2908, Time Place Tower
Sold prices and rental history: sold once, by the developer in December 2014, 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 2908, Time Place Tower
What is 2908 worth today?
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Source: Dubai Land Department. Updated 11 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 29th of 34
- Parking
- 101(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 765K · December 2014
- Building
- Time Place Tower
About 2908, Time Place Tower
2908 is a one-bedroom apartment of 880 sqft on the 29th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 7 December 2014 for AED 765,135, or AED 869 per sqft, 4% below the AED 909 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 11 April 2022, is AED 51,500 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 20,200 a year.
Sales and rents for 2908 over time
2908 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 2908 sits
All 190 1-beds →2908 last sold in December 2014 at AED 869 per sqft, 4% below what one-beds in Time Place Tower were fetching at the time (AED 909). 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. 2908's AED 51,500 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 29th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 692 sqft | AED 730KAED 730,000 · Jun 2022June 2022 | 72,000 /yr | |
| 2902 | 1-bed | 850 sqft | AED 1.17MAED 1,165,000 · Dec 2023December 2023 | 75,000 /yr | |
| 2903 | 1-bed | 815 sqft | AED 1.3MAED 1,300,000 · Jul 2024July 2024 | 80,000 /yr | |
| 2904 | 2-bed | 1,161 sqft | AED 1.23MAED 1,230,236 · Oct 2019October 2019 | ||
| 2905 | 2-bed | 1,259 sqft | AED 1.52MAED 1,520,000 · May 2018May 2018 | 115,000 /yr | |
| 2906 | 3-bed | 1,891 sqft | AED 1.85MAED 1,850,000 · Apr 2021April 2021 | 130,000 /yr | |
| 2907 | 1-bed | 878 sqft | AED 1.25MAED 1,250,000 · Oct 2026October 2026 | 85,000 /yr | |
| 2909 | 1-bed | 704 sqft | AED 900KAED 900,000 · Dec 2013December 2013 | 74,000 /yr |
2908, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 7 December 2014 for AED 765,135, or AED 869 per sqft.
- Rented since December 2014 on 8 Ejari contracts, from AED 95,000 to AED 51,500 a year.
- At AED 51,500 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 20,200 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 11 April 2022.
Questions about 2908, Time Place Tower
What did unit 2908 last sell for?
AED 765,135 on 7 December 2014, sold by the developer: AED 869 per sqft for 880 sqft. It is the only registered sale of the unit.
What is the rent for unit 2908?
AED 51,500 a year on the contract renewed on 11 April 2022. The previous contract, from April 2021, was AED 50,000; the unit has been rented since December 2014.
How big is unit 2908?
880 sqft (81.8 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.
What is unit 2908 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 2908, Time Place Tower
Starts from the last sale price (AED 765K, 7 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 765,135
- Deposit, UAE resident (20%)
- AED 153,027
- Deposit, non-resident (40%)
- AED 306,054
- Monthly over 25 years at 3.7%
- AED 3,130
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →