2-bed · 1,314 sqftTime Place Tower, Dubai Marina · 18th floor · completed 2009

1805, Time Place Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1805 · DLD and Ejari recordsUpdated 11 June 2022
Last soldAED 1.04M5 April 2010
Current rentAED 88K /yr11 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1805, Time Place Tower

What is 1805 worth today?

Last sold for AED 1,040,796 in 2010

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11 Jun 2022RentedRenewal
AED 88,000/yr12 months · AED 67 per sqft
11 Jun 2021RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
11 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
14 Mar 2019RentedNew contract
AED 107,500/yr12 months · AED 82 per sqft
1 Mar 2018RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
1 Sep 2017RentedNew contract
AED 120,000/yr6 months · AED 91 per sqft
1 Mar 2017RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
5 Apr 2010Sold by developerReady
AED 1,040,796AED 791 per sqft

Source: Dubai Land Department. Updated 11 June 2022.

Key facts

Type
2-bed apartment
Size
1,314 sqft
Floor
18th of 34
Parking
63(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 30,200 /yr
Last sold
AED 1.04M · April 2010

About 1805, Time Place Tower

1805 is a two-bedroom apartment of 1,314 sqft on the 18th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 5 April 2010 for AED 1,040,796, or AED 791 per sqft, in line with the AED 793 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 11 June 2022, is AED 88,000 a year: a gross yield of 8.5% on the 2010 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1805 over time

Sales
Unit 1805, 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, April 2010: AED 1,040,796 (AED 791 per sqft)

1805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1805, each contractTypical two-bed in Time Place Tower
75K100K125K2012201620202024Typical 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 2017: AED 120,000 a yearNew contract, September 2017: AED 120,000 a yearRenewal, March 2018: AED 120,000 a yearNew contract, March 2019: AED 107,500 a yearNew contract, June 2020: AED 80,000 a yearRenewal, June 2021: AED 80,000 a yearRenewal, June 2022: AED 88,000 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 1805 sits

All 68 2-beds →

1805 last sold in April 2010 at AED 791 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 793). 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. 1805's AED 88,000 is at the bottom 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 18th floor

All 300 units in Time Place Tower
Value
18011-bedAED 1.15M · Nov 2025
18021-bedAED 1.22M · Jun 2024
18031-bedAED 1.05M · Apr 2025
18042-bedAED 1.58M · Jun 2013
18063-bedAED 1.64M · Nov 2009
18071-bedAED 708K · Mar 2010
18081-bedAED 875K · Jan 2023
1–7 of 8

1805, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 5 April 2010 for AED 1,040,796, or AED 791 per sqft.
  • Rented since March 2017 on 7 Ejari contracts, from AED 120,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2010 price is 8.5%, 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 11 June 2022.

Questions about 1805, Time Place Tower

What did unit 1805 last sell for?

AED 1,040,796 on 5 April 2010, sold by the developer: AED 791 per sqft for 1,314 sqft. It is the only registered sale of the unit.

What is the rent for unit 1805?

AED 88,000 a year on the contract renewed on 11 June 2022. The previous contract, from June 2021, was AED 80,000; the unit has been rented since March 2017.

How big is unit 1805?

1,314 sqft (122.1 sqm): a two-bedroom apartment on the 18th floor of a 34-storey tower completed in 2009.

What is unit 1805 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 1805, Time Place Tower

Starts from the last sale price (AED 1.04M, 5 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,796
Deposit, UAE resident (20%)
AED 208,159
Deposit, non-resident (40%)
AED 416,318
Monthly over 25 years at 3.7%
AED 4,258

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