1-bed · 815 sqftTime Place Tower, Dubai Marina · 26th floor · completed 2009

2603, Time Place Tower

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 1.06M12 December 2017
Current rentAED 77K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Time Place Tower

What is 2603 worth today?

Last sold for AED 1,055,000 in 2017

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5 Aug 2026RentedNew contract
AED 77,000/yr12 months · AED 94 per sqft
6 Aug 2025RentedRenewal
AED 77,000/yr12 months · AED 94 per sqft
6 Aug 2024RentedRenewal
AED 77,000/yr12 months · AED 94 per sqft
6 Aug 2024RentedRenewal
AED 77,000/yr12 months · AED 94 per sqft
6 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
6 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
21 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
12 Dec 2017SoldReady
AED 1,055,000AED 1,293 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
26th of 34
Parking
4(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.06M · December 2017

About 2603, Time Place Tower

2603 is a one-bedroom apartment of 815 sqft on the 26th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 12 December 2017 for AED 1,055,000, or AED 1,293 per sqft, 6% above the AED 1,222 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 5 August 2026, is AED 77,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, April 2014: AED 695,028 (AED 852 per sqft)Sold, December 2017: AED 1,055,000 (AED 1,293 per sqft)

2603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, 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, December 2018: AED 75,000 a yearNew contract, August 2022: AED 70,000 a yearNew contract, August 2023: AED 70,000 a yearRenewal, August 2024: AED 77,000 a yearRenewal, August 2024: AED 77,000 a yearRenewal, August 2025: AED 77,000 a yearNew contract, August 2026: AED 77,000 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 2603 sits

All 190 1-beds →

2603 last sold in December 2017 at AED 1,293 per sqft, 6% above what one-beds in Time Place Tower were fetching at the time (AED 1,222). 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. 2603's AED 77,000 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 26th floor

All 300 units in Time Place Tower
Value
26011-bedAED 930K · Feb 2017
26021-bedAED 429K · Dec 2011
26042-bedAED 523K · Jul 2011
26052-bedAED 2.05M · Mar 2014
26063-bedAED 2.4M · Dec 2023
26071-bedAED 799K · Sep 2012
26081-bedAED 747K · May 2013
1–7 of 8

2603, Time Place Tower in numbers

  • Sold twice: first on 27 April 2014 for AED 695,028, last on 12 December 2017 for AED 1,055,000 (AED 1,293 per sqft).
  • Rented since December 2018 on 7 Ejari contracts, from AED 75,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 18,800 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 5 August 2026.

Questions about 2603, Time Place Tower

What did unit 2603 last sell for?

AED 1,055,000 on 12 December 2017: AED 1,293 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 695,028 in April 2014.

What is the rent for unit 2603?

AED 77,000 a year on the contract signed on 5 August 2026. The previous contract, from August 2025, was AED 77,000; the unit has been rented since December 2018.

How big is unit 2603?

815 sqft (75.7 sqm): a one-bedroom apartment on the 26th floor of a 34-storey tower completed in 2009.

What is unit 2603 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 2603, Time Place Tower

Starts from the last sale price (AED 1.06M, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,055,000
Deposit, UAE resident (20%)
AED 211,000
Deposit, non-resident (40%)
AED 422,000
Monthly over 25 years at 3.7%
AED 4,316

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