2205, Time Place Tower
Sold prices and rental history: sold twice, last in January 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 2205, Time Place Tower
What is 2205 worth today?
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Source: Dubai Land Department. Updated 29 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 22nd of 34
- Parking
- 49(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 30,200 /yr
- Last sold
- AED 2M · January 2014
- Building
- Time Place Tower
About 2205, Time Place Tower
2205 is a two-bedroom apartment of 1,314 sqft on the 22nd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 21 January 2014 for AED 2,000,000, or AED 1,521 per sqft, 64% above the AED 930 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 29 September 2024, is AED 125,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 30,200 a year.
Sales and rents for 2205 over time
2205 has sold twice; 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 2205 sits
All 67 2-beds →2205 last sold in January 2014 at AED 1,521 per sqft, 64% above what two-beds in Time Place Tower were fetching at the time (AED 930). 2205'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 22nd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 692 sqft | AED 556KAED 555,588 · Jun 2015June 2015 | 37,000 /yr | |
| 2202 | 1-bed | 787 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | 100,000 /yr | |
| 2203 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Apr 2013April 2013 | 68,000 /yr | |
| 2204 | 2-bed | 1,226 sqft | AED 1.06MAED 1,060,000 · Jul 2021July 2021 | 121,689 /yr | |
| 2206 | 1,944 sqft | AED 3.2MAED 3,200,000 · Nov 2025November 2025 | |||
| 2207 | 1-bed | 869 sqft | AED 739KAED 739,290 · May 2010May 2010 | 50,000 /yr | |
| 2208 | 1-bed | 789 sqft | AED 1.1MAED 1,100,000 · Jul 2024July 2024 | 45,000 /yr | |
| 2209 | 1-bed | 704 sqft | AED 775KAED 775,000 · Oct 2022October 2022 | 40,000 /yr |
2205, Time Place Tower in numbers
- Sold twice: first on 15 January 2012 for AED 543,024, last on 21 January 2014 for AED 2,000,000 (AED 1,521 per sqft).
- Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2021 and recovered to AED 125,000 by September 2024.
- At AED 125,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 30,200 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 29 September 2024.
Questions about 2205, Time Place Tower
What did unit 2205 last sell for?
AED 2,000,000 on 21 January 2014: AED 1,521 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 543,024 in January 2012.
What is the rent for unit 2205?
AED 125,000 a year on the contract renewed on 29 September 2024. The previous contract, from September 2023, was AED 110,000; the unit has been rented since February 2014.
How big is unit 2205?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 22nd floor of a 34-storey tower completed in 2009.
What is unit 2205 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 2205, Time Place Tower
Starts from the last sale price (AED 2M, 21 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →