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2-bed · 1,161 sqftTime Place Tower, Dubai Marina · 24th floor · completed 2009

2404, Time Place Tower

Sold prices and rental history: sold twice, last in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 13 September 2015
Last soldAED 1.53M13 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2404, Time Place Tower

What is 2404 worth today?

Last sold for AED 1,525,000 in 2015

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13 Sep 2015SoldReady
AED 1,525,000AED 1,314 per sqft
11 Aug 2015Sold by developerReady
AED 1,026,261AED 884 per sqft

Source: Dubai Land Department. Updated 13 September 2015.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
24th of 34
Parking
95(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 26,700 /yr
Last sold
AED 1.53M · September 2015
Building
Time Place Tower

About 2404, Time Place Tower

2404 is a two-bedroom apartment of 1,161 sqft on the 24th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 13 September 2015 for AED 1,525,000, or AED 1,314 per sqft, in line with the AED 1,305 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Time Place Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 970,091; 2010 AED 1,008,027; 2011 AED 809,470; 2012 AED 972,772; 2013 AED 1,100,000; 2014 AED 2,000,000; 2015 AED 1,066,667; 2016 AED 1,600,000; 2017 AED 788,938; 2018 AED 1,275,000; 2019 AED 1,265,118; 2020 AED 1,075,000; 2021 AED 1,030,000; 2022 AED 1,420,000; 2023 AED 1,450,000; 2024 AED 1,745,632; 2025 AED 2,020,000Sold by developer, August 2015: AED 1,026,261 (AED 884 per sqft)Sold, September 2015: AED 1,525,000 (AED 1,314 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Time Place Tower
100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 85,000; 2020 AED 73,923; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 132,000

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 2404 sits

All 67 2-beds →

2404 last sold in September 2015 at AED 1,314 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 1,305).

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 20252,200,000
11 Apr 20251,690,000
5 Feb 20251,940,000
8 Jan 20252,100,000
0 2-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 24th floor

All 300 units in Time Place Tower
Value
24011-bedAED 587K · Feb 2013
24021-bedAED 842K · Jun 2013
24031-bedAED 1.3M · Oct 2014
24052-bedAED 2M · Nov 2024
24063-bedAED 883K · Jul 2010
24071-bedAED 788K · Nov 2009
24081-bedAED 700K · Jul 2011
1–7 of 8

2404, Time Place Tower in numbers

  • Sold twice: first on 11 August 2015 for AED 1,026,261, last on 13 September 2015 for AED 1,525,000 (AED 1,314 per sqft).

Source: Dubai Land Department. Updated 13 September 2015.

Questions about 2404, Time Place Tower

What did unit 2404 last sell for?

AED 1,525,000 on 13 September 2015: AED 1,314 per sqft for 1,161 sqft. The unit has 2 registered sales; the first was AED 1,026,261 in August 2015.

How big is unit 2404?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.

What is unit 2404 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 2404, Time Place Tower

Starts from the last sale price (AED 1.53M, 13 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

Plus AED 69,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →