1402, Time Place Tower
Sold prices and rental history: sold twice, last in July 2018, 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 1402, Time Place Tower
What is 1402 worth today?
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Source: Dubai Land Department. Updated 24 July 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 14th of 34
- Parking
- 86(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 993K · July 2018
- Building
- Time Place Tower
About 1402, Time Place Tower
1402 is a one-bedroom apartment of 787 sqft on the 14th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 24 July 2018 for AED 993,000, or AED 1,262 per sqft, 4% above the AED 1,208 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 8 December 2016, is AED 82,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1402 over time
1402 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 1402 sits
All 190 1-beds →1402 last sold in July 2018 at AED 1,262 per sqft, 4% above what one-beds in Time Place Tower were fetching at the time (AED 1,208). 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. 1402's AED 82,000 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 14th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 692 sqft | AED 720KAED 720,000 · Apr 2013April 2013 | 65,000 /yr | |
| 1403 | 1-bed | 815 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | 92,000 /yr | |
| 1404 | 2-bed | 1,226 sqft | AED 1.94MAED 1,940,000 · Feb 2025February 2025 | 140,000 /yr | |
| 1405 | 2-bed | 1,314 sqft | AED 996KAED 995,544 · Oct 2012October 2012 | 115,000 /yr | |
| 1406 | 3-bed | 1,944 sqft | AED 1.55MAED 1,550,000 · May 2021May 2021 | 195,000 /yr | |
| 1407 | 1-bed | 869 sqft | AED 677KAED 677,034 · Feb 2011February 2011 | 84,000 /yr | |
| 1408 | 1-bed | 789 sqft | AED 830KAED 830,000 · Oct 2022October 2022 | 80,000 /yr | |
| 1409 | 1-bed | 704 sqft | AED 840KAED 840,000 · Apr 2018April 2018 |
1402, Time Place Tower in numbers
- Sold twice: first on 18 July 2011 for AED 296,046, last on 24 July 2018 for AED 993,000 (AED 1,262 per sqft).
- Rented since March 2013 on 4 Ejari contracts, from AED 80,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2018 price is 8.3%, 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 24 July 2018.
Questions about 1402, Time Place Tower
What did unit 1402 last sell for?
AED 993,000 on 24 July 2018: AED 1,262 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 296,046 in July 2011.
What is the rent for unit 1402?
AED 82,000 a year on the contract signed on 8 December 2016. The previous contract, from November 2015, was AED 95,000; the unit has been rented since March 2013.
How big is unit 1402?
787 sqft (73.1 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2009.
What is unit 1402 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 1402, Time Place Tower
Starts from the last sale price (AED 993K, 24 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 993,000
- Deposit, UAE resident (20%)
- AED 198,600
- Deposit, non-resident (40%)
- AED 397,200
- Monthly over 25 years at 3.7%
- AED 4,063
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →