1302, Time Place Tower
Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Time Place Tower
What is 1302 worth today?
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Source: Dubai Land Department. Updated 12 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 13th of 34
- Parking
- 41(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.07M · January 2016
- Building
- Time Place Tower
About 1302, Time Place Tower
1302 is a one-bedroom apartment of 787 sqft on the 13th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 27 January 2016 for AED 1,065,000, or AED 1,354 per sqft, 54% above the AED 877 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 12 October 2022, is AED 60,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1302 over time
1302 has sold twice; 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 1302 sits
All 190 1-beds →1302 last sold in January 2016 at AED 1,354 per sqft, 54% above what one-beds in Time Place Tower were fetching at the time (AED 877). 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. 1302'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 13th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 692 sqft | AED 501KAED 501,237 · Dec 2013December 2013 | 70,000 /yr | |
| 1303 | 1-bed | 815 sqft | AED 1.22MAED 1,220,000 · May 2024May 2024 | 100,000 /yr | |
| 1304 | 2-bed | 1,226 sqft | AED 466KAED 466,077 · Jul 2011July 2011 | 130,000 /yr | |
| 1305 | 2-bed | 1,314 sqft | AED 984KAED 984,231 · Feb 2010February 2010 | 115,000 /yr | |
| 1306 | 3-bed | 1,944 sqft | AED 1.33MAED 1,330,000 · Dec 2019December 2019 | 160,000 /yr | |
| 1307 | 1-bed | 869 sqft | AED 965KAED 965,000 · May 2018May 2018 | 95,000 /yr | |
| 1308 | 1-bed | 789 sqft | AED 630KAED 630,000 · Jan 2021January 2021 | 81,034 /yr | |
| 1309 | 1-bed | 704 sqft | AED 750KAED 750,000 · Jun 2022June 2022 | 40,000 /yr |
1302, Time Place Tower in numbers
- Sold twice: first on 9 June 2013 for AED 585,085, last on 27 January 2016 for AED 1,065,000 (AED 1,354 per sqft).
- Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 53,000 in 2021 and recovered to AED 60,000 by October 2022.
- At AED 60,000 a year the gross yield on the 2016 price is 5.6%, 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 12 October 2022.
Questions about 1302, Time Place Tower
What did unit 1302 last sell for?
AED 1,065,000 on 27 January 2016: AED 1,354 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 585,085 in June 2013.
What is the rent for unit 1302?
AED 60,000 a year on the contract renewed on 12 October 2022. The previous contract, from October 2021, was AED 53,000; the unit has been rented since August 2014.
How big is unit 1302?
787 sqft (73.1 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2009.
What is unit 1302 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 1302, Time Place Tower
Starts from the last sale price (AED 1.07M, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,000
- Deposit, UAE resident (20%)
- AED 213,000
- Deposit, non-resident (40%)
- AED 426,000
- Monthly over 25 years at 3.7%
- AED 4,357
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →