3-bed · 1,944 sqftTime Place Tower, Dubai Marina · 19th floor · completed 2009

1906, Time Place Tower

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 11 August 2024
Last soldAED 1.48M7 November 2019
Current rentAED 195K /yr11 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Time Place Tower

What is 1906 worth today?

Last sold for AED 1,480,000 in 2019

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11 Aug 2024RentedRenewal
AED 195,000/yr12 months · AED 100 per sqft
11 Aug 2024RentedRenewal
AED 195,000/yr12 months · AED 100 per sqft
11 Aug 2023RentedNew contract
AED 195,000/yr12 months · AED 100 per sqft
25 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 103 per sqft
7 Nov 2019SoldReady
AED 1,480,000AED 761 per sqft
1 May 2014RentedNew contract
AED 170,500/yr12 months · AED 88 per sqft
27 Oct 2013Sold by developerReady
AED 1,654,520AED 850 per sqft

Source: Dubai Land Department. Updated 11 August 2024.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
19th of 34
Parking
80 & 81(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,700 /yr
Last sold
AED 1.48M · November 2019

About 1906, Time Place Tower

1906 is a three-bedroom apartment of 1,944 sqft on the 19th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 7 November 2019 for AED 1,480,000, or AED 761 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 11 August 2024, is AED 195,000 a year: a gross yield of 13.2% on the 2019 price, before the service charge of about AED 44,700 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, 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, October 2013: AED 1,654,520 (AED 850 per sqft)Sold, November 2019: AED 1,480,000 (AED 761 per sqft)

1906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1906, 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, May 2014: AED 170,500 a yearNew contract, July 2022: AED 200,000 a yearNew contract, August 2023: AED 195,000 a yearRenewal, August 2024: AED 195,000 a yearRenewal, August 2024: 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 1906 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. 1906'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 19th floor

All 300 units in Time Place Tower
Value
19011-bedAED 537K · Jun 2011
19021-bedAED 1.1M · Jun 2021
19031-bedAED 1.18M · Jan 2014
19042-bedAED 2M · Jun 2014
19052-bedAED 1.5M · Dec 2017
19071-bedAED 825K · Jun 2022
19081-bedAED 1.15M · Feb 2024
1–7 of 8

1906, Time Place Tower in numbers

  • Sold twice: first on 27 October 2013 for AED 1,654,520, last on 7 November 2019 for AED 1,480,000 (AED 761 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 170,500 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2019 price is 13.2%, 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 11 August 2024.

Questions about 1906, Time Place Tower

What did unit 1906 last sell for?

AED 1,480,000 on 7 November 2019: AED 761 per sqft for 1,944 sqft. The unit has 2 registered sales; the first was AED 1,654,520 in October 2013.

What is the rent for unit 1906?

AED 195,000 a year on the contract renewed on 11 August 2024. The previous contract, from August 2024, was AED 195,000; the unit has been rented since May 2014.

How big is unit 1906?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 19th floor of a 34-storey tower completed in 2009.

What is unit 1906 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 1906, Time Place Tower

Starts from the last sale price (AED 1.48M, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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