2-bed · 919 sqftTime Place Tower, Dubai Marina · 6th floor · completed 2009

604, Time Place Tower

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 856K24 November 2009
Current rentAED 120K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Time Place Tower

What is 604 worth today?

Last sold for AED 856,281 in 2009

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1 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
1 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Apr 2023RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
27 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
30 Apr 2020RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
10 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft
28 Jan 2018RentedRenewal
AED 114,692/yr12 months · AED 93 per sqft
28 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
919 sqft
Floor
6th of 34
Parking
13(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 856K · November 2009

About 604, Time Place Tower

604 is a two-bedroom apartment of 919 sqft on the 6th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 24 November 2009 for AED 856,281, or AED 698 per sqft, 9% below the AED 771 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 120,000 a year: a gross yield of 14.0% on the 2009 price, before the service charge of about AED 21,100 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, November 2009: AED 856,281 (AED 698 per sqft)

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

Rents
Unit 604, 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, January 2016: AED 125,000 a yearNew contract, January 2017: AED 110,000 a yearRenewal, January 2018: AED 114,692 a yearNew contract, March 2019: AED 95,000 a yearNew contract, April 2020: AED 75,000 a yearNew contract, October 2021: AED 90,000 a yearNew contract, April 2023: AED 105,000 a yearNew contract, April 2024: AED 110,000 a yearNew contract, July 2025: AED 120,000 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 604 sits

All 67 2-beds →

604 last sold in November 2009 at AED 698 per sqft, 9% below what two-beds in Time Place Tower were fetching at the time (AED 771). 604's AED 120,000 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 6th floor

All 300 units in Time Place Tower
Value
6011-bedAED 1.1M · May 2014
6021-bedAED 1.11M · May 2024
6031-bedAED 700K · Jan 2021
6052-bedAED 1.9M · Jul 2024
6063-bedAED 1.43M · Sep 2011
6071-bedAED 550K · Oct 2011
6081-bedAED 500K · Sep 2024
1–7 of 8

604, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 24 November 2009 for AED 856,281, or AED 698 per sqft.
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2020 and recovered to AED 120,000 by July 2025.
  • At AED 120,000 a year the gross yield on the 2009 price is 14.0%, before a service charge of about AED 21,100 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 604, Time Place Tower

What did unit 604 last sell for?

AED 856,281 on 24 November 2009, sold by the developer: AED 698 per sqft for 919 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 120,000 a year on the contract signed on 1 July 2025. The previous contract, from April 2024, was AED 110,000; the unit has been rented since January 2016.

How big is unit 604?

919 sqft (85.4 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2009.

What is unit 604 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 604, Time Place Tower

Starts from the last sale price (AED 856K, 24 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 856,281
Deposit, UAE resident (20%)
AED 171,256
Deposit, non-resident (40%)
AED 342,512
Monthly over 25 years at 3.7%
AED 3,503

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →