2-bed · 1,314 sqftTime Place Tower, Dubai Marina · 9th floor · completed 2009

905, Time Place Tower

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 1.7M22 April 2024
Current rentAED 87K /yr28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Time Place Tower

What is 905 worth today?

Last sold for AED 1,700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Apr 2024SoldReady
AED 1,700,000AED 1,293 per sqft
28 Feb 2022RentedNew contract
AED 87,000/yr12 months · AED 66 per sqft
5 Jul 2020RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
5 Jul 2019RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
5 Jul 2018RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
25 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
24 Oct 2010Sold by developerReady
AED 938,979AED 714 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
2-bed apartment
Size
1,314 sqft
Floor
9th of 34
Parking
3(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 30,200 /yr
Last sold
AED 1.7M · April 2024

About 905, Time Place Tower

905 is a two-bedroom apartment of 1,314 sqft on the 9th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 22 April 2024 for AED 1,700,000, or AED 1,293 per sqft, in line with the AED 1,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 February 2022, is AED 87,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, October 2010: AED 938,979 (AED 714 per sqft)Sold, April 2024: AED 1,700,000 (AED 1,293 per sqft)

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

Rents
Unit 905, each contractTypical two-bed in Time Place Tower
75K100K125K2012201620202024Typical 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, November 2017: AED 120,000 a yearNew contract, July 2018: AED 105,000 a yearRenewal, July 2019: AED 105,000 a yearRenewal, July 2020: AED 105,000 a yearNew contract, February 2022: AED 87,000 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 905 sits

All 68 2-beds →

905 last sold in April 2024 at AED 1,293 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 1,293). 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. 905's AED 87,000 is at the bottom 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 9th floor

All 300 units in Time Place Tower
Value
9011-bedAED 750K · Dec 2022
9021-bedAED 1M · Jun 2024
9031-bedAED 1.2M · Jan 2024
9042-bedAED 1.7M · Oct 2023
9063-bedAED 1.8M · Dec 2018
9071-bedAED 638K · Mar 2010
9081-bedAED 526K · Aug 2010
1–7 of 8

905, Time Place Tower in numbers

  • Sold twice: first on 24 October 2010 for AED 938,979, last on 22 April 2024 for AED 1,700,000 (AED 1,293 per sqft).
  • Rented since November 2017 on 5 Ejari contracts, from AED 120,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2024 price is 5.1%, 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 22 April 2024.

Questions about 905, Time Place Tower

What did unit 905 last sell for?

AED 1,700,000 on 22 April 2024: AED 1,293 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 938,979 in October 2010.

What is the rent for unit 905?

AED 87,000 a year on the contract signed on 28 February 2022. The previous contract, from July 2020, was AED 105,000; the unit has been rented since November 2017.

How big is unit 905?

1,314 sqft (122.1 sqm): a two-bedroom apartment on the 9th floor of a 34-storey tower completed in 2009.

What is unit 905 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 905? 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.

How OpenOffers works

Mortgage on 905, Time Place Tower

Starts from the last sale price (AED 1.7M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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