3005, Time Place Tower
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, Time Place Tower
What is 3005 worth today?
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Source: Dubai Land Department. Updated 8 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,259 sqft
- Floor
- 30th of 34
- Parking
- 83(B02)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 29,000 /yr
- Last sold
- AED 1.45M · March 2023
- Building
- Time Place Tower
About 3005, Time Place Tower
3005 is a two-bedroom apartment of 1,259 sqft on the 30th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 8 March 2023 for AED 1,450,000, or AED 1,151 per sqft, 7% above the AED 1,080 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 25 January 2023, is AED 88,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 29,000 a year.
Sales and rents for 3005 over time
3005 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Time Place Tower, and where 3005 sits
All 68 2-beds →3005 last sold in March 2023 at AED 1,151 per sqft, 7% above what two-beds in Time Place Tower were fetching at the time (AED 1,080). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 3005's AED 88,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 |
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 30th floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1-bed | 692 sqft | AED 622KAED 622,440 · Aug 2011August 2011 | 75,075 /yr | |
| 3002 | 1-bed | 850 sqft | AED 893KAED 892,500 · Feb 2010February 2010 | 80,000 /yr | |
| 3003 | 1-bed | 815 sqft | AED 790KAED 790,000 · Apr 2021April 2021 | 80,000 /yr | |
| 3004 | 2-bed | 1,161 sqft | AED 1.24MAED 1,241,842 · Dec 2024December 2024 | ||
| 3006 | 3-bed | 1,891 sqft | AED 2.05MAED 2,050,000 · Oct 2012October 2012 | ||
| 3007 | 1-bed | 878 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 82,000 /yr | |
| 3008 | 1-bed | 880 sqft | AED 772KAED 772,422 · Feb 2010February 2010 | ||
| 3009 | 1-bed | 704 sqft | AED 1.05MAED 1,050,000 · May 2017May 2017 | 75,000 /yr |
3005, Time Place Tower in numbers
- Sold twice: first on 10 November 2010 for AED 591,138, last on 8 March 2023 for AED 1,450,000 (AED 1,151 per sqft).
- Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 88,000 by January 2023.
- At AED 88,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 29,000 a year (AED 23.00 per sqft).
- Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 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 8 March 2023.
Questions about 3005, Time Place Tower
What did unit 3005 last sell for?
AED 1,450,000 on 8 March 2023: AED 1,151 per sqft for 1,259 sqft. The unit has 2 registered sales; the first was AED 591,138 in November 2010.
What is the rent for unit 3005?
AED 88,000 a year on the contract signed on 25 January 2023. The previous contract, from January 2022, was AED 80,000; the unit has been rented since September 2012.
How big is unit 3005?
1,259 sqft (117.0 sqm): a two-bedroom apartment on the 30th floor of a 34-storey tower completed in 2009.
What is unit 3005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.
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Mortgage on 3005, Time Place Tower
Starts from the last sale price (AED 1.45M, 8 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →