1607, Time Place Tower
Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Time Place Tower
What is 1607 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 29 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 16th of 34
- Parking
- 3(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.4M · January 2026
- Building
- Time Place Tower
About 1607, Time Place Tower
1607 is a one-bedroom apartment of 869 sqft on the 16th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 29 January 2026 for AED 1,400,000, or AED 1,610 per sqft, 3% above the AED 1,563 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 December 2024, is AED 84,808 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1607 over time
1607 has sold 3 times; 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 1607 sits
All 190 1-beds →1607 last sold in January 2026 at AED 1,610 per sqft, 3% above what one-beds in Time Place Tower were fetching at the time (AED 1,563). 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. 1607's AED 84,808 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 16th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 692 sqft | AED 710KAED 710,000 · Sep 2022September 2022 | 43,000 /yr | |
| 1602 | 1-bed | 787 sqft | AED 606KAED 606,106 · Apr 2010April 2010 | 65,000 /yr | |
| 1603 | 1-bed | 815 sqft | AED 875KAED 875,000 · Dec 2022December 2022 | 75,000 /yr | |
| 1604 | 2-bed | 1,226 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1605 | 2-bed | 1,314 sqft | AED 1.83MAED 1,825,000 · Oct 2026October 2026 | 80,000 /yr | |
| 1606 | 3-bed | 1,944 sqft | AED 2.23MAED 2,230,000 · Jun 2023June 2023 | 150,000 /yr | |
| 1608 | 1-bed | 789 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 73,063 /yr | |
| 1609 | 1-bed | 704 sqft | AED 520KAED 519,992 · Feb 2010February 2010 | 15,600 /yr |
1607, Time Place Tower in numbers
- Sold 3 times: first on 31 December 2013 for AED 727,228, last on 29 January 2026 for AED 1,400,000 (AED 1,610 per sqft).
- Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2020 and recovered to AED 84,808 by December 2024.
- At AED 84,808 a year the gross yield on the 2026 price is 6.1%, 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 29 January 2026.
Questions about 1607, Time Place Tower
What did unit 1607 last sell for?
AED 1,400,000 on 29 January 2026: AED 1,610 per sqft for 869 sqft. The unit has 3 registered sales; the first was AED 727,228 in December 2013.
What is the rent for unit 1607?
AED 84,808 a year on the contract signed on 15 December 2024. The previous contract, from December 2024, was AED 84,808; the unit has been rented since July 2016.
How big is unit 1607?
869 sqft (80.7 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2009.
What is unit 1607 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.
Selling 1607? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1607, Time Place Tower
Starts from the last sale price (AED 1.4M, 29 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →