1V1, Time Place Tower
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1V1, Time Place Tower
What is 1V1 worth today?
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Source: Dubai Land Department. Updated 15 October 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 3,377 sqft
- Floor
- 1st of 34
- Parking
- 42(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 77,700 /yr
- Last sold
- AED 1.5M · March 2011
- Building
- Time Place Tower
About 1V1, Time Place Tower
1V1 is a three-bedroom apartment of 3,377 sqft on the 1st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 10 March 2011 for AED 1,500,000, or AED 444 per sqft, 49% below the AED 877 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 125,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 77,700 a year.
Sales and rents for 1V1 over time
1V1 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Time Place Tower, and where 1V1 sits
All 33 3-beds →1V1 last sold in March 2011 at AED 444 per sqft, 49% below what three-beds in Time Place Tower were fetching at the time (AED 877). Over the last 12 months three-beds sold for AED 2,800,000 to 3,200,000, around AED 1,543 per sqft, and rent for AED 140,000 to 195,000 a year. 1V1's AED 125,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Apr 202624 April 2026 | 1,944 sqft | 2,800,000 | 1,440 | ||
| 24 Nov 202524 November 2025 | 1,944 sqft | 3,200,000 | 1,645 | ||
| 23 May 202523 May 2025 | 1,891 sqft | 3,675,000 | 1,943 | ||
| 11 Mar 202511 March 2025 | 1,891 sqft | 1,500,000 | 793 |
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 1st floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | Studio | 454 sqft | AED 603KAED 602,855 · Feb 2010February 2010 | 68,250 /yr | |
| 103 | 1-bed | 873 sqft | AED 1.52MAED 1,520,000 · Sep 2026September 2026 | 116,968 /yr | |
| 104 | 2-bed | 1,246 sqft | AED 1.15MAED 1,150,000 · Jul 2019July 2019 | 124,000 /yr | |
| 105 | 1-bed | 906 sqft | AED 875KAED 875,000 · Dec 2021December 2021 | 53,000 /yr |
1V1, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 10 March 2011 for AED 1,500,000, or AED 444 per sqft.
- Rented since January 2017 on 4 Ejari contracts, from AED 200,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 77,700 a year (AED 23.00 per sqft).
- Three-beds in Time Place Tower sold for AED 2,800,000–3,200,000 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 15 October 2021.
Questions about 1V1, Time Place Tower
What did unit 1V1 last sell for?
AED 1,500,000 on 10 March 2011, sold by the developer: AED 444 per sqft for 3,377 sqft. It is the only registered sale of the unit.
What is the rent for unit 1V1?
AED 125,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 125,000; the unit has been rented since January 2017.
How big is unit 1V1?
3,377 sqft (313.7 sqm): a three-bedroom apartment on the 1st floor of a 34-storey tower completed in 2009.
What is unit 1V1 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Time Place Tower sold for AED 2,800,000 to 3,200,000 in the last 12 months, around AED 1,543 per sqft.
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Mortgage on 1V1, Time Place Tower
Starts from the last sale price (AED 1.5M, 10 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →