604, Time Place Tower
Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Time Place Tower
What is 604 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 6th of 34
- Parking
- 13(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,200 /yr
- Last sold
- AED 856K · November 2009
- Building
- Time Place Tower
About 604, Time Place Tower
604 is a two-bedroom apartment of 1,226 sqft on the 6th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 24 November 2009 for AED 856,281, or AED 698 per sqft, 9% below the AED 771 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 1 July 2025, is AED 120,000 a year: a gross yield of 14.0% on the 2009 price, before the service charge of about AED 28,200 a year.
Sales and rents for 604 over time
604 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 604 sits
All 68 2-beds →604 last sold in November 2009 at AED 698 per sqft, 9% below what two-beds in Time Place Tower were fetching at the time (AED 771). 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. 604's AED 120,000 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 6th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 692 sqft | AED 1MAED 1,000,000 · Oct 2026October 2026 | 80,000 /yr | |
| 602 | 1-bed | 787 sqft | AED 1.11MAED 1,105,000 · May 2024May 2024 | 55,000 /yr | |
| 603 | 1-bed | 815 sqft | AED 700KAED 700,000 · Jan 2021January 2021 | 90,000 /yr | |
| 605 | 2-bed | 1,314 sqft | AED 1.9MAED 1,900,000 · Jul 2024July 2024 | 99,000 /yr | |
| 606 | 3-bed | 1,944 sqft | AED 2.8MAED 2,800,000 · Apr 2026April 2026 | ||
| 607 | 1-bed | 869 sqft | AED 550KAED 550,000 · Oct 2011October 2011 | 76,375 /yr | |
| 608 | 1-bed | 394 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 92,000 /yr | |
| 609 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Aug 2024August 2024 | 70,000 /yr |
604, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 24 November 2009 for AED 856,281, or AED 698 per sqft.
- Rented since January 2016 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2020 and recovered to AED 120,000 by July 2025.
- At AED 120,000 a year the gross yield on the 2009 price is 14.0%, 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 July 2025.
Questions about 604, Time Place Tower
What did unit 604 last sell for?
AED 856,281 on 24 November 2009, sold by the developer: AED 698 per sqft for 1,226 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 120,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 120,000; the unit has been rented since January 2016.
How big is unit 604?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2009.
What is unit 604 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 604, Time Place Tower
Starts from the last sale price (AED 856K, 24 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 856,281
- Deposit, UAE resident (20%)
- AED 171,256
- Deposit, non-resident (40%)
- AED 342,512
- Monthly over 25 years at 3.7%
- AED 3,503
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →