2606, Time Place Tower
Sold prices and rental history: sold twice, last in December 2023, 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 2606, Time Place Tower
What is 2606 worth today?
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Source: Dubai Land Department. Updated 6 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,891 sqft
- Floor
- 26th of 34
- Parking
- 54 & 55(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 43,500 /yr
- Last sold
- AED 2.4M · December 2023
- Building
- Time Place Tower
About 2606, Time Place Tower
2606 is a three-bedroom apartment of 1,891 sqft on the 26th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 6 December 2023 for AED 2,400,000, or AED 1,269 per sqft, 11% above the AED 1,146 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 27 January 2021, is AED 95,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 43,500 a year.
Sales and rents for 2606 over time
2606 has sold twice; 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 2606 sits
All 33 3-beds →2606 last sold in December 2023 at AED 1,269 per sqft, 11% above what three-beds in Time Place Tower were fetching at the time (AED 1,146). 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. 2606's AED 95,000 is at the bottom 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 26th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 692 sqft | AED 930KAED 930,000 · Feb 2017February 2017 | 88,000 /yr | |
| 2602 | 1-bed | 850 sqft | AED 429KAED 429,250 · Dec 2011December 2011 | 92,000 /yr | |
| 2603 | 1-bed | 815 sqft | AED 1.06MAED 1,055,000 · Dec 2017December 2017 | 77,000 /yr | |
| 2604 | 2-bed | 1,161 sqft | AED 523KAED 523,292 · Jul 2011July 2011 | ||
| 2605 | 2-bed | 1,259 sqft | AED 2.05MAED 2,050,000 · Mar 2014March 2014 | ||
| 2607 | 1-bed | 878 sqft | AED 799KAED 799,383 · Sep 2012September 2012 | 87,000 /yr | |
| 2608 | 1-bed | 880 sqft | AED 747KAED 746,918 · May 2013May 2013 | 91,980 /yr | |
| 2609 | 1-bed | 704 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | 48,000 /yr |
2606, Time Place Tower in numbers
- Sold twice: first on 18 July 2010 for AED 1,799,350, last on 6 December 2023 for AED 2,400,000 (AED 1,269 per sqft).
- Rented since December 2012 on 7 Ejari contracts, from AED 130,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2023 price is 4.0%, 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 6 December 2023.
Questions about 2606, Time Place Tower
What did unit 2606 last sell for?
AED 2,400,000 on 6 December 2023: AED 1,269 per sqft for 1,891 sqft. The unit has 2 registered sales; the first was AED 1,799,350 in July 2010.
What is the rent for unit 2606?
AED 95,000 a year on the contract signed on 27 January 2021. The previous contract, from August 2019, was AED 125,000; the unit has been rented since December 2012.
How big is unit 2606?
1,891 sqft (175.7 sqm): a three-bedroom apartment on the 26th floor of a 34-storey tower completed in 2009.
What is unit 2606 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 2606, Time Place Tower
Starts from the last sale price (AED 2.4M, 6 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →