404, Time Place Tower
Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Time Place Tower
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 4th of 34
- Parking
- 55(B03)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 835K · February 2010
- Building
- Time Place Tower
About 404, Time Place Tower
404 is a two-bedroom apartment of 1,226 sqft on the 4th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 17 February 2010 for AED 834,603, or AED 680 per sqft, 14% below the AED 795 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 1 April 2024, is AED 110,000 a year: a gross yield of 13.2% on the 2010 price, before the service charge of about AED 28,200 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the two-bed median of each year in the building.
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 404 sits
All 68 2-beds →404 last sold in February 2010 at AED 680 per sqft, 14% below what two-beds in Time Place Tower were fetching at the time (AED 795). 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. 404's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 |
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 4th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 692 sqft | AED 337KAED 336,886 · Aug 2016August 2016 | 75,000 /yr | |
| 402 | 1-bed | 787 sqft | AED 930KAED 930,000 · Sep 2016September 2016 | 42,462 /yr | |
| 403 | 1-bed | 815 sqft | AED 510KAED 510,225 · Nov 2009November 2009 | 96,000 /yr | |
| 405 | 2-bed | 1,314 sqft | AED 882KAED 882,414 · Mar 2010March 2010 | 110,000 /yr | |
| 406 | 3-bed | 1,944 sqft | AED 2.21MAED 2,211,900 · Apr 2016April 2016 | 150,000 /yr | |
| 407 | 1-bed | 869 sqft | AED 725KAED 725,000 · Nov 2021November 2021 | 43,500 /yr | |
| 408 | 1-bed | 789 sqft | AED 494KAED 494,037 · Nov 2009November 2009 | 58,000 /yr | |
| 409 | 1-bed | 704 sqft | AED 1.09MAED 1,085,000 · Aug 2024August 2024 | 92,000 /yr |
404, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 17 February 2010 for AED 834,603, or AED 680 per sqft.
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 74,000 in 2021 and recovered to AED 110,000 by April 2024.
- At AED 110,000 a year the gross yield on the 2010 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 April 2024.
Questions about 404, Time Place Tower
What did unit 404 last sell for?
AED 834,603 on 17 February 2010, sold by the developer: AED 680 per sqft for 1,226 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 110,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 110,000; the unit has been rented since January 2015.
How big is unit 404?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 4th floor of a 34-storey tower completed in 2009.
What is unit 404 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 404, Time Place Tower
Starts from the last sale price (AED 835K, 17 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 834,603
- Deposit, UAE resident (20%)
- AED 166,921
- Deposit, non-resident (40%)
- AED 333,841
- Monthly over 25 years at 3.7%
- AED 3,415
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →