2-bed · 1,552 sqftTime Place Tower, Dubai Marina · 34th floor · completed 2009

3401, Time Place Tower

Sold prices and rental history: sold twice, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 23 May 2013
Last soldAED 1.6M23 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Time Place Tower

What is 3401 worth today?

Last sold for AED 1,600,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 May 2013SoldReady
AED 1,600,000AED 1,030 per sqft
2 Feb 2010Sold by developerReady
AED 1,707,200AED 1,099 per sqft

Source: Dubai Land Department. Updated 23 May 2013.

Key facts

Type
2-bed apartment
Size
1,552 sqft
Floor
34th of 34
Parking
96(B02)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 1.6M · May 2013

About 3401, Time Place Tower

3401 is a two-bedroom apartment of 1,552 sqft on the 34th floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 23 May 2013 for AED 1,600,000, or AED 1,030 per sqft, 24% above the AED 834 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, February 2010: AED 1,707,200 (AED 1,099 per sqft)Sold, May 2013: AED 1,600,000 (AED 1,030 per sqft)

3401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in Time Place Tower
75K100K125K2012201620202024Typical 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 121,689

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 3401 sits

All 68 2-beds →

3401 last sold in May 2013 at AED 1,030 per sqft, 24% above what two-beds in Time Place Tower were fetching at the time (AED 834). 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.

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 34th floor

All 300 units in Time Place Tower
Value
34022-bedAED 985K · Feb 2021
34032-bedAED 1.48M · Jan 2010
34042-bedAED 875K · May 2011
3405PenthouseAED 5.6M · Apr 2024

3401, Time Place Tower in numbers

  • Sold twice: first on 2 February 2010 for AED 1,707,200, last on 23 May 2013 for AED 1,600,000 (AED 1,030 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 23 May 2013.

Questions about 3401, Time Place Tower

What did unit 3401 last sell for?

AED 1,600,000 on 23 May 2013: AED 1,030 per sqft for 1,552 sqft. The unit has 2 registered sales; the first was AED 1,707,200 in February 2010.

How big is unit 3401?

1,552 sqft (144.2 sqm): a two-bedroom apartment on the 34th floor of a 34-storey tower completed in 2009.

What is unit 3401 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.

Selling 3401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3401, Time Place Tower

Starts from the last sale price (AED 1.6M, 23 May 2013). 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 →