1305, Time Place Tower
Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1305, Time Place Tower
What is 1305 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 13th of 34
- Parking
- 35(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 30,200 /yr
- Last sold
- AED 984K · February 2010
- Building
- Time Place Tower
About 1305, Time Place Tower
1305 is a two-bedroom apartment of 1,314 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 14 February 2010 for AED 984,231, or AED 748 per sqft, 6% below the AED 798 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 August 2023, is AED 115,000 a year: a gross yield of 11.7% on the 2010 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1305 over time
1305 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 1305 sits
All 68 2-beds →1305 last sold in February 2010 at AED 748 per sqft, 6% below what two-beds in Time Place Tower were fetching at the time (AED 798). 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. 1305's AED 115,000 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 13th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 692 sqft | AED 501KAED 501,237 · Dec 2013December 2013 | 70,000 /yr | |
| 1302 | 1-bed | 787 sqft | AED 1.07MAED 1,065,000 · Jan 2016January 2016 | 60,000 /yr | |
| 1303 | 1-bed | 815 sqft | AED 1.22MAED 1,220,000 · May 2024May 2024 | 100,000 /yr | |
| 1304 | 2-bed | 1,226 sqft | AED 466KAED 466,077 · Jul 2011July 2011 | 130,000 /yr | |
| 1306 | 3-bed | 1,944 sqft | AED 1.33MAED 1,330,000 · Dec 2019December 2019 | 160,000 /yr | |
| 1307 | 1-bed | 869 sqft | AED 965KAED 965,000 · May 2018May 2018 | 95,000 /yr | |
| 1308 | 1-bed | 789 sqft | AED 630KAED 630,000 · Jan 2021January 2021 | 81,034 /yr | |
| 1309 | 1-bed | 704 sqft | AED 750KAED 750,000 · Jun 2022June 2022 | 40,000 /yr |
1305, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 14 February 2010 for AED 984,231, or AED 748 per sqft.
- Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 72,000 in 2021 and recovered to AED 115,000 by August 2023.
- At AED 115,000 a year the gross yield on the 2010 price is 11.7%, before a service charge of about AED 30,200 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 1 August 2023.
Questions about 1305, Time Place Tower
What did unit 1305 last sell for?
AED 984,231 on 14 February 2010, sold by the developer: AED 748 per sqft for 1,314 sqft. It is the only registered sale of the unit.
What is the rent for unit 1305?
AED 115,000 a year on the contract signed on 1 August 2023. The previous contract, from May 2022, was AED 90,000; the unit has been rented since June 2018.
How big is unit 1305?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 13th floor of a 34-storey tower completed in 2009.
What is unit 1305 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 1305, Time Place Tower
Starts from the last sale price (AED 984K, 14 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 984,231
- Deposit, UAE resident (20%)
- AED 196,846
- Deposit, non-resident (40%)
- AED 393,692
- Monthly over 25 years at 3.7%
- AED 4,027
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →