The study of phases is useful for understanding novel states of matter. One such state of matter are time crystals which constitute periodically driven interacting many-body systems that spontaneously break time translation symmetry. Time crystals with arbitrary periods (and dimensions) can be realized using the model of Bose-Einstein condensates bouncing on periodically-driven mirror(s). In this work, we identify the different phases that characterize the two-dimensional time crystal. By determining the optimal initial conditions and value of system parameters, we provide a practical route to realize a specific phase of the time crystal. These different phases can be mapped to the many-body states existing on a two-dimensional Hubbard lattice model, thereby opening up interesting opportunities for quantum simulation of many-body physics in time lattices.