502, Time Place Tower
Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Time Place Tower
What is 502 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 16 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 5th of 34
- Parking
- 5(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 265K · February 2010
- Building
- Time Place Tower
About 502, Time Place Tower
502 is a one-bedroom apartment of 787 sqft on the 5th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 3 February 2010 for AED 264,515, or AED 336 per sqft, 58% below the AED 801 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 16 October 2025, is AED 85,000 a year: a gross yield of 32.1% on the 2010 price, before the service charge of about AED 18,100 a year.
Sales and rents for 502 over time
502 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 502 sits
All 190 1-beds →502 last sold in February 2010 at AED 336 per sqft, 58% below what one-beds in Time Place Tower were fetching at the time (AED 801). 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. 502's AED 85,000 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 5th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 692 sqft | AED 343KAED 342,925 · Aug 2016August 2016 | 77,000 /yr | |
| 503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Feb 2014February 2014 | 80,000 /yr | |
| 504 | 2-bed | 1,226 sqft | AED 845KAED 845,442 · Feb 2011February 2011 | 110,000 /yr | |
| 505 | 2-bed | 1,314 sqft | AED 1.1MAED 1,100,000 · Jun 2020June 2020 | 252,000 /yr | |
| 506 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 195,000 /yr | |
| 507 | 1-bed | 869 sqft | AED 607KAED 606,996 · Oct 2009October 2009 | 85,211 /yr | |
| 508 | 1-bed | 789 sqft | AED 500KAED 500,495 · Feb 2010February 2010 | 73,000 /yr | |
| 509 | 1-bed | 704 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 85,000 /yr |
502, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 3 February 2010 for AED 264,515, or AED 336 per sqft.
- Rented since March 2022 on 5 Ejari contracts, from AED 75,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2010 price is 32.1%, 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 16 October 2025.
Questions about 502, Time Place Tower
What did unit 502 last sell for?
AED 264,515 on 3 February 2010, sold by the developer: AED 336 per sqft for 787 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 85,000 a year on the contract renewed on 16 October 2025. The previous contract, from October 2024, was AED 81,000; the unit has been rented since March 2022.
How big is unit 502?
787 sqft (73.1 sqm): a one-bedroom apartment on the 5th floor of a 34-storey tower completed in 2009.
What is unit 502 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 502? 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 502, Time Place Tower
Starts from the last sale price (AED 265K, 3 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 264,515
- Deposit, UAE resident (20%)
- AED 52,903
- Deposit, non-resident (40%)
- AED 105,806
- Monthly over 25 years at 3.7%
- AED 1,082
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →