1208, Time Place Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Time Place Tower
What is 1208 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 12th of 34
- Parking
- 32(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.15M · July 2024
- Building
- Time Place Tower
About 1208, Time Place Tower
1208 is a one-bedroom apartment of 789 sqft on the 12th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 29 July 2024 for AED 1,150,000, or AED 1,458 per sqft, 7% above the AED 1,364 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 60,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1208 over time
1208 has sold 3 times; 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 1208 sits
All 190 1-beds →1208 last sold in July 2024 at AED 1,458 per sqft, 7% above what one-beds in Time Place Tower were fetching at the time (AED 1,364). 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. 1208's AED 60,000 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 | ||
| 1207 | 1-bed | 869 sqft | AED 724KAED 724,210 · Oct 2009October 2009 | 88,000 /yr | |
| 1209 | 1-bed | 704 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 58,340 /yr |
1208, Time Place Tower in numbers
- Sold 3 times: first on 25 October 2015 for AED 545,701, last on 29 July 2024 for AED 1,150,000 (AED 1,458 per sqft).
- Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 43,000 in 2021 and recovered to AED 60,000 by May 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 5.2%, 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 1 May 2025.
Questions about 1208, Time Place Tower
What did unit 1208 last sell for?
AED 1,150,000 on 29 July 2024: AED 1,458 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 545,701 in October 2015.
What is the rent for unit 1208?
AED 60,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 78,000; the unit has been rented since March 2016.
How big is unit 1208?
789 sqft (73.3 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1208 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 1208, Time Place Tower
Starts from the last sale price (AED 1.15M, 29 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →