2-bed · 1,226 sqftTime Place Tower, Dubai Marina · 20th floor · completed 2009

2004, Time Place Tower

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 800K28 March 2012
Current rentAED 120K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Time Place Tower

What is 2004 worth today?

Last sold for AED 800,000 in 2012

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22 Aug 2025RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
31 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 73 per sqft
31 Dec 2020RentedRenewal
AED 85,000/yr12 months · AED 69 per sqft
1 Dec 2019RentedRenewal
AED 100,000/yr13 months · AED 81 per sqft
1 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
1 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
17 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 81 per sqft
28 Mar 2012SoldReady
AED 800,000AED 652 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
20th of 34
Parking
28(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 28,200 /yr
Last sold
AED 800K · March 2012

About 2004, Time Place Tower

2004 is a two-bedroom apartment of 1,226 sqft on the 20th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 28 March 2012 for AED 800,000, or AED 652 per sqft, 7% above the AED 608 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 22 August 2025, is AED 120,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 28,200 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, November 2010: AED 1,008,027 (AED 822 per sqft)Sold, March 2012: AED 800,000 (AED 652 per sqft)

2004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, 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, November 2014: AED 100,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, December 2018: AED 105,000 a yearRenewal, December 2019: AED 100,000 a yearRenewal, December 2020: AED 85,000 a yearRenewal, December 2021: AED 90,000 a yearNew contract, August 2025: AED 120,000 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 2004 sits

All 68 2-beds →

2004 last sold in March 2012 at AED 652 per sqft, 7% above what two-beds in Time Place Tower were fetching at the time (AED 608). 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. 2004's AED 120,000 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 20th floor

All 300 units in Time Place Tower
Value
20011-bedAED 1.24M · Jan 2025
20021-bedAED 1.52M · Mar 2025
20031-bedAED 1M · Dec 2015
20052-bedAED 860K · Jan 2017
20063-bedAED 1.67M · Jun 2015
20071-bedAED 724K · Nov 2014
20081-bedAED 980K · Nov 2015
1–7 of 8

2004, Time Place Tower in numbers

  • Sold twice: first on 1 November 2010 for AED 1,008,027, last on 28 March 2012 for AED 800,000 (AED 652 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2020 and recovered to AED 120,000 by August 2025.
  • At AED 120,000 a year the gross yield on the 2012 price is 15.0%, 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 22 August 2025.

Questions about 2004, Time Place Tower

What did unit 2004 last sell for?

AED 800,000 on 28 March 2012: AED 652 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 1,008,027 in November 2010.

What is the rent for unit 2004?

AED 120,000 a year on the contract signed on 22 August 2025. The previous contract, from December 2021, was AED 90,000; the unit has been rented since November 2014.

How big is unit 2004?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.

What is unit 2004 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 2004, Time Place Tower

Starts from the last sale price (AED 800K, 28 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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