3-bed · 1,891 sqftTime Place Tower, Dubai Marina · 28th floor · completed 2009

2806, Time Place Tower

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 1.83M4 May 2010
Current rentAED 120K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Time Place Tower

What is 2806 worth today?

Last sold for AED 1,833,300 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
25 Jan 2018RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft
25 Jan 2017RentedNew contract
AED 195,000/yr12 months · AED 103 per sqft
1 Dec 2014RentedNew contract
AED 184,700/yr12 months · AED 97 per sqft
1 Dec 2013RentedNew contract
AED 169,166/yr12 months · AED 89 per sqft
4 May 2010Sold by developerReady
AED 1,833,300AED 969 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
3-bed apartment
Size
1,891 sqft
Floor
28th of 34
Parking
13&14(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 43,500 /yr
Last sold
AED 1.83M · May 2010

About 2806, Time Place Tower

2806 is a three-bedroom apartment of 1,891 sqft on the 28th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 4 May 2010 for AED 1,833,300, or AED 969 per sqft, 8% above the AED 901 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 September 2020, is AED 120,000 a year: a gross yield of 6.6% on the 2010 price, before the service charge of about AED 43,500 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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, May 2010: AED 1,833,300 (AED 969 per sqft)

2806 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2806, each contractTypical three-bed in Time Place Tower
150K200K2012201620202024Typical 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, December 2013: AED 169,166 a yearNew contract, December 2014: AED 184,700 a yearNew contract, January 2017: AED 195,000 a yearNew contract, January 2018: AED 175,000 a yearNew contract, September 2019: AED 120,000 a yearRenewal, September 2020: AED 120,000 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 2806 sits

All 33 3-beds →

2806 last sold in May 2010 at AED 969 per sqft, 8% above what three-beds in Time Place Tower were fetching at the time (AED 901). 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. 2806's AED 120,000 is at the bottom 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 28th floor

All 300 units in Time Place Tower
Value
28011-bedAED 1M · Mar 2015
28021-bedAED 408K · Jul 2022
28031-bedAED 709K · Jan 2010
28042-bedAED 1.54M · Jul 2024
28052-bedAED 2.2M · Apr 2025
28071-bedAED 1M · Oct 2022
28081-bedAED 880K · Oct 2018
1–7 of 8

2806, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 4 May 2010 for AED 1,833,300, or AED 969 per sqft.
  • Rented since December 2013 on 6 Ejari contracts, from AED 169,166 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 6.6%, 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 September 2020.

Questions about 2806, Time Place Tower

What did unit 2806 last sell for?

AED 1,833,300 on 4 May 2010, sold by the developer: AED 969 per sqft for 1,891 sqft. It is the only registered sale of the unit.

What is the rent for unit 2806?

AED 120,000 a year on the contract renewed on 1 September 2020. The previous contract, from September 2019, was AED 120,000; the unit has been rented since December 2013.

How big is unit 2806?

1,891 sqft (175.7 sqm): a three-bedroom apartment on the 28th floor of a 34-storey tower completed in 2009.

What is unit 2806 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.

Selling 2806? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2806, Time Place Tower

Starts from the last sale price (AED 1.83M, 4 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,833,300
Deposit, UAE resident (20%)
AED 366,660
Deposit, non-resident (40%)
AED 733,320
Monthly over 25 years at 3.7%
AED 7,501

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