706, Time Place Tower
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Time Place Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 28 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,944 sqft
- Floor
- 7th of 34
- Parking
- 61 & 62(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 44,700 /yr
- Last sold
- AED 1.8M · September 2012
- Building
- Time Place Tower
About 706, Time Place Tower
706 is a three-bedroom apartment of 1,944 sqft on the 7th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 25 September 2012 for AED 1,800,000, or AED 925 per sqft, 7% above the AED 868 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 28 February 2023, is AED 155,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 44,700 a year.
Sales and rents for 706 over time
706 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 706 sits
All 33 3-beds →706 last sold in September 2012 at AED 925 per sqft, 7% above what three-beds in Time Place Tower were fetching at the time (AED 868). 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. 706's AED 155,000 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 7th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 692 sqft | AED 770KAED 770,000 · Jun 2018June 2018 | 78,000 /yr | |
| 702 | 1-bed | 787 sqft | AED 1.26MAED 1,260,000 · Jan 2015January 2015 | 45,000 /yr | |
| 703 | 1-bed | 815 sqft | AED 950KAED 950,000 · Feb 2022February 2022 | 105,000 /yr | |
| 704 | 2-bed | 1,226 sqft | AED 1.6MAED 1,600,000 · May 2019May 2019 | 120,000 /yr | |
| 705 | 2-bed | 1,314 sqft | AED 916KAED 916,353 · Jan 2010January 2010 | 144,000 /yr | |
| 707 | 1-bed | 869 sqft | AED 970KAED 970,000 · Jun 2016June 2016 | 84,000 /yr | |
| 708 | 1-bed | 789 sqft | AED 1.15MAED 1,150,000 · Jun 2023June 2023 | 80,000 /yr | |
| 709 | 1-bed | 704 sqft | AED 357KAED 356,811 · Aug 2016August 2016 | 80,000 /yr |
706, Time Place Tower in numbers
- Sold twice: first on 3 May 2011 for AED 1,445,528, last on 25 September 2012 for AED 1,800,000 (AED 925 per sqft).
- Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2020 and recovered to AED 155,000 by February 2023.
- At AED 155,000 a year the gross yield on the 2012 price is 8.6%, 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 28 February 2023.
Questions about 706, Time Place Tower
What did unit 706 last sell for?
AED 1,800,000 on 25 September 2012: AED 925 per sqft for 1,944 sqft. The unit has 2 registered sales; the first was AED 1,445,528 in May 2011.
What is the rent for unit 706?
AED 155,000 a year on the contract signed on 28 February 2023. The previous contract, from February 2022, was AED 140,000; the unit has been rented since November 2018.
How big is unit 706?
1,944 sqft (180.6 sqm): a three-bedroom apartment on the 7th floor of a 34-storey tower completed in 2009.
What is unit 706 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 706, Time Place Tower
Starts from the last sale price (AED 1.8M, 25 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →