3-bed · 1,891 sqftTime Place Tower, Dubai Marina · 23rd floor · completed 2009

2306, Time Place Tower

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 14 December 2025
Last soldAED 1.5M11 March 2025
Current rentAED 166K /yr14 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Time Place Tower

What is 2306 worth today?

Last sold for AED 1,500,000 in 2025

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14 Dec 2025RentedRenewal
AED 166,000/yr12 months · AED 88 per sqft
11 Mar 2025SoldReady
AED 1,500,000AED 793 per sqft
14 Dec 2024RentedRenewal
AED 162,000/yr12 months · AED 86 per sqft
14 Dec 2024RentedRenewal
AED 162,000/yr12 months · AED 86 per sqft
14 Dec 2023RentedRenewal
AED 155,000/yr12 months · AED 82 per sqft
14 Dec 2022RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft
11 Oct 2021RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
11 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 14 December 2025.

Key facts

Type
3-bed apartment
Size
1,891 sqft
Floor
23rd of 34
Parking
11 & 12(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 43,500 /yr
Last sold
AED 1.5M · March 2025

About 2306, Time Place Tower

2306 is a three-bedroom apartment of 1,891 sqft on the 23rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 11 March 2025 for AED 1,500,000, or AED 793 per sqft, 46% below the AED 1,481 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 14 December 2025, is AED 166,000 a year: a gross yield of 11.1% on the 2025 price, before the service charge of about AED 43,500 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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 1,748,425 (AED 924 per sqft)Sold, March 2025: AED 1,500,000 (AED 793 per sqft)

2306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2306, each contractTypical three-bed in Time Place Tower
100K150K2012201620202024Typical 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, August 2015: AED 170,000 a yearNew contract, October 2019: AED 110,000 a yearNew contract, October 2020: AED 95,000 a yearNew contract, October 2021: AED 105,000 a yearNew contract, December 2022: AED 150,000 a yearRenewal, December 2023: AED 155,000 a yearRenewal, December 2024: AED 162,000 a yearRenewal, December 2024: AED 162,000 a yearRenewal, December 2025: AED 166,000 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 2306 sits

All 33 3-beds →

2306 last sold in March 2025 at AED 793 per sqft, 46% below what three-beds in Time Place Tower were fetching at the time (AED 1,481). 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. 2306's AED 166,000 is in the lower 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
21 Oct 20242,800,000
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 23rd floor

All 300 units in Time Place Tower
Value
23011-bedAED 581K · Dec 2013
23021-bedAED 910K · Dec 2012
23031-bedAED 1.1M · Sep 2013
23042-bedAED 1.71M · Jun 2024
23052-bedAED 2.15M · Apr 2024
23071-bedAED 776K · Oct 2014
23081-bedAED 720K · Mar 2020
1–7 of 8

2306, Time Place Tower in numbers

  • Sold twice: first on 30 June 2015 for AED 1,748,425, last on 11 March 2025 for AED 1,500,000 (AED 793 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 95,000 in 2020 and recovered to AED 166,000 by December 2025.
  • At AED 166,000 a year the gross yield on the 2025 price is 11.1%, before a service charge of about AED 43,500 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 December 2025.

Questions about 2306, Time Place Tower

What did unit 2306 last sell for?

AED 1,500,000 on 11 March 2025: AED 793 per sqft for 1,891 sqft. The unit has 2 registered sales; the first was AED 1,748,425 in June 2015.

What is the rent for unit 2306?

AED 166,000 a year on the contract renewed on 14 December 2025. The previous contract, from December 2024, was AED 162,000; the unit has been rented since August 2015.

How big is unit 2306?

1,891 sqft (175.7 sqm): a three-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2009.

What is unit 2306 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 2306, Time Place Tower

Starts from the last sale price (AED 1.5M, 11 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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