306, Time Place Tower
Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Time Place Tower
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,944 sqft
- Floor
- 3rd of 34
- Parking
- 73 & 77(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 44,700 /yr
- Last sold
- AED 1.38M · June 2013
- Building
- Time Place Tower
About 306, Time Place Tower
306 is a three-bedroom apartment of 1,944 sqft on the 3rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 18 June 2013 for AED 1,375,864, or AED 707 per sqft, 19% below the AED 875 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 10 June 2024, is AED 230,000 a year: a gross yield of 16.7% on the 2013 price, before the service charge of about AED 44,700 a year.
Sales and rents for 306 over time
306 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 306 sits
All 33 3-beds →306 last sold in June 2013 at AED 707 per sqft, 19% below what three-beds in Time Place Tower were fetching at the time (AED 875). 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. 306's AED 230,000 is at the top 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 3rd floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 692 sqft | AED 850KAED 850,000 · May 2017May 2017 | 75,000 /yr | |
| 302 | 1-bed | 787 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | 60,000 /yr | |
| 303 | 1-bed | 815 sqft | AED 1.28MAED 1,275,000 · Aug 2025August 2025 | 70,000 /yr | |
| 304 | 2-bed | 1,226 sqft | AED 1MAED 1,000,000 · Aug 2021August 2021 | 132,000 /yr | |
| 305 | 2-bed | 1,314 sqft | AED 1.12MAED 1,120,000 · Jan 2018January 2018 | 115,000 /yr | |
| 307 | 1-bed | 869 sqft | AED 1.25MAED 1,250,000 · Dec 2013December 2013 | 83,000 /yr | |
| 308 | 1-bed | 789 sqft | AED 950KAED 950,000 · Dec 2015December 2015 | 72,000 /yr | |
| 309 | 1-bed | 352 sqft | AED 350KAED 350,000 · Nov 2021November 2021 | 80,000 /yr |
306, Time Place Tower in numbers
- Sold once: by Abraj Constructions on 18 June 2013 for AED 1,375,864, or AED 707 per sqft.
- Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 130,000 in 2020 and recovered to AED 230,000 by June 2024.
- At AED 230,000 a year the gross yield on the 2013 price is 16.7%, before a service charge of about AED 44,700 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 10 June 2024.
Questions about 306, Time Place Tower
What did unit 306 last sell for?
AED 1,375,864 on 18 June 2013, sold by the developer: AED 707 per sqft for 1,944 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 230,000 a year on the contract signed on 10 June 2024. The previous contract, from June 2024, was AED 230,000; the unit has been rented since February 2014.
How big is unit 306?
1,944 sqft (180.6 sqm): a three-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.
What is unit 306 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 306, Time Place Tower
Starts from the last sale price (AED 1.38M, 18 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,864
- Deposit, UAE resident (20%)
- AED 275,173
- Deposit, non-resident (40%)
- AED 550,346
- Monthly over 25 years at 3.7%
- AED 5,629
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →