1-bed · 849 sqftTime Place Tower, Dubai Marina · 2nd floor · completed 2009

202, Time Place Tower

Sold prices and rental history: sold 6 times, last in December 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.1M5 December 2024
Current rentAED 79K /yr17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Time Place Tower

What is 202 worth today?

Last sold for AED 1,100,000 in 2024

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5 Dec 2024SoldReady
AED 1,100,000AED 1,295 per sqft
17 Nov 2022RentedNew contract
AED 79,000/yr12 months · AED 93 per sqft
2 Nov 2022SoldReady
AED 800,000AED 942 per sqft
20 Sep 2020SoldReady
AED 1,000,000AED 1,177 per sqft
23 Oct 2016SoldReady
AED 1,100,000AED 1,295 per sqft
3 Feb 2011SoldReady
AED 490,000AED 577 per sqft
4 Mar 2010Sold by developerReady
AED 508,008AED 598 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
2nd of 34
Parking
26 (A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 19,500 /yr
Last sold
AED 1.1M · December 2024

About 202, Time Place Tower

202 is a one-bedroom apartment of 849 sqft on the 2nd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 5 December 2024 for AED 1,100,000, or AED 1,295 per sqft, 8% below the AED 1,406 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 November 2022. The current contract, signed on 17 November 2022, is AED 79,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 19,500 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 493,178; 2012 AED 630,000; 2013 AED 613,113; 2014 AED 1,050,000; 2015 AED 715,470; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 965,000; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 950,000; 2024 AED 1,100,000; 2025 AED 1,235,000; 2026 AED 1,275,000Sold by developer, March 2010: AED 508,008 (AED 598 per sqft)Sold, February 2011: AED 490,000 (AED 577 per sqft)Sold, October 2016: AED 1,100,000 (AED 1,295 per sqft)Sold, September 2020: AED 1,000,000 (AED 1,177 per sqft)Sold, November 2022: AED 800,000 (AED 942 per sqft)Sold, December 2024: AED 1,100,000 (AED 1,295 per sqft)

202 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 202, each contractTypical one-bed in Time Place Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 84,000; 2015 AED 87,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 71,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 80,000New contract, November 2022: AED 79,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Time Place Tower, and where 202 sits

All 190 1-beds →

202 last sold in December 2024 at AED 1,295 per sqft, 8% below what one-beds in Time Place Tower were fetching at the time (AED 1,406). Over the last 12 months one-beds sold for AED 800,000 to 1,520,000, around AED 1,610 per sqft, and rent for AED 40,000 to 163,000 a year. 202's AED 79,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,000,000
22 Oct 20261,250,000
10 Sep 20261,520,000
25 Aug 20261,470,000
13 1-bed sales 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 2nd floor

All 300 units in Time Place Tower
Value
2011-bedAED 790K · Aug 2022
2031-bedAED 497K · Feb 2010
2042-bedAED 1.36M · Oct 2023
2052-bedAED 1.5M · Sep 2024
2063-bedAED 1.36M · Apr 2015
2071-bedAED 1.23M · Mar 2025
2081-bedAED 1.3M · Aug 2026
1–7 of 8

202, Time Place Tower in numbers

  • Sold 6 times: first on 4 March 2010 for AED 508,008, last on 5 December 2024 for AED 1,100,000 (AED 1,295 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 19,500 a year (AED 23.00 per sqft).
  • One-beds in Time Place Tower sold for AED 800,000–1,520,000 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 5 December 2024.

Questions about 202, Time Place Tower

What did unit 202 last sell for?

AED 1,100,000 on 5 December 2024: AED 1,295 per sqft for 849 sqft. The unit has 6 registered sales; the first was AED 508,008 in March 2010.

What is the rent for unit 202?

AED 79,000 a year on the contract signed on 17 November 2022.

How big is unit 202?

849 sqft (78.9 sqm): a one-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2009.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Time Place Tower sold for AED 800,000 to 1,520,000 in the last 12 months, around AED 1,610 per sqft.

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Mortgage on 202, Time Place Tower

Starts from the last sale price (AED 1.1M, 5 December 2024). 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 →