1-bed · 787 sqftTime Place Tower, Dubai Marina · 11th floor · completed 2009

1102, Time Place Tower

Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 29 August 2018
Last soldAED 571K4 August 2011
Current rentAED 75K /yr29 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Time Place Tower

What is 1102 worth today?

Last sold for AED 571,071 in 2011

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29 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
1 Apr 2016RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
1 May 2015RentedRenewal
AED 88,000/yr12 months · AED 112 per sqft
1 May 2014RentedNew contract
AED 82,500/yr12 months · AED 105 per sqft
1 May 2013RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
4 Aug 2011Sold by developerReady
AED 571,071AED 726 per sqft

Source: Dubai Land Department. Updated 29 August 2018.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
11th of 34
Parking
39(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 571K · August 2011

About 1102, Time Place Tower

1102 is a one-bedroom apartment of 787 sqft on the 11th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 4 August 2011 for AED 571,071, or AED 726 per sqft, 26% above the AED 577 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 29 August 2018, is AED 75,000 a year: a gross yield of 13.1% on the 2011 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, August 2011: AED 571,071 (AED 726 per sqft)

1102 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1102, 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, May 2013: AED 75,000 a yearNew contract, May 2014: AED 82,500 a yearRenewal, May 2015: AED 88,000 a yearNew contract, April 2016: AED 90,000 a yearNew contract, August 2018: AED 75,000 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 1102 sits

All 190 1-beds →

1102 last sold in August 2011 at AED 726 per sqft, 26% above what one-beds in Time Place Tower were fetching at the time (AED 577). 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. 1102's AED 75,000 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 11th floor

All 300 units in Time Place Tower
Value
11011-bedAED 489K · Mar 2013
11031-bedAED 632K · Jun 2011
11042-bedAED 910K · Oct 2009
11052-bedAED 718K · Oct 2017
11063-bedAED 1.52M · Jan 2010
11071-bedAED 1.2M · Apr 2025
11081-bedAED 1.35M · Aug 2025
1–7 of 8

1102, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 4 August 2011 for AED 571,071, or AED 726 per sqft.
  • Rented since May 2013 on 5 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2011 price is 13.1%, 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 29 August 2018.

Questions about 1102, Time Place Tower

What did unit 1102 last sell for?

AED 571,071 on 4 August 2011, sold by the developer: AED 726 per sqft for 787 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 75,000 a year on the contract signed on 29 August 2018. The previous contract, from April 2016, was AED 90,000; the unit has been rented since May 2013.

How big is unit 1102?

787 sqft (73.1 sqm): a one-bedroom apartment on the 11th floor of a 34-storey tower completed in 2009.

What is unit 1102 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 1102, Time Place Tower

Starts from the last sale price (AED 571K, 4 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 571,071
Deposit, UAE resident (20%)
AED 114,214
Deposit, non-resident (40%)
AED 228,428
Monthly over 25 years at 3.7%
AED 2,336

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