2709, Time Place Tower
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2709, Time Place Tower
What is 2709 worth today?
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Source: Dubai Land Department. Updated 25 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 27th of 34
- Parking
- 32(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 602K · January 2013
- Building
- Time Place Tower
About 2709, Time Place Tower
2709 is a one-bedroom apartment of 704 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 7 January 2013 for AED 601,997, or AED 855 per sqft, 6% above the AED 803 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 September 2023, is AED 63,800 a year: a gross yield of 10.6% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 2709 over time
2709 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 2709 sits
All 190 1-beds →2709 last sold in January 2013 at AED 855 per sqft, 6% above what one-beds in Time Place Tower were fetching at the time (AED 803). 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. 2709's AED 63,800 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 | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 692 sqft | AED 604KAED 604,485 · Apr 2010April 2010 | 60,000 /yr | |
| 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, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 7 January 2013 for AED 601,997, or AED 855 per sqft.
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 45,000 in 2020 and recovered to AED 63,800 by September 2023.
- At AED 63,800 a year the gross yield on the 2013 price is 10.6%, 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 25 September 2023.
Questions about 2709, Time Place Tower
What did unit 2709 last sell for?
AED 601,997 on 7 January 2013, sold by the developer: AED 855 per sqft for 704 sqft. It is the only registered sale of the unit.
What is the rent for unit 2709?
AED 63,800 a year on the contract renewed on 25 September 2023. The previous contract, from September 2023, was AED 63,800; the unit has been rented since August 2018.
How big is unit 2709?
704 sqft (65.4 sqm): a one-bedroom apartment on the 27th floor of a 34-storey tower completed in 2009.
What is unit 2709 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 2709, Time Place Tower
Starts from the last sale price (AED 602K, 7 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 601,997
- Deposit, UAE resident (20%)
- AED 120,399
- Deposit, non-resident (40%)
- AED 240,799
- Monthly over 25 years at 3.7%
- AED 2,463
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →