2506, Time Place Tower
Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, Time Place Tower
What is 2506 worth today?
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Source: Dubai Land Department. Updated 1 July 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 1,891 sqft
- Floor
- 25th of 34
- Parking
- 57&58(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 43,500 /yr
- Last sold
- AED 1.78M · June 2013
- Building
- Time Place Tower
About 2506, Time Place Tower
2506 is a three-bedroom apartment of 1,891 sqft on the 25th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 26 June 2013 for AED 1,782,375, or AED 942 per sqft, in line with the AED 925 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 July 2017, is AED 160,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 43,500 a year.
Sales and rents for 2506 over time
2506 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 2506 sits
All 33 3-beds →2506 last sold in June 2013 at AED 942 per sqft, in line with what three-beds in Time Place Tower were fetching at the time (AED 925). 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. 2506's AED 160,000 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 25th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 692 sqft | AED 593KAED 592,515 · Oct 2015October 2015 | 67,000 /yr | |
| 2502 | 1-bed | 850 sqft | AED 850KAED 850,000 · Apr 2015April 2015 | 89,759 /yr | |
| 2503 | 1-bed | 815 sqft | AED 1.1MAED 1,100,000 · Dec 2017December 2017 | 100,000 /yr | |
| 2504 | 2-bed | 1,161 sqft | AED 1.8MAED 1,800,000 · Nov 2014November 2014 | 118,000 /yr | |
| 2505 | 2-bed | 1,259 sqft | AED 1.13MAED 1,127,541 · Aug 2015August 2015 | 65,000 /yr | |
| 2507 | 1-bed | 878 sqft | AED 1.33MAED 1,330,000 · Aug 2025August 2025 | 87,000 /yr | |
| 2508 | 1-bed | 880 sqft | AED 1.42MAED 1,420,075 · Jun 2026June 2026 | 85,000 /yr | |
| 2509 | 1-bed | 704 sqft | AED 860KAED 860,000 · Nov 2017November 2017 | 100,000 /yr |
2506, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 26 June 2013 for AED 1,782,375, or AED 942 per sqft.
- Rented since December 2012 on 5 Ejari contracts, from AED 67,500 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2013 price is 9.0%, 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 1 July 2017.
Questions about 2506, Time Place Tower
What did unit 2506 last sell for?
AED 1,782,375 on 26 June 2013, sold by the developer: AED 942 per sqft for 1,891 sqft. It is the only registered sale of the unit.
What is the rent for unit 2506?
AED 160,000 a year on the contract signed on 1 July 2017. The previous contract, from June 2016, was AED 160,000; the unit has been rented since December 2012.
How big is unit 2506?
1,891 sqft (175.7 sqm): a three-bedroom apartment on the 25th floor of a 34-storey tower completed in 2009.
What is unit 2506 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 2506, Time Place Tower
Starts from the last sale price (AED 1.78M, 26 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,782,375
- Deposit, UAE resident (20%)
- AED 356,475
- Deposit, non-resident (40%)
- AED 712,950
- Monthly over 25 years at 3.7%
- AED 7,292
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →