1-bed · 906 sqftTime Place Tower, Dubai Marina · 1st floor · completed 2009

105, Time Place Tower

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 26 December 2021
Last soldAED 875K26 December 2021
Current rentAED 53K /yr27 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Time Place Tower

What is 105 worth today?

Last sold for AED 875,000 in 2021

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26 Dec 2021SoldReady
AED 875,000AED 965 per sqft
27 Feb 2021RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
15 Mar 2020RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
15 Mar 2019RentedRenewal
AED 80,000/yr12 months · AED 88 per sqft
20 Sep 2017RentedNew contract
AED 88,000/yr12 months · AED 97 per sqft
17 Jul 2017SoldReady
AED 1,060,000AED 1,169 per sqft
21 Feb 2016RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
12 Oct 2013RentedNew contract
AED 71,424/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 26 December 2021.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
1st of 34
Parking
44(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,800 /yr
Last sold
AED 875K · December 2021

About 105, Time Place Tower

105 is a one-bedroom apartment of 906 sqft on the 1st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 26 December 2021 for AED 875,000, or AED 965 per sqft, 3% above the AED 936 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 February 2021, is AED 53,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 20,800 a year.

Sales and rents for 105 over time

Sales
Unit 105, 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, July 2011: AED 608,838 (AED 672 per sqft)Sold, July 2017: AED 1,060,000 (AED 1,169 per sqft)Sold, December 2021: AED 875,000 (AED 965 per sqft)

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

Rents
Unit 105, 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, October 2013: AED 71,424 a yearNew contract, February 2016: AED 90,000 a yearNew contract, September 2017: AED 88,000 a yearRenewal, March 2019: AED 80,000 a yearRenewal, March 2020: AED 70,000 a yearNew contract, February 2021: AED 53,000 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 105 sits

All 190 1-beds →

105 last sold in December 2021 at AED 965 per sqft, 3% above what one-beds in Time Place Tower were fetching at the time (AED 936). 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. 105's AED 53,000 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 1st floor

All 300 units in Time Place Tower
Value
102StudioAED 603K · Feb 2010
1031-bedAED 1.52M · Sep 2026
1042-bedAED 1.15M · Jul 2019
1V13-bedAED 1.5M · Mar 2011

105, Time Place Tower in numbers

  • Sold 3 times: first on 18 July 2011 for AED 608,838, last on 26 December 2021 for AED 875,000 (AED 965 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 71,424 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 20,800 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 26 December 2021.

Questions about 105, Time Place Tower

What did unit 105 last sell for?

AED 875,000 on 26 December 2021: AED 965 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 608,838 in July 2011.

What is the rent for unit 105?

AED 53,000 a year on the contract signed on 27 February 2021. The previous contract, from March 2020, was AED 70,000; the unit has been rented since October 2013.

How big is unit 105?

906 sqft (84.2 sqm): a one-bedroom apartment on the 1st floor of a 34-storey tower completed in 2009.

What is unit 105 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 105, Time Place Tower

Starts from the last sale price (AED 875K, 26 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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