3-bed · 1,891 sqftTime Place Tower, Dubai Marina · 29th floor · completed 2009

2906, Time Place Tower

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 15 April 2021
Last soldAED 1.85M15 April 2021
Current rentAED 130K /yr15 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, Time Place Tower

What is 2906 worth today?

Last sold for AED 1,850,000 in 2021

Unlock today's estimate, updated daily, with

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

15 Apr 2021SoldReady
AED 1,850,000AED 978 per sqft
15 Feb 2020RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
20 Sep 2018RentedNew contract
AED 135,000/yr12 months · AED 71 per sqft
27 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 90 per sqft
10 Apr 2013RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
20 Jan 2013RentedNew contract
AED 153,000/yr12 months · AED 81 per sqft
4 May 2010Sold by developerReady
AED 1,850,275AED 978 per sqft

Source: Dubai Land Department. Updated 15 April 2021.

Key facts

Type
3-bed apartment
Size
1,891 sqft
Floor
29th of 34
Parking
15 & 16(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 43,500 /yr
Last sold
AED 1.85M · April 2021

About 2906, Time Place Tower

2906 is a three-bedroom apartment of 1,891 sqft on the 29th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 15 April 2021 for AED 1,850,000, or AED 978 per sqft, 22% above the AED 804 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 February 2020, is AED 130,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 43,500 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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 1,850,275 (AED 978 per sqft)Sold, April 2021: AED 1,850,000 (AED 978 per sqft)

2906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2906, each contractTypical three-bed in Time Place Tower
150K2012201620202024Typical 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, January 2013: AED 153,000 a yearNew contract, April 2013: AED 160,000 a yearNew contract, October 2015: AED 170,000 a yearNew contract, September 2018: AED 135,000 a yearNew contract, February 2020: AED 130,000 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 2906 sits

All 33 3-beds →

2906 last sold in April 2021 at AED 978 per sqft, 22% above what three-beds in Time Place Tower were fetching at the time (AED 804). 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. 2906's AED 130,000 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 29th floor

All 300 units in Time Place Tower
Value
29011-bedAED 730K · Jun 2022
29021-bedAED 1.17M · Dec 2023
29031-bedAED 1.3M · Jul 2024
29042-bedAED 1.23M · Oct 2019
29052-bedAED 1.52M · May 2018
29071-bedAED 1.25M · Oct 2026
29081-bedAED 765K · Dec 2014
1–7 of 8

2906, Time Place Tower in numbers

  • Sold twice: first on 4 May 2010 for AED 1,850,275, last on 15 April 2021 for AED 1,850,000 (AED 978 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 153,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 7.0%, 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 15 April 2021.

Questions about 2906, Time Place Tower

What did unit 2906 last sell for?

AED 1,850,000 on 15 April 2021: AED 978 per sqft for 1,891 sqft. The unit has 2 registered sales; the first was AED 1,850,275 in May 2010.

What is the rent for unit 2906?

AED 130,000 a year on the contract signed on 15 February 2020. The previous contract, from September 2018, was AED 135,000; the unit has been rented since January 2013.

How big is unit 2906?

1,891 sqft (175.7 sqm): a three-bedroom apartment on the 29th floor of a 34-storey tower completed in 2009.

What is unit 2906 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 2906? 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 2906, Time Place Tower

Starts from the last sale price (AED 1.85M, 15 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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