1-bed · 704 sqftTime Place Tower, Dubai Marina · 20th floor · completed 2009

2009, Time Place Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 544K23 February 2010
Current rentAED 76K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Time Place Tower

What is 2009 worth today?

Last sold for AED 543,628 in 2010

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2 Jul 2026RentedRenewal
AED 76,411/yr6 months · AED 109 per sqft
2 Sep 2025RentedRenewal
AED 80,400/yr10 months · AED 114 per sqft
2 Sep 2024RentedNew contract
AED 78,200/yr12 months · AED 111 per sqft
2 Sep 2024RentedNew contract
AED 78,200/yr12 months · AED 111 per sqft
2 Sep 2023RentedNew contract
AED 68,000/yr12 months · AED 97 per sqft
15 Aug 2022RentedRenewal
AED 49,000/yr12 months · AED 70 per sqft
15 Aug 2021RentedRenewal
AED 41,000/yr12 months · AED 59 per sqft
15 Aug 2020RentedNew contract
AED 41,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
20th of 34
Parking
45(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 16,200 /yr
Last sold
AED 544K · February 2010

About 2009, Time Place Tower

2009 is a one-bedroom apartment of 704 sqft on the 20th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 23 February 2010 for AED 543,628, or AED 772 per sqft, in line with the AED 769 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 76,411 a year: a gross yield of 14.1% on the 2010 price, before the service charge of about AED 16,200 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, 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, February 2010: AED 543,628 (AED 772 per sqft)

2009 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, each contractTypical one-bed in Time Place Tower
50K75K2012201620202024Typical 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, June 2014: AED 80,000 a yearNew contract, June 2015: AED 87,000 a yearRenewal, June 2016: AED 80,000 a yearNew contract, July 2017: AED 75,000 a yearNew contract, August 2020: AED 41,000 a yearRenewal, August 2021: AED 41,000 a yearRenewal, August 2022: AED 49,000 a yearNew contract, September 2023: AED 68,000 a yearNew contract, September 2024: AED 78,200 a yearNew contract, September 2024: AED 78,200 a yearRenewal, September 2025: AED 80,400 a yearRenewal, July 2026: AED 76,411 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 2009 sits

All 190 1-beds →

2009 last sold in February 2010 at AED 772 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 769). 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. 2009's AED 76,411 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 20th floor

All 300 units in Time Place Tower
Value
20011-bedAED 1.24M · Jan 2025
20021-bedAED 1.52M · Mar 2025
20031-bedAED 1M · Dec 2015
20042-bedAED 800K · Mar 2012
20052-bedAED 860K · Jan 2017
20063-bedAED 1.67M · Jun 2015
20071-bedAED 724K · Nov 2014
1–7 of 8

2009, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 23 February 2010 for AED 543,628, or AED 772 per sqft.
  • Rented since June 2014 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 41,000 in 2021 and recovered to AED 76,411 by July 2026.
  • At AED 76,411 a year the gross yield on the 2010 price is 14.1%, before a service charge of about AED 16,200 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 2 July 2026.

Questions about 2009, Time Place Tower

What did unit 2009 last sell for?

AED 543,628 on 23 February 2010, sold by the developer: AED 772 per sqft for 704 sqft. It is the only registered sale of the unit.

What is the rent for unit 2009?

AED 76,411 a year on the contract renewed on 2 July 2026. The previous contract, from September 2025, was AED 80,400; the unit has been rented since June 2014.

How big is unit 2009?

704 sqft (65.4 sqm): a one-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.

What is unit 2009 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 2009, Time Place Tower

Starts from the last sale price (AED 544K, 23 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 543,628
Deposit, UAE resident (20%)
AED 108,726
Deposit, non-resident (40%)
AED 217,451
Monthly over 25 years at 3.7%
AED 2,224

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