2408, Time Place Tower
Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Time Place Tower
What is 2408 worth today?
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Source: Dubai Land Department. Updated 2 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 24th of 34
- Parking
- 40(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 700K · July 2011
- Building
- Time Place Tower
About 2408, Time Place Tower
2408 is a one-bedroom apartment of 880 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 17 July 2011 for AED 700,000, or AED 795 per sqft, 8% above the AED 735 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 73,500 a year: a gross yield of 10.5% on the 2011 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2408 over time
2408 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 2408 sits
All 190 1-beds →2408 last sold in July 2011 at AED 795 per sqft, 8% above what one-beds in Time Place Tower were fetching at the time (AED 735). 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. 2408's AED 73,500 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 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 | ||
| 2405 | 2-bed | 1,259 sqft | AED 2MAED 2,000,000 · Nov 2024November 2024 | 185,000 /yr | |
| 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 | |
| 2409 | 1-bed | 704 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 85,000 /yr |
2408, Time Place Tower in numbers
- Sold twice: first on 28 April 2010 for AED 732,344, last on 17 July 2011 for AED 700,000 (AED 795 per sqft).
- Rented since October 2017 on 11 Ejari contracts. The rent fell from AED 77,000 to AED 50,000 in 2021 and recovered to AED 73,500 by April 2025.
- At AED 73,500 a year the gross yield on the 2011 price is 10.5%, 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 2 April 2025.
Questions about 2408, Time Place Tower
What did unit 2408 last sell for?
AED 700,000 on 17 July 2011: AED 795 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 732,344 in April 2010.
What is the rent for unit 2408?
AED 73,500 a year on the contract renewed on 2 April 2025. The previous contract, from April 2025, was AED 73,500; the unit has been rented since October 2017.
How big is unit 2408?
880 sqft (81.8 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.
What is unit 2408 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 2408, Time Place Tower
Starts from the last sale price (AED 700K, 17 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →