1-bed · 692 sqftTime Place Tower, Dubai Marina · 23rd floor · completed 2009

2301, Time Place Tower

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 581K29 December 2013
Current rentAED 60K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Time Place Tower

What is 2301 worth today?

Last sold for AED 580,545 in 2013

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26 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
10 Oct 2024RentedRenewal
AED 75,900/yr12 months · AED 110 per sqft
10 Oct 2024RentedRenewal
AED 75,900/yr12 months · AED 110 per sqft
10 Oct 2023RentedNew contract
AED 66,000/yr12 months · AED 95 per sqft
10 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
1 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
1 May 2019RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
15 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
23rd of 34
Parking
40(A00)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 581K · December 2013

About 2301, Time Place Tower

2301 is a one-bedroom apartment of 692 sqft on the 23rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 29 December 2013 for AED 580,545, or AED 839 per sqft, in line with the AED 842 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 26 October 2026, is AED 60,000 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 15,900 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, December 2013: AED 580,545 (AED 839 per sqft)

2301 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, 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, February 2016: AED 80,000 a yearNew contract, April 2019: AED 55,000 a yearNew contract, May 2019: AED 55,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, October 2022: AED 65,000 a yearNew contract, October 2023: AED 66,000 a yearRenewal, October 2024: AED 75,900 a yearRenewal, October 2024: AED 75,900 a yearNew contract, October 2026: AED 60,000 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 2301 sits

All 190 1-beds →

2301 last sold in December 2013 at AED 839 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 842). 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. 2301's AED 60,000 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 23rd floor

All 300 units in Time Place Tower
Value
23021-bedAED 910K · Dec 2012
23031-bedAED 1.1M · Sep 2013
23042-bedAED 1.71M · Jun 2024
23052-bedAED 2.15M · Apr 2024
23063-bedAED 1.5M · Mar 2025
23071-bedAED 776K · Oct 2014
23081-bedAED 720K · Mar 2020
1–7 of 8

2301, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 29 December 2013 for AED 580,545, or AED 839 per sqft.
  • Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 60,000 by October 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 10.3%, 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 October 2026.

Questions about 2301, Time Place Tower

What did unit 2301 last sell for?

AED 580,545 on 29 December 2013, sold by the developer: AED 839 per sqft for 692 sqft. It is the only registered sale of the unit.

What is the rent for unit 2301?

AED 60,000 a year on the contract signed on 26 October 2026. The previous contract, from October 2024, was AED 75,900; the unit has been rented since February 2016.

How big is unit 2301?

692 sqft (64.3 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.

What is unit 2301 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 2301, Time Place Tower

Starts from the last sale price (AED 581K, 29 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 580,545
Deposit, UAE resident (20%)
AED 116,109
Deposit, non-resident (40%)
AED 232,218
Monthly over 25 years at 3.7%
AED 2,375

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