1505, Time Place Tower
Sold prices and rental history: sold twice, last in May 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Time Place Tower
What is 1505 worth today?
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Source: Dubai Land Department. Updated 26 May 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 15th of 34
- Parking
- 80(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 30,200 /yr
- Last sold
- AED 1.6M · May 2016
- Building
- Time Place Tower
About 1505, Time Place Tower
1505 is a two-bedroom apartment of 1,314 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 26 May 2016 for AED 1,600,000, or AED 1,217 per sqft, 15% above the AED 1,056 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 May 2015, is AED 120,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1505 over time
1505 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Time Place Tower, and where 1505 sits
All 68 2-beds →1505 last sold in May 2016 at AED 1,217 per sqft, 15% above what two-beds in Time Place Tower were fetching at the time (AED 1,056). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 1505's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 692 sqft | AED 850KAED 850,000 · Jan 2023January 2023 | 48,000 /yr | |
| 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 | |
| 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 |
1505, Time Place Tower in numbers
- Sold twice: first on 27 October 2013 for AED 1,006,857, last on 26 May 2016 for AED 1,600,000 (AED 1,217 per sqft).
- Rented since May 2013 on 3 Ejari contracts, from AED 90,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 30,200 a year (AED 23.00 per sqft).
- Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 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 26 May 2016.
Questions about 1505, Time Place Tower
What did unit 1505 last sell for?
AED 1,600,000 on 26 May 2016: AED 1,217 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 1,006,857 in October 2013.
What is the rent for unit 1505?
AED 120,000 a year on the contract signed on 15 May 2015. The previous contract, from May 2014, was AED 100,000; the unit has been rented since May 2013.
How big is unit 1505?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.
What is unit 1505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.
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Mortgage on 1505, Time Place Tower
Starts from the last sale price (AED 1.6M, 26 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →