2405, Time Place Tower
Sold prices and rental history: sold 3 times, last in November 2024, 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 2405, Time Place Tower
What is 2405 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 24th of 34
- Parking
- 29(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 29,000 /yr
- Last sold
- AED 2M · November 2024
- Building
- Time Place Tower
About 2405, Time Place Tower
2405 is a two-bedroom apartment of 1,259 sqft on the 24th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 11 November 2024 for AED 2,000,000, or AED 1,588 per sqft, 17% above the AED 1,355 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 185,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 29,000 a year.
Sales and rents for 2405 over time
2405 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 2405 sits
All 68 2-beds →2405 last sold in November 2024 at AED 1,588 per sqft, 17% above what two-beds in Time Place Tower were fetching at the time (AED 1,355). 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. 2405's AED 185,000 is in the upper half 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 24th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 692 sqft | AED 587KAED 586,530 · Feb 2013February 2013 | 79,000 /yr | |
| 2402 | 1-bed | 850 sqft | AED 842KAED 841,500 · Jun 2013June 2013 | 88,000 /yr | |
| 2403 | 1-bed | 815 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | 70,000 /yr | |
| 2404 | 2-bed | 1,161 sqft | AED 1.53MAED 1,525,000 · Sep 2015September 2015 | ||
| 2406 | 3-bed | 1,891 sqft | AED 883KAED 882,700 · Jul 2010July 2010 | 150,000 /yr | |
| 2407 | 1-bed | 878 sqft | AED 788KAED 787,742 · Nov 2009November 2009 | 78,000 /yr | |
| 2408 | 1-bed | 880 sqft | AED 700KAED 700,000 · Jul 2011July 2011 | 73,500 /yr | |
| 2409 | 1-bed | 704 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 85,000 /yr |
2405, Time Place Tower in numbers
- Sold 3 times: first on 28 February 2012 for AED 1,116,594, last on 11 November 2024 for AED 2,000,000 (AED 1,588 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2020 and recovered to AED 185,000 by November 2025.
- At AED 185,000 a year the gross yield on the 2024 price is 9.3%, 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 1 November 2025.
Questions about 2405, Time Place Tower
What did unit 2405 last sell for?
AED 2,000,000 on 11 November 2024: AED 1,588 per sqft for 1,259 sqft. The unit has 3 registered sales; the first was AED 1,116,594 in February 2012.
What is the rent for unit 2405?
AED 185,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 131,250; the unit has been rented since August 2013.
How big is unit 2405?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.
What is unit 2405 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 2405, Time Place Tower
Starts from the last sale price (AED 2M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →