2-bed · 1,226 sqftTime Place Tower, Dubai Marina · 3rd floor · completed 2009

304, Time Place Tower

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1M31 August 2021
Current rentAED 132K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Time Place Tower

What is 304 worth today?

Last sold for AED 1,000,000 in 2021

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1 Feb 2026RentedNew contract
AED 132,000/yr12 months · AED 108 per sqft
31 Aug 2021SoldReady
AED 1,000,000AED 815 per sqft
8 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 57 per sqft
8 Aug 2019RentedNew contract
AED 79,000/yr12 months · AED 64 per sqft
24 Dec 2017RentedNew contract
AED 109,800/yr12 months · AED 90 per sqft
1 Dec 2014RentedRenewal
AED 103,500/yr12 months · AED 84 per sqft
1 Dec 2013RentedRenewal
AED 86,250/yr12 months · AED 70 per sqft
1 Dec 2012RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
3rd of 34
Parking
56(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 28,200 /yr
Last sold
AED 1M · August 2021

About 304, Time Place Tower

304 is a two-bedroom apartment of 1,226 sqft on the 3rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 31 August 2021 for AED 1,000,000, or AED 815 per sqft, in line with the AED 815 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 February 2026, is AED 132,000 a year: a gross yield of 13.2% on the 2021 price, before the service charge of about AED 28,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Time Place Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 970,091; 2010 AED 1,008,027; 2011 AED 809,470; 2012 AED 950,000; 2013 AED 1,100,000; 2014 AED 2,000,000; 2015 AED 1,066,667; 2016 AED 1,600,000; 2017 AED 788,938; 2018 AED 1,275,000; 2019 AED 1,265,118; 2020 AED 1,075,000; 2021 AED 1,030,000; 2022 AED 1,420,000; 2023 AED 1,450,000; 2024 AED 1,745,632; 2025 AED 2,020,000Sold by developer, March 2011: AED 411,882 (AED 336 per sqft)Sold, August 2021: AED 1,000,000 (AED 815 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Time Place Tower
100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 124,000; 2016 AED 127,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 85,500; 2020 AED 73,846; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 121,689New contract, December 2012: AED 75,000 a yearRenewal, December 2013: AED 86,250 a yearRenewal, December 2014: AED 103,500 a yearNew contract, December 2017: AED 109,800 a yearNew contract, August 2019: AED 79,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, February 2026: AED 132,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Time Place Tower, and where 304 sits

All 68 2-beds →

304 last sold in August 2021 at AED 815 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 815). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 304's AED 132,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Oct 20261,825,000
17 Apr 20252,200,000
11 Apr 20251,690,000
5 Feb 20251,940,000
1 2-bed sale 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 3rd floor

All 300 units in Time Place Tower
Value
3011-bedAED 850K · May 2017
3021-bedAED 1.15M · Dec 2025
3031-bedAED 1.28M · Aug 2025
3052-bedAED 1.12M · Jan 2018
3063-bedAED 1.38M · Jun 2013
3071-bedAED 1.25M · Dec 2013
3081-bedAED 950K · Dec 2015
1–7 of 8

304, Time Place Tower in numbers

  • Sold twice: first on 15 March 2011 for AED 411,882, last on 31 August 2021 for AED 1,000,000 (AED 815 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 75,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2021 price is 13.2%, before a service charge of about AED 28,200 a year (AED 23.00 per sqft).
  • Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 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 February 2026.

Questions about 304, Time Place Tower

What did unit 304 last sell for?

AED 1,000,000 on 31 August 2021: AED 815 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 411,882 in March 2011.

What is the rent for unit 304?

AED 132,000 a year on the contract signed on 1 February 2026. The previous contract, from August 2020, was AED 70,000; the unit has been rented since December 2012.

How big is unit 304?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.

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Mortgage on 304, Time Place Tower

Starts from the last sale price (AED 1M, 31 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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