2508, Time Place Tower
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2508, Time Place Tower
What is 2508 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 25th of 34
- Parking
- 102(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.08M · December 2023
- Building
- Time Place Tower
About 2508, Time Place Tower
2508 is a one-bedroom apartment of 880 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 11 December 2023 for AED 1,080,000, or AED 1,227 per sqft, in line with the AED 1,231 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 85,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2508 over time
2508 has sold twice; 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 2508 sits
All 182 1-beds →2508 last sold in December 2023 at AED 1,227 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,231). 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. 2508's AED 85,000 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 25th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 692 sqft | AED 593KAED 592,515 · Oct 2015October 2015 | 55,000 /yr | |
| 2502 | 1-bed | 850 sqft | AED 850KAED 850,000 · Apr 2015April 2015 | 89,759 /yr | |
| 2503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Dec 2017December 2017 | 100,000 /yr | |
| 2504 | 2-bed | 1,161 sqft | AED 1.8MAED 1,800,000 · Nov 2014November 2014 | 118,000 /yr | |
| 2505 | 2-bed | 1,259 sqft | AED 1.13MAED 1,127,541 · Aug 2015August 2015 | 65,000 /yr | |
| 2506 | 3-bed | 1,891 sqft | AED 1.78MAED 1,782,375 · Jun 2013June 2013 | 160,000 /yr | |
| 2507 | 878 sqft | AED 1.33MAED 1,330,000 · Aug 2025August 2025 | 87,000 /yr | ||
| 2509 | 1-bed | 704 sqft | AED 860KAED 860,000 · Nov 2017November 2017 | 100,000 /yr |
2508, Time Place Tower in numbers
- Sold twice: first on 18 July 2011 for AED 369,816, last on 11 December 2023 for AED 1,080,000 (AED 1,227 per sqft).
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 60,000 in 2022 and recovered to AED 85,000 by February 2025.
- At AED 85,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 20,200 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 20 February 2025.
Questions about 2508, Time Place Tower
What did unit 2508 last sell for?
AED 1,080,000 on 11 December 2023: AED 1,227 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 369,816 in July 2011.
What is the rent for unit 2508?
AED 85,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 85,000; the unit has been rented since February 2015.
How big is unit 2508?
880 sqft (81.8 sqm): a one-bedroom apartment on the 25th floor of a 34-storey tower completed in 2009.
What is unit 2508 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 2508, Time Place Tower
Starts from the last sale price (AED 1.08M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,000
- Deposit, UAE resident (20%)
- AED 216,000
- Deposit, non-resident (40%)
- AED 432,000
- Monthly over 25 years at 3.7%
- AED 4,419
Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →