503, Time Place Tower
Sold prices and rental history: sold twice, last in February 2014, 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 503, Time Place Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 27 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 5th of 34
- Parking
- 7(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.1M · February 2014
- Building
- Time Place Tower
About 503, Time Place Tower
503 is a one-bedroom apartment of 815 sqft on the 5th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 10 February 2014 for AED 1,100,000, or AED 1,348 per sqft, 59% above the AED 848 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 27 August 2026, is AED 80,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 18,800 a year.
Sales and rents for 503 over time
503 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 503 sits
All 190 1-beds →503 last sold in February 2014 at AED 1,348 per sqft, 59% above what one-beds in Time Place Tower were fetching at the time (AED 848). 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. 503'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 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 | |
| 502 | 1-bed | 787 sqft | AED 265KAED 264,515 · Feb 2010February 2010 | 85,000 /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 |
503, Time Place Tower in numbers
- Sold twice: first on 11 February 2013 for AED 517,028, last on 10 February 2014 for AED 1,100,000 (AED 1,348 per sqft).
- Rented since March 2016 on 11 Ejari contracts. The rent fell from AED 92,000 to AED 70,000 in 2022 and recovered to AED 80,000 by August 2026.
- At AED 80,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 18,800 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 27 August 2026.
Questions about 503, Time Place Tower
What did unit 503 last sell for?
AED 1,100,000 on 10 February 2014: AED 1,348 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 517,028 in February 2013.
What is the rent for unit 503?
AED 80,000 a year on the contract renewed on 27 August 2026. The previous contract, from August 2025, was AED 90,000; the unit has been rented since March 2016.
How big is unit 503?
815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 34-storey tower completed in 2009.
What is unit 503 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 503, Time Place Tower
Starts from the last sale price (AED 1.1M, 10 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →