1204, Time Place Tower
Sold prices and rental history: sold once, by the developer in June 2013, 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 1204, Time Place Tower
What is 1204 worth today?
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Source: Dubai Land Department. Updated 8 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 12th of 34
- Parking
- 77(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 921K · June 2013
- Building
- Time Place Tower
About 1204, Time Place Tower
1204 is a two-bedroom apartment of 1,226 sqft on the 12th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 20 June 2013 for AED 921,315, or AED 751 per sqft, 10% below the AED 836 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 8 March 2025, is AED 115,762 a year: a gross yield of 12.6% on the 2013 price, before the service charge of about AED 28,200 a year.
Sales and rents for 1204 over time
1204 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 1204 sits
All 68 2-beds →1204 last sold in June 2013 at AED 751 per sqft, 10% below what two-beds in Time Place Tower were fetching at the time (AED 836). 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. 1204's AED 115,762 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 12th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 692 sqft | AED 495KAED 495,198 · Dec 2013December 2013 | 80,000 /yr | |
| 1202 | 1-bed | 787 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 40,000 /yr | |
| 1203 | 1-bed | 815 sqft | AED 565KAED 564,649 · Jun 2011June 2011 | 125,000 /yr | |
| 1205 | 2-bed | 1,314 sqft | AED 1.85MAED 1,850,000 · May 2024May 2024 | 130,000 /yr | |
| 1206 | 3-bed | 1,944 sqft | AED 766KAED 766,304 · Jul 2011July 2011 | ||
| 1207 | 1-bed | 869 sqft | AED 724KAED 724,210 · Oct 2009October 2009 | 88,000 /yr | |
| 1208 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jul 2024July 2024 | 60,000 /yr | |
| 1209 | 1-bed | 704 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 58,340 /yr |
1204, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 20 June 2013 for AED 921,315, or AED 751 per sqft.
- Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2022 and recovered to AED 115,762 by March 2025.
- At AED 115,762 a year the gross yield on the 2013 price is 12.6%, before a service charge of about AED 28,200 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 8 March 2025.
Questions about 1204, Time Place Tower
What did unit 1204 last sell for?
AED 921,315 on 20 June 2013, sold by the developer: AED 751 per sqft for 1,226 sqft. It is the only registered sale of the unit.
What is the rent for unit 1204?
AED 115,762 a year on the contract renewed on 8 March 2025. The previous contract, from March 2025, was AED 115,762; the unit has been rented since January 2013.
How big is unit 1204?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1204 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 1204, Time Place Tower
Starts from the last sale price (AED 921K, 20 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 921,315
- Deposit, UAE resident (20%)
- AED 184,263
- Deposit, non-resident (40%)
- AED 368,526
- Monthly over 25 years at 3.7%
- AED 3,769
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →