2-bed · 1,226 sqftTime Place Tower, Dubai Marina · 15th floor · completed 2009

1504, Time Place Tower

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.45M10 April 2023
Current rentAED 110K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Time Place Tower

What is 1504 worth today?

Last sold for AED 1,450,000 in 2023

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15 Sep 2026RentedRenewal
AED 109,580/yr12 months · AED 89 per sqft
15 Sep 2025RentedRenewal
AED 135,000/yr12 months · AED 110 per sqft
15 Sep 2025RentedRenewal
AED 109,580/yr12 months · AED 89 per sqft
15 Sep 2024RentedRenewal
AED 104,362/yr12 months · AED 85 per sqft
15 Sep 2024RentedRenewal
AED 104,362/yr12 months · AED 85 per sqft
15 Sep 2023RentedRenewal
AED 94,875/yr12 months · AED 77 per sqft
15 Sep 2023RentedNew contract
AED 94,875/yr12 months · AED 77 per sqft
10 Apr 2023SoldReady
AED 1,450,000AED 1,183 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
15th of 34
Parking
97(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 28,200 /yr
Last sold
AED 1.45M · April 2023

About 1504, Time Place Tower

1504 is a two-bedroom apartment of 1,226 sqft on the 15th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 10 April 2023 for AED 1,450,000, or AED 1,183 per sqft, 9% above the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 16 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 109,580 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, February 2014: AED 953,832 (AED 778 per sqft)Sold, April 2023: AED 1,450,000 (AED 1,183 per sqft)

1504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, 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, March 2015: AED 130,000 a yearNew contract, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearRenewal, March 2018: AED 126,000 a yearRenewal, July 2018: AED 110,000 a yearNew contract, August 2019: AED 80,000 a yearNew contract, August 2020: AED 65,000 a yearNew contract, September 2021: AED 75,000 a yearRenewal, September 2022: AED 86,250 a yearRenewal, September 2023: AED 94,875 a yearNew contract, September 2023: AED 94,875 a yearRenewal, September 2024: AED 104,362 a yearRenewal, September 2024: AED 104,362 a yearRenewal, September 2025: AED 135,000 a yearRenewal, September 2025: AED 109,580 a yearRenewal, September 2026: AED 109,580 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 1504 sits

All 68 2-beds →

1504 last sold in April 2023 at AED 1,183 per sqft, 9% above what two-beds in Time Place Tower were fetching at the time (AED 1,083). 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. 1504's AED 109,580 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 15th floor

All 300 units in Time Place Tower
Value
15011-bedAED 850K · Jan 2023
15021-bedAED 1.54M · Aug 2025
15031-bedAED 1.03M · Mar 2018
15052-bedAED 1.6M · May 2016
15063-bedAED 1.65M · Jul 2021
15071-bedAED 900K · Mar 2023
15081-bedAED 770K · Apr 2012
1–7 of 8

1504, Time Place Tower in numbers

  • Sold twice: first on 26 February 2014 for AED 953,832, last on 10 April 2023 for AED 1,450,000 (AED 1,183 per sqft).
  • Rented since March 2015 on 16 Ejari contracts. The rent fell from AED 130,000 to AED 65,000 in 2020 and recovered to AED 109,580 by September 2026.
  • At AED 109,580 a year the gross yield on the 2023 price is 7.6%, 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 15 September 2026.

Questions about 1504, Time Place Tower

What did unit 1504 last sell for?

AED 1,450,000 on 10 April 2023: AED 1,183 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 953,832 in February 2014.

What is the rent for unit 1504?

AED 109,580 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 135,000; the unit has been rented since March 2015.

How big is unit 1504?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2009.

What is unit 1504 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 1504, Time Place Tower

Starts from the last sale price (AED 1.45M, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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