2406, Time Place Tower
Sold prices and rental history: sold once, by the developer in July 2010, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Time Place Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 18 July 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,891 sqft
- Floor
- 24th of 34
- Parking
- 82 & 83(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 43,500 /yr
- Last sold
- AED 883K · July 2010
- Building
- Time Place Tower
About 2406, Time Place Tower
2406 is a three-bedroom apartment of 1,891 sqft on the 24th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 21 July 2010 for AED 882,700, or AED 466 per sqft, 49% below the AED 914 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 July 2021. The current contract, signed on 18 July 2021, is AED 150,000 a year: a gross yield of 17.0% on the 2010 price, before the service charge of about AED 43,500 a year.
Sales and rents for 2406 over time
2406 has sold once; 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 2406 sits
All 33 3-beds →2406 last sold in July 2010 at AED 466 per sqft, 49% below what three-beds in Time Place Tower were fetching at the time (AED 914). 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. 2406'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 24th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 692 sqft | AED 587KAED 586,530 · Feb 2013February 2013 | 79,000 /yr | |
| 2402 | 1-bed | 850 sqft | AED 842KAED 841,500 · Jun 2013June 2013 | 88,000 /yr | |
| 2403 | 1-bed | 815 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | 70,000 /yr | |
| 2404 | 2-bed | 1,161 sqft | AED 1.53MAED 1,525,000 · Sep 2015September 2015 | ||
| 2405 | 2-bed | 1,259 sqft | AED 2MAED 2,000,000 · Nov 2024November 2024 | 185,000 /yr | |
| 2407 | 1-bed | 878 sqft | AED 788KAED 787,742 · Nov 2009November 2009 | 78,000 /yr | |
| 2408 | 1-bed | 880 sqft | AED 700KAED 700,000 · Jul 2011July 2011 | 73,500 /yr | |
| 2409 | 1-bed | 704 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 85,000 /yr |
2406, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 21 July 2010 for AED 882,700, or AED 466 per sqft.
- Rented since July 2021 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2010 price is 17.0%, 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 18 July 2021.
Questions about 2406, Time Place Tower
What did unit 2406 last sell for?
AED 882,700 on 21 July 2010, sold by the developer: AED 466 per sqft for 1,891 sqft. It is the only registered sale of the unit.
What is the rent for unit 2406?
AED 150,000 a year on the contract signed on 18 July 2021.
How big is unit 2406?
1,891 sqft (175.7 sqm): a three-bedroom apartment on the 24th floor of a 34-storey tower completed in 2009.
What is unit 2406 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 2406, Time Place Tower
Starts from the last sale price (AED 883K, 21 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 882,700
- Deposit, UAE resident (20%)
- AED 176,540
- Deposit, non-resident (40%)
- AED 353,080
- Monthly over 25 years at 3.7%
- AED 3,611
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →