1-bed · 692 sqftTime Place Tower, Dubai Marina · 21st floor · completed 2009

2101, Time Place Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 850K11 July 2023
Current rentAED 74K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, Time Place Tower

What is 2101 worth today?

Last sold for AED 850,000 in 2023

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26 Apr 2024RentedRenewal
AED 73,821/yr6 months · AED 107 per sqft
26 Apr 2024RentedRenewal
AED 73,821/yr6 months · AED 107 per sqft
11 Jul 2023SoldReady
AED 850,000AED 1,228 per sqft
11 Jul 2023RentedNew contract
AED 70,669/yr10 months · AED 102 per sqft
26 Apr 2022RentedNew contract
AED 59,000/yr12 months · AED 86 per sqft
20 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 64 per sqft
20 Sep 2020RentedRenewal
AED 46,000/yr12 months · AED 67 per sqft
20 Sep 2019RentedNew contract
AED 54,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
21st of 34
Parking
25(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 850K · July 2023

About 2101, Time Place Tower

2101 is a one-bedroom apartment of 692 sqft on the 21st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 11 July 2023 for AED 850,000, or AED 1,228 per sqft, 8% above the AED 1,142 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 26 April 2024, is AED 73,821 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 15,900 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, 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, July 2011: AED 274,775 (AED 397 per sqft)Sold, February 2016: AED 975,000 (AED 1,409 per sqft)Sold, July 2023: AED 850,000 (AED 1,228 per sqft)

2101 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2101, each contractTypical one-bed in Time Place Tower
40K60K80K2012201620202024Typical 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, August 2018: AED 69,000 a yearNew contract, September 2019: AED 54,000 a yearRenewal, September 2020: AED 46,000 a yearNew contract, March 2021: AED 44,000 a yearNew contract, April 2022: AED 59,000 a yearNew contract, July 2023: AED 70,669 a yearRenewal, April 2024: AED 73,821 a yearRenewal, April 2024: AED 73,821 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 2101 sits

All 190 1-beds →

2101 last sold in July 2023 at AED 1,228 per sqft, 8% above what one-beds in Time Place Tower were fetching at the time (AED 1,142). 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. 2101's AED 73,821 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 21st floor

All 300 units in Time Place Tower
Value
21021-bedAED 641K · Feb 2016
21031-bedAED 1.47M · Aug 2026
21042-bedAED 1.02M · Oct 2012
21052-bedAED 1.42M · Oct 2022
21063-bedAED 1.69M · Feb 2012
21071-bedAED 768K · Sep 2010
21081-bedAED 604K · May 2024
1–7 of 8

2101, Time Place Tower in numbers

  • Sold 3 times: first on 18 July 2011 for AED 274,775, last on 11 July 2023 for AED 850,000 (AED 1,228 per sqft).
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 69,000 to AED 44,000 in 2021 and recovered to AED 73,821 by April 2024.
  • At AED 73,821 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 15,900 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 26 April 2024.

Questions about 2101, Time Place Tower

What did unit 2101 last sell for?

AED 850,000 on 11 July 2023: AED 1,228 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 274,775 in July 2011.

What is the rent for unit 2101?

AED 73,821 a year on the contract renewed on 26 April 2024. The previous contract, from April 2024, was AED 73,821; the unit has been rented since August 2018.

How big is unit 2101?

692 sqft (64.3 sqm): a one-bedroom apartment on the 21st floor of a 34-storey tower completed in 2009.

What is unit 2101 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 2101, Time Place Tower

Starts from the last sale price (AED 850K, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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