1-bed · 850 sqftTime Place Tower, Dubai Marina · 23rd floor · completed 2009

2302, Time Place Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 910K13 December 2012
Current rentAED 71K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Time Place Tower

What is 2302 worth today?

Last sold for AED 910,000 in 2012

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3 Jul 2026RentedNew contract
AED 71,000/yr12 months · AED 84 per sqft
8 Mar 2025RentedNew contract
AED 84,000/yr12 months · AED 99 per sqft
8 Mar 2025RentedNew contract
AED 84,000/yr12 months · AED 99 per sqft
23 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 88 per sqft
23 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 88 per sqft
23 Feb 2023RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
20 Oct 2021RentedRenewal
AED 49,000/yr12 months · AED 58 per sqft
20 Oct 2020RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
23rd of 34
Parking
7(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 19,600 /yr
Last sold
AED 910K · December 2012

About 2302, Time Place Tower

2302 is a one-bedroom apartment of 850 sqft on the 23rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 13 December 2012 for AED 910,000, or AED 1,070 per sqft, 36% above the AED 787 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 3 July 2026, is AED 71,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, November 2012: AED 833,000 (AED 979 per sqft)Sold, December 2012: AED 910,000 (AED 1,070 per sqft)

2302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2302, 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, October 2017: AED 83,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, October 2020: AED 44,000 a yearRenewal, October 2021: AED 49,000 a yearNew contract, February 2023: AED 70,000 a yearRenewal, February 2024: AED 75,000 a yearRenewal, February 2024: AED 75,000 a yearNew contract, March 2025: AED 84,000 a yearNew contract, March 2025: AED 84,000 a yearNew contract, July 2026: AED 71,000 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 2302 sits

All 190 1-beds →

2302 last sold in December 2012 at AED 1,070 per sqft, 36% above what one-beds in Time Place Tower were fetching at the time (AED 787). 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. 2302's AED 71,000 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
23011-bedAED 581K · Dec 2013
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

2302, Time Place Tower in numbers

  • Sold twice: first on 21 November 2012 for AED 833,000, last on 13 December 2012 for AED 910,000 (AED 1,070 per sqft).
  • Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 83,000 to AED 44,000 in 2020 and recovered to AED 71,000 by July 2026.
  • At AED 71,000 a year the gross yield on the 2012 price is 7.8%, before a service charge of about AED 19,600 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 3 July 2026.

Questions about 2302, Time Place Tower

What did unit 2302 last sell for?

AED 910,000 on 13 December 2012: AED 1,070 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 833,000 in November 2012.

What is the rent for unit 2302?

AED 71,000 a year on the contract signed on 3 July 2026. The previous contract, from March 2025, was AED 84,000; the unit has been rented since October 2017.

How big is unit 2302?

850 sqft (79.0 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.

What is unit 2302 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 2302, Time Place Tower

Starts from the last sale price (AED 910K, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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