3-bed · 1,918 sqftTime Place Tower, Dubai Marina · 32nd floor · completed 2009

3205, Time Place Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3205 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.15M3 October 2013
Current rentAED 175K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3205, Time Place Tower

What is 3205 worth today?

Last sold for AED 2,148,160 in 2013

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1 Mar 2024RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
1 Mar 2024RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft
13 Nov 2022RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
3 Oct 2013Sold by developerReady
AED 2,148,160AED 1,119 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
1,918 sqft
Floor
32nd of 34
Parking
19&20(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 44,100 /yr
Last sold
AED 2.15M · October 2013

About 3205, Time Place Tower

3205 is a three-bedroom apartment of 1,918 sqft on the 32nd 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 2,148,160, or AED 1,119 per sqft, 26% above the AED 888 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 March 2024, is AED 175,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 44,100 a year.

Sales and rents for 3205 over time

Sales
Unit 3205, 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 2,148,160 (AED 1,119 per sqft)

3205 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3205, each contractTypical three-bed in Time Place Tower
150K2012201620202024Typical 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, November 2022: AED 150,000 a yearNew contract, March 2024: AED 175,000 a yearNew contract, March 2024: AED 175,000 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 3205 sits

All 33 3-beds →

3205 last sold in October 2013 at AED 1,119 per sqft, 26% 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. 3205's AED 175,000 is in the upper 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 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
32042-bedAED 1.6M · Dec 2016
3206PenthouseAED 1.75M · Sep 2012
32071-bedAED 1.21M · Mar 2025

3205, Time Place Tower in numbers

  • Sold once: by Abraj Constructions on 3 October 2013 for AED 2,148,160, or AED 1,119 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 150,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 8.2%, 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 1 March 2024.

Questions about 3205, Time Place Tower

What did unit 3205 last sell for?

AED 2,148,160 on 3 October 2013, sold by the developer: AED 1,119 per sqft for 1,918 sqft. It is the only registered sale of the unit.

What is the rent for unit 3205?

AED 175,000 a year on the contract signed on 1 March 2024. The previous contract, from March 2024, was AED 175,000; the unit has been rented since November 2022.

How big is unit 3205?

1,918 sqft (178.2 sqm): a three-bedroom apartment on the 32nd floor of a 34-storey tower completed in 2009.

What is unit 3205 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 3205, Time Place Tower

Starts from the last sale price (AED 2.15M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,148,160
Deposit, UAE resident (20%)
AED 429,632
Deposit, non-resident (40%)
AED 859,264
Monthly over 25 years at 3.7%
AED 8,789

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