2305, Time Place Tower
Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, Time Place Tower
What is 2305 worth today?
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Source: Dubai Land Department. Updated 3 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 23rd of 34
- Parking
- 34(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 29,000 /yr
- Last sold
- AED 2.15M · April 2024
- Building
- Time Place Tower
About 2305, Time Place Tower
2305 is a two-bedroom apartment of 1,259 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 3 April 2024 for AED 2,150,000, or AED 1,707 per sqft, 35% above the AED 1,264 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 88,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 29,000 a year.
Sales and rents for 2305 over time
2305 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Time Place Tower, and where 2305 sits
All 68 2-beds →2305 last sold in April 2024 at AED 1,707 per sqft, 35% above what two-beds in Time Place Tower were fetching at the time (AED 1,264). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 2305's AED 88,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 |
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 23rd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 692 sqft | AED 581KAED 580,545 · Dec 2013December 2013 | 60,000 /yr | |
| 2302 | 1-bed | 850 sqft | AED 910KAED 910,000 · Dec 2012December 2012 | 71,000 /yr | |
| 2303 | 1-bed | 869 sqft | AED 1.1MAED 1,100,000 · Sep 2013September 2013 | 80,000 /yr | |
| 2304 | 2-bed | 1,325 sqft | AED 1.71MAED 1,710,000 · Jun 2024June 2024 | 80,000 /yr | |
| 2306 | 3-bed | 1,891 sqft | AED 1.5MAED 1,500,000 · Mar 2025March 2025 | 166,000 /yr | |
| 2307 | 1-bed | 878 sqft | AED 776KAED 776,100 · Oct 2014October 2014 | 78,000 /yr | |
| 2308 | 1-bed | 880 sqft | AED 720KAED 720,000 · Mar 2020March 2020 | 72,000 /yr | |
| 2309 | 1-bed | 704 sqft | AED 850KAED 850,000 · May 2017May 2017 | 68,800 /yr |
2305, Time Place Tower in numbers
- Sold 3 times: first on 23 August 2010 for AED 1,105,647, last on 3 April 2024 for AED 2,150,000 (AED 1,707 per sqft).
- Rented since August 2021 on 2 Ejari contracts, from AED 80,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 29,000 a year (AED 23.00 per sqft).
- Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 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 April 2024.
Questions about 2305, Time Place Tower
What did unit 2305 last sell for?
AED 2,150,000 on 3 April 2024: AED 1,707 per sqft for 1,259 sqft. The unit has 3 registered sales; the first was AED 1,105,647 in August 2010.
What is the rent for unit 2305?
AED 88,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 80,000.
How big is unit 2305?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.
What is unit 2305 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.
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Mortgage on 2305, Time Place Tower
Starts from the last sale price (AED 2.15M, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →