2-bed · 1,314 sqftTime Place Tower, Dubai Marina · 3rd floor · completed 2009

305, Time Place Tower

Sold prices and rental history: sold 3 times, last in January 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.12M15 January 2018
Current rentAED 115K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Time Place Tower

What is 305 worth today?

Last sold for AED 1,120,000 in 2018

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20 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
20 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
25 Feb 2023RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft
22 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
19 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
3 Nov 2019RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
25 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
15 Jan 2018SoldReady
AED 1,120,000AED 852 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
2-bed apartment
Size
1,314 sqft
Floor
3rd of 34
Parking
19(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 30,200 /yr
Last sold
AED 1.12M · January 2018

About 305, Time Place Tower

305 is a two-bedroom apartment of 1,314 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 15 January 2018 for AED 1,120,000, or AED 852 per sqft, 22% above the AED 699 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 March 2025, is AED 115,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 30,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, February 2013: AED 871,101 (AED 662 per sqft)Sold, May 2013: AED 1,100,000 (AED 836 per sqft)Sold, January 2018: AED 1,120,000 (AED 852 per sqft)

305 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 305, 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, June 2015: AED 120,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, September 2018: AED 100,000 a yearNew contract, November 2019: AED 72,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, December 2021: AED 90,000 a yearNew contract, February 2023: AED 95,000 a yearNew contract, March 2025: AED 115,000 a yearNew contract, March 2025: AED 115,000 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 305 sits

All 68 2-beds →

305 last sold in January 2018 at AED 852 per sqft, 22% above what two-beds in Time Place Tower were fetching at the time (AED 699). 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. 305's AED 115,000 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
3042-bedAED 1M · Aug 2021
3063-bedAED 1.38M · Jun 2013
3071-bedAED 1.25M · Dec 2013
3081-bedAED 950K · Dec 2015
1–7 of 8

305, Time Place Tower in numbers

  • Sold 3 times: first on 11 February 2013 for AED 871,101, last on 15 January 2018 for AED 1,120,000 (AED 852 per sqft).
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2020 and recovered to AED 115,000 by March 2025.
  • At AED 115,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 30,200 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 20 March 2025.

Questions about 305, Time Place Tower

What did unit 305 last sell for?

AED 1,120,000 on 15 January 2018: AED 852 per sqft for 1,314 sqft. The unit has 3 registered sales; the first was AED 871,101 in February 2013.

What is the rent for unit 305?

AED 115,000 a year on the contract signed on 20 March 2025. The previous contract, from March 2025, was AED 115,000; the unit has been rented since June 2015.

How big is unit 305?

1,314 sqft (122.1 sqm): a two-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.

What is unit 305 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 305, Time Place Tower

Starts from the last sale price (AED 1.12M, 15 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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