1206, Time Place Tower
Sold prices and rental history: sold once, by the developer in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Time Place Tower
What is 1206 worth today?
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Source: Dubai Land Department. Updated 18 July 2011.
Key facts
- Type
- 3-bed apartment
- Size
- 1,944 sqft
- Floor
- 12th of 34
- Parking
- 43(A00)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 44,700 /yr
- Last sold
- AED 766K · July 2011
- Building
- Time Place Tower
About 1206, Time Place Tower
1206 is a three-bedroom apartment of 1,944 sqft on the 12th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 July 2011 for AED 766,304, or AED 394 per sqft, 47% below the AED 743 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1206 over time
1206 has sold once; the dashed line is the three-bed median of each year in the building.
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 1206 sits
All 33 3-beds →1206 last sold in July 2011 at AED 394 per sqft, 47% below what three-beds in Time Place Tower were fetching at the time (AED 743). 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.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Apr 202624 April 2026 | 1,944 sqft | 2,800,000 | 1,440 | ||
| 24 Nov 202524 November 2025 | 1,944 sqft | 3,200,000 | 1,645 | ||
| 23 May 202523 May 2025 | 1,891 sqft | 3,675,000 | 1,943 | ||
| 11 Mar 202511 March 2025 | 1,891 sqft | 1,500,000 | 793 |
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 12th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 692 sqft | AED 495KAED 495,198 · Dec 2013December 2013 | 80,000 /yr | |
| 1202 | 1-bed | 787 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 40,000 /yr | |
| 1203 | 1-bed | 815 sqft | AED 565KAED 564,649 · Jun 2011June 2011 | 125,000 /yr | |
| 1204 | 2-bed | 1,226 sqft | AED 921KAED 921,315 · Jun 2013June 2013 | 115,762 /yr | |
| 1205 | 2-bed | 1,314 sqft | AED 1.85MAED 1,850,000 · May 2024May 2024 | 130,000 /yr | |
| 1207 | 1-bed | 869 sqft | AED 724KAED 724,210 · Oct 2009October 2009 | 88,000 /yr | |
| 1208 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jul 2024July 2024 | 60,000 /yr | |
| 1209 | 1-bed | 704 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 58,340 /yr |
1206, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 18 July 2011 for AED 766,304, or AED 394 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 18 July 2011.
Questions about 1206, Time Place Tower
What did unit 1206 last sell for?
AED 766,304 on 18 July 2011, sold by the developer: AED 394 per sqft for 1,944 sqft. It is the only registered sale of the unit.
How big is unit 1206?
1,944 sqft (180.6 sqm): a three-bedroom apartment on the 12th floor of a 34-storey tower completed in 2009.
What is unit 1206 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 1206, Time Place Tower
Starts from the last sale price (AED 766K, 18 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 766,304
- Deposit, UAE resident (20%)
- AED 153,261
- Deposit, non-resident (40%)
- AED 306,522
- Monthly over 25 years at 3.7%
- AED 3,135
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →