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2-bed · 1,259 sqftTime Place Tower, Dubai Marina · 26th floor · completed 2009

2605, Time Place Tower

Sold prices and rental history: sold 4 times, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 20 March 2014
Last soldAED 2.05M20 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2605, Time Place Tower

What is 2605 worth today?

Last sold for AED 2,050,000 in 2014

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20 Mar 2014SoldReady
AED 2,050,000AED 1,628 per sqft
29 Apr 2012SoldReady
AED 950,000AED 754 per sqft
14 Mar 2011SoldReady
AED 900,000AED 714 per sqft
11 Feb 2010Sold by developerReady
AED 1,138,488AED 904 per sqft

Source: Dubai Land Department. Updated 20 March 2014.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
26th of 34
Parking
64(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 29,000 /yr
Last sold
AED 2.05M · March 2014
Building
Time Place Tower

About 2605, Time Place Tower

2605 is a two-bedroom apartment of 1,259 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 20 March 2014 for AED 2,050,000, or AED 1,628 per sqft, 73% above the AED 939 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2605 over time

Sales
Unit 2605, 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, February 2010: AED 1,138,488 (AED 904 per sqft)Sold, March 2011: AED 900,000 (AED 714 per sqft)Sold, April 2012: AED 950,000 (AED 754 per sqft)Sold, March 2014: AED 2,050,000 (AED 1,628 per sqft)

2605 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2605, 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 2605 sits

All 68 2-beds →

2605 last sold in March 2014 at AED 1,628 per sqft, 73% above what two-beds in Time Place Tower were fetching at the time (AED 939). 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
26042-bedAED 523K · Jul 2011
26063-bedAED 2.4M · Dec 2023
26071-bedAED 799K · Sep 2012
26081-bedAED 747K · May 2013
1–7 of 8

2605, Time Place Tower in numbers

  • Sold 4 times: first on 11 February 2010 for AED 1,138,488, last on 20 March 2014 for AED 2,050,000 (AED 1,628 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 20 March 2014.

Questions about 2605, Time Place Tower

What did unit 2605 last sell for?

AED 2,050,000 on 20 March 2014: AED 1,628 per sqft for 1,259 sqft. The unit has 4 registered sales; the first was AED 1,138,488 in February 2010.

How big is unit 2605?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 26th floor of a 34-storey tower completed in 2009.

What is unit 2605 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 2605, Time Place Tower

Starts from the last sale price (AED 2.05M, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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