3-bed · 1,944 sqftTime Place Tower, Dubai Marina · 2nd floor · completed 2009

206, Time Place Tower

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 13 March 2025
Last soldAED 1.36M26 April 2015
Current rentAED 179K /yr13 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Time Place Tower

What is 206 worth today?

Last sold for AED 1,358,448 in 2015

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13 Mar 2025RentedRenewal
AED 179,000/yr12 months · AED 92 per sqft
13 Mar 2024RentedNew contract
AED 179,000/yr12 months · AED 92 per sqft
1 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
1 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 39 per sqft
1 Feb 2019RentedRenewal
AED 136,800/yr12 months · AED 70 per sqft
1 Feb 2018RentedNew contract
AED 152,000/yr12 months · AED 78 per sqft
1 Feb 2017RentedNew contract
AED 156,000/yr12 months · AED 80 per sqft
26 Apr 2015Sold by developerReady
AED 1,358,448AED 698 per sqft

Source: Dubai Land Department. Updated 13 March 2025.

Key facts

Type
3-bed apartment
Size
1,944 sqft
Floor
2nd of 34
Parking
9 &10 (B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,700 /yr
Last sold
AED 1.36M · April 2015

About 206, Time Place Tower

206 is a three-bedroom apartment of 1,944 sqft on the 2nd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 26 April 2015 for AED 1,358,448, or AED 698 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 13 March 2025, is AED 179,000 a year: a gross yield of 13.2% on the 2015 price, before the service charge of about AED 44,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical three-bed in Time Place Tower
2M3M2010201420182022Typical sale price by year: 2010 AED 1,799,350; 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; 2024 AED 2,800,000Sold by developer, April 2015: AED 1,358,448 (AED 698 per sqft)

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

Rents
Unit 206, each contractTypical three-bed in Time Place Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 147,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 165,302; 2017 AED 166,750; 2018 AED 150,000; 2019 AED 122,500; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 157,500; 2024 AED 182,500; 2025 AED 179,500New contract, February 2012: AED 110,000 a yearNew contract, February 2017: AED 156,000 a yearNew contract, February 2018: AED 152,000 a yearRenewal, February 2019: AED 136,800 a yearNew contract, November 2020: AED 75,000 a yearNew contract, November 2022: AED 90,000 a yearNew contract, March 2024: AED 179,000 a yearRenewal, March 2025: AED 179,000 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 206 sits

All 33 3-beds →

Over the last 12 months three-beds sold for AED 3,200,000 to 6,700,000, around AED 1,582 per sqft, and rent for AED 166,000 to 195,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jan 20266,700,000
23 May 20253,675,000
11 Mar 20251,500,000
21 Oct 20242,800,000
2 3-bed sales in the last 12 months

Time Place Tower

Building

300 apartments, studios to 3-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 7 sold in the last 12 months.

Typical price per sqft
AED 1,610
Typical sale
AED 1.15M
Typical rent
AED 100K /yr
Typical yield
6.8%
Time Place Tower, Dubai Marina: prices, sales and rents →

Other units on the 2nd floor

All 300 units in Time Place Tower
Value
2011-bedAED 790K · Aug 2022
2021-bedAED 1.1M · Dec 2024
2031-bedAED 497K · Feb 2010
204AED 1.36M · Oct 2023
2052-bedAED 1.5M · Sep 2024
2071-bedAED 1.23M · Mar 2025
2081-bedAED 1M · Feb 2023
1–7 of 8

206, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 26 April 2015 for AED 1,358,448, or AED 698 per sqft.
  • Rented since February 2012 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 179,000 by March 2025.
  • At AED 179,000 a year the gross yield on the 2015 price is 13.2%, 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 3,200,000–6,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,610 per sqft.

Source: Dubai Land Department. Updated 13 March 2025.

Questions about 206, Time Place Tower

What did unit 206 last sell for?

AED 1,358,448 on 26 April 2015, sold by the developer: AED 698 per sqft for 1,944 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 179,000 a year on the contract renewed on 13 March 2025. The previous contract, from March 2024, was AED 179,000; the unit has been rented since February 2012.

How big is unit 206?

1,944 sqft (180.6 sqm): a three-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2009.

What is unit 206 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 3,200,000 to 6,700,000 in the last 12 months, around AED 1,582 per sqft.

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Mortgage on 206, Time Place Tower

Starts from the last sale price (AED 1.36M, 26 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,358,448
Deposit, UAE resident (20%)
AED 271,690
Deposit, non-resident (40%)
AED 543,379
Monthly over 25 years at 3.7%
AED 5,558

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