2-bed · 1,261 sqftTime Place Tower, Dubai Marina · 34th floor · completed 2009

3404, Time Place Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 875K12 May 2011
Current rentAED 138K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Time Place Tower

What is 3404 worth today?

Last sold for AED 875,000 in 2011

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15 Nov 2025RentedNew contract
AED 138,000/yr12 months · AED 110 per sqft
16 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
20 Sep 2021RentedRenewal
AED 80,500/yr12 months · AED 64 per sqft
20 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
20 Feb 2019RentedNew contract
AED 88,500/yr12 months · AED 70 per sqft
13 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
15 Apr 2017RentedRenewal
AED 142,000/yr12 months · AED 113 per sqft
15 Apr 2016RentedNew contract
AED 142,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
1,261 sqft
Floor
34th of 34
Parking
79(B01)
Developer
Abraj Constructions
Completed
2009
Service charge
AED 29,000 /yr
Last sold
AED 875K · May 2011

About 3404, Time Place Tower

3404 is a two-bedroom apartment of 1,261 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 12 May 2011 for AED 875,000, or AED 693 per sqft, 3% below the AED 718 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 November 2025, is AED 138,000 a year: a gross yield of 15.8% on the 2011 price, before the service charge of about AED 29,000 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, April 2011: AED 697,010 (AED 552 per sqft)Sold, May 2011: AED 875,000 (AED 693 per sqft)

3404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, each contractTypical two-bed in Time Place Tower
100K150K2012201620202024Typical 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 2013: AED 115,000 a yearNew contract, March 2014: AED 150,000 a yearNew contract, March 2015: AED 140,000 a yearNew contract, April 2016: AED 142,000 a yearRenewal, April 2017: AED 142,000 a yearNew contract, December 2017: AED 120,000 a yearNew contract, February 2019: AED 88,500 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 80,500 a yearNew contract, November 2022: AED 115,000 a yearNew contract, November 2025: AED 138,000 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 3404 sits

All 68 2-beds →

3404 last sold in May 2011 at AED 693 per sqft, 3% below what two-beds in Time Place Tower were fetching at the time (AED 718). 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. 3404's AED 138,000 is in the lower half 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 34th floor

All 300 units in Time Place Tower
Value
34012-bedAED 1.6M · May 2013
34022-bedAED 985K · Feb 2021
34032-bedAED 1.48M · Jan 2010
3405PenthouseAED 5.6M · Apr 2024

3404, Time Place Tower in numbers

  • Sold twice: first on 20 April 2011 for AED 697,010, last on 12 May 2011 for AED 875,000 (AED 693 per sqft).
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2020 and recovered to AED 138,000 by November 2025.
  • At AED 138,000 a year the gross yield on the 2011 price is 15.8%, before a service charge of about AED 29,000 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 15 November 2025.

Questions about 3404, Time Place Tower

What did unit 3404 last sell for?

AED 875,000 on 12 May 2011: AED 693 per sqft for 1,261 sqft. The unit has 2 registered sales; the first was AED 697,010 in April 2011.

What is the rent for unit 3404?

AED 138,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2022, was AED 115,000; the unit has been rented since February 2013.

How big is unit 3404?

1,261 sqft (117.2 sqm): a two-bedroom apartment on the 34th floor of a 34-storey tower completed in 2009.

What is unit 3404 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 3404, Time Place Tower

Starts from the last sale price (AED 875K, 12 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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