2301, Time Place Tower
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2301, Time Place Tower
What is 2301 worth today?
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Source: Dubai Land Department. Updated 10 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 23rd of 34
- Parking
- 40(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 581K · December 2013
- Building
- Time Place Tower
About 2301, Time Place Tower
2301 is a one-bedroom apartment of 692 sqft on the 23rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 29 December 2013 for AED 580,545, or AED 839 per sqft, in line with the AED 847 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 75,900 a year: a gross yield of 13.1% on the 2013 price, before the service charge of about AED 15,900 a year.
Sales and rents for 2301 over time
2301 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 2301 sits
All 182 1-beds →2301 last sold in December 2013 at AED 839 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 847). 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. 2301's AED 75,900 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 869 sqft | 1,400,000 | 1,610 | ||
| 13 Jan 202613 January 2026 | 704 sqft | 800,000 | 1,136 | ||
| 15 Dec 202515 December 2025 | 787 sqft | 1,150,000 | 1,462 | ||
| 15 Apr 202515 April 2025 | 789 sqft | 1,250,000 | 1,585 |
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 23rd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 1-bed | 850 sqft | AED 910KAED 910,000 · Dec 2012December 2012 | 84,000 /yr | |
| 2303 | 1-bed | 869 sqft | AED 1.1MAED 1,100,000 · Sep 2013September 2013 | 80,000 /yr | |
| 2304 | 2-bed | 1,325 sqft | AED 1.71MAED 1,710,000 · Jun 2024June 2024 | 80,000 /yr | |
| 2305 | 2-bed | 1,259 sqft | AED 2.15MAED 2,150,000 · Apr 2024April 2024 | 88,000 /yr | |
| 2306 | 3-bed | 1,891 sqft | AED 1.5MAED 1,500,000 · Mar 2025March 2025 | 166,000 /yr | |
| 2307 | 1-bed | 878 sqft | AED 776KAED 776,100 · Oct 2014October 2014 | 87,000 /yr | |
| 2308 | 1-bed | 880 sqft | AED 720KAED 720,000 · Mar 2020March 2020 | 72,000 /yr | |
| 2309 | 1-bed | 704 sqft | AED 850KAED 850,000 · May 2017May 2017 | 68,800 /yr |
2301, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 29 December 2013 for AED 580,545, or AED 839 per sqft.
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 75,900 by October 2024.
- At AED 75,900 a year the gross yield on the 2013 price is 13.1%, 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 10 October 2024.
Questions about 2301, Time Place Tower
What did unit 2301 last sell for?
AED 580,545 on 29 December 2013, sold by the developer: AED 839 per sqft for 692 sqft. It is the only registered sale of the unit.
What is the rent for unit 2301?
AED 75,900 a year on the contract renewed on 10 October 2024. The previous contract, from October 2022, was AED 65,000; the unit has been rented since February 2016.
How big is unit 2301?
692 sqft (64.3 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.
What is unit 2301 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 2301, Time Place Tower
Starts from the last sale price (AED 581K, 29 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 580,545
- Deposit, UAE resident (20%)
- AED 116,109
- Deposit, non-resident (40%)
- AED 232,218
- Monthly over 25 years at 3.7%
- AED 2,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →