2208, Time Place Tower
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2208, Time Place Tower
What is 2208 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 22nd of 34
- Parking
- 50(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.1M · July 2024
- Building
- Time Place Tower
About 2208, Time Place Tower
2208 is a one-bedroom apartment of 789 sqft on the 22nd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 1 July 2024 for AED 1,100,000, or AED 1,394 per sqft, 4% above the AED 1,342 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 10 December 2020, is AED 45,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 18,100 a year.
Sales and rents for 2208 over time
2208 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2208 sits
All 190 1-beds →2208 last sold in July 2024 at AED 1,394 per sqft, 4% above what one-beds in Time Place Tower were fetching at the time (AED 1,342). 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. 2208's AED 45,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 692 sqft | 1,000,000 | 1,445 | ||
| 22 Oct 202622 October 2026 | 878 sqft | 1,250,000 | 1,423 | ||
| 10 Sep 202610 September 2026 | 873 sqft | 1,520,000 | 1,741 | ||
| 25 Aug 202625 August 2026 | 815 sqft | 1,470,000 | 1,802 |
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 22nd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 692 sqft | AED 556KAED 555,588 · Jun 2015June 2015 | 37,000 /yr | |
| 2202 | 1-bed | 787 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | 70,000 /yr | |
| 2203 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Apr 2013April 2013 | 68,000 /yr | |
| 2204 | 2-bed | 1,226 sqft | AED 1.06MAED 1,060,000 · Jul 2021July 2021 | 110,000 /yr | |
| 2205 | 2-bed | 1,314 sqft | AED 2MAED 2,000,000 · Jan 2014January 2014 | 130,000 /yr | |
| 2206 | 3-bed | 1,944 sqft | AED 3.2MAED 3,200,000 · Nov 2025November 2025 | ||
| 2207 | 1-bed | 869 sqft | AED 739KAED 739,290 · May 2010May 2010 | 50,000 /yr | |
| 2209 | 1-bed | 704 sqft | AED 1.16MAED 1,160,000 · Feb 2026February 2026 | 40,000 /yr |
2208, Time Place Tower in numbers
- Sold twice: first on 7 October 2012 for AED 610,281, last on 1 July 2024 for AED 1,100,000 (AED 1,394 per sqft).
- Rented since December 2012 on 7 Ejari contracts, from AED 60,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 18,100 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 1 July 2024.
Questions about 2208, Time Place Tower
What did unit 2208 last sell for?
AED 1,100,000 on 1 July 2024: AED 1,394 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 610,281 in October 2012.
What is the rent for unit 2208?
AED 45,000 a year on the contract renewed on 10 December 2020. The previous contract, from December 2019, was AED 57,000; the unit has been rented since December 2012.
How big is unit 2208?
789 sqft (73.3 sqm): a one-bedroom apartment on the 22nd floor of a 34-storey tower completed in 2009.
What is unit 2208 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 2208, Time Place Tower
Starts from the last sale price (AED 1.1M, 1 July 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 →