First people need to understand how relativity works. There's a thing called proper time which we regard as an interval between two events or points in spacetime. In "ordinary common sense" space you define the distance (the interval) like this :
$$s^2 = (x_2-x_1)^2+(y_2-y_1)^2+(z_2-z_1)^2$$
That's the square of the distance between two point. Time (and in particular our human sense of time) has no involvement here. You might also consider defining that interval as $s^2=c^2(t_2-t_1)^2$ which is pretty trivial. Either way there is no connection between a human sense of everyday time and the everyday definition of an interval or distance between events or objects.
In relativity in our 3+1 D universe (three spacelike dimensions and one timelike dimension), we define an interval as :
$$s^2 = c^2(t_2-t_1)^2-(x_2-x_1)^2-(y_2-y_1)^2-(z_2-z_1)^2$$
Two observers have to see that interval as being the same, and the mathematics of that definition is what connects space and time and why we end up with time dilation and length contractions - time and space are connected explcitly and cannot be disconnected.
Timelike means $s^2$ is positive. A timelike dimension ($t$) has that positive contribution to the interval.
Spacelike means $s^2$ is negative. A spacelike dimension has a negative contribution to the interval.
Well that's how your basic universe we live in works. Here's an interval for a universe with two timelike dimensions $t$ and $u$ :
$$s^2 = b^2(u_2-u_1)^2 + c^2(t_2-t_1)^2-(x_2-x_1)^2-(y_2-y_1)^2-(z_2-z_1)^2$$
But how is a human time defined in such a space ?
Short version : it's not.
The idea of time as we understand it is apart from these notions of relativity. Our everyday concept of time relates to a boring Newtonian ("classical") universe where space and time are not connected.
It happens we can bridge the Newtonian concept of time with the relativistic concept of time in our universe, but that's not going to work at all in a universe with two timelike dimensions. Whatever perceptions of "time" the inhabitants of such a universe have, it won't relate at all to anything we understand as time.
Now in a deeper sense the human perception of time relates to the concepts of energy and entropy ( "the arrow of time" ). So in your other universe with two or more timelike dimensions their equivalent of human time (as opposed to abstract mathematical timelike dimensions) might (might !) relate to how energy and entropy connect with those dimensions. I'm not at all sure an arrow of time would be expressed as a single scalar value in such a universe - it might require a vector of time along a multidimensional plane of "time" dimensions. There might be multiple entropy values or their equivalent.
Alternatively it's not impossible that such inhabitants might actually not work quite naturally with two time dimensions. For them the idea of one time dimension would be very strange - their common sense (their version of Newtonian mechanics) would have quite a different feeling. In instead of having one velocity vector describing motion, maybe they have two.
And they might even use both of these concepts (or something like them) simultaneously. We do. It just happens it's easy for us because in this universe we only have to reconcile one timelike dimension with the arrow of time and as it happens the maths works out that the relativistic effects aren't ones we normally have to experience, so the simplest view is easy to use. In the other universe these inhabitants will presumably develop their own perceptions of before and after and maybe have a concept like before-after and before-before and after-before and after-after with different combinations of when things happen in the different timelike dimensions.
So a question like "when were you born ?" could have an answer like "Dec 1965, January 1831". A question like "which came first ?" might be meaningless and you might need to say "which came first-first ?" or "Which came anytime-last ?". It might make perfect sense to them and be impossible for us to cope with.
As perceptions of time and space are something your brain invents to make sense of the world, that's likely to happen in such a universe (if anything like inhabitants can exist at all). They might commonly have quite different perceptions.
Extra dimensions
Let's go back to that interval :
$$s^2 = b^2(u_2-u_1)^2 + c^2(t_2-t_1)^2-(x_2-x_1)^2-(y_2-y_1)^2-(z_2-z_1)^2$$
In our universe there's no $b$ part of this, but depending on the relative values of $b$ and $c$ it's not impossible that one timelike dimension dominates the other in "everyday human" common sense events. The effect of the other time dimension could be important in cosmology in that universe and irrelevant to ordinary everyday physics. It's quite possible you could have values of $b$ and $c$ such that they can discover physics exactly like our 3+1 D universe even down to advanced quantum field theory long before they even realize there's more timelike dimensions.
So this universe might actually "look" quite similar to us with particular parameters for these kind of values. We actually use physics theories with way more than 3+1 dimensions ourselves. String theories some in a variety of flavors including ones with 26 dimensions (!), 10 dimensions and 11 dimensions. You can have these theories in such a way that the extra dimensions don't impact "normal" physics because there effect is small (in more sophisticated ways than my rather simplistic suggestion above).
But again, remember that these abstract physical theories don't necessarily easily connect to a human (or "universe inhabitant") idea of "time" or "time's arrow".