1-bed · 789 sqftTime Place Tower, Dubai Marina · 7th floor · completed 2009

708, Time Place Tower

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 1.15M7 June 2023
Current rentAED 80K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Time Place Tower

What is 708 worth today?

Last sold for AED 1,150,000 in 2023

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3 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
12 Aug 2025RentedNew contract
AED 101,087/yr12 months · AED 128 per sqft
7 Jun 2023SoldReady
AED 1,150,000AED 1,458 per sqft
12 Jan 2023SoldReady
AED 820,000AED 1,039 per sqft
20 Mar 2022RentedNew contract
AED 63,000/yr12 months · AED 80 per sqft
1 Jan 2021RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
4 Jun 2018SoldReady
AED 820,000AED 1,039 per sqft
24 Mar 2017RentedRenewal
AED 94,782/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
7th of 34
Parking
20(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.15M · June 2023

About 708, Time Place Tower

708 is a one-bedroom apartment of 789 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 7 June 2023 for AED 1,150,000, or AED 1,458 per sqft, 30% above the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 3 September 2026, is AED 80,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, April 2012: AED 513,411 (AED 651 per sqft)Sold, June 2018: AED 820,000 (AED 1,039 per sqft)Sold, January 2023: AED 820,000 (AED 1,039 per sqft)Sold, June 2023: AED 1,150,000 (AED 1,458 per sqft)

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

Rents
Unit 708, 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, March 2014: AED 90,000 a yearRenewal, March 2015: AED 94,500 a yearRenewal, March 2016: AED 94,500 a yearRenewal, March 2017: AED 94,782 a yearNew contract, January 2021: AED 46,000 a yearNew contract, March 2022: AED 63,000 a yearNew contract, August 2025: AED 101,087 a yearNew contract, September 2026: AED 80,000 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 708 sits

All 190 1-beds →

708 last sold in June 2023 at AED 1,458 per sqft, 30% above what one-beds in Time Place Tower were fetching at the time (AED 1,123). 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. 708's AED 80,000 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
7071-bedAED 970K · Jun 2016
1–7 of 8

708, Time Place Tower in numbers

  • Sold 4 times: first on 22 April 2012 for AED 513,411, last on 7 June 2023 for AED 1,150,000 (AED 1,458 per sqft).
  • Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 46,000 in 2021 and recovered to AED 80,000 by September 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.0%, 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 3 September 2026.

Questions about 708, Time Place Tower

What did unit 708 last sell for?

AED 1,150,000 on 7 June 2023: AED 1,458 per sqft for 789 sqft. The unit has 4 registered sales; the first was AED 513,411 in April 2012.

What is the rent for unit 708?

AED 80,000 a year on the contract signed on 3 September 2026. The previous contract, from August 2025, was AED 101,087; the unit has been rented since March 2014.

How big is unit 708?

789 sqft (73.3 sqm): a one-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.

What is unit 708 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 708, Time Place Tower

Starts from the last sale price (AED 1.15M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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