2005, Time Place Tower
Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, Time Place Tower
What is 2005 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 20th of 34
- Parking
- 9(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 30,200 /yr
- Last sold
- AED 860K · January 2017
- Building
- Time Place Tower
About 2005, Time Place Tower
2005 is a two-bedroom apartment of 1,314 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 5 January 2017 for AED 860,000, or AED 654 per sqft, 46% below the AED 1,211 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 130,000 a year: a gross yield of 15.1% on the 2017 price, before the service charge of about AED 30,200 a year.
Sales and rents for 2005 over time
2005 has sold twice; 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 2005 sits
All 68 2-beds →2005 last sold in January 2017 at AED 654 per sqft, 46% below what two-beds in Time Place Tower were fetching at the time (AED 1,211). 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. 2005's AED 130,000 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 20th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 692 sqft | AED 1.24MAED 1,240,000 · Jan 2025January 2025 | 95,000 /yr | |
| 2002 | 1-bed | 787 sqft | AED 1.52MAED 1,520,000 · Mar 2025March 2025 | 80,000 /yr | |
| 2003 | 1-bed | 815 sqft | AED 1MAED 1,000,000 · Dec 2015December 2015 | 80,000 /yr | |
| 2004 | 2-bed | 1,226 sqft | AED 800KAED 800,000 · Mar 2012March 2012 | 120,000 /yr | |
| 2006 | 3-bed | 1,944 sqft | AED 1.67MAED 1,671,936 · Jun 2015June 2015 | 187,000 /yr | |
| 2007 | 1-bed | 869 sqft | AED 724KAED 723,726 · Nov 2014November 2014 | 83,000 /yr | |
| 2008 | 1-bed | 789 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 80,000 /yr | |
| 2009 | 1-bed | 704 sqft | AED 544KAED 543,628 · Feb 2010February 2010 | 76,411 /yr |
2005, Time Place Tower in numbers
- Sold twice: first on 10 May 2011 for AED 531,711, last on 5 January 2017 for AED 860,000 (AED 654 per sqft).
- Rented since June 2013 on 11 Ejari contracts, from AED 32,500 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2017 price is 15.1%, 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 25 April 2026.
Questions about 2005, Time Place Tower
What did unit 2005 last sell for?
AED 860,000 on 5 January 2017: AED 654 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 531,711 in May 2011.
What is the rent for unit 2005?
AED 130,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 130,000; the unit has been rented since June 2013.
How big is unit 2005?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.
What is unit 2005 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 2005, Time Place Tower
Starts from the last sale price (AED 860K, 5 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →