1606, Time Place Tower
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Time Place Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 17 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,944 sqft
- Floor
- 16th of 34
- Parking
- 87 & 88(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 44,700 /yr
- Last sold
- AED 2.23M · June 2023
- Building
- Time Place Tower
About 1606, Time Place Tower
1606 is a three-bedroom apartment of 1,944 sqft on the 16th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 12 June 2023 for AED 2,230,000, or AED 1,146 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 17 July 2026, is AED 150,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 44,700 a year.
Sales and rents for 1606 over time
1606 has sold 3 times; 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 1606 sits
All 33 3-beds →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. 1606's AED 150,000 is in the lower half of that range.
| 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 16th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 692 sqft | AED 710KAED 710,000 · Sep 2022September 2022 | 43,000 /yr | |
| 1602 | 1-bed | 787 sqft | AED 606KAED 606,106 · Apr 2010April 2010 | 65,000 /yr | |
| 1603 | 1-bed | 815 sqft | AED 875KAED 875,000 · Dec 2022December 2022 | 75,000 /yr | |
| 1604 | 2-bed | 1,226 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1605 | 2-bed | 1,314 sqft | AED 1.83MAED 1,825,000 · Oct 2026October 2026 | 80,000 /yr | |
| 1607 | 1-bed | 869 sqft | AED 1.4MAED 1,400,000 · Jan 2026January 2026 | 84,808 /yr | |
| 1608 | 1-bed | 789 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 73,063 /yr | |
| 1609 | 1-bed | 704 sqft | AED 520KAED 519,992 · Feb 2010February 2010 | 15,600 /yr |
1606, Time Place Tower in numbers
- Sold 3 times: first on 20 March 2013 for AED 1,602,272, last on 12 June 2023 for AED 2,230,000 (AED 1,146 per sqft).
- Rented since January 2014 on 8 Ejari contracts, from AED 160,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 6.7%, 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 17 July 2026.
Questions about 1606, Time Place Tower
What did unit 1606 last sell for?
AED 2,230,000 on 12 June 2023: AED 1,146 per sqft for 1,944 sqft. The unit has 3 registered sales; the first was AED 1,602,272 in March 2013.
What is the rent for unit 1606?
AED 150,000 a year on the contract signed on 17 July 2026. The previous contract, from October 2025, was AED 165,000; the unit has been rented since January 2014.
How big is unit 1606?
1,944 sqft (180.6 sqm): a three-bedroom apartment on the 16th floor of a 34-storey tower completed in 2009.
What is unit 1606 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 1606, Time Place Tower
Starts from the last sale price (AED 2.23M, 12 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,230,000
- Deposit, UAE resident (20%)
- AED 446,000
- Deposit, non-resident (40%)
- AED 892,000
- Monthly over 25 years at 3.7%
- AED 9,124
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →