2505, Time Place Tower
Sold prices and rental history: sold once, by the developer in August 2015, 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 2505, Time Place Tower
What is 2505 worth today?
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Source: Dubai Land Department. Updated 30 June 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 25th of 34
- Parking
- 65(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 29,000 /yr
- Last sold
- AED 1.13M · August 2015
- Building
- Time Place Tower
About 2505, Time Place Tower
2505 is a two-bedroom apartment of 1,259 sqft on the 25th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 16 August 2015 for AED 1,127,541, or AED 895 per sqft, 19% below the AED 1,100 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 30 June 2020, is AED 65,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 29,000 a year.
Sales and rents for 2505 over time
2505 has sold once; 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 2505 sits
All 68 2-beds →2505 last sold in August 2015 at AED 895 per sqft, 19% below what two-beds in Time Place Tower were fetching at the time (AED 1,100). 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. 2505's AED 65,000 is at the bottom 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 25th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 692 sqft | AED 593KAED 592,515 · Oct 2015October 2015 | 67,000 /yr | |
| 2502 | 1-bed | 850 sqft | AED 850KAED 850,000 · Apr 2015April 2015 | 89,759 /yr | |
| 2503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Dec 2017December 2017 | 100,000 /yr | |
| 2504 | 2-bed | 1,161 sqft | AED 1.8MAED 1,800,000 · Nov 2014November 2014 | 118,000 /yr | |
| 2506 | 3-bed | 1,891 sqft | AED 1.78MAED 1,782,375 · Jun 2013June 2013 | 160,000 /yr | |
| 2507 | 1-bed | 878 sqft | AED 1.33MAED 1,330,000 · Aug 2025August 2025 | 87,000 /yr | |
| 2508 | 1-bed | 880 sqft | AED 1.42MAED 1,420,075 · Jun 2026June 2026 | 85,000 /yr | |
| 2509 | 1-bed | 704 sqft | AED 860KAED 860,000 · Nov 2017November 2017 | 100,000 /yr |
2505, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 16 August 2015 for AED 1,127,541, or AED 895 per sqft.
- Rented since December 2013 on 5 Ejari contracts, from AED 100,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2015 price is 5.8%, 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 30 June 2020.
Questions about 2505, Time Place Tower
What did unit 2505 last sell for?
AED 1,127,541 on 16 August 2015, sold by the developer: AED 895 per sqft for 1,259 sqft. It is the only registered sale of the unit.
What is the rent for unit 2505?
AED 65,000 a year on the contract renewed on 30 June 2020. The previous contract, from June 2019, was AED 84,000; the unit has been rented since December 2013.
How big is unit 2505?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 25th floor of a 34-storey tower completed in 2009.
What is unit 2505 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 2505, Time Place Tower
Starts from the last sale price (AED 1.13M, 16 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,127,541
- Deposit, UAE resident (20%)
- AED 225,508
- Deposit, non-resident (40%)
- AED 451,016
- Monthly over 25 years at 3.7%
- AED 4,613
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →