1207, Time Place Tower
Sold prices and rental history: sold once, by the developer in October 2009, 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 1207, Time Place Tower
What is 1207 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 12th of 34
- Parking
- 45(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 724K · October 2009
- Building
- Time Place Tower
About 1207, Time Place Tower
1207 is a one-bedroom apartment of 869 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 1 October 2009 for AED 724,210, or AED 832 per sqft, 12% above the AED 742 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 February 2026, is AED 88,000 a year: a gross yield of 12.2% on the 2009 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1207 over time
1207 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 1207 sits
All 190 1-beds →1207 last sold in October 2009 at AED 832 per sqft, 12% above what one-beds in Time Place Tower were fetching at the time (AED 742). 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. 1207's AED 88,000 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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 692 sqft | AED 495KAED 495,198 · Dec 2013December 2013 | 80,000 /yr | |
| 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 | ||
| 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 |
1207, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 1 October 2009 for AED 724,210, or AED 832 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 74,792 to AED 50,000 in 2021 and recovered to AED 88,000 by February 2026.
- At AED 88,000 a year the gross yield on the 2009 price is 12.2%, before a service charge of about AED 20,000 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 10 February 2026.
Questions about 1207, Time Place Tower
What did unit 1207 last sell for?
AED 724,210 on 1 October 2009, sold by the developer: AED 832 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 1207?
AED 88,000 a year on the contract signed on 10 February 2026. The previous contract, from February 2025, was AED 88,000; the unit has been rented since September 2013.
How big is unit 1207?
869 sqft (80.7 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1207 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 1207, Time Place Tower
Starts from the last sale price (AED 724K, 1 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 724,210
- Deposit, UAE resident (20%)
- AED 144,842
- Deposit, non-resident (40%)
- AED 289,684
- Monthly over 25 years at 3.7%
- AED 2,963
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →