1-bed · 789 sqftTime Place Tower, Dubai Marina · 13th floor · completed 2009

1308, Time Place Tower

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 630K7 January 2021
Current rentAED 81K /yr7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Time Place Tower

What is 1308 worth today?

Last sold for AED 630,000 in 2021

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7 Apr 2026RentedRenewal
AED 81,034/yr12 months · AED 103 per sqft
7 Apr 2024RentedRenewal
AED 73,500/yr12 months · AED 94 per sqft
7 Apr 2024RentedRenewal
AED 73,500/yr12 months · AED 94 per sqft
7 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft
15 Mar 2022RentedRenewal
AED 57,500/yr12 months · AED 73 per sqft
15 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
7 Jan 2021SoldReady
AED 630,000AED 798 per sqft
10 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
13th of 34
Parking
37(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 630K · January 2021

About 1308, Time Place Tower

1308 is a one-bedroom apartment of 789 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 7 January 2021 for AED 630,000, or AED 798 per sqft, in line with the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 7 April 2026, is AED 81,034 a year: a gross yield of 12.9% on the 2021 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, March 2011: AED 552,159 (AED 700 per sqft)Sold, January 2021: AED 630,000 (AED 798 per sqft)

1308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, 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, February 2014: AED 62,813 a yearNew contract, August 2015: AED 86,500 a yearRenewal, August 2016: AED 89,280 a yearNew contract, April 2018: AED 75,000 a yearNew contract, April 2019: AED 70,000 a yearNew contract, March 2021: AED 50,000 a yearRenewal, March 2022: AED 57,500 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 73,500 a yearRenewal, April 2024: AED 73,500 a yearRenewal, April 2026: AED 81,034 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 1308 sits

All 190 1-beds →

1308 last sold in January 2021 at AED 798 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 816). 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. 1308's AED 81,034 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 13th floor

All 300 units in Time Place Tower
Value
13011-bedAED 501K · Dec 2013
13021-bedAED 1.07M · Jan 2016
13031-bedAED 1.22M · May 2024
13042-bedAED 466K · Jul 2011
13052-bedAED 984K · Feb 2010
13063-bedAED 1.33M · Dec 2019
13071-bedAED 965K · May 2018
1–7 of 8

1308, Time Place Tower in numbers

  • Sold twice: first on 15 March 2011 for AED 552,159, last on 7 January 2021 for AED 630,000 (AED 798 per sqft).
  • Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 62,813 to AED 50,000 in 2021 and recovered to AED 81,034 by April 2026.
  • At AED 81,034 a year the gross yield on the 2021 price is 12.9%, 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 7 April 2026.

Questions about 1308, Time Place Tower

What did unit 1308 last sell for?

AED 630,000 on 7 January 2021: AED 798 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 552,159 in March 2011.

What is the rent for unit 1308?

AED 81,034 a year on the contract renewed on 7 April 2026. The previous contract, from April 2024, was AED 73,500; the unit has been rented since February 2014.

How big is unit 1308?

789 sqft (73.3 sqm): a one-bedroom apartment on the 13th floor of a 34-storey tower completed in 2009.

What is unit 1308 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 1308, Time Place Tower

Starts from the last sale price (AED 630K, 7 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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