2-bed · 1,327 sqftTime Place Tower, Dubai Marina · 32nd floor · completed 2009

3204, Time Place Tower

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 1.6M5 December 2016
Current rentAED 66K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Time Place Tower

What is 3204 worth today?

Last sold for AED 1,600,000 in 2016

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1 Nov 2021RentedNew contract
AED 66,000/yr12 months · AED 50 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
20 Sep 2019RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
25 Sep 2018RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
25 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
1 Feb 2017RentedNew contract
AED 129,999/yr7 months · AED 98 per sqft
5 Dec 2016SoldReady
AED 1,600,000AED 1,205 per sqft
1 Feb 2016RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
32nd of 34
Parking
53(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 30,500 /yr
Last sold
AED 1.6M · December 2016

About 3204, Time Place Tower

3204 is a two-bedroom apartment of 1,327 sqft on the 32nd floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 5 December 2016 for AED 1,600,000, or AED 1,205 per sqft, in line with the AED 1,217 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 November 2021, is AED 66,000 a year: a gross yield of 4.1% on the 2016 price, before the service charge of about AED 30,500 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, each saleTypical two-bed in Time Place Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 970,091; 2010 AED 1,008,027; 2011 AED 809,470; 2012 AED 950,000; 2013 AED 1,100,000; 2014 AED 2,000,000; 2015 AED 1,066,667; 2016 AED 1,600,000; 2017 AED 788,938; 2018 AED 1,275,000; 2019 AED 1,265,118; 2020 AED 1,075,000; 2021 AED 1,030,000; 2022 AED 1,420,000; 2023 AED 1,450,000; 2024 AED 1,745,632; 2025 AED 2,020,000Sold by developer, July 2011: AED 809,470 (AED 610 per sqft)Sold, December 2016: AED 1,600,000 (AED 1,205 per sqft)

3204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, each contractTypical two-bed in Time Place Tower
50K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 124,000; 2016 AED 127,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 85,500; 2020 AED 73,846; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 121,689New contract, February 2015: AED 130,000 a yearNew contract, February 2016: AED 130,000 a yearNew contract, February 2017: AED 129,999 a yearNew contract, September 2017: AED 110,000 a yearRenewal, September 2018: AED 110,000 a yearNew contract, September 2019: AED 78,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, November 2021: AED 66,000 a year

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

2-beds in Time Place Tower, and where 3204 sits

All 68 2-beds →

3204 last sold in December 2016 at AED 1,205 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 1,217). Over the last 12 months two-beds sold for AED 1,825,000, around AED 1,388 per sqft, and rent for AED 99,000 to 252,000 a year. 3204's AED 66,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Oct 20261,825,000
17 Apr 20252,200,000
11 Apr 20251,690,000
5 Feb 20251,940,000
1 2-bed sale 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 32nd floor

All 300 units in Time Place Tower
Value
3200StudioAED 1.02M · Feb 2026
32011-bedAED 720K · Feb 2010
32021-bedAED 918K · Apr 2010
32031-bedAED 1.2M · May 2015
32053-bedAED 2.15M · Oct 2013
3206PenthouseAED 1.75M · Sep 2012
32071-bedAED 1.21M · Mar 2025

3204, Time Place Tower in numbers

  • Sold twice: first on 18 July 2011 for AED 809,470, last on 5 December 2016 for AED 1,600,000 (AED 1,205 per sqft).
  • Rented since February 2015 on 8 Ejari contracts, from AED 130,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2016 price is 4.1%, before a service charge of about AED 30,500 a year (AED 23.00 per sqft).
  • Two-beds in Time Place Tower sold for AED 1,825,000–1,825,000 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 1 November 2021.

Questions about 3204, Time Place Tower

What did unit 3204 last sell for?

AED 1,600,000 on 5 December 2016: AED 1,205 per sqft for 1,327 sqft. The unit has 2 registered sales; the first was AED 809,470 in July 2011.

What is the rent for unit 3204?

AED 66,000 a year on the contract signed on 1 November 2021. The previous contract, from November 2020, was AED 60,000; the unit has been rented since February 2015.

How big is unit 3204?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 32nd floor of a 34-storey tower completed in 2009.

What is unit 3204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Time Place Tower sold for AED 1,825,000 to 1,825,000 in the last 12 months, around AED 1,388 per sqft.

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Mortgage on 3204, Time Place Tower

Starts from the last sale price (AED 1.6M, 5 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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