1-bed · 704 sqftTime Place Tower, Dubai Marina · 6th floor · completed 2009

609, Time Place Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 1.1M9 August 2024
Current rentAED 70K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Time Place Tower

What is 609 worth today?

Last sold for AED 1,100,000 in 2024

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10 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
31 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 150 per sqft
28 Oct 2024RentedNew contract
AED 92,000/yr12 months · AED 131 per sqft
28 Oct 2024RentedNew contract
AED 92,000/yr12 months · AED 131 per sqft
9 Aug 2024SoldReady
AED 1,100,000AED 1,563 per sqft
19 Sep 2023SoldReady
AED 890,000AED 1,264 per sqft
12 Aug 2020RentedNew contract
AED 44,000/yr12 months · AED 63 per sqft
2 Feb 2019RentedRenewal
AED 70,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
6th of 34
Parking
15(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 16,200 /yr
Last sold
AED 1.1M · August 2024

About 609, Time Place Tower

609 is a one-bedroom apartment of 704 sqft on the 6th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 9 August 2024 for AED 1,100,000, or AED 1,563 per sqft, 12% above the AED 1,394 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 August 2026, is AED 70,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 493,178; 2012 AED 630,000; 2013 AED 613,113; 2014 AED 1,050,000; 2015 AED 715,470; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 965,000; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 950,000; 2024 AED 1,100,000; 2025 AED 1,235,000; 2026 AED 1,275,000Sold by developer, February 2010: AED 460,902 (AED 654 per sqft)Sold, September 2023: AED 890,000 (AED 1,264 per sqft)Sold, August 2024: AED 1,100,000 (AED 1,563 per sqft)

609 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 609, each contractTypical one-bed in Time Place Tower
50K100K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 84,000; 2015 AED 87,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 71,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 80,000New contract, March 2013: AED 57,000 a yearNew contract, February 2018: AED 70,000 a yearRenewal, February 2019: AED 70,000 a yearNew contract, August 2020: AED 44,000 a yearNew contract, October 2024: AED 92,000 a yearNew contract, October 2024: AED 92,000 a yearNew contract, October 2025: AED 105,000 a yearNew contract, August 2026: AED 70,000 a year

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 609 sits

All 190 1-beds →

609 last sold in August 2024 at AED 1,563 per sqft, 12% above what one-beds in Time Place Tower were fetching at the time (AED 1,394). 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. 609's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,000,000
22 Oct 20261,250,000
10 Sep 20261,520,000
25 Aug 20261,470,000
13 1-bed sales in the last 12 months

Time Place Tower

Building

300 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%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 300 units in Time Place Tower
Value
6011-bedAED 1M · Oct 2026
6021-bedAED 1.11M · May 2024
6031-bedAED 700K · Jan 2021
6042-bedAED 856K · Nov 2009
6052-bedAED 1.9M · Jul 2024
6063-bedAED 2.8M · Apr 2026
6071-bedAED 550K · Oct 2011
1–7 of 8

609, Time Place Tower in numbers

  • Sold 3 times: first on 2 February 2010 for AED 460,902, last on 9 August 2024 for AED 1,100,000 (AED 1,563 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 44,000 in 2020 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.4%, 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 10 August 2026.

Questions about 609, Time Place Tower

What did unit 609 last sell for?

AED 1,100,000 on 9 August 2024: AED 1,563 per sqft for 704 sqft. The unit has 3 registered sales; the first was AED 460,902 in February 2010.

What is the rent for unit 609?

AED 70,000 a year on the contract signed on 10 August 2026. The previous contract, from October 2025, was AED 105,000; the unit has been rented since March 2013.

How big is unit 609?

704 sqft (65.4 sqm): a one-bedroom apartment on the 6th floor of a 34-storey tower completed in 2009.

What is unit 609 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 609, Time Place Tower

Starts from the last sale price (AED 1.1M, 9 August 2024). 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 →