104, Time Place Tower
Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Time Place Tower
What is 104 worth today?
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Source: Dubai Land Department. Updated 25 July 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,246 sqft
- Floor
- 1st of 34
- Parking
- 57(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.15M · July 2019
- Building
- Time Place Tower
About 104, Time Place Tower
104 is a two-bedroom apartment of 1,246 sqft on the 1st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 25 July 2019 for AED 1,150,000, or AED 922 per sqft, 7% below the AED 995 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 July 2017, is AED 124,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 28,700 a year.
Sales and rents for 104 over time
104 has sold twice; 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 104 sits
All 68 2-beds →104 last sold in July 2019 at AED 922 per sqft, 7% below what two-beds in Time Place Tower were fetching at the time (AED 995). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 104's AED 124,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 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 |
Time Place Tower
Building300 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,602 Up 1.3%
- Typical sale
- AED 1.28M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.3%
Other units on the 1st floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | Studio | 454 sqft | AED 603KAED 602,855 · Feb 2010February 2010 | 68,250 /yr | |
| 103 | 1-bed | 873 sqft | AED 1.52MAED 1,520,000 · Sep 2026September 2026 | 116,968 /yr | |
| 105 | 1-bed | 906 sqft | AED 875KAED 875,000 · Dec 2021December 2021 | 53,000 /yr | |
| 1V1 | 3-bed | 3,377 sqft | AED 1.5MAED 1,500,000 · Mar 2011March 2011 | 125,000 /yr |
104, Time Place Tower in numbers
- Sold twice: first on 14 June 2012 for AED 1,651,613, last on 25 July 2019 for AED 1,150,000 (AED 922 per sqft).
- Rented since May 2014 on 4 Ejari contracts, from AED 120,000 to AED 124,000 a year.
- At AED 124,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 28,700 a year (AED 23.00 per sqft).
- Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 1,602 per sqft.
Source: Dubai Land Department. Updated 25 July 2019.
Questions about 104, Time Place Tower
What did unit 104 last sell for?
AED 1,150,000 on 25 July 2019: AED 922 per sqft for 1,246 sqft. The unit has 2 registered sales; the first was AED 1,651,613 in June 2012.
What is the rent for unit 104?
AED 124,000 a year on the contract signed on 5 July 2017. The previous contract, from July 2016, was AED 120,000; the unit has been rented since May 2014.
How big is unit 104?
1,246 sqft (115.8 sqm): a two-bedroom apartment on the 1st floor of a 34-storey tower completed in 2009.
What is unit 104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.
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Mortgage on 104, Time Place Tower
Starts from the last sale price (AED 1.15M, 25 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →