1-bed · 869 sqftTime Place Tower, Dubai Marina · 3rd floor · completed 2009

307, Time Place Tower

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.25M28 December 2013
Current rentAED 83K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Time Place Tower

What is 307 worth today?

Last sold for AED 1,250,000 in 2013

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1 Aug 2024RentedNew contract
AED 83,000/yr12 months · AED 95 per sqft
15 Feb 2022RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
15 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
1 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
28 Dec 2013SoldReady
AED 1,250,000AED 1,437 per sqft
3 Oct 2013Sold by developerReady
AED 591,432AED 680 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
3rd of 34
Parking
72(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.25M · December 2013

About 307, Time Place Tower

307 is a one-bedroom apartment of 869 sqft on the 3rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 28 December 2013 for AED 1,250,000, or AED 1,437 per sqft, 69% above the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 August 2024, is AED 83,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 20,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, October 2013: AED 591,432 (AED 680 per sqft)Sold, December 2013: AED 1,250,000 (AED 1,437 per sqft)

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

Rents
Unit 307, 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, February 2014: AED 90,000 a yearNew contract, February 2021: AED 40,000 a yearRenewal, February 2022: AED 44,000 a yearNew contract, August 2024: AED 83,000 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 307 sits

All 190 1-beds →

307 last sold in December 2013 at AED 1,437 per sqft, 69% above what one-beds in Time Place Tower were fetching at the time (AED 848). 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. 307's AED 83,000 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 3rd floor

All 300 units in Time Place Tower
Value
3011-bedAED 850K · May 2017
3021-bedAED 1.15M · Dec 2025
3031-bedAED 1.28M · Aug 2025
3042-bedAED 1M · Aug 2021
3052-bedAED 1.12M · Jan 2018
3063-bedAED 1.38M · Jun 2013
3081-bedAED 950K · Dec 2015
1–7 of 8

307, Time Place Tower in numbers

  • Sold twice: first on 3 October 2013 for AED 591,432, last on 28 December 2013 for AED 1,250,000 (AED 1,437 per sqft).
  • Rented since February 2014 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2021 and recovered to AED 83,000 by August 2024.
  • At AED 83,000 a year the gross yield on the 2013 price is 6.6%, 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 1 August 2024.

Questions about 307, Time Place Tower

What did unit 307 last sell for?

AED 1,250,000 on 28 December 2013: AED 1,437 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 591,432 in October 2013.

What is the rent for unit 307?

AED 83,000 a year on the contract signed on 1 August 2024. The previous contract, from February 2022, was AED 44,000; the unit has been rented since February 2014.

How big is unit 307?

869 sqft (80.7 sqm): a one-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.

What is unit 307 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 307, Time Place Tower

Starts from the last sale price (AED 1.25M, 28 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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