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1-bed · 704 sqftTime Place Tower, Dubai Marina · 14th floor · completed 2009

1409, Time Place Tower

Sold prices and rental history: sold twice, last in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 29 April 2018
Last soldAED 840K29 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1409, Time Place Tower

What is 1409 worth today?

Last sold for AED 840,000 in 2018

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29 Apr 2018SoldReady
AED 840,000AED 1,193 per sqft
29 Dec 2013Sold by developerReady
AED 508,174AED 722 per sqft

Source: Dubai Land Department. Updated 29 April 2018.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
14th of 34
Parking
9(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 16,200 /yr
Last sold
AED 840K · April 2018
Building
Time Place Tower

About 1409, Time Place Tower

1409 is a one-bedroom apartment of 704 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 29 April 2018 for AED 840,000, or AED 1,193 per sqft, in line with the AED 1,225 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, December 2013: AED 508,174 (AED 722 per sqft)Sold, April 2018: AED 840,000 (AED 1,193 per sqft)

1409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, 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 80,000

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 1409 sits

All 190 1-beds →

1409 last sold in April 2018 at AED 1,193 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,225). 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.

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
14071-bedAED 677K · Feb 2011
1–7 of 8

1409, Time Place Tower in numbers

  • Sold twice: first on 29 December 2013 for AED 508,174, last on 29 April 2018 for AED 840,000 (AED 1,193 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 29 April 2018.

Questions about 1409, Time Place Tower

What did unit 1409 last sell for?

AED 840,000 on 29 April 2018: AED 1,193 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 508,174 in December 2013.

How big is unit 1409?

704 sqft (65.4 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2009.

What is unit 1409 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 1409, Time Place Tower

Starts from the last sale price (AED 840K, 29 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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