3-bed · 1,918 sqftTime Place Tower, Dubai Marina · 31st floor · completed 2009

3105, Time Place Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3105 · DLD and Ejari recordsUpdated 19 August 2021
Last soldAED 2.13M3 October 2013
Current rentAED 160K /yr19 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3105, Time Place Tower

What is 3105 worth today?

Last sold for AED 2,128,980 in 2013

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19 Aug 2021RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft
19 Aug 2021RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft
19 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
5 Aug 2019RentedRenewal
AED 130,104/yr12 months · AED 68 per sqft
5 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 81 per sqft
5 Aug 2017RentedRenewal
AED 166,750/yr12 months · AED 87 per sqft
5 Aug 2016RentedRenewal
AED 166,750/yr12 months · AED 87 per sqft
5 Aug 2015RentedRenewal
AED 166,750/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 19 August 2021.

Key facts

Type
3-bed apartment
Size
1,918 sqft
Floor
31st of 34
Parking
87 & 92(B03)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,100 /yr
Last sold
AED 2.13M · October 2013

About 3105, Time Place Tower

3105 is a three-bedroom apartment of 1,918 sqft on the 31st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. The developer sold it on 3 October 2013 for AED 2,128,980, or AED 1,109 per sqft, 25% above the AED 888 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 19 August 2021, is AED 160,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 44,100 a year.

Sales and rents for 3105 over time

Sales
Unit 3105, each saleTypical three-bed in Time Place Tower
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,706,768; 2011 AED 1,471,652; 2012 AED 1,800,000; 2013 AED 1,637,104; 2015 AED 1,610,980; 2021 AED 1,635,000; 2023 AED 2,230,000; 2025 AED 3,200,000Sold by developer, October 2013: AED 2,128,980 (AED 1,109 per sqft)

3105 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3105, each contractTypical three-bed in Time Place Tower
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 147,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 168,677; 2017 AED 166,750; 2018 AED 150,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 182,500; 2025 AED 179,500; 2026 AED 160,000New contract, August 2013: AED 145,000 a yearNew contract, August 2014: AED 166,750 a yearRenewal, August 2015: AED 166,750 a yearRenewal, August 2016: AED 166,750 a yearRenewal, August 2017: AED 166,750 a yearRenewal, August 2018: AED 155,000 a yearRenewal, August 2019: AED 130,104 a yearRenewal, August 2020: AED 110,000 a yearRenewal, August 2021: AED 160,000 a yearRenewal, August 2021: AED 160,000 a year

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

3-beds in Time Place Tower, and where 3105 sits

All 33 3-beds →

3105 last sold in October 2013 at AED 1,109 per sqft, 25% above what three-beds in Time Place Tower were fetching at the time (AED 888). Over the last 12 months three-beds sold for AED 2,800,000 to 3,200,000, around AED 1,543 per sqft, and rent for AED 140,000 to 195,000 a year. 3105's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20262,800,000
24 Nov 20253,200,000
23 May 20253,675,000
11 Mar 20251,500,000
2 3-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
31021-bedAED 850K · Jun 2022
31031-bedAED 650K · Jan 2014
31042-bedAED 1.44M · Apr 2022
3106PenthouseAED 2.2M · Oct 2022
31071-bedAED 1.1M · Sep 2024

3105, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 3 October 2013 for AED 2,128,980, or AED 1,109 per sqft.
  • Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2020 and recovered to AED 160,000 by August 2021.
  • At AED 160,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 44,100 a year (AED 23.00 per sqft).
  • Three-beds in Time Place Tower sold for AED 2,800,000–3,200,000 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 19 August 2021.

Questions about 3105, Time Place Tower

What did unit 3105 last sell for?

AED 2,128,980 on 3 October 2013, sold by the developer: AED 1,109 per sqft for 1,918 sqft. It is the only registered sale of the unit.

What is the rent for unit 3105?

AED 160,000 a year on the contract renewed on 19 August 2021. The previous contract, from August 2021, was AED 160,000; the unit has been rented since August 2013.

How big is unit 3105?

1,918 sqft (178.2 sqm): a three-bedroom apartment on the 31st floor of a 34-storey tower completed in 2009.

What is unit 3105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Time Place Tower sold for AED 2,800,000 to 3,200,000 in the last 12 months, around AED 1,543 per sqft.

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Mortgage on 3105, Time Place Tower

Starts from the last sale price (AED 2.13M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,128,980
Deposit, UAE resident (20%)
AED 425,796
Deposit, non-resident (40%)
AED 851,592
Monthly over 25 years at 3.7%
AED 8,710

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