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1-bed · 869 sqftTime Place Tower, Dubai Marina · 21st floor · completed 2009

2107, Time Place Tower

Sold prices and rental history: sold once, by the developer in September 2010, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2107 · DLD and Ejari recordsUpdated 20 April 2023
Last soldAED 768K7 September 2010
Current rentAED 85K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2107, Time Place Tower

What is 2107 worth today?

Last sold for AED 768,083 in 2010

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20 Apr 2023RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
7 Sep 2010Sold by developerReady
AED 768,083AED 883 per sqft

Source: Dubai Land Department. Updated 20 April 2023.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
21st of 34
Parking
29(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 768K · September 2010
Building
Time Place Tower

About 2107, Time Place Tower

2107 is a one-bedroom apartment of 869 sqft on the 21st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 7 September 2010 for AED 768,083, or AED 883 per sqft, 15% above the AED 770 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2023. The current contract, signed on 20 April 2023, is AED 85,000 a year: a gross yield of 11.1% on the 2010 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2107 over time

Sales
Unit 2107, 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, September 2010: AED 768,083 (AED 883 per sqft)

2107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2107, 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, April 2023: AED 85,000 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 2107 sits

All 190 1-beds →

2107 last sold in September 2010 at AED 883 per sqft, 15% above what one-beds in Time Place Tower were fetching at the time (AED 770). 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. 2107's AED 85,000 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 21st floor

All 300 units in Time Place Tower
Value
21011-bedAED 850K · Jul 2023
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
21081-bedAED 604K · May 2024
1–7 of 8

2107, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 7 September 2010 for AED 768,083, or AED 883 per sqft.
  • Rented since April 2023 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2010 price is 11.1%, before a service charge of about AED 20,000 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 20 April 2023.

Questions about 2107, Time Place Tower

What did unit 2107 last sell for?

AED 768,083 on 7 September 2010, sold by the developer: AED 883 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 2107?

AED 85,000 a year on the contract signed on 20 April 2023.

How big is unit 2107?

869 sqft (80.7 sqm): a one-bedroom apartment on the 21st floor of a 34-storey tower completed in 2009.

What is unit 2107 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 2107, Time Place Tower

Starts from the last sale price (AED 768K, 7 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 768,083
Deposit, UAE resident (20%)
AED 153,617
Deposit, non-resident (40%)
AED 307,233
Monthly over 25 years at 3.7%
AED 3,142

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