1-bed · 692 sqftTime Place Tower, Dubai Marina · 20th floor · completed 2009

2001, Time Place Tower

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 1.24M6 January 2025
Current rentAED 63K /yr2 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Time Place Tower

What is 2001 worth today?

Last sold for AED 1,240,000 in 2025

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6 Jan 2025SoldReady
AED 1,240,000AED 1,792 per sqft
1 May 2023SoldReady
AED 940,000AED 1,358 per sqft
2 Apr 2022RentedNew contract
AED 63,000/yr12 months · AED 91 per sqft
13 Sep 2020RentedNew contract
AED 41,000/yr12 months · AED 60 per sqft
13 Jan 2020RentedNew contract
AED 67,000/yr12 months · AED 97 per sqft
15 Oct 2018RentedRenewal
AED 70,000/yr12 months · AED 102 per sqft
15 Oct 2017RentedNew contract
AED 73,000/yr12 months · AED 106 per sqft
28 Apr 2012RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
20th of 34
Parking
88(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 1.24M · January 2025

About 2001, Time Place Tower

2001 is a one-bedroom apartment of 692 sqft on the 20th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 6 January 2025 for AED 1,240,000, or AED 1,792 per sqft, 25% above the AED 1,439 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 2 April 2022, is AED 63,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 15,900 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 490,000; 2012 AED 630,000; 2013 AED 627,127; 2014 AED 940,214; 2015 AED 706,065; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 942,500; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 945,000; 2024 AED 1,100,000; 2025 AED 1,210,000Sold by developer, January 2011: AED 543,510 (AED 785 per sqft)Sold, May 2023: AED 940,000 (AED 1,358 per sqft)Sold, January 2025: AED 1,240,000 (AED 1,792 per sqft)

2001 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, each contractTypical one-bed in Time Place Tower
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 83,250; 2015 AED 87,500; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 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 85,000; 2026 AED 86,500New contract, April 2012: AED 65,000 a yearNew contract, October 2017: AED 73,000 a yearRenewal, October 2018: AED 70,000 a yearNew contract, January 2020: AED 67,000 a yearNew contract, September 2020: AED 41,000 a yearNew contract, April 2022: AED 63,000 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 2001 sits

All 182 1-beds →

2001 last sold in January 2025 at AED 1,792 per sqft, 25% above what one-beds in Time Place Tower were fetching at the time (AED 1,439). Over the last 12 months one-beds sold for AED 800,000 to 1,400,000, around AED 1,536 per sqft, and rent for AED 71,200 to 152,500 a year. 2001's AED 63,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,400,000
13 Jan 2026800,000
15 Dec 20251,150,000
15 Apr 20251,250,000
4 1-bed sales in the last 12 months

Time Place Tower

Building

300 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%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 20th floor

All 300 units in Time Place Tower
Value
20021-bedAED 1.52M · Mar 2025
20031-bedAED 1M · Dec 2015
20042-bedAED 800K · Mar 2012
20052-bedAED 860K · Jan 2017
20063-bedAED 1.67M · Jun 2015
20071-bedAED 724K · Nov 2014
20081-bedAED 980K · Nov 2015
1–7 of 8

2001, Time Place Tower in numbers

  • Sold 3 times: first on 6 January 2011 for AED 543,510, last on 6 January 2025 for AED 1,240,000 (AED 1,792 per sqft).
  • Rented since April 2012 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 41,000 in 2020 and recovered to AED 63,000 by April 2022.
  • At AED 63,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 15,900 a year (AED 23.00 per sqft).
  • One-beds in Time Place Tower sold for AED 800,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,610 per sqft.

Source: Dubai Land Department. Updated 6 January 2025.

Questions about 2001, Time Place Tower

What did unit 2001 last sell for?

AED 1,240,000 on 6 January 2025: AED 1,792 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 543,510 in January 2011.

What is the rent for unit 2001?

AED 63,000 a year on the contract signed on 2 April 2022. The previous contract, from September 2020, was AED 41,000; the unit has been rented since April 2012.

How big is unit 2001?

692 sqft (64.3 sqm): a one-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.

What is unit 2001 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 1,400,000 in the last 12 months, around AED 1,536 per sqft.

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Mortgage on 2001, Time Place Tower

Starts from the last sale price (AED 1.24M, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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