Time Place, Dubai Marina

Time Place, Dubai Marina

HIGHLIGHTS

About Time Place

Time Place tower is a residential skyscraper in Dubai Marina. It features 35 storeys above ground, making it 158 metres tall. The tower has a total of 289 residential units featuring 1-bedroom, 2-bedroom and 3-bedroom apartments. Also, the tower contains four penthouses and six villas. The spacious apartments with their full-length windows  and glass railing balconies view splendid sights of the surrounding waters. Time Place was supposed to have the highest sundial standing but plans for it were cancelled.

Time Place
Time Place is a high-rising tower with apartments, penthouses and villas

Dubai Marina is the most sought-after area in Dubai for buying flats, according to 2019 Bayut’s Annual Market Report for Dubai. The key feature of this neighbourhood includes a 3.5 km large canal giving access to the sea on both ends. The residents of high-rise buildings in the area can witness waterfronts views and luxury apartments along with several modern amenities.

IN A NUTSHELL

  • 158 metres tall skyscraper consisting of 35 floors
  • Located in Dubai Marina
  • 289 residential units divided into 1, 2 and 3-bedroom apartments
  • Houses four penthouses and six villas 
  • Offers marine views through floor to ceiling windows and balconies with glass railings 
  • Features multiple fitness amenities

BUILDING DETAILS

Facilities in Time Place

Parking

Residents of Time Place Tower can utilize the underground car parking available for residents.

Elevators

High-speed elevators are functional for fast commuting within the tower.

Security, Central Air-Conditioning and Maintenance Services 

Time Place, Dubai Marina has 24/7 operational security along with CCTV surveillance. The building receives its electricity and water supply from DEWA. 

Gym and Fitness Facilities 

This residential tower has a fully-equipped gym which offers state-of-the-art cardio, weight training and circuit training areas. Sauna & steam room facilities are also available to relax and unwind. Swimming lovers can dive into the swimming pool available in the tower.

Safety Features

There are fire alarms and fire-fighting systems in the building to deal with any unfortunate situation.

Time Place Floor Plans 

The residential units in Time Place, Dubai Marina come in different floor plans and configurations. Here is the floor plan of the apartment building:

  • 1-bedroom apartments in Time Place consist of seven different unit types
  • 2-bedroom apartments in Time Place consist of one unit type
  • 3-bedroom apartments in Time Place consist of one unit type

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Time Place, Dubai Marina floor plans.

Apartment Types in Time Place

The residential units in Time Place, Dubai Marina consist of 1, 2 and 3-bedroom apartments. There are also four penthouses and six villas in the tower. 

1-Bedroom Apartments in Time Place  

1-Bedroom units in Time Place have estimated coverage areas ranging between 691 sq. ft. and 900 sq. ft. All the 1 BHK flats contain single bedrooms with built-in wardrobes and attached en-suite bathrooms. Depending on the type of the apartment, the terraces may be large or small and there may be an additional guest bathroom or a storeroom. Some of the flats have open kitchens while others have closed ones.

2-Bedroom Apartments in Time Place

The coverage area for 2-bedroom flats in Time Place lies between 800 sq. ft. to 1560 sq. ft. Each unit consists of two bedrooms and three bathrooms with a fully equipped kitchen, balcony, a store room and a spacious rectangle shaped terrace with Dubai Marina views. 

3-Bedroom Apartments in Time Place

The total built-up areas of 3-bedroom apartments start from 1,890 sq. ft. and reach upto  2,200 sq. ft. Each of these 3 BHK flats contains a spacious living and dining area, three large bedrooms, multiple wardrobes, three bathrooms and an open kitchen.

Most Popular Apartment Types in Time Place

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

The searches made on Bayut shows that the most popular apartment types in Time Place, Dubai Marina are 1-bedroom units, followed by 2 and 3-bedroom apartments.

Apartments for rent in Time Place, Dubai Marina are available with the following price trends:

The variation in the rental prices for the various bed-types are due to the difference in coverage areas and amenities offered. You can find similar apartments in the area by browsing flats for rent in Dubai Marina.

Those looking to invest in Time Place will find it to be an affordable option. It is a freehold property giving ownership to both locals and expats. Apartments for sale in Time Place exhibits the following price trends:  

People who are looking for more options in the area can compare these prices to other apartments for sale in Dubai Marina. 

Rental Yield in Time Place

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

According to the data on Bayut, the most profitable units in Time Place, Dubai are 2-bedroom flats as they have the highest ROI i.e. 7.8%. The next on the list are 3-bedroom units, having a rental yield of 7.5%. 1-bedroom apartments secure the last position with the least ROI of 7.4%.

