1-bed · 815 sqftTime Place Tower, Dubai Marina · 25th floor · completed 2009

2503, Time Place Tower

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 1.1M7 December 2017
Current rentAED 100K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Time Place Tower

What is 2503 worth today?

Last sold for AED 1,100,000 in 2017

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7 Sep 2024RentedNew contract
AED 100,000/yr12 months · AED 123 per sqft
24 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
13 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
7 Dec 2017SoldReady
AED 1,100,000AED 1,348 per sqft
9 Aug 2016RentedRenewal
AED 85,000/yr12 months · AED 104 per sqft
9 Aug 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
7 Feb 2010Sold by developerReady
AED 688,214AED 843 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
25th of 34
Parking
75(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.1M · December 2017

About 2503, Time Place Tower

2503 is a one-bedroom apartment of 815 sqft on the 25th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 7 December 2017 for AED 1,100,000, or AED 1,348 per sqft, 11% above the AED 1,215 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 7 September 2024, is AED 100,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, February 2010: AED 688,214 (AED 843 per sqft)Sold, December 2017: AED 1,100,000 (AED 1,348 per sqft)

2503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2503, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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, August 2015: AED 100,000 a yearRenewal, August 2016: AED 85,000 a yearNew contract, January 2018: AED 75,000 a yearNew contract, July 2023: AED 100,000 a yearNew contract, September 2024: AED 100,000 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 2503 sits

All 182 1-beds →

2503 last sold in December 2017 at AED 1,348 per sqft, 11% above what one-beds in Time Place Tower were fetching at the time (AED 1,215). 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. 2503's AED 100,000 is in the lower half 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 25th floor

All 300 units in Time Place Tower
Value
25011-bedAED 593K · Oct 2015
25021-bedAED 850K · Apr 2015
25042-bedAED 1.8M · Nov 2014
25052-bedAED 1.13M · Aug 2015
25063-bedAED 1.78M · Jun 2013
2507AED 1.33M · Aug 2025
25081-bedAED 1.08M · Dec 2023
1–7 of 8

2503, Time Place Tower in numbers

  • Sold twice: first on 7 February 2010 for AED 688,214, last on 7 December 2017 for AED 1,100,000 (AED 1,348 per sqft).
  • Rented since August 2015 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2018 and recovered to AED 100,000 by September 2024.
  • At AED 100,000 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 18,800 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 7 September 2024.

Questions about 2503, Time Place Tower

What did unit 2503 last sell for?

AED 1,100,000 on 7 December 2017: AED 1,348 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 688,214 in February 2010.

What is the rent for unit 2503?

AED 100,000 a year on the contract signed on 7 September 2024. The previous contract, from July 2023, was AED 100,000; the unit has been rented since August 2015.

How big is unit 2503?

815 sqft (75.7 sqm): a one-bedroom apartment on the 25th floor of a 34-storey tower completed in 2009.

What is unit 2503 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 2503, Time Place Tower

Starts from the last sale price (AED 1.1M, 7 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →