contract, from July 2018, was AED 75,000.

How big is unit 1008?

789 sqft (73.3 sqm): a one-bedroom apartment on the 10th floor of a 34-storey tower completed in 2009.

What is unit 1008 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 1,520,000 in the last 12 months, around AED 1,610 per sqft.

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Mortgage on 1008, Time Place Tower

Starts from the last sale price (AED 920K, 5 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →