1-bed · 815 sqftTime Place Tower, Dubai Marina · 19th floor · completed 2009

1903, Time Place Tower

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 1.18M13 January 2014
Current rentAED 60K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Time Place Tower

What is 1903 worth today?

Last sold for AED 1,180,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
19 May 2019RentedRenewal
AED 90,000/yr12 months · AED 110 per sqft
19 May 2018RentedNew contract
AED 102,000/yr12 months · AED 125 per sqft
18 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
13 Jan 2014SoldReady
AED 1,180,000AED 1,447 per sqft
18 Jul 2011Sold by developerReady
AED 366,953AED 449 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
19th of 34
Parking
105(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.18M · January 2014

About 1903, Time Place Tower

1903 is a one-bedroom apartment of 815 sqft on the 19th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 13 January 2014 for AED 1,180,000, or AED 1,447 per sqft, 71% above the AED 845 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 July 2021, is AED 60,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, 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, July 2011: AED 366,953 (AED 449 per sqft)Sold, January 2014: AED 1,180,000 (AED 1,447 per sqft)

1903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1903, 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, August 2017: AED 90,000 a yearNew contract, May 2018: AED 102,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, July 2021: AED 60,000 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 1903 sits

All 190 1-beds →

1903 last sold in January 2014 at AED 1,447 per sqft, 71% above what one-beds in Time Place Tower were fetching at the time (AED 845). 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. 1903's AED 60,000 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 19th floor

All 300 units in Time Place Tower
Value
19011-bedAED 537K · Jun 2011
19021-bedAED 1.1M · Jun 2021
19042-bedAED 2M · Jun 2014
19052-bedAED 1.5M · Dec 2017
19063-bedAED 1.48M · Nov 2019
19071-bedAED 825K · Jun 2022
19081-bedAED 1.15M · Feb 2024
1–7 of 8

1903, Time Place Tower in numbers

  • Sold twice: first on 18 July 2011 for AED 366,953, last on 13 January 2014 for AED 1,180,000 (AED 1,447 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 90,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 5.1%, 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 1 July 2021.

Questions about 1903, Time Place Tower

What did unit 1903 last sell for?

AED 1,180,000 on 13 January 2014: AED 1,447 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 366,953 in July 2011.

What is the rent for unit 1903?

AED 60,000 a year on the contract signed on 1 July 2021. The previous contract, from May 2019, was AED 90,000; the unit has been rented since August 2017.

How big is unit 1903?

815 sqft (75.7 sqm): a one-bedroom apartment on the 19th floor of a 34-storey tower completed in 2009.

What is unit 1903 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 1903? 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.

How OpenOffers works

Mortgage on 1903, Time Place Tower

Starts from the last sale price (AED 1.18M, 13 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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