1-bed · 869 sqftTime Place Tower, Dubai Marina · 7th floor · completed 2009

707, Time Place Tower

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 4 May 2025
Last soldAED 970K6 June 2016
Current rentAED 84K /yr4 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Time Place Tower

What is 707 worth today?

Last sold for AED 970,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 May 2025RentedNew contract
AED 84,000/yr12 months · AED 97 per sqft
4 May 2023RentedRenewal
AED 81,600/yr12 months · AED 94 per sqft
4 May 2022RentedNew contract
AED 78,000/yr12 months · AED 90 per sqft
1 May 2021RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
10 Jan 2021RentedNew contract
AED 54,000/yr12 months · AED 62 per sqft
5 Oct 2017RentedNew contract
AED 84,000/yr12 months · AED 96 per sqft
27 Sep 2016RentedNew contract
AED 88,000/yr12 months · AED 101 per sqft
6 Jun 2016SoldReady
AED 970,000AED 1,115 per sqft

Source: Dubai Land Department. Updated 4 May 2025.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 34
Parking
73(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 970K · June 2016

About 707, Time Place Tower

707 is a one-bedroom apartment of 869 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 6 June 2016 for AED 970,000, or AED 1,115 per sqft, 27% above the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 4 May 2025, is AED 84,000 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 20,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, October 2011: AED 622,560 (AED 716 per sqft)Sold, June 2016: AED 970,000 (AED 1,115 per sqft)

707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, each contractTypical one-bed in Time Place Tower
60K80K2012201620202024Typical 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, September 2016: AED 88,000 a yearNew contract, October 2017: AED 84,000 a yearNew contract, January 2021: AED 54,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, May 2022: AED 78,000 a yearRenewal, May 2023: AED 81,600 a yearNew contract, May 2025: AED 84,000 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 707 sits

All 190 1-beds →

707 last sold in June 2016 at AED 1,115 per sqft, 27% above what one-beds in Time Place Tower were fetching at the time (AED 878). 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. 707's AED 84,000 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 7th floor

All 300 units in Time Place Tower
Value
7011-bedAED 770K · Jun 2018
7021-bedAED 1.26M · Jan 2015
7031-bedAED 950K · Feb 2022
7042-bedAED 1.6M · May 2019
7052-bedAED 916K · Jan 2010
7063-bedAED 1.8M · Sep 2012
7081-bedAED 1.15M · Jun 2023
1–7 of 8

707, Time Place Tower in numbers

  • Sold twice: first on 9 October 2011 for AED 622,560, last on 6 June 2016 for AED 970,000 (AED 1,115 per sqft).
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 88,000 to AED 50,000 in 2021 and recovered to AED 84,000 by May 2025.
  • At AED 84,000 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 20,000 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 4 May 2025.

Questions about 707, Time Place Tower

What did unit 707 last sell for?

AED 970,000 on 6 June 2016: AED 1,115 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 622,560 in October 2011.

What is the rent for unit 707?

AED 84,000 a year on the contract signed on 4 May 2025. The previous contract, from May 2023, was AED 81,600; the unit has been rented since September 2016.

How big is unit 707?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.

What is unit 707 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 707? 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.

How OpenOffers works

Mortgage on 707, Time Place Tower

Starts from the last sale price (AED 970K, 6 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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