1201, Time Place Tower
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Time Place Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 12th of 34
- Parking
- 19(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 495K · December 2013
- Building
- Time Place Tower
About 1201, Time Place Tower
1201 is a one-bedroom apartment of 692 sqft on the 12th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 29 December 2013 for AED 495,198, or AED 715 per sqft, 15% below the AED 842 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 80,000 a year: a gross yield of 16.2% on the 2013 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the one-bed median of each year in the building.
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 1201 sits
All 190 1-beds →1201 last sold in December 2013 at AED 715 per sqft, 15% below what one-beds in Time Place Tower were fetching at the time (AED 842). 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. 1201's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 692 sqft | 1,000,000 | 1,445 | ||
| 22 Oct 202622 October 2026 | 878 sqft | 1,250,000 | 1,423 | ||
| 10 Sep 202610 September 2026 | 873 sqft | 1,520,000 | 1,741 | ||
| 25 Aug 202625 August 2026 | 815 sqft | 1,470,000 | 1,802 |
Time Place Tower
Building300 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%
Other units on the 12th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 787 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 40,000 /yr | |
| 1203 | 1-bed | 815 sqft | AED 565KAED 564,649 · Jun 2011June 2011 | 125,000 /yr | |
| 1204 | 2-bed | 1,226 sqft | AED 921KAED 921,315 · Jun 2013June 2013 | 115,762 /yr | |
| 1205 | 2-bed | 1,314 sqft | AED 1.85MAED 1,850,000 · May 2024May 2024 | 130,000 /yr | |
| 1206 | 3-bed | 1,944 sqft | AED 766KAED 766,304 · Jul 2011July 2011 | ||
| 1207 | 1-bed | 869 sqft | AED 724KAED 724,210 · Oct 2009October 2009 | 88,000 /yr | |
| 1208 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jul 2024July 2024 | 60,000 /yr | |
| 1209 | 1-bed | 704 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 58,340 /yr |
1201, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 29 December 2013 for AED 495,198, or AED 715 per sqft.
- Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 65,000 to AED 37,000 in 2022 and recovered to AED 80,000 by April 2025.
- At AED 80,000 a year the gross yield on the 2013 price is 16.2%, before a service charge of about AED 15,900 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 April 2025.
Questions about 1201, Time Place Tower
What did unit 1201 last sell for?
AED 495,198 on 29 December 2013, sold by the developer: AED 715 per sqft for 692 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 80,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 80,000; the unit has been rented since August 2013.
How big is unit 1201?
692 sqft (64.3 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1201 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 1201, Time Place Tower
Starts from the last sale price (AED 495K, 29 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 495,198
- Deposit, UAE resident (20%)
- AED 99,040
- Deposit, non-resident (40%)
- AED 198,079
- Monthly over 25 years at 3.7%
- AED 2,026
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →