3106, Time Place Tower
Sold prices and rental history: sold twice, last in October 2022, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3106, Time Place Tower
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Source: Dubai Land Department. Updated 31 October 2022.
Key facts
- Type
- Penthouse apartment
- Size
- 2,940 sqft
- Floor
- 31st of 34
- Parking
- 50,51& 56(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 2.2M · October 2022
- Building
- Time Place Tower
About 3106, Time Place Tower
3106 is a penthouse of 2,940 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 October 2022 for AED 2,200,000, or AED 748 per sqft.
One Ejari contract is registered, from 1 September 2018. The current contract, signed on 1 September 2018, is AED 130,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 67,600 a year.
Penthouses in Time Place Tower, and where 3106 sits
All 4 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Apr 202424 April 2024 | 4,110 sqft | 5,600,000 | 1,362 | ||
| 28 Jun 202228 June 2022 | 4,110 sqft | 5,600,000 | 1,362 | ||
| 20 Jan 201920 January 2019 | 4,110 sqft | 2,800,000 | 681 | ||
| 25 Oct 201525 October 2015 | 4,110 sqft | 4,731,090 | 1,151 |
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 | |||||
|---|---|---|---|---|---|
| 3101 | 1-bed | 667 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 70,000 /yr | |
| 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 | |
| 3107 | 1-bed | 683 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 48,000 /yr |
3106, Time Place Tower in numbers
- Sold twice: first on 25 October 2015 for AED 3,717,469, last on 31 October 2022 for AED 2,200,000 (AED 748 per sqft).
- Rented since September 2018 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 67,600 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 31 October 2022.
Questions about 3106, Time Place Tower
What did unit 3106 last sell for?
AED 2,200,000 on 31 October 2022: AED 748 per sqft for 2,940 sqft. The unit has 2 registered sales; the first was AED 3,717,469 in October 2015.
What is the rent for unit 3106?
AED 130,000 a year on the contract signed on 1 September 2018.
How big is unit 3106?
2,940 sqft (273.1 sqm): a penthouse on the 31st floor of a 34-storey tower completed in 2009.
What is unit 3106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3106, Time Place Tower
Starts from the last sale price (AED 2.2M, 31 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →