3101, Time Place Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3101, Time Place Tower
What is 3101 worth today?
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Source: Dubai Land Department. Updated 31 July 2024.
Key facts
- Type
- Apartment
- Size
- 667 sqft
- Floor
- 31st of 34
- Parking
- 75(B01)
- Developer
- Abraj Constructions
- Completed
- 2009
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1M · July 2024
- Building
- Time Place Tower
About 3101, Time Place Tower
3101 is an apartment of 667 sqft on the 31st floor of Time Place Tower, a 34-storey tower in Dubai Marina completed in 2009 by Abraj Constructions. It last sold on 31 July 2024 for AED 1,000,000, or AED 1,498 per sqft.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 15,300 a year.
Time Place Tower
Building300 apartments, studios to 3-bed over 34 floors in Dubai Marina, completed in 2009 by Abraj Constructions. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,610
- Typical sale
- AED 1.15M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.8%
Other units on the 31st floor
All 300 units in Time Place Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3102 | 1-bed | 827 sqft | AED 850KAED 850,000 · Jun 2022June 2022 | 93,000 /yr | |
| 3103 | 1-bed | 897 sqft | AED 650KAED 650,000 · Jan 2014January 2014 | 80,000 /yr | |
| 3104 | 2-bed | 1,327 sqft | AED 1.44MAED 1,440,000 · Apr 2022April 2022 | 150,000 /yr | |
| 3105 | 3-bed | 1,918 sqft | AED 2.13MAED 2,128,980 · Oct 2013October 2013 | 160,000 /yr | |
| 3106 | Penthouse | 2,940 sqft | AED 2.2MAED 2,200,000 · Oct 2022October 2022 | 130,000 /yr | |
| 3107 | 1-bed | 683 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 48,000 /yr |
3101, Time Place Tower in numbers
- Sold 3 times: first on 18 July 2011 for AED 357,033, last on 31 July 2024 for AED 1,000,000 (AED 1,498 per sqft).
- Rented since November 2020 on 3 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 15,300 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 31 July 2024.
Questions about 3101, Time Place Tower
What did unit 3101 last sell for?
AED 1,000,000 on 31 July 2024: AED 1,498 per sqft for 667 sqft. The unit has 3 registered sales; the first was AED 357,033 in July 2011.
What is the rent for unit 3101?
AED 70,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 70,000; the unit has been rented since November 2020.
How big is unit 3101?
667 sqft (62.0 sqm): an apartment on the 31st floor of a 34-storey tower completed in 2009.
What is unit 3101 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 3101, Time Place Tower
Starts from the last sale price (AED 1M, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →