2308, Time Place Tower
Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Time Place Tower
What is 2308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 March 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 23rd of 34
- Parking
- 1(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 720K · March 2020
- Building
- Time Place Tower
About 2308, Time Place Tower
2308 is a one-bedroom apartment of 880 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 16 March 2020 for AED 720,000, or AED 818 per sqft, in line with the AED 839 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 27 September 2018, is AED 72,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2308 over time
2308 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 2308 sits
All 190 1-beds →2308 last sold in March 2020 at AED 818 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 839). 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. 2308's AED 72,000 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 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 | |
| 2305 | 2-bed | 1,259 sqft | AED 2.15MAED 2,150,000 · Apr 2024April 2024 | 88,000 /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 | |
| 2309 | 1-bed | 704 sqft | AED 850KAED 850,000 · May 2017May 2017 | 68,800 /yr |
2308, Time Place Tower in numbers
- Sold twice: first on 18 July 2011 for AED 362,529, last on 16 March 2020 for AED 720,000 (AED 818 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 59,400 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 20,200 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 16 March 2020.
Questions about 2308, Time Place Tower
What did unit 2308 last sell for?
AED 720,000 on 16 March 2020: AED 818 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 362,529 in July 2011.
What is the rent for unit 2308?
AED 72,000 a year on the contract renewed on 27 September 2018. The previous contract, from September 2017, was AED 76,000; the unit has been rented since July 2013.
How big is unit 2308?
880 sqft (81.8 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.
What is unit 2308 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.
Selling 2308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2308, Time Place Tower
Starts from the last sale price (AED 720K, 16 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →