1-bed · 850 sqftTime Place Tower, Dubai Marina · 29th floor · completed 2009

2902, Time Place Tower

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 1.17M20 December 2023
Current rentAED 75K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Time Place Tower

What is 2902 worth today?

Last sold for AED 1,165,000 in 2023

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10 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
15 May 2024RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
20 Dec 2023SoldReady
AED 1,165,000AED 1,370 per sqft
23 Nov 2022RentedRenewal
AED 66,000/yr12 months · AED 78 per sqft
23 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
10 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
1 May 2019RentedNew contract
AED 67,000/yr12 months · AED 79 per sqft
15 Jul 2017RentedNew contract
AED 77,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
29th of 34
Parking
68(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 19,600 /yr
Last sold
AED 1.17M · December 2023

About 2902, Time Place Tower

2902 is a one-bedroom apartment of 850 sqft on the 29th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 20 December 2023 for AED 1,165,000, or AED 1,370 per sqft, 11% above the AED 1,237 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 September 2026, is AED 75,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, July 2011: AED 442,000 (AED 519 per sqft)Sold, November 2011: AED 725,000 (AED 852 per sqft)Sold, March 2016: AED 1,100,000 (AED 1,294 per sqft)Sold, December 2023: AED 1,165,000 (AED 1,370 per sqft)

2902 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2902, 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, June 2013: AED 73,333 a yearNew contract, May 2014: AED 105,000 a yearNew contract, July 2017: AED 77,000 a yearNew contract, May 2019: AED 67,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, November 2021: AED 60,000 a yearRenewal, November 2022: AED 66,000 a yearNew contract, May 2024: AED 90,000 a yearNew contract, September 2026: 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 2902 sits

All 190 1-beds →

2902 last sold in December 2023 at AED 1,370 per sqft, 11% above what one-beds in Time Place Tower were fetching at the time (AED 1,237). 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. 2902'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 29th floor

All 300 units in Time Place Tower
Value
29011-bedAED 730K · Jun 2022
29031-bedAED 1.3M · Jul 2024
29042-bedAED 1.23M · Oct 2019
29052-bedAED 1.52M · May 2018
29063-bedAED 1.85M · Apr 2021
29071-bedAED 1.25M · Oct 2026
29081-bedAED 765K · Dec 2014
1–7 of 8

2902, Time Place Tower in numbers

  • Sold 4 times: first on 18 July 2011 for AED 442,000, last on 20 December 2023 for AED 1,165,000 (AED 1,370 per sqft).
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 73,333 to AED 50,000 in 2020 and recovered to AED 75,000 by September 2026.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 19,600 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 10 September 2026.

Questions about 2902, Time Place Tower

What did unit 2902 last sell for?

AED 1,165,000 on 20 December 2023: AED 1,370 per sqft for 850 sqft. The unit has 4 registered sales; the first was AED 442,000 in July 2011.

What is the rent for unit 2902?

AED 75,000 a year on the contract signed on 10 September 2026. The previous contract, from May 2024, was AED 90,000; the unit has been rented since June 2013.

How big is unit 2902?

850 sqft (79.0 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.

What is unit 2902 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 2902, Time Place Tower

Starts from the last sale price (AED 1.17M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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