1704, Time Place Tower
Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Time Place Tower
What is 1704 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 17th of 34
- Parking
- 6(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 2.1M · July 2014
- Building
- Time Place Tower
About 1704, Time Place Tower
1704 is a two-bedroom apartment of 1,226 sqft on the 17th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 6 July 2014 for AED 2,100,000, or AED 1,713 per sqft, 31% above the AED 1,305 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 125,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 28,200 a year.
Sales and rents for 1704 over time
1704 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Time Place Tower, and where 1704 sits
All 67 2-beds →1704 last sold in July 2014 at AED 1,713 per sqft, 31% above what two-beds in Time Place Tower were fetching at the time (AED 1,305). 1704's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 | ||
| 8 Jan 20258 January 2025 | 1,314 sqft | 2,100,000 | 1,597 |
Time Place Tower
Building300 apartments, studios to 3-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,610
- Typical sale
- AED 1.15M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.8%
Other units on the 17th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 173 sqft | AED 188KAED 187,500 · Apr 2022April 2022 | 95,000 /yr | |
| 1702 | 1-bed | 787 sqft | AED 1.25MAED 1,250,000 · Sep 2014September 2014 | 71,300 /yr | |
| 1703 | 1-bed | 815 sqft | AED 718KAED 717,596 · Jun 2015June 2015 | 84,000 /yr | |
| 1705 | 2-bed | 1,314 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | ||
| 1706 | 3-bed | 1,944 sqft | AED 1.62MAED 1,619,688 · Oct 2013October 2013 | ||
| 1707 | 1-bed | 869 sqft | AED 735KAED 735,399 · Jun 2010June 2010 | 60,000 /yr | |
| 1708 | 1-bed | 789 sqft | AED 694KAED 693,968 · Apr 2011April 2011 | ||
| 1709 | 704 sqft | AED 1.31MAED 1,305,000 · Sep 2025September 2025 | 90,000 /yr |
1704, Time Place Tower in numbers
- Sold 3 times: first on 2 February 2010 for AED 975,510, last on 6 July 2014 for AED 2,100,000 (AED 1,713 per sqft).
- Rented since August 2014 on 10 Ejari contracts, from AED 74,799 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 28,200 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 1 February 2025.
Questions about 1704, Time Place Tower
What did unit 1704 last sell for?
AED 2,100,000 on 6 July 2014: AED 1,713 per sqft for 1,226 sqft. The unit has 3 registered sales; the first was AED 975,510 in February 2010.
What is the rent for unit 1704?
AED 125,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2023, was AED 100,000; the unit has been rented since August 2014.
How big is unit 1704?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 17th floor of a 34-storey tower completed in 2009.
What is unit 1704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1704, Time Place Tower
Starts from the last sale price (AED 2.1M, 6 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →