3-bed · 1,944 sqftTime Place Tower, Dubai Marina · 20th floor · completed 2009

2006, Time Place Tower

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.67M14 June 2015
Current rentAED 187K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Time Place Tower

What is 2006 worth today?

Last sold for AED 1,671,936 in 2015

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1 Mar 2025RentedRenewal
AED 187,000/yr12 months · AED 96 per sqft
1 Mar 2025RentedRenewal
AED 187,000/yr12 months · AED 96 per sqft
1 Mar 2024RentedNew contract
AED 187,000/yr12 months · AED 96 per sqft
1 Mar 2024RentedNew contract
AED 187,000/yr12 months · AED 96 per sqft
30 May 2021RentedNew contract
AED 114,000/yr12 months · AED 59 per sqft
30 May 2019RentedNew contract
AED 125,000/yr12 months · AED 64 per sqft
1 May 2018RentedRenewal
AED 140,000/yr12 months · AED 72 per sqft
1 May 2017RentedRenewal
AED 177,500/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
20th of 34
Parking
60 & 61(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,700 /yr
Last sold
AED 1.67M · June 2015

About 2006, Time Place Tower

2006 is a three-bedroom apartment of 1,944 sqft on the 20th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 14 June 2015 for AED 1,671,936, or AED 859 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 187,000 a year: a gross yield of 11.2% on the 2015 price, before the service charge of about AED 44,700 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, 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, June 2015: AED 1,671,936 (AED 859 per sqft)

2006 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2006, 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, February 2014: AED 205,000 a yearNew contract, May 2016: AED 172,500 a yearRenewal, May 2017: AED 177,500 a yearRenewal, May 2018: AED 140,000 a yearNew contract, May 2019: AED 125,000 a yearNew contract, May 2021: AED 114,000 a yearNew contract, March 2024: AED 187,000 a yearNew contract, March 2024: AED 187,000 a yearRenewal, March 2025: AED 187,000 a yearRenewal, March 2025: AED 187,000 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 2006 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. 2006's AED 187,000 is in the upper 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 20th floor

All 300 units in Time Place Tower
Value
20011-bedAED 1.24M · Jan 2025
20021-bedAED 1.52M · Mar 2025
20031-bedAED 1M · Dec 2015
20042-bedAED 800K · Mar 2012
20052-bedAED 860K · Jan 2017
20071-bedAED 724K · Nov 2014
20081-bedAED 980K · Nov 2015
1–7 of 8

2006, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 14 June 2015 for AED 1,671,936, or AED 859 per sqft.
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 205,000 to AED 114,000 in 2021 and recovered to AED 187,000 by March 2025.
  • At AED 187,000 a year the gross yield on the 2015 price is 11.2%, 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 1 March 2025.

Questions about 2006, Time Place Tower

What did unit 2006 last sell for?

AED 1,671,936 on 14 June 2015, sold by the developer: AED 859 per sqft for 1,944 sqft. It is the only registered sale of the unit.

What is the rent for unit 2006?

AED 187,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 187,000; the unit has been rented since February 2014.

How big is unit 2006?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 20th floor of a 34-storey tower completed in 2009.

What is unit 2006 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 2006, Time Place Tower

Starts from the last sale price (AED 1.67M, 14 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,671,936
Deposit, UAE resident (20%)
AED 334,387
Deposit, non-resident (40%)
AED 668,774
Monthly over 25 years at 3.7%
AED 6,840

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