Service Charges in Time Place

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. In AED
2.76
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. In AED
3.42
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. In AED
4.34
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. In AED
1.18
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. In AED
0.42
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. In AED
0.62
General Fund
Adjustment
The difference between the estimated amount charged the previous year vs the actual amount spent
Price Per Sq. Ft. In AED
-2.35
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. In AED
2.25
General Fund
Total
Price Per Sq. Ft. In AED
12.64
ADDITIONAL SERVICES
PRICE PER SQ. FT. IN AED
ADDITIONAL SERVICES
Unit A/C (Charges)
PRICE PER SQ. FT. IN AED
3.94

These figures are based on the services charges for Time Place* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Time Place 

Bus Stations near Time Place

Bus stations nearby include Jumeirah, Royal Meridian 2, Jumeirah Beach Residence Station 1, Jumeirah Beach Residence Station 2 , Jumeirah, Royal Meridian 1, JLT, Saba 1 Tower and JLT, Tiffany Tower. These are located at a driving distance of 5 to 10 minutes. 

Metro Stations near Time Place

Metro services near Time Place can be accessed in an 8 to 10-minute drive, by car.  The nearest options include DAMAC Properties Metro station, DMCC Metro Station 1, and Nakheel Metro Station. 

Tram Stations near Time Place

Time Place, Dubai has easy access to many tram stations. Dubai Marina Mall Tram station is 8-minute walk from the building. Also, Jumeirah Beach Residence 1 Tram station and Marina Towers Tram station are available at an 11 and 14-minute walking distance.

Restaurants near Time Place

There are a bunch of restaurants and cafes near Time Place having a wide variety of food options. Some of these include:

  • London Social Brunch
  • The Talk Restaurant
  • Fogueira Restaurant & Lounge

These restaurants are accessible within a 4 to 5-minute drive from the building. Other nearby restaurants include Pier 7, The Cheesecake Factory JBR, Leopolds of London, and Al Kamil Restaurant and Billiard. 

Fine-dining options in the vicinity include:

  • The Cavendish Restaurant
  • Celebrities by Mauro Colagreco
  • Cinque
  • Rhodes W1

These fine-dining options are located at a 15 to 17-minute drive away. Cinque offers Italian food menu whereas one can enjoy British, Irish and Mediterranean cuisines at The Cavendish Restaurant.Rhodes W1 is in Grosvenor’s House. People can enjoy luxury dining along with full-bar availability or a relaxing afternoon tea here.

Supermarkets near Time Place

Following supermarkets are situated in the vicinity of Time Place, Dubai Marina. These include: 

  • News Box Supermarket
  • Freshwell Supermarket
  • Waitrose

All these supermarkets are accessible within 5 to 10 minutes of drive from the building. Some more supermarkets in the area include Carrefour Market, ZOOM, W Mart Supermarket, Caramel Supermarket, Spinneys, Dubai Marina and West Zone Fresh Supermarket.

NEARBY BUILDINGS

The 35-storey residential building is surrounded by several apartment buildings and hotels including:

  • Marina View Hotel Apartments
  • The Radisson Blu Residence 
  • Al Seef Tower 3
  • Green Lakes Tower
  • Al Waleed Paradise 

Marina View Hotel Apartments is a four-star hotel with spacious studios to 2-bedroom flats. It is just a minute walk from the building and has the facilities of sauna baths and steam rooms, fully-equipped gym, swimming pool and restaurants. Al Seef Tower 3 is in Cluster U of JLT, at a 5-minute drive away. This 49 ft. tall building features 35 floors in total and contains 2 and 3-bedroom flats and penthouses. Green Lakes is in Cluster S Whereas Al Waleed Paradise is in Cluster R. Both of these features modern and spacious apartments with several amenities including gyms and swimming pools. 

Major Landmarks

Emirates Mall interior
Emirates Mall houses famous brand stores, restaurants and Ski Dubai

The major landmarks near Time Place are:

These landmarks are 10 to 15 minutes away from the building. Ain Dubai is a Ferris wheel by Meeras that is soon opening in Bluewaters Island. Ski Dubai is housed in Emirates Mall and is a perfect option to beat the summer heat. For those who love water slides and river rides, Aquaventure waterpark is just around the corner.  Also, Barasti Beach is just 15-minute walk from the building.

THINGS TO CONSIDER

There are a few things to know before you decide to move into Time Place. Despite being one of the most well-connected areas in Dubai, the roads tend to get jammed, especially during peak office hours. Also, there are limited public parking spaces, so guests visiting friends or family living Time Place may face some difficulty. However, this can be avoided by using public transport options or using paid parking nearby.

Are you looking to buy or rent apartments in Time Place Tower?

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