809, Time Place Tower
Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 809, Time Place Tower
What is 809 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 8th of 34
- Parking
- 16(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 990K · September 2024
- Building
- Time Place Tower
About 809, Time Place Tower
809 is a one-bedroom apartment of 704 sqft on the 8th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 24 September 2024 for AED 990,000, or AED 1,406 per sqft, in line with the AED 1,406 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 January 2021, is AED 42,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 809 over time
809 has sold 4 times; 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 809 sits
All 190 1-beds →809 last sold in September 2024 at AED 1,406 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,406). 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. 809's AED 42,000 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 | |
| 808 | 1-bed | 789 sqft | AED 420KAED 419,869 · Feb 2014February 2014 | 66,000 /yr |
809, Time Place Tower in numbers
- Sold 4 times: first on 18 July 2011 for AED 236,360, last on 24 September 2024 for AED 990,000 (AED 1,406 per sqft).
- Rented since October 2013 on 5 Ejari contracts, from AED 75,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2024 price is 4.2%, 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 24 September 2024.
Questions about 809, Time Place Tower
What did unit 809 last sell for?
AED 990,000 on 24 September 2024: AED 1,406 per sqft for 704 sqft. The unit has 4 registered sales; the first was AED 236,360 in July 2011.
What is the rent for unit 809?
AED 42,000 a year on the contract signed on 15 January 2021. The previous contract, from January 2019, was AED 70,000; the unit has been rented since October 2013.
How big is unit 809?
704 sqft (65.4 sqm): a one-bedroom apartment on the 8th floor of a 34-storey tower completed in 2009.
What is unit 809 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 809, Time Place Tower
Starts from the last sale price (AED 990K, 24 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →