1 bedroom, Time Place tower
Dubai, Dubai Marina, Time Place
62 m²
Property area
2008
Construction year
31 out of 34
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$309 589 ($4 993/m²)
1 130 000 AED
Rental yield: 7,49%
Price growth rate per year: 15,2%
Beach
15-min walk
TOTAL INVESTMENT AMOUNT: $348 400
TOTAL RENTAL YIELD PER YEAR: $39 452
EXPENSES PER YEAR: $13 358
NET RENTAL YIELD PER YEAR: $26 094
or 7,49%
- Unit price: $309 589
- Renovation price: $1 370
- Furnishings: $9 589
- Commission: $6 501
- DLD fee payment: $12 543
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $4 644
TOTAL RENTAL YIELD PER YEAR: $39 452
- Rent payments: $3 288 (per month) / $39 452 (per year)
EXPENSES PER YEAR: $13 358
- Service charge: $2 668
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management commission: $5 918
NET RENTAL YIELD PER YEAR: $26 094
or 7,49%
Sobha metro station
5-min walk
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Apartment with stunning views of the skyscrapers and Dubai Marina
Time Place is a 34-storey residential tower by Abraj Constructions built in 2008. The building is located in the popular Dubai Marina area, has direct access to Marina Walk with pedestrian areas around the canal, yacht clubs, stores and restaurants. The building has a patio with greenery and a fountain.
15-minute walk to the beach, 5-minute walk to the streetcar stop and Sobha metro station.
Key tower features:
Time Place is a 34-storey residential tower by Abraj Constructions built in 2008. The building is located in the popular Dubai Marina area, has direct access to Marina Walk with pedestrian areas around the canal, yacht clubs, stores and restaurants. The building has a patio with greenery and a fountain.
15-minute walk to the beach, 5-minute walk to the streetcar stop and Sobha metro station.
- 1 bedroom
- 1 bathroom
- Balcony with stunning views of the Marina.
- Area: 62 sq. m.
- Floor 31 (out of 34)
- View of skyscrapers and Marina
- Furnished
- 1 parking space
- Vacant after sale. Currently a tenant but confirmed to move out after the transaction.
Key tower features:
- Swimming pool
- Gym, sauna, jacuzzi.
- The tower is located in the center of tourist life
- Amazing transportation accessibility
Dubai Marina is one of the most attractive places to live in Dubai. This neighborhood is located on the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.
The main advantages of living in Dubai Marina are:
1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.
2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.
3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.
4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.
5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.
The main advantages of living in Dubai Marina are:
1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.
2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.
3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.
4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.
5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.