3-bed · 1,944 sqftTime Place Tower, Dubai Marina · 10th floor · completed 2009

1006, Time Place Tower

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 19 July 2025
Last soldAED 1.57M4 February 2021
Current rentAED 164K /yr19 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Time Place Tower

What is 1006 worth today?

Last sold for AED 1,565,000 in 2021

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19 Jul 2025RentedRenewal
AED 164,260/yr12 months · AED 85 per sqft
19 Jul 2024RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
19 Jul 2024RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft
1 May 2022RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft
4 Feb 2021SoldReady
AED 1,565,000AED 804 per sqft
12 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
24 Sep 2019RentedNew contract
AED 125,000/yr12 months · AED 64 per sqft
1 Sep 2018RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 19 July 2025.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
10th of 34
Parking
53 & 54(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,700 /yr
Last sold
AED 1.57M · February 2021

About 1006, Time Place Tower

1006 is a three-bedroom apartment of 1,944 sqft on the 10th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 4 February 2021 for AED 1,565,000, or AED 804 per sqft, 25% above the AED 642 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 19 July 2025, is AED 164,260 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 44,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical three-bed in Time Place Tower
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,706,768; 2011 AED 1,471,652; 2012 AED 1,800,000; 2013 AED 1,637,104; 2015 AED 1,610,980; 2021 AED 1,635,000; 2023 AED 2,230,000; 2025 AED 3,200,000Sold by developer, May 2011: AED 1,497,776 (AED 770 per sqft)Sold, June 2011: AED 1,550,000 (AED 797 per sqft)Sold, February 2021: AED 1,565,000 (AED 804 per sqft)

1006 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1006, each contractTypical three-bed in Time Place Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 147,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 168,677; 2017 AED 166,750; 2018 AED 150,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 182,500; 2025 AED 179,500; 2026 AED 160,000New contract, August 2017: AED 170,000 a yearNew contract, September 2018: AED 150,000 a yearNew contract, September 2019: AED 125,000 a yearNew contract, December 2020: AED 85,000 a yearNew contract, May 2022: AED 150,000 a yearNew contract, July 2024: AED 170,000 a yearNew contract, July 2024: AED 170,000 a yearRenewal, July 2025: AED 164,260 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Time Place Tower, and where 1006 sits

All 33 3-beds →

1006 last sold in February 2021 at AED 804 per sqft, 25% above what three-beds in Time Place Tower were fetching at the time (AED 642). Over the last 12 months three-beds sold for AED 2,800,000 to 3,200,000, around AED 1,543 per sqft, and rent for AED 140,000 to 195,000 a year. 1006's AED 164,260 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20262,800,000
24 Nov 20253,200,000
23 May 20253,675,000
11 Mar 20251,500,000
2 3-bed sales 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 10th floor

All 300 units in Time Place Tower
Value
10011-bedAED 1.06M · Oct 2014
10021-bedAED 1M · Jun 2024
10031-bedAED 1.38M · Jun 2024
10042-bedAED 1.05M · Feb 2010
10052-bedAED 950K · Nov 2010
10071-bedAED 646K · Oct 2009
10081-bedAED 920K · Jun 2018
1–7 of 8

1006, Time Place Tower in numbers

  • Sold 3 times: first on 29 May 2011 for AED 1,497,776, last on 4 February 2021 for AED 1,565,000 (AED 804 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 85,000 in 2020 and recovered to AED 164,260 by July 2025.
  • At AED 164,260 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 44,700 a year (AED 23.00 per sqft).
  • Three-beds in Time Place Tower sold for AED 2,800,000–3,200,000 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 19 July 2025.

Questions about 1006, Time Place Tower

What did unit 1006 last sell for?

AED 1,565,000 on 4 February 2021: AED 804 per sqft for 1,944 sqft. The unit has 3 registered sales; the first was AED 1,497,776 in May 2011.

What is the rent for unit 1006?

AED 164,260 a year on the contract renewed on 19 July 2025. The previous contract, from July 2024, was AED 170,000; the unit has been rented since August 2017.

How big is unit 1006?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 10th floor of a 34-storey tower completed in 2009.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Time Place Tower sold for AED 2,800,000 to 3,200,000 in the last 12 months, around AED 1,543 per sqft.

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Mortgage on 1006, Time Place Tower

Starts from the last sale price (AED 1.57M, 4 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,565,000
Deposit, UAE resident (20%)
AED 313,000
Deposit, non-resident (40%)
AED 626,000
Monthly over 25 years at 3.7%
AED 6,403

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