1-bed · 880 sqftTime Place Tower, Dubai Marina · 30th floor · completed 2009

3008, Time Place Tower

Sold prices and rental history: sold once, by the developer in February 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3008 · DLD and Ejari recordsUpdated 1 February 2010
Last soldAED 772K1 February 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3008, Time Place Tower

What is 3008 worth today?

Last sold for AED 772,422 in 2010

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1 Feb 2010Sold by developerReady
AED 772,422AED 877 per sqft

Source: Dubai Land Department. Updated 1 February 2010.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
30th of 34
Parking
26(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 772K · February 2010

About 3008, Time Place Tower

3008 is a one-bedroom apartment of 880 sqft on the 30th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 1 February 2010 for AED 772,422, or AED 877 per sqft, 9% above the AED 801 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3008 over time

Sales
Unit 3008, each saleTypical one-bed in Time Place Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 638,124; 2010 AED 599,214; 2011 AED 493,178; 2012 AED 630,000; 2013 AED 613,113; 2014 AED 1,050,000; 2015 AED 715,470; 2016 AED 975,000; 2017 AED 915,000; 2018 AED 965,000; 2019 AED 750,000; 2020 AED 670,000; 2021 AED 722,500; 2022 AED 790,000; 2023 AED 950,000; 2024 AED 1,100,000; 2025 AED 1,235,000; 2026 AED 1,275,000Sold by developer, February 2010: AED 772,422 (AED 877 per sqft)

3008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3008, each contractTypical one-bed in Time Place Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 84,000; 2015 AED 87,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 71,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 80,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Time Place Tower, and where 3008 sits

All 190 1-beds →

3008 last sold in February 2010 at AED 877 per sqft, 9% above what one-beds in Time Place Tower were fetching at the time (AED 801). Over the last 12 months one-beds sold for AED 800,000 to 1,520,000, around AED 1,610 per sqft, and rent for AED 40,000 to 163,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,000,000
22 Oct 20261,250,000
10 Sep 20261,520,000
25 Aug 20261,470,000
13 1-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 30th floor

All 300 units in Time Place Tower
Value
30011-bedAED 622K · Aug 2011
30021-bedAED 893K · Feb 2010
30031-bedAED 790K · Apr 2021
30042-bedAED 1.24M · Dec 2024
30052-bedAED 1.45M · Mar 2023
30063-bedAED 2.05M · Oct 2012
30071-bedAED 1.05M · Jan 2024
1–7 of 8

3008, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 1 February 2010 for AED 772,422, or AED 877 per sqft.
  • One-beds in Time Place Tower sold for AED 800,000–1,520,000 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 1 February 2010.

Questions about 3008, Time Place Tower

What did unit 3008 last sell for?

AED 772,422 on 1 February 2010, sold by the developer: AED 877 per sqft for 880 sqft. It is the only registered sale of the unit.

How big is unit 3008?

880 sqft (81.8 sqm): a one-bedroom apartment on the 30th floor of a 34-storey tower completed in 2009.

What is unit 3008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Time Place Tower sold for AED 800,000 to 1,520,000 in the last 12 months, around AED 1,610 per sqft.

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Mortgage on 3008, Time Place Tower

Starts from the last sale price (AED 772K, 1 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 772,422
Deposit, UAE resident (20%)
AED 154,484
Deposit, non-resident (40%)
AED 308,969
Monthly over 25 years at 3.7%
AED 3,160

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