1-bed · 815 sqftTime Place Tower, Dubai Marina · 15th floor · completed 2009

1503, Time Place Tower

Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.03M11 March 2018
Current rentAED 80K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Time Place Tower

What is 1503 worth today?

Last sold for AED 1,025,000 in 2018

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15 May 2026RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
17 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
1 Apr 2023RentedNew contract
AED 78,000/yr12 months · AED 95 per sqft
4 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
13 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
13 Dec 2019RentedRenewal
AED 62,000/yr12 months · AED 76 per sqft
13 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
1 Apr 2018RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
15th of 34
Parking
62(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.03M · March 2018

About 1503, Time Place Tower

1503 is a one-bedroom apartment of 815 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 March 2018 for AED 1,025,000, or AED 1,256 per sqft, in line with the AED 1,222 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 May 2026, is AED 80,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, May 2010: AED 701,287 (AED 859 per sqft)Sold, June 2010: AED 720,000 (AED 882 per sqft)Sold, March 2018: AED 1,025,000 (AED 1,256 per sqft)

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Time Place Tower
40K60K80K2012201620202024Typical 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, August 2017: AED 70,000 a yearNew contract, April 2018: AED 75,000 a yearNew contract, December 2018: AED 68,000 a yearRenewal, December 2019: AED 62,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, November 2021: AED 55,000 a yearNew contract, April 2023: AED 78,000 a yearNew contract, March 2024: AED 85,000 a yearNew contract, May 2026: AED 80,000 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 1503 sits

All 190 1-beds →

1503 last sold in March 2018 at AED 1,256 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,222). 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. 1503's AED 80,000 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 15th floor

All 300 units in Time Place Tower
Value
15011-bedAED 850K · Jan 2023
15021-bedAED 1.54M · Aug 2025
15042-bedAED 1.45M · Apr 2023
15052-bedAED 1.6M · May 2016
15063-bedAED 1.65M · Jul 2021
15071-bedAED 900K · Mar 2023
15081-bedAED 770K · Apr 2012
1–7 of 8

1503, Time Place Tower in numbers

  • Sold 3 times: first on 12 May 2010 for AED 701,287, last on 11 March 2018 for AED 1,025,000 (AED 1,256 per sqft).
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2020 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 18,800 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 15 May 2026.

Questions about 1503, Time Place Tower

What did unit 1503 last sell for?

AED 1,025,000 on 11 March 2018: AED 1,256 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 701,287 in May 2010.

What is the rent for unit 1503?

AED 80,000 a year on the contract signed on 15 May 2026. The previous contract, from March 2024, was AED 85,000; the unit has been rented since August 2017.

How big is unit 1503?

815 sqft (75.7 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.

What is unit 1503 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 1503, Time Place Tower

Starts from the last sale price (AED 1.03M, 11 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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