2-bed · 1,226 sqftTime Place Tower, Dubai Marina · 13th floor · completed 2009

1304, Time Place Tower

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 466K18 July 2011
Current rentAED 130K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Time Place Tower

What is 1304 worth today?

Last sold for AED 466,077 in 2011

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15 Dec 2025RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
15 Dec 2024RentedRenewal
AED 120,000/yr12 months · AED 98 per sqft
15 Dec 2024RentedRenewal
AED 120,000/yr12 months · AED 98 per sqft
15 Dec 2023RentedNew contract
AED 115,000/yr12 months · AED 94 per sqft
1 Oct 2022RentedNew contract
AED 84,000/yr12 months · AED 69 per sqft
1 Oct 2020RentedNew contract
AED 73,000/yr12 months · AED 59 per sqft
29 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Nov 2016RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
13th of 34
Parking
98(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 28,200 /yr
Last sold
AED 466K · July 2011

About 1304, Time Place Tower

1304 is a two-bedroom apartment of 1,226 sqft on the 13th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 July 2011 for AED 466,077, or AED 380 per sqft, 45% below the AED 693 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 130,000 a year: a gross yield of 27.9% on the 2011 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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 950,000; 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, July 2011: AED 466,077 (AED 380 per sqft)

1304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, each contractTypical two-bed in Time Place Tower
100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 124,000; 2016 AED 127,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 85,500; 2020 AED 73,846; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 121,689New contract, November 2012: AED 82,000 a yearNew contract, November 2013: AED 92,000 a yearNew contract, November 2014: AED 111,000 a yearRenewal, November 2015: AED 116,000 a yearRenewal, November 2016: AED 130,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, October 2020: AED 73,000 a yearNew contract, October 2022: AED 84,000 a yearNew contract, December 2023: AED 115,000 a yearRenewal, December 2024: AED 120,000 a yearRenewal, December 2024: AED 120,000 a yearRenewal, December 2025: AED 130,000 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 1304 sits

All 68 2-beds →

1304 last sold in July 2011 at AED 380 per sqft, 45% below what two-beds in Time Place Tower were fetching at the time (AED 693). 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. 1304's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Oct 20261,825,000
17 Apr 20252,200,000
11 Apr 20251,690,000
5 Feb 20251,940,000
1 2-bed sale in the last 12 months

Time Place Tower

Building

300 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%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 300 units in Time Place Tower
Value
13011-bedAED 501K · Dec 2013
13021-bedAED 1.07M · Jan 2016
13031-bedAED 1.22M · May 2024
13052-bedAED 984K · Feb 2010
13063-bedAED 1.33M · Dec 2019
13071-bedAED 965K · May 2018
13081-bedAED 630K · Jan 2021
1–7 of 8

1304, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 18 July 2011 for AED 466,077, or AED 380 per sqft.
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 82,000 to AED 73,000 in 2020 and recovered to AED 130,000 by December 2025.
  • At AED 130,000 a year the gross yield on the 2011 price is 27.9%, 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 15 December 2025.

Questions about 1304, Time Place Tower

What did unit 1304 last sell for?

AED 466,077 on 18 July 2011, sold by the developer: AED 380 per sqft for 1,226 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 130,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 120,000; the unit has been rented since November 2012.

How big is unit 1304?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 13th floor of a 34-storey tower completed in 2009.

What is unit 1304 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 1304, Time Place Tower

Starts from the last sale price (AED 466K, 18 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 466,077
Deposit, UAE resident (20%)
AED 93,215
Deposit, non-resident (40%)
AED 186,431
Monthly over 25 years at 3.7%
AED 1,907

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