2609, Time Place Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2609, Time Place Tower
What is 2609 worth today?
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Source: Dubai Land Department. Updated 30 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 26th of 34
- Parking
- 13(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.25M · November 2024
- Building
- Time Place Tower
About 2609, Time Place Tower
2609 is a one-bedroom apartment of 704 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 30 November 2024 for AED 1,250,000, or AED 1,776 per sqft, 26% above the AED 1,413 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 48,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 2609 over time
2609 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2609 sits
All 190 1-beds →2609 last sold in November 2024 at AED 1,776 per sqft, 26% above what one-beds in Time Place Tower were fetching at the time (AED 1,413). 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. 2609's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 692 sqft | 1,000,000 | 1,445 | ||
| 22 Oct 202622 October 2026 | 878 sqft | 1,250,000 | 1,423 | ||
| 10 Sep 202610 September 2026 | 873 sqft | 1,520,000 | 1,741 | ||
| 25 Aug 202625 August 2026 | 815 sqft | 1,470,000 | 1,802 |
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 26th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 692 sqft | AED 930KAED 930,000 · Feb 2017February 2017 | 88,000 /yr | |
| 2602 | 1-bed | 850 sqft | AED 429KAED 429,250 · Dec 2011December 2011 | 92,000 /yr | |
| 2603 | 1-bed | 815 sqft | AED 1.06MAED 1,055,000 · Dec 2017December 2017 | 77,000 /yr | |
| 2604 | 2-bed | 1,161 sqft | AED 523KAED 523,292 · Jul 2011July 2011 | ||
| 2605 | 2-bed | 1,259 sqft | AED 2.05MAED 2,050,000 · Mar 2014March 2014 | ||
| 2606 | 3-bed | 1,891 sqft | AED 2.4MAED 2,400,000 · Dec 2023December 2023 | 95,000 /yr | |
| 2607 | 1-bed | 878 sqft | AED 799KAED 799,383 · Sep 2012September 2012 | 87,000 /yr | |
| 2608 | 1-bed | 880 sqft | AED 747KAED 746,918 · May 2013May 2013 | 91,980 /yr |
2609, Time Place Tower in numbers
- Sold 3 times: first on 31 December 2013 for AED 597,312, last on 30 November 2024 for AED 1,250,000 (AED 1,776 per sqft).
- Rented since February 2014 on 5 Ejari contracts, from AED 75,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 3.8%, 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 30 November 2024.
Questions about 2609, Time Place Tower
What did unit 2609 last sell for?
AED 1,250,000 on 30 November 2024: AED 1,776 per sqft for 704 sqft. The unit has 3 registered sales; the first was AED 597,312 in December 2013.
What is the rent for unit 2609?
AED 48,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 46,000; the unit has been rented since February 2014.
How big is unit 2609?
704 sqft (65.4 sqm): a one-bedroom apartment on the 26th floor of a 34-storey tower completed in 2009.
What is unit 2609 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 2609, Time Place Tower
Starts from the last sale price (AED 1.25M, 30 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →