Studio · 454 sqftTime Place Tower, Dubai Marina · 1st floor · completed 2009

102, Time Place Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 603K21 February 2010
Current rentAED 68K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Time Place Tower

What is 102 worth today?

Last sold for AED 602,855 in 2010

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25 Jan 2025RentedRenewal
AED 68,250/yr12 months · AED 151 per sqft
25 Jan 2025RentedRenewal
AED 68,250/yr12 months · AED 151 per sqft
25 Jan 2024RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
25 Jan 2024RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
15 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
15 Jul 2018RentedNew contract
AED 59,000/yr12 months · AED 131 per sqft
31 Oct 2014RentedNew contract
AED 49,500/yr12 months · AED 109 per sqft
1 Nov 2013RentedNew contract
AED 45,121/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
1st of 34
Parking
41(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 603K · February 2010

About 102, Time Place Tower

102 is a studio of 454 sqft on the 1st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 21 February 2010 for AED 602,855, or AED 1,327 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 68,250 a year: a gross yield of 11.3% on the 2010 price, before the service charge of about AED 10,400 a year.

Sales and rents for 102 over time

Rents
Unit 102, each contractTypical studio in Time Place Tower
40K60K2013201720212025Typical rent by year: 2018 AED 50,000; 2020 AED 40,000; 2024 AED 62,000; 2025 AED 66,625New contract, November 2013: AED 45,121 a yearNew contract, October 2014: AED 49,500 a yearNew contract, July 2018: AED 59,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, January 2024: AED 65,000 a yearNew contract, January 2024: AED 65,000 a yearRenewal, January 2025: AED 68,250 a yearRenewal, January 2025: AED 68,250 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Time Place Tower, and where 102 sits

All 4 studios →

Over the last 12 months studios sold for AED 1,020,000, around AED 2,134 per sqft, and rent for AED 55,000 to 65,000 a year.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 20261,020,000
23 Nov 2016700,000
30 Apr 2014720,000
25 Feb 2013573,480
1 studio sale 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 1st floor

All 300 units in Time Place Tower
Value
1031-bedAED 1.52M · Sep 2026
1042-bedAED 1.15M · Jul 2019
1051-bedAED 875K · Dec 2021
1V13-bedAED 1.5M · Mar 2011

102, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 21 February 2010 for AED 602,855, or AED 1,327 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 45,121 to AED 40,000 in 2020 and recovered to AED 68,250 by January 2025.
  • At AED 68,250 a year the gross yield on the 2010 price is 11.3%, before a service charge of about AED 10,400 a year (AED 23.00 per sqft).
  • Studios in Time Place Tower sold for AED 1,020,000–1,020,000 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 25 January 2025.

Questions about 102, Time Place Tower

What did unit 102 last sell for?

AED 602,855 on 21 February 2010, sold by the developer: AED 1,327 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 68,250 a year on the contract renewed on 25 January 2025. The previous contract, from January 2025, was AED 68,250; the unit has been rented since November 2013.

How big is unit 102?

454 sqft (42.2 sqm): a studio on the 1st floor of a 34-storey tower completed in 2009.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Time Place Tower sold for AED 1,020,000 to 1,020,000 in the last 12 months, around AED 2,134 per sqft.

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Mortgage on 102, Time Place Tower

Starts from the last sale price (AED 603K, 21 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 602,855
Deposit, UAE resident (20%)
AED 120,571
Deposit, non-resident (40%)
AED 241,142
Monthly over 25 years at 3.7%
AED 2,466

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