3-bed · 1,944 sqftTime Place Tower, Dubai Marina · 14th floor · completed 2009

1406, Time Place Tower

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

Unit 1406 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 1.55M17 May 2021
Current rentAED 195K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Time Place Tower

What is 1406 worth today?

Last sold for AED 1,550,000 in 2021

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14 Feb 2026RentedNew contract
AED 195,000/yr12 months · AED 100 per sqft
2 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
2 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
2 Oct 2023RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
2 Oct 2023RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
3 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
1 Sep 2021RentedNew contract
AED 116,000/yr12 months · AED 60 per sqft
17 May 2021SoldReady
AED 1,550,000AED 797 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
14th of 34
Parking
70 & 71(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,700 /yr
Last sold
AED 1.55M · May 2021

About 1406, Time Place Tower

1406 is a three-bedroom apartment of 1,944 sqft on the 14th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 17 May 2021 for AED 1,550,000, or AED 797 per sqft, in line with the AED 804 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 14 February 2026, is AED 195,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 44,700 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, December 2011: AED 1,567,440 (AED 806 per sqft)Sold, May 2021: AED 1,550,000 (AED 797 per sqft)

1406 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1406, each contractTypical three-bed in Time Place Tower
150K200K2012201620202024Typical 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, September 2021: AED 116,000 a yearNew contract, October 2022: AED 160,000 a yearRenewal, October 2023: AED 160,000 a yearRenewal, October 2023: AED 160,000 a yearNew contract, October 2024: AED 160,000 a yearNew contract, October 2024: AED 160,000 a yearNew contract, February 2026: AED 195,000 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 1406 sits

All 33 3-beds →

1406 last sold in May 2021 at AED 797 per sqft, in line with what three-beds in Time Place Tower were fetching at the time (AED 804). 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. 1406's AED 195,000 is at the top 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 14th floor

All 300 units in Time Place Tower
Value
14011-bedAED 720K · Apr 2013
14021-bedAED 993K · Jul 2018
14031-bedAED 1.25M · Aug 2024
14042-bedAED 1.94M · Feb 2025
14052-bedAED 996K · Oct 2012
14071-bedAED 677K · Feb 2011
14081-bedAED 830K · Oct 2022
1–7 of 8

1406, Time Place Tower in numbers

  • Sold twice: first on 28 December 2011 for AED 1,567,440, last on 17 May 2021 for AED 1,550,000 (AED 797 per sqft).
  • Rented since September 2021 on 7 Ejari contracts, from AED 116,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2021 price is 12.6%, 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 14 February 2026.

Questions about 1406, Time Place Tower

What did unit 1406 last sell for?

AED 1,550,000 on 17 May 2021: AED 797 per sqft for 1,944 sqft. The unit has 2 registered sales; the first was AED 1,567,440 in December 2011.

What is the rent for unit 1406?

AED 195,000 a year on the contract signed on 14 February 2026. The previous contract, from October 2024, was AED 160,000; the unit has been rented since September 2021.

How big is unit 1406?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 14th floor of a 34-storey tower completed in 2009.

What is unit 1406 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 1406, Time Place Tower

Starts from the last sale price (AED 1.55M, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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