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2-bed · 1,266 sqftTime Place Tower, Dubai Marina · Ground floor · completed 2009

G01, Time Place Tower

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 30 June 2015
Last soldAED 1.77M30 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G01, Time Place Tower

What is G01 worth today?

Last sold for AED 1,772,400 in 2015

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30 Jun 2015Sold by developerReady
AED 1,772,400AED 1,399 per sqft

Source: Dubai Land Department. Updated 30 June 2015.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
Ground of 34
Parking
47(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 1.77M · June 2015
Building
Time Place Tower

About G01, Time Place Tower

G01 is a two-bedroom apartment of 1,266 sqft on the ground floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 30 June 2015 for AED 1,772,400, or AED 1,399 per sqft, in line with the AED 1,375 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G01 over time

Sales
Unit G01, 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, June 2015: AED 1,772,400 (AED 1,399 per sqft)

G01 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G01, 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 121,689

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 G01 sits

All 68 2-beds →

G01 last sold in June 2015 at AED 1,399 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 1,375). 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.

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 ground floor

All 300 units in Time Place Tower
Value
G02StudioAED 630K · Oct 2009
G031-bedAED 630K · Jan 2021
G042-bedAED 1.74M · Jul 2011
G051-bedAED 1.2M · Dec 2013
GV64-bedAED 6.7M · Jan 2026

G01, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 30 June 2015 for AED 1,772,400, or AED 1,399 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 30 June 2015.

Questions about G01, Time Place Tower

What did unit G01 last sell for?

AED 1,772,400 on 30 June 2015, sold by the developer: AED 1,399 per sqft for 1,266 sqft. It is the only registered sale of the unit.

How big is unit G01?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the ground floor of a 34-storey tower completed in 2009.

What is unit G01 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 G01, Time Place Tower

Starts from the last sale price (AED 1.77M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,772,400
Deposit, UAE resident (20%)
AED 354,480
Deposit, non-resident (40%)
AED 708,960
Monthly over 25 years at 3.7%
AED 7,251

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