309, Time Place Tower
Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Time Place Tower
What is 309 worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 352 sqft
- Floor
- 3rd of 34
- Parking
- 21(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 8,100 /yr
- Last sold
- AED 350K · November 2021
- Building
- Time Place Tower
About 309, Time Place Tower
309 is a one-bedroom apartment of 352 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 17 November 2021 for AED 350,000, or AED 994 per sqft, 6% above the AED 936 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 22 August 2024, is AED 80,000 a year: a gross yield of 22.9% on the 2021 price, before the service charge of about AED 8,100 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the one-bed median of each year in the building.
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 309 sits
All 190 1-beds →309 last sold in November 2021 at AED 994 per sqft, 6% above what one-beds in Time Place Tower were fetching at the time (AED 936). 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. 309's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 692 sqft | 1,000,000 | 1,445 | ||
| 22 Oct 202622 October 2026 | 878 sqft | 1,250,000 | 1,423 | ||
| 10 Sep 202610 September 2026 | 873 sqft | 1,520,000 | 1,741 | ||
| 25 Aug 202625 August 2026 | 815 sqft | 1,470,000 | 1,802 |
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 3rd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 692 sqft | AED 850KAED 850,000 · May 2017May 2017 | 75,000 /yr | |
| 302 | 1-bed | 787 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | 60,000 /yr | |
| 303 | 1-bed | 815 sqft | AED 1.28MAED 1,275,000 · Aug 2025August 2025 | 70,000 /yr | |
| 304 | 2-bed | 1,226 sqft | AED 1MAED 1,000,000 · Aug 2021August 2021 | 132,000 /yr | |
| 305 | 2-bed | 1,314 sqft | AED 1.12MAED 1,120,000 · Jan 2018January 2018 | 115,000 /yr | |
| 306 | 3-bed | 1,944 sqft | AED 1.38MAED 1,375,864 · Jun 2013June 2013 | 230,000 /yr | |
| 307 | 1-bed | 869 sqft | AED 1.25MAED 1,250,000 · Dec 2013December 2013 | 83,000 /yr | |
| 308 | 1-bed | 789 sqft | AED 950KAED 950,000 · Dec 2015December 2015 | 72,000 /yr |
309, Time Place Tower in numbers
- Sold twice: first on 13 October 2011 for AED 443,175, last on 17 November 2021 for AED 350,000 (AED 994 per sqft).
- Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2020 and recovered to AED 80,000 by August 2024.
- At AED 80,000 a year the gross yield on the 2021 price is 22.9%, before a service charge of about AED 8,100 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 22 August 2024.
Questions about 309, Time Place Tower
What did unit 309 last sell for?
AED 350,000 on 17 November 2021: AED 994 per sqft for 352 sqft. The unit has 2 registered sales; the first was AED 443,175 in October 2011.
What is the rent for unit 309?
AED 80,000 a year on the contract signed on 22 August 2024. The previous contract, from August 2024, was AED 80,000; the unit has been rented since September 2016.
How big is unit 309?
352 sqft (32.7 sqm): a one-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.
What is unit 309 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 309, Time Place Tower
Starts from the last sale price (AED 350K, 17 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →