Penthouse · 2,462 sqftTime Place Tower, Dubai Marina · 32nd floor · completed 2009

3206, Time Place Tower

Sold prices and rental history: sold 3 times, last in September 2012, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 9 November 2013
Last soldAED 1.75M3 September 2012
Current rentAED 175K /yr9 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3206, Time Place Tower

What is 3206 worth today?

Last sold for AED 1,750,000 in 2012

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9 Nov 2013RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft
3 Sep 2012SoldReady
AED 1,750,000AED 710 per sqft
17 Oct 2010SoldReady
AED 2,200,000AED 893 per sqft
14 Oct 2010Sold by developerReady
AED 3,205,000AED 1,301 per sqft

Source: Dubai Land Department. Updated 9 November 2013.

Key facts

Type
Penthouse apartment
Size
2,462 sqft
Floor
32nd of 34
Parking
34 & 35(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 56,600 /yr
Last sold
AED 1.75M · September 2012

About 3206, Time Place Tower

3206 is a penthouse of 2,462 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 3 September 2012 for AED 1,750,000, or AED 710 per sqft.

One Ejari contract is registered, from 9 November 2013. The current contract, signed on 9 November 2013, is AED 175,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 56,600 a year.

Penthouses in Time Place Tower, and where 3206 sits

All 4 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
24 Apr 20245,600,000
31 Oct 20222,200,000
28 Jun 20225,600,000
20 Jan 20192,800,000
0 penthouse 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
32053-bedAED 2.15M · Oct 2013
32071-bedAED 1.21M · Mar 2025

3206, Time Place Tower in numbers

  • Sold 3 times: first on 14 October 2010 for AED 3,205,000, last on 3 September 2012 for AED 1,750,000 (AED 710 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 56,600 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 9 November 2013.

Questions about 3206, Time Place Tower

What did unit 3206 last sell for?

AED 1,750,000 on 3 September 2012: AED 710 per sqft for 2,462 sqft. The unit has 3 registered sales; the first was AED 3,205,000 in October 2010.

What is the rent for unit 3206?

AED 175,000 a year on the contract signed on 9 November 2013.

How big is unit 3206?

2,462 sqft (228.7 sqm): a penthouse on the 32nd floor of a 34-storey tower completed in 2009.

What is unit 3206 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 3206, Time Place Tower

Starts from the last sale price (AED 1.75M, 3 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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