1-bed · 692 sqftTime Place Tower, Dubai Marina · 24th floor · completed 2009

2401, Time Place Tower

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

Unit 2401 · DLD and Ejari recordsUpdated 11 April 2026
Last soldAED 587K18 February 2013
Current rentAED 79K /yr11 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Time Place Tower

What is 2401 worth today?

Last sold for AED 586,530 in 2013

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11 Apr 2026RentedRenewal
AED 79,000/yr12 months · AED 115 per sqft
11 Apr 2025RentedRenewal
AED 79,000/yr12 months · AED 115 per sqft
11 Apr 2024RentedRenewal
AED 73,000/yr12 months · AED 106 per sqft
11 Apr 2023RentedRenewal
AED 69,000/yr12 months · AED 100 per sqft
11 Apr 2022RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
11 Apr 2021RentedRenewal
AED 54,000/yr12 months · AED 78 per sqft
12 Apr 2020RentedRenewal
AED 62,167/yr12 months · AED 90 per sqft
10 Apr 2019RentedNew contract
AED 65,635/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 11 April 2026.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
24th of 34
Parking
48(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 587K · February 2013

About 2401, Time Place Tower

2401 is a one-bedroom apartment of 692 sqft on the 24th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 February 2013 for AED 586,530, or AED 847 per sqft, 5% above the AED 806 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 11 April 2026, is AED 79,000 a year: a gross yield of 13.5% on the 2013 price, before the service charge of about AED 15,900 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, February 2013: AED 586,530 (AED 847 per sqft)

2401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, 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 2013: AED 55,000 a yearNew contract, February 2014: AED 55,000 a yearNew contract, April 2019: AED 65,635 a yearRenewal, April 2020: AED 62,167 a yearRenewal, April 2021: AED 54,000 a yearRenewal, April 2022: AED 60,000 a yearRenewal, April 2023: AED 69,000 a yearRenewal, April 2024: AED 73,000 a yearRenewal, April 2025: AED 79,000 a yearRenewal, April 2026: AED 79,000 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 2401 sits

All 190 1-beds →

2401 last sold in February 2013 at AED 847 per sqft, 5% above what one-beds in Time Place Tower were fetching at the time (AED 806). 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. 2401's AED 79,000 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 24th floor

All 300 units in Time Place Tower
Value
24021-bedAED 842K · Jun 2013
24031-bedAED 1.3M · Oct 2014
24042-bedAED 1.53M · Sep 2015
24052-bedAED 2M · Nov 2024
24063-bedAED 883K · Jul 2010
24071-bedAED 788K · Nov 2009
24081-bedAED 700K · Jul 2011
1–7 of 8

2401, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 18 February 2013 for AED 586,530, or AED 847 per sqft.
  • Rented since February 2013 on 10 Ejari contracts, from AED 55,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2013 price is 13.5%, 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 11 April 2026.

Questions about 2401, Time Place Tower

What did unit 2401 last sell for?

AED 586,530 on 18 February 2013, sold by the developer: AED 847 per sqft for 692 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 79,000 a year on the contract renewed on 11 April 2026. The previous contract, from April 2025, was AED 79,000; the unit has been rented since February 2013.

How big is unit 2401?

692 sqft (64.3 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.

What is unit 2401 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 2401, Time Place Tower

Starts from the last sale price (AED 587K, 18 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 586,530
Deposit, UAE resident (20%)
AED 117,306
Deposit, non-resident (40%)
AED 234,612
Monthly over 25 years at 3.7%
AED 2,400

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