504, Time Place Tower
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Time Place Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 5th of 34
- Parking
- 7(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 845K · February 2011
- Building
- Time Place Tower
About 504, Time Place Tower
504 is a two-bedroom apartment of 1,226 sqft on the 5th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 22 February 2011 for AED 845,442, or AED 689 per sqft, 13% below the AED 789 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 115,000 a year: a gross yield of 13.6% on the 2011 price, before the service charge of about AED 28,200 a year.
Sales and rents for 504 over time
504 has sold once; the dashed line is the two-bed median of each year in the building.
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 504 sits
All 67 2-beds →504 last sold in February 2011 at AED 689 per sqft, 13% below what two-beds in Time Place Tower were fetching at the time (AED 789). 504's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 | ||
| 8 Jan 20258 January 2025 | 1,314 sqft | 2,100,000 | 1,597 |
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 5th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 692 sqft | AED 343KAED 342,925 · Aug 2016August 2016 | 77,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 265KAED 264,515 · Feb 2010February 2010 | 85,000 /yr | |
| 503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Feb 2014February 2014 | 90,000 /yr | |
| 505 | 2-bed | 1,314 sqft | AED 1.1MAED 1,100,000 · Jun 2020June 2020 | 252,000 /yr | |
| 506 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 195,000 /yr | |
| 507 | 1-bed | 869 sqft | AED 607KAED 606,996 · Oct 2009October 2009 | 84,772 /yr | |
| 508 | 1-bed | 789 sqft | AED 500KAED 500,495 · Feb 2010February 2010 | 75,000 /yr | |
| 509 | 1-bed | 704 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 70,000 /yr |
504, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 22 February 2011 for AED 845,442, or AED 689 per sqft.
- Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 99,723 to AED 65,000 in 2021 and recovered to AED 115,000 by October 2025.
- At AED 115,000 a year the gross yield on the 2011 price is 13.6%, before a service charge of about AED 28,200 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 504, Time Place Tower
What did unit 504 last sell for?
AED 845,442 on 22 February 2011, sold by the developer: AED 689 per sqft for 1,226 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 115,000 a year on the contract signed on 1 October 2025. The previous contract, from April 2024, was AED 120,000; the unit has been rented since June 2013.
How big is unit 504?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2009.
What is unit 504 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 504, Time Place Tower
Starts from the last sale price (AED 845K, 22 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 845,442
- Deposit, UAE resident (20%)
- AED 169,088
- Deposit, non-resident (40%)
- AED 338,177
- Monthly over 25 years at 3.7%
- AED 3,459
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →