2909, Time Place Tower
Sold prices and rental history: sold twice, last in December 2013, 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 2909, Time Place Tower
What is 2909 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 29th of 34
- Parking
- 4(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 16,200 /yr
- Last sold
- AED 900K · December 2013
- Building
- Time Place Tower
About 2909, Time Place Tower
2909 is a one-bedroom apartment of 704 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 24 December 2013 for AED 900,000, or AED 1,278 per sqft, 51% above the AED 845 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 July 2024, is AED 74,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 16,200 a year.
Sales and rents for 2909 over time
2909 has sold twice; 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 2909 sits
All 190 1-beds →2909 last sold in December 2013 at AED 1,278 per sqft, 51% above what one-beds in Time Place Tower were fetching at the time (AED 845). 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. 2909's AED 74,000 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 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 | |
| 2908 | 1-bed | 880 sqft | AED 765KAED 765,135 · Dec 2014December 2014 | 51,500 /yr |
2909, Time Place Tower in numbers
- Sold twice: first on 14 August 2011 for AED 611,952, last on 24 December 2013 for AED 900,000 (AED 1,278 per sqft).
- Rented since December 2014 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2022 and recovered to AED 74,000 by July 2024.
- At AED 74,000 a year the gross yield on the 2013 price is 8.2%, 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 1 July 2024.
Questions about 2909, Time Place Tower
What did unit 2909 last sell for?
AED 900,000 on 24 December 2013: AED 1,278 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 611,952 in August 2011.
What is the rent for unit 2909?
AED 74,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 74,000; the unit has been rented since December 2014.
How big is unit 2909?
704 sqft (65.4 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.
What is unit 2909 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 2909, Time Place Tower
Starts from the last sale price (AED 900K, 24 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →