1-bed · 704 sqftTime Place Tower, Dubai Marina · 24th floor · completed 2009

2409, Time Place Tower

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 980K5 November 2015
Current rentAED 85K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Time Place Tower

What is 2409 worth today?

Last sold for AED 980,000 in 2015

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1 Jan 2026RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
1 Dec 2024RentedNew contract
AED 84,000/yr12 months · AED 120 per sqft
1 Dec 2024RentedNew contract
AED 84,000/yr12 months · AED 120 per sqft
19 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
8 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
5 Nov 2015SoldReady
AED 980,000AED 1,392 per sqft
18 Jul 2011Sold by developerReady
AED 291,336AED 413 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
24th of 34
Parking
17(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 16,200 /yr
Last sold
AED 980K · November 2015

About 2409, Time Place Tower

2409 is a one-bedroom apartment of 704 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 5 November 2015 for AED 980,000, or AED 1,392 per sqft, 59% above the AED 873 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 January 2026, is AED 85,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 16,200 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, 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, July 2011: AED 291,336 (AED 413 per sqft)Sold, November 2015: AED 980,000 (AED 1,392 per sqft)

2409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2409, 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, September 2018: AED 70,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, December 2024: AED 84,000 a yearNew contract, December 2024: AED 84,000 a yearNew contract, January 2026: AED 85,000 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 2409 sits

All 190 1-beds →

2409 last sold in November 2015 at AED 1,392 per sqft, 59% above what one-beds in Time Place Tower were fetching at the time (AED 873). 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. 2409's AED 85,000 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
24011-bedAED 587K · Feb 2013
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
1–7 of 8

2409, Time Place Tower in numbers

  • Sold twice: first on 18 July 2011 for AED 291,336, last on 5 November 2015 for AED 980,000 (AED 1,392 per sqft).
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2019 and recovered to AED 85,000 by January 2026.
  • At AED 85,000 a year the gross yield on the 2015 price is 8.7%, 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 January 2026.

Questions about 2409, Time Place Tower

What did unit 2409 last sell for?

AED 980,000 on 5 November 2015: AED 1,392 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 291,336 in July 2011.

What is the rent for unit 2409?

AED 85,000 a year on the contract signed on 1 January 2026. The previous contract, from December 2024, was AED 84,000; the unit has been rented since September 2018.

How big is unit 2409?

704 sqft (65.4 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.

What is unit 2409 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 2409, Time Place Tower

Starts from the last sale price (AED 980K, 5 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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