401, Time Place Tower
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Time Place Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 4th of 34
- Parking
- 46(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 337K · August 2016
- Building
- Time Place Tower
About 401, Time Place Tower
401 is a one-bedroom apartment of 692 sqft on the 4th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 28 August 2016 for AED 336,886, or AED 486 per sqft, 42% below the AED 836 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 26 January 2026, is AED 75,000 a year: a gross yield of 22.3% on the 2016 price, before the service charge of about AED 15,900 a year.
Sales and rents for 401 over time
401 has sold once; 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 401 sits
All 190 1-beds →401 last sold in August 2016 at AED 486 per sqft, 42% below what one-beds in Time Place Tower were fetching at the time (AED 836). 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. 401's AED 75,000 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 4th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 787 sqft | AED 930KAED 930,000 · Sep 2016September 2016 | 42,462 /yr | |
| 403 | 1-bed | 815 sqft | AED 510KAED 510,225 · Nov 2009November 2009 | 96,000 /yr | |
| 404 | 2-bed | 1,226 sqft | AED 835KAED 834,603 · Feb 2010February 2010 | 110,000 /yr | |
| 405 | 2-bed | 1,314 sqft | AED 882KAED 882,414 · Mar 2010March 2010 | 110,000 /yr | |
| 406 | 3-bed | 1,944 sqft | AED 2.21MAED 2,211,900 · Apr 2016April 2016 | 150,000 /yr | |
| 407 | 1-bed | 869 sqft | AED 725KAED 725,000 · Nov 2021November 2021 | 43,500 /yr | |
| 408 | 1-bed | 789 sqft | AED 494KAED 494,037 · Nov 2009November 2009 | 58,000 /yr | |
| 409 | 1-bed | 704 sqft | AED 1.09MAED 1,085,000 · Aug 2024August 2024 | 92,000 /yr |
401, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 28 August 2016 for AED 336,886, or AED 486 per sqft.
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 53,000 to AED 45,000 in 2021 and recovered to AED 75,000 by January 2026.
- At AED 75,000 a year the gross yield on the 2016 price is 22.3%, before a service charge of about AED 15,900 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 26 January 2026.
Questions about 401, Time Place Tower
What did unit 401 last sell for?
AED 336,886 on 28 August 2016, sold by the developer: AED 486 per sqft for 692 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 75,000 a year on the contract signed on 26 January 2026. The previous contract, from September 2025, was AED 75,000; the unit has been rented since July 2013.
How big is unit 401?
692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2009.
What is unit 401 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 401, Time Place Tower
Starts from the last sale price (AED 337K, 28 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 336,886
- Deposit, UAE resident (20%)
- AED 67,377
- Deposit, non-resident (40%)
- AED 134,754
- Monthly over 25 years at 3.7%
- AED 1,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →