409, Time Place Tower
Sold prices and rental history: sold 4 times, last in August 2024, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Time Place Tower
What is 409 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 4th of 34
- Parking
- 97(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.09M · August 2024
- Building
- Time Place Tower
About 409, Time Place Tower
409 is a one-bedroom apartment of 704 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 7 August 2024 for AED 1,085,000, or AED 1,541 per sqft, 12% above the AED 1,382 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 92,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 409 over time
409 has sold 4 times; 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 409 sits
All 190 1-beds →409 last sold in August 2024 at AED 1,541 per sqft, 12% above what one-beds in Time Place Tower were fetching at the time (AED 1,382). 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. 409's AED 92,000 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 692 sqft | AED 337KAED 336,886 · Aug 2016August 2016 | 75,000 /yr | |
| 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, Time Place Tower in numbers
- Sold 4 times: first on 18 July 2011 for AED 224,542, last on 7 August 2024 for AED 1,085,000 (AED 1,541 per sqft).
- Rented since January 2023 on one Ejari contract, at AED 92,000 a year.
- At AED 92,000 a year the gross yield on the 2024 price is 8.5%, 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 7 August 2024.
Questions about 409, Time Place Tower
What did unit 409 last sell for?
AED 1,085,000 on 7 August 2024: AED 1,541 per sqft for 704 sqft. The unit has 4 registered sales; the first was AED 224,542 in July 2011.
What is the rent for unit 409?
AED 92,000 a year on the contract signed on 1 January 2023.
How big is unit 409?
704 sqft (65.4 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2009.
What is unit 409 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.
Selling 409? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 409, Time Place Tower
Starts from the last sale price (AED 1.09M, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,085,000
- Deposit, UAE resident (20%)
- AED 217,000
- Deposit, non-resident (40%)
- AED 434,000
- Monthly over 25 years at 3.7%
- AED 4,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →