1507, Time Place Tower
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Time Place Tower
What is 1507 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 15th of 34
- Parking
- 74(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 900K · March 2023
- Building
- Time Place Tower
About 1507, Time Place Tower
1507 is a one-bedroom apartment of 869 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 14 March 2023 for AED 900,000, or AED 1,035 per sqft, in line with the AED 1,058 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 68,212 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1507 over time
1507 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 1507 sits
All 190 1-beds →1507 last sold in March 2023 at AED 1,035 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,058). 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. 1507's AED 68,212 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
1507, Time Place Tower in numbers
- Sold twice: first on 26 April 2015 for AED 684,816, last on 14 March 2023 for AED 900,000 (AED 1,035 per sqft).
- Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 68,212 by June 2023.
- At AED 68,212 a year the gross yield on the 2023 price is 7.6%, 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 June 2023.
Questions about 1507, Time Place Tower
What did unit 1507 last sell for?
AED 900,000 on 14 March 2023: AED 1,035 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 684,816 in April 2015.
What is the rent for unit 1507?
AED 68,212 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 65,000; the unit has been rented since July 2015.
How big is unit 1507?
869 sqft (80.7 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.
What is unit 1507 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 1507, Time Place Tower
Starts from the last sale price (AED 900K, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →