1-bed · 815 sqftTime Place Tower, Dubai Marina · 27th floor · completed 2009

2703, Time Place Tower

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 1.1M20 November 2024
Current rentAED 75K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Time Place Tower

What is 2703 worth today?

Last sold for AED 1,100,000 in 2024

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7 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
7 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
20 Nov 2024SoldReady
AED 1,100,000AED 1,348 per sqft
1 May 2024RentedRenewal
AED 77,000/yr12 months · AED 94 per sqft
1 May 2023RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
1 May 2022RentedNew contract
AED 66,000/yr12 months · AED 81 per sqft
25 Mar 2021RentedNew contract
AED 47,500/yr12 months · AED 58 per sqft
7 Dec 2019RentedRenewal
AED 68,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
27th of 34
Parking
99(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 18,800 /yr
Last sold
AED 1.1M · November 2024

About 2703, Time Place Tower

2703 is a one-bedroom apartment of 815 sqft on the 27th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 20 November 2024 for AED 1,100,000, or AED 1,348 per sqft, 4% below the AED 1,406 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 7 July 2025, is AED 75,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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, March 2011: AED 600,000 (AED 735 per sqft)Sold, November 2024: AED 1,100,000 (AED 1,348 per sqft)

2703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2703, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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, September 2013: AED 80,000 a yearNew contract, September 2014: AED 80,000 a yearRenewal, September 2015: AED 88,000 a yearNew contract, October 2016: AED 100,000 a yearNew contract, December 2017: AED 75,000 a yearRenewal, December 2018: AED 70,000 a yearRenewal, December 2019: AED 68,000 a yearNew contract, March 2021: AED 47,500 a yearNew contract, May 2022: AED 66,000 a yearRenewal, May 2023: AED 70,000 a yearRenewal, May 2024: AED 77,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2025: AED 75,000 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 2703 sits

All 190 1-beds →

2703 last sold in November 2024 at AED 1,348 per sqft, 4% below what one-beds in Time Place Tower were fetching at the time (AED 1,406). 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. 2703's AED 75,000 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 27th floor

All 300 units in Time Place Tower
Value
27011-bedAED 604K · Apr 2010
27021-bedAED 773K · Jan 2014
27042-bedAED 1.69M · Apr 2025
27052-bedAED 1.85M · Oct 2023
27063-bedAED 3.68M · May 2025
27071-bedAED 807K · Mar 2012
27081-bedAED 925K · Jan 2023
1–7 of 8

2703, Time Place Tower in numbers

  • Sold twice: first on 23 March 2011 for AED 600,000, last on 20 November 2024 for AED 1,100,000 (AED 1,348 per sqft).
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 47,500 in 2021 and recovered to AED 75,000 by July 2025.
  • At AED 75,000 a year the gross yield on the 2024 price is 6.8%, 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 7 July 2025.

Questions about 2703, Time Place Tower

What did unit 2703 last sell for?

AED 1,100,000 on 20 November 2024: AED 1,348 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 600,000 in March 2011.

What is the rent for unit 2703?

AED 75,000 a year on the contract signed on 7 July 2025. The previous contract, from July 2025, was AED 75,000; the unit has been rented since September 2013.

How big is unit 2703?

815 sqft (75.7 sqm): a one-bedroom apartment on the 27th floor of a 34-storey tower completed in 2009.

What is unit 2703 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 2703, Time Place Tower

Starts from the last sale price (AED 1.1M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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