1-bed · 815 sqftTime Place Tower, Dubai Marina · 7th floor · completed 2009

703, Time Place Tower

Sold prices and rental history: sold 4 times, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 950K21 February 2022
Current rentAED 105K /yr23 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Time Place Tower

What is 703 worth today?

Last sold for AED 950,000 in 2022

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23 Feb 2026RentedRenewal
AED 105,000/yr12 months · AED 128 per sqft
23 Feb 2025RentedRenewal
AED 105,000/yr12 months · AED 128 per sqft
23 Feb 2024RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
21 Feb 2022SoldReady
AED 950,000AED 1,164 per sqft
16 Sep 2021SoldReady
AED 750,000AED 919 per sqft
8 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
8 Jul 2019RentedNew contract
AED 72,000/yr12 months · AED 88 per sqft
23 May 2019SoldReady
AED 730,000AED 895 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
7th of 34
Parking
16(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 950K · February 2022

About 703, Time Place Tower

703 is a one-bedroom apartment of 815 sqft on the 7th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 21 February 2022 for AED 950,000, or AED 1,164 per sqft, 20% above the AED 968 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 23 February 2026, is AED 105,000 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2011: AED 265,317 (AED 325 per sqft)Sold, May 2019: AED 730,000 (AED 895 per sqft)Sold, September 2021: AED 750,000 (AED 919 per sqft)Sold, February 2022: AED 950,000 (AED 1,164 per sqft)

703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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, April 2013: AED 70,000 a yearNew contract, July 2017: AED 80,000 a yearNew contract, July 2018: AED 75,000 a yearNew contract, July 2019: AED 72,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, February 2024: AED 105,000 a yearRenewal, February 2025: AED 105,000 a yearRenewal, February 2026: AED 105,000 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 703 sits

All 190 1-beds →

703 last sold in February 2022 at AED 1,164 per sqft, 20% above what one-beds in Time Place Tower were fetching at the time (AED 968). 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. 703's AED 105,000 is in the upper 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 7th floor

All 300 units in Time Place Tower
Value
7011-bedAED 770K · Jun 2018
7021-bedAED 1.26M · Jan 2015
7042-bedAED 1.6M · May 2019
7052-bedAED 916K · Jan 2010
7063-bedAED 1.8M · Sep 2012
7071-bedAED 970K · Jun 2016
7081-bedAED 1.15M · Jun 2023
1–7 of 8

703, Time Place Tower in numbers

  • Sold 4 times: first on 18 July 2011 for AED 265,317, last on 21 February 2022 for AED 950,000 (AED 1,164 per sqft).
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 105,000 by February 2026.
  • At AED 105,000 a year the gross yield on the 2022 price is 11.1%, 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 23 February 2026.

Questions about 703, Time Place Tower

What did unit 703 last sell for?

AED 950,000 on 21 February 2022: AED 1,164 per sqft for 815 sqft. The unit has 4 registered sales; the first was AED 265,317 in July 2011.

What is the rent for unit 703?

AED 105,000 a year on the contract renewed on 23 February 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since April 2013.

How big is unit 703?

815 sqft (75.7 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.

What is unit 703 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 703, Time Place Tower

Starts from the last sale price (AED 950K, 21 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →