505, Time Place Tower
Sold prices and rental history: sold twice, last in June 2020, 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 505, Time Place Tower
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 5th of 34
- Parking
- 100(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 30,200 /yr
- Last sold
- AED 1.1M · June 2020
- Building
- Time Place Tower
About 505, Time Place Tower
505 is a two-bedroom apartment of 1,314 sqft on the 5th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 28 June 2020 for AED 1,100,000, or AED 836 per sqft, 9% below the AED 922 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 7 January 2026, is AED 252,000 a year: a gross yield of 22.9% on the 2020 price, before the service charge of about AED 30,200 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 68 2-beds →505 last sold in June 2020 at AED 836 per sqft, 9% below what two-beds in Time Place Tower were fetching at the time (AED 922). 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. 505's AED 252,000 is at the top 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 5th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 692 sqft | AED 343KAED 342,925 · Aug 2016August 2016 | 77,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 265KAED 264,515 · Feb 2010February 2010 | 85,000 /yr | |
| 503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Feb 2014February 2014 | 80,000 /yr | |
| 504 | 2-bed | 1,226 sqft | AED 845KAED 845,442 · Feb 2011February 2011 | 110,000 /yr | |
| 506 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 195,000 /yr | |
| 507 | 1-bed | 869 sqft | AED 607KAED 606,996 · Oct 2009October 2009 | 85,211 /yr | |
| 508 | 1-bed | 789 sqft | AED 500KAED 500,495 · Feb 2010February 2010 | 73,000 /yr | |
| 509 | 1-bed | 704 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 85,000 /yr |
505, Time Place Tower in numbers
- Sold twice: first on 13 July 2015 for AED 893,727, last on 28 June 2020 for AED 1,100,000 (AED 836 per sqft).
- Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 92,500 in 2019 and recovered to AED 252,000 by January 2026.
- At AED 252,000 a year the gross yield on the 2020 price is 22.9%, 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 7 January 2026.
Questions about 505, Time Place Tower
What did unit 505 last sell for?
AED 1,100,000 on 28 June 2020: AED 836 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 893,727 in July 2015.
What is the rent for unit 505?
AED 252,000 a year on the contract renewed on 7 January 2026. The previous contract, from January 2025, was AED 135,000; the unit has been rented since December 2014.
How big is unit 505?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2009.
What is unit 505 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.
Selling 505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 505, Time Place Tower
Starts from the last sale price (AED 1.1M, 28 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →