3101, Time Place Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3101, Time Place Tower
What is 3101 worth today?
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Source: Dubai Land Department. Updated 31 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 31st of 34
- Parking
- 75(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1M · July 2024
- Building
- Time Place Tower
About 3101, Time Place Tower
3101 is a one-bedroom apartment of 667 sqft on the 31st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 31 July 2024 for AED 1,000,000, or AED 1,498 per sqft, 10% above the AED 1,367 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 15,300 a year.
Sales and rents for 3101 over time
3101 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 3101 sits
All 190 1-beds →3101 last sold in July 2024 at AED 1,498 per sqft, 10% above what one-beds in Time Place Tower were fetching at the time (AED 1,367). 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. 3101's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 692 sqft | 1,000,000 | 1,445 | ||
| 22 Oct 202622 October 2026 | 878 sqft | 1,250,000 | 1,423 | ||
| 10 Sep 202610 September 2026 | 873 sqft | 1,520,000 | 1,741 | ||
| 25 Aug 202625 August 2026 | 815 sqft | 1,470,000 | 1,802 |
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 31st floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3102 | 1-bed | 827 sqft | AED 850KAED 850,000 · Jun 2022June 2022 | 93,000 /yr | |
| 3103 | 1-bed | 897 sqft | AED 650KAED 650,000 · Jan 2014January 2014 | 80,000 /yr | |
| 3104 | 2-bed | 1,327 sqft | AED 1.44MAED 1,440,000 · Apr 2022April 2022 | 130,000 /yr | |
| 3105 | 3-bed | 1,918 sqft | AED 2.13MAED 2,128,980 · Oct 2013October 2013 | 160,000 /yr | |
| 3106 | Penthouse | 2,940 sqft | AED 2.2MAED 2,200,000 · Oct 2022October 2022 | 130,000 /yr | |
| 3107 | 1-bed | 683 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 48,000 /yr |
3101, Time Place Tower in numbers
- Sold 3 times: first on 18 July 2011 for AED 357,033, last on 31 July 2024 for AED 1,000,000 (AED 1,498 per sqft).
- Rented since November 2020 on 3 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 15,300 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 31 July 2024.
Questions about 3101, Time Place Tower
What did unit 3101 last sell for?
AED 1,000,000 on 31 July 2024: AED 1,498 per sqft for 667 sqft. The unit has 3 registered sales; the first was AED 357,033 in July 2011.
What is the rent for unit 3101?
AED 70,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 70,000; the unit has been rented since November 2020.
How big is unit 3101?
667 sqft (62.0 sqm): a one-bedroom apartment on the 31st floor of a 34-storey tower completed in 2009.
What is unit 3101 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 3101, Time Place Tower
Starts from the last sale price (AED 1M, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →