1604, Time Place Tower
Sold prices and rental history: sold 3 times, last in April 2022, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Time Place Tower
What is 1604 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 16th of 34
- Parking
- 78(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 1.1M · April 2022
- Building
- Time Place Tower
About 1604, Time Place Tower
1604 is a two-bedroom apartment of 1,226 sqft on the 16th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 20 April 2022 for AED 1,100,000, or AED 897 per sqft, in line with the AED 897 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 105,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 28,200 a year.
Sales and rents for 1604 over time
1604 has sold 3 times; 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 1604 sits
All 68 2-beds →1604 last sold in April 2022 at AED 897 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 897). 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. 1604's AED 105,000 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 16th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 692 sqft | AED 710KAED 710,000 · Sep 2022September 2022 | 43,000 /yr | |
| 1602 | 1-bed | 787 sqft | AED 606KAED 606,106 · Apr 2010April 2010 | 65,000 /yr | |
| 1603 | 1-bed | 815 sqft | AED 875KAED 875,000 · Dec 2022December 2022 | 75,000 /yr | |
| 1605 | 2-bed | 1,314 sqft | AED 1.83MAED 1,825,000 · Oct 2026October 2026 | 80,000 /yr | |
| 1606 | 3-bed | 1,944 sqft | AED 2.23MAED 2,230,000 · Jun 2023June 2023 | 150,000 /yr | |
| 1607 | 1-bed | 869 sqft | AED 1.4MAED 1,400,000 · Jan 2026January 2026 | 84,808 /yr | |
| 1608 | 1-bed | 789 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 73,063 /yr | |
| 1609 | 1-bed | 704 sqft | AED 520KAED 519,992 · Feb 2010February 2010 | 15,600 /yr |
1604, Time Place Tower in numbers
- Sold 3 times: first on 16 December 2010 for AED 964,671, last on 20 April 2022 for AED 1,100,000 (AED 897 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 9.6%, 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 1 October 2026.
Questions about 1604, Time Place Tower
What did unit 1604 last sell for?
AED 1,100,000 on 20 April 2022: AED 897 per sqft for 1,226 sqft. The unit has 3 registered sales; the first was AED 964,671 in December 2010.
What is the rent for unit 1604?
AED 105,000 a year on the contract signed on 1 October 2026.
How big is unit 1604?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2009.
What is unit 1604 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 1604, Time Place Tower
Starts from the last sale price (AED 1.1M, 20 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →