402, Time Place Tower
Sold prices and rental history: sold twice, last in September 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 402, Time Place Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 10 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 4th of 34
- Parking
- 36(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 930K · September 2016
- Building
- Time Place Tower
About 402, Time Place Tower
402 is a one-bedroom apartment of 787 sqft on the 4th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 20 September 2016 for AED 930,000, or AED 1,182 per sqft, 6% above the AED 1,115 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 October 2021, is AED 42,462 a year: a gross yield of 4.6% on the 2016 price, before the service charge of about AED 18,100 a year.
Sales and rents for 402 over time
402 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 402 sits
All 190 1-beds →402 last sold in September 2016 at AED 1,182 per sqft, 6% above what one-beds in Time Place Tower were fetching at the time (AED 1,115). 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. 402's AED 42,462 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 692 sqft | AED 337KAED 336,886 · Aug 2016August 2016 | 75,000 /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 |
402, Time Place Tower in numbers
- Sold twice: first on 3 October 2013 for AED 522,022, last on 20 September 2016 for AED 930,000 (AED 1,182 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 66,000 to AED 42,462 a year.
- At AED 42,462 a year the gross yield on the 2016 price is 4.6%, before a service charge of about AED 18,100 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 10 October 2021.
Questions about 402, Time Place Tower
What did unit 402 last sell for?
AED 930,000 on 20 September 2016: AED 1,182 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 522,022 in October 2013.
What is the rent for unit 402?
AED 42,462 a year on the contract signed on 10 October 2021. The previous contract, from October 2020, was AED 40,000; the unit has been rented since August 2013.
How big is unit 402?
787 sqft (73.1 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2009.
What is unit 402 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 402, Time Place Tower
Starts from the last sale price (AED 930K, 20 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →