3402, Time Place Tower
Sold prices and rental history: sold 6 times, last in February 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3402, Time Place Tower
What is 3402 worth today?
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Source: Dubai Land Department. Updated 3 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,240 sqft
- Floor
- 34th of 34
- Parking
- 63(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 28,500 /yr
- Last sold
- AED 985K · February 2021
- Building
- Time Place Tower
About 3402, Time Place Tower
3402 is a two-bedroom apartment of 1,240 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 3 February 2021 for AED 985,000, or AED 794 per sqft, in line with the AED 815 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 25 September 2019, is AED 5,000 a year: a gross yield of 0.5% on the 2021 price, before the service charge of about AED 28,500 a year.
Sales and rents for 3402 over time
3402 has sold 6 times; the dashed line is the two-bed median of each year in the building.
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 3402 sits
All 68 2-beds →3402 last sold in February 2021 at AED 794 per sqft, in line with what two-beds in Time Place Tower were fetching at the time (AED 815). 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. 3402's AED 5,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 1,314 sqft | 1,825,000 | 1,388 | ||
| 17 Apr 202517 April 2025 | 1,259 sqft | 2,200,000 | 1,747 | ||
| 11 Apr 202511 April 2025 | 1,161 sqft | 1,690,000 | 1,456 | ||
| 5 Feb 20255 February 2025 | 1,226 sqft | 1,940,000 | 1,582 |
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 34th floor
All 300 units in Time Place Tower3402, Time Place Tower in numbers
- Sold 6 times: first on 6 December 2009 for AED 1,358,387, last on 3 February 2021 for AED 985,000 (AED 794 per sqft).
- Rented since May 2015 on 4 Ejari contracts, from AED 120,000 to AED 5,000 a year.
- At AED 5,000 a year the gross yield on the 2021 price is 0.5%, before a service charge of about AED 28,500 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 3 February 2021.
Questions about 3402, Time Place Tower
What did unit 3402 last sell for?
AED 985,000 on 3 February 2021: AED 794 per sqft for 1,240 sqft. The unit has 6 registered sales; the first was AED 1,358,387 in December 2009.
What is the rent for unit 3402?
AED 5,000 a year on the contract signed on 25 September 2019. The previous contract, from September 2017, was AED 96,000; the unit has been rented since May 2015.
How big is unit 3402?
1,240 sqft (115.2 sqm): a two-bedroom apartment on the 34th floor of a 34-storey tower completed in 2009.
What is unit 3402 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 3402, Time Place Tower
Starts from the last sale price (AED 985K, 3 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 985,000
- Deposit, UAE resident (20%)
- AED 197,000
- Deposit, non-resident (40%)
- AED 394,000
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →