1-bed · 869 sqftTime Place Tower, Dubai Marina · 14th floor · completed 2009

1407, Time Place Tower

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 677K28 February 2011
Current rentAED 84K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Time Place Tower

What is 1407 worth today?

Last sold for AED 677,034 in 2011

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1 Oct 2026RentedRenewal
AED 84,000/yr12 months · AED 97 per sqft
1 Oct 2025RentedNew contract
AED 88,000/yr12 months · AED 101 per sqft
3 Oct 2024RentedNew contract
AED 88,000/yr12 months · AED 101 per sqft
10 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
5 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
1 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
28 Feb 2011Sold by developerReady
AED 677,034AED 778 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
14th of 34
Parking
68(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 677K · February 2011

About 1407, Time Place Tower

1407 is a one-bedroom apartment of 869 sqft on the 14th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 28 February 2011 for AED 677,034, or AED 778 per sqft, in line with the AED 778 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 84,000 a year: a gross yield of 12.4% on the 2011 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, February 2011: AED 677,034 (AED 778 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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, April 2019: AED 60,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, September 2022: AED 80,000 a yearNew contract, October 2023: AED 85,000 a yearNew contract, October 2024: AED 88,000 a yearNew contract, October 2025: AED 88,000 a yearRenewal, October 2026: AED 84,000 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 1407 sits

All 190 1-beds →

1407 last sold in February 2011 at AED 778 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 778). 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. 1407's AED 84,000 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 14th floor

All 300 units in Time Place Tower
Value
14011-bedAED 720K · Apr 2013
14021-bedAED 993K · Jul 2018
14031-bedAED 1.25M · Aug 2024
14042-bedAED 1.94M · Feb 2025
14052-bedAED 996K · Oct 2012
14063-bedAED 1.55M · May 2021
14081-bedAED 830K · Oct 2022
1–7 of 8

1407, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 28 February 2011 for AED 677,034, or AED 778 per sqft.
  • Rented since April 2019 on 7 Ejari contracts, from AED 60,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2011 price is 12.4%, 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 1 October 2026.

Questions about 1407, Time Place Tower

What did unit 1407 last sell for?

AED 677,034 on 28 February 2011, sold by the developer: AED 778 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 84,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 88,000; the unit has been rented since April 2019.

How big is unit 1407?

869 sqft (80.7 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2009.

What is unit 1407 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 1407, Time Place Tower

Starts from the last sale price (AED 677K, 28 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 677,034
Deposit, UAE resident (20%)
AED 135,407
Deposit, non-resident (40%)
AED 270,814
Monthly over 25 years at 3.7%
AED 2,770

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