1-bed · 704 sqftTime Place Tower, Dubai Marina · 10th floor · completed 2009

1009, Time Place Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 805K7 June 2023
Current rentAED 70K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Time Place Tower

What is 1009 worth today?

Last sold for AED 805,000 in 2023

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1 Oct 2026RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
22 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
10 Feb 2025RentedRenewal
AED 69,000/yr12 months · AED 99 per sqft
10 Feb 2025RentedRenewal
AED 69,000/yr12 months · AED 99 per sqft
10 Feb 2024RentedNew contract
AED 57,750/yr12 months · AED 83 per sqft
10 Feb 2024RentedNew contract
AED 57,750/yr12 months · AED 83 per sqft
7 Jun 2023SoldReady
AED 805,000AED 1,143 per sqft
10 Feb 2023RentedRenewal
AED 55,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
10th of 34
Parking
67(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 16,200 /yr
Last sold
AED 805K · June 2023

About 1009, Time Place Tower

1009 is a one-bedroom apartment of 704 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 7 June 2023 for AED 805,000, or AED 1,143 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, signed on 1 October 2026, is AED 70,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, 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, May 2010: AED 618,000 (AED 878 per sqft)Sold by developer, May 2010: AED 484,538 (AED 688 per sqft)Sold, June 2023: AED 805,000 (AED 1,143 per sqft)

1009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in Time Place Tower
40K60K80K2012201620202024Typical 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, June 2012: AED 50,000 a yearRenewal, June 2014: AED 66,000 a yearNew contract, June 2015: AED 77,000 a yearRenewal, June 2016: AED 80,000 a yearNew contract, October 2017: AED 65,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, February 2020: AED 52,000 a yearNew contract, February 2020: AED 52,000 a yearRenewal, February 2021: AED 45,000 a yearRenewal, February 2022: AED 54,000 a yearRenewal, February 2023: AED 55,000 a yearNew contract, February 2024: AED 57,750 a yearNew contract, February 2024: AED 57,750 a yearRenewal, February 2025: AED 69,000 a yearRenewal, February 2025: AED 69,000 a yearNew contract, September 2025: AED 75,000 a yearNew contract, October 2026: AED 70,000 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 1009 sits

All 190 1-beds →

1009 last sold in June 2023 at AED 1,143 per sqft, in line with 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 1,520,000, around AED 1,610 per sqft, and rent for AED 40,000 to 163,000 a year. 1009's AED 70,000 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

1009, Time Place Tower in numbers

  • Sold 3 times: first on 4 May 2010 for AED 484,538, last on 7 June 2023 for AED 805,000 (AED 1,143 per sqft).
  • Rented since June 2012 on 17 Ejari contracts, from AED 50,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 16,200 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 1 October 2026.

Questions about 1009, Time Place Tower

What did unit 1009 last sell for?

AED 805,000 on 7 June 2023: AED 1,143 per sqft for 704 sqft. The unit has 3 registered sales; the first was AED 484,538 in May 2010.

What is the rent for unit 1009?

AED 70,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 75,000; the unit has been rented since June 2012.

How big is unit 1009?

704 sqft (65.4 sqm): a one-bedroom apartment on the 10th floor of a 34-storey tower completed in 2009.

What is unit 1009 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 1009, Time Place Tower

Starts from the last sale price (AED 805K, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 805,000
Deposit, UAE resident (20%)
AED 161,000
Deposit, non-resident (40%)
AED 322,000
Monthly over 25 years at 3.7%
AED 3,294

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