2-bed · 1,161 sqftTime Place Tower, Dubai Marina · 26th floor · completed 2009

2604, Time Place Tower

Sold prices and rental history: sold once, by the developer in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 18 July 2011
Last soldAED 523K18 July 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, Time Place Tower

What is 2604 worth today?

Last sold for AED 523,292 in 2011

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18 Jul 2011Sold by developerReady
AED 523,292AED 450 per sqft

Source: Dubai Land Department. Updated 18 July 2011.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
26th of 34
Parking
94(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 26,700 /yr
Last sold
AED 523K · July 2011

About 2604, Time Place Tower

2604 is a two-bedroom apartment of 1,161 sqft on the 26th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 July 2011 for AED 523,292, or AED 450 per sqft, 35% below the AED 693 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2604 over time

Sales
Unit 2604, each saleTypical two-bed in Time Place Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 970,091; 2010 AED 1,008,027; 2011 AED 809,470; 2012 AED 950,000; 2013 AED 1,100,000; 2014 AED 2,000,000; 2015 AED 1,066,667; 2016 AED 1,600,000; 2017 AED 788,938; 2018 AED 1,275,000; 2019 AED 1,265,118; 2020 AED 1,075,000; 2021 AED 1,030,000; 2022 AED 1,420,000; 2023 AED 1,450,000; 2024 AED 1,745,632; 2025 AED 2,020,000Sold by developer, July 2011: AED 523,292 (AED 450 per sqft)

2604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2604, each contractTypical two-bed in Time Place Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 124,000; 2016 AED 127,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 85,500; 2020 AED 73,846; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 121,689

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 2604 sits

All 68 2-beds →

2604 last sold in July 2011 at AED 450 per sqft, 35% below what two-beds in Time Place Tower were fetching at the time (AED 693). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Oct 20261,825,000
17 Apr 20252,200,000
11 Apr 20251,690,000
5 Feb 20251,940,000
1 2-bed sale 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
26031-bedAED 1.06M · Dec 2017
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

2604, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 18 July 2011 for AED 523,292, or AED 450 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 18 July 2011.

Questions about 2604, Time Place Tower

What did unit 2604 last sell for?

AED 523,292 on 18 July 2011, sold by the developer: AED 450 per sqft for 1,161 sqft. It is the only registered sale of the unit.

How big is unit 2604?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 26th floor of a 34-storey tower completed in 2009.

What is unit 2604 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 2604, Time Place Tower

Starts from the last sale price (AED 523K, 18 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 523,292
Deposit, UAE resident (20%)
AED 104,658
Deposit, non-resident (40%)
AED 209,317
Monthly over 25 years at 3.7%
AED 2,141

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