1-bed · 827 sqftTime Place Tower, Dubai Marina · 31st floor · completed 2009

3102, Time Place Tower

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 850K8 June 2022
Current rentAED 93K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, Time Place Tower

What is 3102 worth today?

Last sold for AED 850,000 in 2022

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18 Oct 2024RentedNew contract
AED 93,000/yr12 months · AED 112 per sqft
8 Jun 2022SoldReady
AED 850,000AED 1,027 per sqft
8 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft
28 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
5 Apr 2017RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
1 Mar 2015RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
18 Jul 2011Sold by developerReady
AED 450,824AED 544 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
31st of 34
Parking
59(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 19,000 /yr
Last sold
AED 850K · June 2022

About 3102, Time Place Tower

3102 is a one-bedroom apartment of 827 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 8 June 2022 for AED 850,000, or AED 1,027 per sqft, in line with the AED 1,006 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 18 October 2024, is AED 93,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 19,000 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, 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, July 2011: AED 450,824 (AED 544 per sqft)Sold, June 2022: AED 850,000 (AED 1,027 per sqft)

3102 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3102, each contractTypical one-bed in Time Place Tower
50K75K100K2012201620202024Typical 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, March 2015: AED 90,000 a yearNew contract, April 2017: AED 85,000 a yearNew contract, January 2020: AED 60,000 a yearNew contract, August 2020: AED 47,000 a yearNew contract, October 2024: AED 93,000 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 3102 sits

All 190 1-beds →

3102 last sold in June 2022 at AED 1,027 per sqft, in line with what one-beds in Time Place Tower were fetching at the time (AED 1,006). 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. 3102's AED 93,000 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 31st floor

All 300 units in Time Place Tower
Value
31011-bedAED 1M · Jul 2024
31031-bedAED 650K · Jan 2014
31042-bedAED 1.44M · Apr 2022
31053-bedAED 2.13M · Oct 2013
3106PenthouseAED 2.2M · Oct 2022
31071-bedAED 1.1M · Sep 2024

3102, Time Place Tower in numbers

  • Sold twice: first on 18 July 2011 for AED 450,824, last on 8 June 2022 for AED 850,000 (AED 1,027 per sqft).
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 47,000 in 2020 and recovered to AED 93,000 by October 2024.
  • At AED 93,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 19,000 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 18 October 2024.

Questions about 3102, Time Place Tower

What did unit 3102 last sell for?

AED 850,000 on 8 June 2022: AED 1,027 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 450,824 in July 2011.

What is the rent for unit 3102?

AED 93,000 a year on the contract signed on 18 October 2024. The previous contract, from August 2020, was AED 47,000; the unit has been rented since March 2015.

How big is unit 3102?

827 sqft (76.8 sqm): a one-bedroom apartment on the 31st floor of a 34-storey tower completed in 2009.

What is unit 3102 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 3102, Time Place Tower

Starts from the last sale price (AED 850K, 8 June 2022). 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 →