2-bed · 1,161 sqftTime Place Tower, Dubai Marina · 29th floor · completed 2009

2904, Time Place Tower

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 14 October 2019
Last soldAED 1.23M14 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Time Place Tower

What is 2904 worth today?

Last sold for AED 1,230,236 in 2019

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14 Oct 2019Sold by developerReady
AED 1,230,236AED 1,060 per sqft

Source: Dubai Land Department. Updated 14 October 2019.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
29th of 34
Parking
28(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 26,700 /yr
Last sold
AED 1.23M · October 2019

About 2904, Time Place Tower

2904 is a two-bedroom apartment of 1,161 sqft on the 29th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 14 October 2019 for AED 1,230,236, or AED 1,060 per sqft, 7% above the AED 995 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, October 2019: AED 1,230,236 (AED 1,060 per sqft)

2904 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, 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 2904 sits

All 67 2-beds →

2904 last sold in October 2019 at AED 1,060 per sqft, 7% above what two-beds in Time Place Tower were fetching at the time (AED 995).

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 29th floor

All 300 units in Time Place Tower
Value
29011-bedAED 730K · Jun 2022
29021-bedAED 1.17M · Dec 2023
29031-bedAED 1.3M · Jul 2024
29052-bedAED 1.52M · May 2018
29063-bedAED 1.85M · Apr 2021
29071-bedAED 775K · Aug 2012
29081-bedAED 765K · Dec 2014
1–7 of 8

2904, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 14 October 2019 for AED 1,230,236, or AED 1,060 per sqft.

Source: Dubai Land Department. Updated 14 October 2019.

Questions about 2904, Time Place Tower

What did unit 2904 last sell for?

AED 1,230,236 on 14 October 2019, sold by the developer: AED 1,060 per sqft for 1,161 sqft. It is the only registered sale of the unit.

How big is unit 2904?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.

What is unit 2904 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 2904, Time Place Tower

Starts from the last sale price (AED 1.23M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,236
Deposit, UAE resident (20%)
AED 246,047
Deposit, non-resident (40%)
AED 492,094
Monthly over 25 years at 3.7%
AED 5,033

Plus AED 56,679 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →