2309, Time Place Tower
Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2309, Time Place Tower
What is 2309 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 23rd of 34
- Parking
- 27(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 850K · May 2017
- Building
- Time Place Tower
About 2309, Time Place Tower
2309 is a one-bedroom apartment of 704 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 10 May 2017 for AED 850,000, or AED 1,207 per sqft, in line with the AED 1,189 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 68,800 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 16,200 a year.
Sales and rents for 2309 over time
2309 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 2309 sits
All 190 1-beds →2309 last sold in May 2017 at AED 1,207 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,189). 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. 2309's AED 68,800 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 | |
| 2308 | 1-bed | 880 sqft | AED 720KAED 720,000 · Mar 2020March 2020 | 72,000 /yr |
2309, Time Place Tower in numbers
- Sold twice: first on 3 October 2013 for AED 579,744, last on 10 May 2017 for AED 850,000 (AED 1,207 per sqft).
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 68,800 by December 2024.
- At AED 68,800 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 16,200 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 1 December 2024.
Questions about 2309, Time Place Tower
What did unit 2309 last sell for?
AED 850,000 on 10 May 2017: AED 1,207 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 579,744 in October 2013.
What is the rent for unit 2309?
AED 68,800 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 68,800; the unit has been rented since August 2018.
How big is unit 2309?
704 sqft (65.4 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.
What is unit 2309 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 2309, Time Place Tower
Starts from the last sale price (AED 850K, 10 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →