G02, Time Place Tower
Sold prices and rental history: sold once, by the developer in October 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Time Place Tower
What is G02 worth today?
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Source: Dubai Land Department. Updated 17 October 2020.
Key facts
- Type
- Studio apartment
- Size
- 777 sqft
- Floor
- Ground of 34
- Parking
- 44(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 17,900 /yr
- Last sold
- AED 630K · October 2009
- Building
- Time Place Tower
About G02, Time Place Tower
G02 is a studio of 777 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 1 October 2009 for AED 630,000, or AED 810 per sqft.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 17 October 2020, is AED 40,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 17,900 a year.
Sales and rents for G02 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Time Place Tower, and where G02 sits
All 4 studios →Over the last 12 months studios sold for AED 1,020,000, around AED 2,134 per sqft, and rent for AED 55,000 to 65,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 478 sqft | 1,020,000 | 2,134 | ||
| 23 Nov 201623 November 2016 | 478 sqft | 700,000 | 1,464 | ||
| 30 Apr 201430 April 2014 | 478 sqft | 720,000 | 1,506 | ||
| 25 Feb 201325 February 2013 | 478 sqft | 573,480 | 1,199 |
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 ground floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,266 sqft | AED 1.77MAED 1,772,400 · Jun 2015June 2015 | ||
| G03 | 1-bed | 805 sqft | AED 630KAED 630,000 · Jan 2021January 2021 | 100,000 /yr | |
| G04 | 2-bed | 1,269 sqft | AED 1.74MAED 1,740,380 · Jul 2011July 2011 | 120,000 /yr | |
| G05 | 1-bed | 891 sqft | AED 1.2MAED 1,202,850 · Dec 2013December 2013 | 75,000 /yr | |
| GV6 | 4-bed | 4,412 sqft | AED 6.7MAED 6,700,000 · Jan 2026January 2026 | 160,000 /yr |
G02, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 1 October 2009 for AED 630,000, or AED 810 per sqft.
- Rented since September 2013 on 3 Ejari contracts, from AED 63,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 17,900 a year (AED 23.00 per sqft).
- Studios in Time Place Tower sold for AED 1,020,000–1,020,000 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 17 October 2020.
Questions about G02, Time Place Tower
What did unit G02 last sell for?
AED 630,000 on 1 October 2009, sold by the developer: AED 810 per sqft for 777 sqft. It is the only registered sale of the unit.
What is the rent for unit G02?
AED 40,000 a year on the contract signed on 17 October 2020. The previous contract, from September 2014, was AED 63,000; the unit has been rented since September 2013.
How big is unit G02?
777 sqft (72.2 sqm): a studio on the ground floor of a 34-storey tower completed in 2009.
What is unit G02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Time Place Tower sold for AED 1,020,000 to 1,020,000 in the last 12 months, around AED 2,134 per sqft.
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Mortgage on G02, Time Place Tower
Starts from the last sale price (AED 630K, 1 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →