1-bed · 692 sqftTime Place Tower, Dubai Marina · 3rd floor · completed 2009

301, Time Place Tower

Sold prices and rental history: sold twice, last in May 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 11 May 2017
Last soldAED 850K11 May 2017
Current rentAED 75K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Time Place Tower

What is 301 worth today?

Last sold for AED 850,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 May 2017SoldReady
AED 850,000AED 1,228 per sqft
1 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
11 May 2014RentedNew contract
AED 63,000/yr12 months · AED 91 per sqft
11 May 2013RentedNew contract
AED 63,000/yr12 months · AED 91 per sqft
28 Dec 2011Sold by developerReady
AED 440,847AED 637 per sqft

Source: Dubai Land Department. Updated 11 May 2017.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
3rd of 34
Parking
96(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 850K · May 2017

About 301, Time Place Tower

301 is a one-bedroom apartment of 692 sqft on the 3rd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 11 May 2017 for AED 850,000, or AED 1,228 per sqft, in line with the AED 1,195 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2016, is AED 75,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, December 2011: AED 440,847 (AED 637 per sqft)Sold, May 2017: AED 850,000 (AED 1,228 per sqft)

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

Rents
Unit 301, 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 80,000New contract, May 2013: AED 63,000 a yearNew contract, May 2014: AED 63,000 a yearNew contract, August 2016: AED 75,000 a year

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 301 sits

All 190 1-beds →

301 last sold in May 2017 at AED 1,228 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,195). 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. 301's AED 75,000 is in the lower half of that range.

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 3rd floor

All 300 units in Time Place Tower
Value
3021-bedAED 1.15M · Dec 2025
3031-bedAED 1.28M · Aug 2025
3042-bedAED 1M · Aug 2021
3052-bedAED 1.12M · Jan 2018
3063-bedAED 1.38M · Jun 2013
3071-bedAED 1.25M · Dec 2013
3081-bedAED 950K · Dec 2015
1–7 of 8

301, Time Place Tower in numbers

  • Sold twice: first on 28 December 2011 for AED 440,847, last on 11 May 2017 for AED 850,000 (AED 1,228 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 63,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 15,900 a year (AED 23.00 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 11 May 2017.

Questions about 301, Time Place Tower

What did unit 301 last sell for?

AED 850,000 on 11 May 2017: AED 1,228 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 440,847 in December 2011.

What is the rent for unit 301?

AED 75,000 a year on the contract signed on 1 August 2016. The previous contract, from May 2014, was AED 63,000; the unit has been rented since May 2013.

How big is unit 301?

692 sqft (64.3 sqm): a one-bedroom apartment on the 3rd floor of a 34-storey tower completed in 2009.

What is unit 301 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.

Selling 301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 301, Time Place Tower

Starts from the last sale price (AED 850K, 11 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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