1-bed · 789 sqftTime Place Tower, Dubai Marina · 18th floor · completed 2009

1808, Time Place Tower

Sold prices and rental history: sold 3 times, 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.

Unit 1808 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 875K12 January 2023
Current rentAED 95K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Time Place Tower

What is 1808 worth today?

Last sold for AED 875,000 in 2023

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1 Mar 2024RentedRenewal
AED 95,000/yr12 months · AED 120 per sqft
1 Mar 2024RentedRenewal
AED 95,000/yr12 months · AED 120 per sqft
1 Mar 2023RentedNew contract
AED 95,000/yr12 months · AED 120 per sqft
12 Jan 2023SoldReady
AED 875,000AED 1,109 per sqft
31 Jan 2022RentedRenewal
AED 58,500/yr12 months · AED 74 per sqft
31 Jan 2021RentedRenewal
AED 52,000/yr12 months · AED 66 per sqft
31 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
1 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
18th of 34
Parking
52(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 875K · January 2023

About 1808, Time Place Tower

1808 is a one-bedroom apartment of 789 sqft on the 18th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 12 January 2023 for AED 875,000, or AED 1,109 per sqft, 4% above the AED 1,065 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 95,000 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, 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, August 2010: AED 584,449 (AED 741 per sqft)Sold, March 2018: AED 1,000,000 (AED 1,268 per sqft)Sold, January 2023: AED 875,000 (AED 1,109 per sqft)

1808 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1808, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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, November 2013: AED 80,000 a yearNew contract, November 2014: AED 80,000 a yearNew contract, August 2017: AED 65,616 a yearNew contract, December 2018: AED 70,000 a yearNew contract, January 2020: AED 60,000 a yearRenewal, January 2021: AED 52,000 a yearRenewal, January 2022: AED 58,500 a yearNew contract, March 2023: AED 95,000 a yearRenewal, March 2024: AED 95,000 a yearRenewal, March 2024: AED 95,000 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 1808 sits

All 190 1-beds →

1808 last sold in January 2023 at AED 1,109 per sqft, 4% 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. 1808's AED 95,000 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 18th floor

All 300 units in Time Place Tower
Value
18011-bedAED 1.15M · Nov 2025
18021-bedAED 1.22M · Jun 2024
18031-bedAED 1.05M · Apr 2025
18042-bedAED 1.58M · Jun 2013
18052-bedAED 1.04M · Apr 2010
18063-bedAED 1.64M · Nov 2009
18071-bedAED 708K · Mar 2010
1–7 of 8

1808, Time Place Tower in numbers

  • Sold 3 times: first on 22 August 2010 for AED 584,449, last on 12 January 2023 for AED 875,000 (AED 1,109 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2021 and recovered to AED 95,000 by March 2024.
  • At AED 95,000 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 18,100 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 March 2024.

Questions about 1808, Time Place Tower

What did unit 1808 last sell for?

AED 875,000 on 12 January 2023: AED 1,109 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 584,449 in August 2010.

What is the rent for unit 1808?

AED 95,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2024, was AED 95,000; the unit has been rented since November 2013.

How big is unit 1808?

789 sqft (73.3 sqm): a one-bedroom apartment on the 18th floor of a 34-storey tower completed in 2009.

What is unit 1808 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 1808, Time Place Tower

Starts from the last sale price (AED 875K, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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