2-bed · 1,161 sqftTime Place Tower, Dubai Marina · 25th floor · completed 2009

2504, Time Place Tower

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.8M17 November 2014
Current rentAED 118K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Time Place Tower

What is 2504 worth today?

Last sold for AED 1,800,000 in 2014

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10 Mar 2025RentedRenewal
AED 118,000/yr12 months · AED 102 per sqft
15 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
15 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 62 per sqft
1 Aug 2019RentedNew contract
AED 86,000/yr12 months · AED 74 per sqft
17 Nov 2014SoldReady
AED 1,800,000AED 1,550 per sqft
27 Aug 2013RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
27 Aug 2012RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
16 Jan 2011Sold by developerReady
AED 900,000AED 775 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
25th of 34
Parking
93(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 26,700 /yr
Last sold
AED 1.8M · November 2014

About 2504, Time Place Tower

2504 is a two-bedroom apartment of 1,161 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 17 November 2014 for AED 1,800,000, or AED 1,550 per sqft, in line with the AED 1,589 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 118,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 26,700 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, January 2011: AED 900,000 (AED 775 per sqft)Sold, November 2014: AED 1,800,000 (AED 1,550 per sqft)

2504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, 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 132,000New contract, August 2012: AED 75,000 a yearNew contract, August 2013: AED 80,000 a yearNew contract, August 2019: AED 86,000 a yearRenewal, December 2021: AED 72,000 a yearRenewal, December 2022: AED 90,000 a yearRenewal, March 2025: AED 118,000 a year

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 2504 sits

All 67 2-beds →

2504 last sold in November 2014 at AED 1,550 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 1,589). 2504's AED 118,000 is in the lower half of that range.

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 25th floor

All 300 units in Time Place Tower
Value
25011-bedAED 593K · Oct 2015
25021-bedAED 850K · Apr 2015
25031-bedAED 1.1M · Dec 2017
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

2504, Time Place Tower in numbers

  • Sold twice: first on 16 January 2011 for AED 900,000, last on 17 November 2014 for AED 1,800,000 (AED 1,550 per sqft).
  • Rented since August 2012 on 6 Ejari contracts, from AED 75,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 26,700 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 2504, Time Place Tower

What did unit 2504 last sell for?

AED 1,800,000 on 17 November 2014: AED 1,550 per sqft for 1,161 sqft. The unit has 2 registered sales; the first was AED 900,000 in January 2011.

What is the rent for unit 2504?

AED 118,000 a year on the contract renewed on 10 March 2025. The previous contract, from December 2022, was AED 90,000; the unit has been rented since August 2012.

How big is unit 2504?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 25th floor of a 34-storey tower completed in 2009.

What is unit 2504 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 2504, Time Place Tower

Starts from the last sale price (AED 1.8M, 17 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →