2701, Time Place Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, Time Place Tower
What is 2701 worth today?
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Source: Dubai Land Department. Updated 24 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 27th of 34
- Parking
- 104(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 604K · April 2010
- Building
- Time Place Tower
About 2701, Time Place Tower
2701 is a one-bedroom apartment of 692 sqft on the 27th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 8 April 2010 for AED 604,485, or AED 873 per sqft, 14% above the AED 769 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 24 December 2021, is AED 60,000 a year: a gross yield of 9.9% on the 2010 price, before the service charge of about AED 15,900 a year.
Sales and rents for 2701 over time
2701 has sold once; 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 2701 sits
All 190 1-beds →2701 last sold in April 2010 at AED 873 per sqft, 14% above what one-beds in Time Place Tower were fetching at the time (AED 769). 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. 2701's AED 60,000 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 27th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | 1-bed | 850 sqft | AED 773KAED 772,956 · Jan 2014January 2014 | 40,000 /yr | |
| 2703 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 75,000 /yr | |
| 2704 | 2-bed | 1,161 sqft | AED 1.69MAED 1,690,000 · Apr 2025April 2025 | 112,350 /yr | |
| 2705 | 2-bed | 1,259 sqft | AED 1.85MAED 1,850,000 · Oct 2023October 2023 | 119,358 /yr | |
| 2706 | 3-bed | 1,891 sqft | AED 3.68MAED 3,675,000 · May 2025May 2025 | 120,750 /yr | |
| 2707 | 1-bed | 878 sqft | AED 807KAED 807,144 · Mar 2012March 2012 | ||
| 2708 | 1-bed | 880 sqft | AED 925KAED 925,000 · Jan 2023January 2023 | ||
| 2709 | 1-bed | 704 sqft | AED 602KAED 601,997 · Jan 2013January 2013 | 63,800 /yr |
2701, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 8 April 2010 for AED 604,485, or AED 873 per sqft.
- Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 48,000 in 2020 and recovered to AED 60,000 by December 2021.
- At AED 60,000 a year the gross yield on the 2010 price is 9.9%, before a service charge of about AED 15,900 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 24 December 2021.
Questions about 2701, Time Place Tower
What did unit 2701 last sell for?
AED 604,485 on 8 April 2010, sold by the developer: AED 873 per sqft for 692 sqft. It is the only registered sale of the unit.
What is the rent for unit 2701?
AED 60,000 a year on the contract signed on 24 December 2021. The previous contract, from November 2020, was AED 48,000; the unit has been rented since November 2012.
How big is unit 2701?
692 sqft (64.3 sqm): a one-bedroom apartment on the 27th floor of a 34-storey tower completed in 2009.
What is unit 2701 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 2701, Time Place Tower
Starts from the last sale price (AED 604K, 8 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 604,485
- Deposit, UAE resident (20%)
- AED 120,897
- Deposit, non-resident (40%)
- AED 241,794
- Monthly over 25 years at 3.7%
- AED 2,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →