808, Time Place Tower
Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 808, Time Place Tower
What is 808 worth today?
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Source: Dubai Land Department. Updated 10 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 8th of 34
- Parking
- 8(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 420K · February 2014
- Building
- Time Place Tower
About 808, Time Place Tower
808 is a one-bedroom apartment of 789 sqft on the 8th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 26 February 2014 for AED 419,869, or AED 532 per sqft, 39% below the AED 879 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 66,000 a year: a gross yield of 15.7% on the 2014 price, before the service charge of about AED 18,100 a year.
Sales and rents for 808 over time
808 has sold once; 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 808 sits
All 190 1-beds →808 last sold in February 2014 at AED 532 per sqft, 39% below what one-beds in Time Place Tower were fetching at the time (AED 879). 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. 808's AED 66,000 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 8th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 346 sqft | AED 750KAED 750,000 · Dec 2022December 2022 | 79,200 /yr | |
| 802 | 1-bed | 787 sqft | AED 820KAED 820,000 · Feb 2019February 2019 | 81,000 /yr | |
| 803 | 1-bed | 815 sqft | AED 1.04MAED 1,040,000 · Apr 2023April 2023 | 77,000 /yr | |
| 804 | 2-bed | 1,226 sqft | AED 878KAED 877,959 · Dec 2009December 2009 | 110,250 /yr | |
| 805 | 2-bed | 1,314 sqft | AED 631KAED 630,864 · May 2017May 2017 | 110,000 /yr | |
| 806 | 3-bed | 1,944 sqft | AED 1.64MAED 1,635,000 · Mar 2021March 2021 | 157,000 /yr | |
| 807 | 1-bed | 869 sqft | AED 630KAED 630,342 · Oct 2009October 2009 | 88,000 /yr | |
| 809 | 1-bed | 704 sqft | AED 990KAED 990,000 · Sep 2024September 2024 | 42,000 /yr |
808, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 26 February 2014 for AED 419,869, or AED 532 per sqft.
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 71,500 to AED 48,000 in 2021 and recovered to AED 66,000 by October 2023.
- At AED 66,000 a year the gross yield on the 2014 price is 15.7%, 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 10 October 2023.
Questions about 808, Time Place Tower
What did unit 808 last sell for?
AED 419,869 on 26 February 2014, sold by the developer: AED 532 per sqft for 789 sqft. It is the only registered sale of the unit.
What is the rent for unit 808?
AED 66,000 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 60,000; the unit has been rented since February 2015.
How big is unit 808?
789 sqft (73.3 sqm): a one-bedroom apartment on the 8th floor of a 34-storey tower completed in 2009.
What is unit 808 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 808, Time Place Tower
Starts from the last sale price (AED 420K, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 419,869
- Deposit, UAE resident (20%)
- AED 83,974
- Deposit, non-resident (40%)
- AED 167,948
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →