1501, Time Place Tower
Sold prices and rental history: sold twice, last in January 2023, 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 1501, Time Place Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 11 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 15th of 34
- Parking
- 43(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 850K · January 2023
- Building
- Time Place Tower
About 1501, Time Place Tower
1501 is a one-bedroom apartment of 692 sqft on the 15th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 11 January 2023 for AED 850,000, or AED 1,228 per sqft, 15% above the AED 1,065 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 48,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1501 over time
1501 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 1501 sits
All 190 1-beds →1501 last sold in January 2023 at AED 1,228 per sqft, 15% above what one-beds in Time Place Tower were fetching at the time (AED 1,065). 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. 1501's AED 48,000 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 15th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 787 sqft | AED 1.54MAED 1,535,000 · Aug 2025August 2025 | 67,000 /yr | |
| 1503 | 1-bed | 815 sqft | AED 1.03MAED 1,025,000 · Mar 2018March 2018 | 80,000 /yr | |
| 1504 | 2-bed | 1,226 sqft | AED 1.45MAED 1,450,000 · Apr 2023April 2023 | 109,580 /yr | |
| 1505 | 2-bed | 1,314 sqft | AED 1.6MAED 1,600,000 · May 2016May 2016 | 120,000 /yr | |
| 1506 | 3-bed | 1,944 sqft | AED 1.65MAED 1,650,000 · Jul 2021July 2021 | 155,000 /yr | |
| 1507 | 1-bed | 869 sqft | AED 900KAED 900,000 · Mar 2023March 2023 | 68,212 /yr | |
| 1508 | 1-bed | 789 sqft | AED 770KAED 770,000 · Apr 2012April 2012 | 60,000 /yr | |
| 1509 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 105,000 /yr |
1501, Time Place Tower in numbers
- Sold twice: first on 23 February 2010 for AED 513,315, last on 11 January 2023 for AED 850,000 (AED 1,228 per sqft).
- Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 48,000 by May 2022.
- At AED 48,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 15,900 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 11 January 2023.
Questions about 1501, Time Place Tower
What did unit 1501 last sell for?
AED 850,000 on 11 January 2023: AED 1,228 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 513,315 in February 2010.
What is the rent for unit 1501?
AED 48,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 40,000; the unit has been rented since January 2013.
How big is unit 1501?
692 sqft (64.3 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.
What is unit 1501 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 1501, Time Place Tower
Starts from the last sale price (AED 850K, 11 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →