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.
Dubai Marina is among one of the most sought-after area in Dubai for buying flats. 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.
Residents of Time Place Tower can utilize the underground car parking available for residents.
High-speed elevators are functional for fast commuting within the tower.
Time Place, Dubai Marina has 24-hour operational security along with CCTV surveillance. The building receives its electricity and water supply from DEWA.
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.
There are fire alarms and fire-fighting systems in the building to deal with any unfortunate situation.
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 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.
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.
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.
1-bed apartments offer the highest ROI in Time Place of 7.36%. 2-bedroom flats generate about 7.05% return on investment. 3-bedroom flats offer an ROI of about 5.18%.
General Fund | Price Per Sq. Ft. In AED |
---|---|
Services General upkeep of the building |
2.76 |
Maintenance General repairs and replacements |
3.42 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
4.34 |
Management Services Owner’s association charges for managing the property |
1.18 |
Insurance Charge for the insurance of the building |
0.42 |
Master Community Fees for communal facilities in the neighbourhood |
0.62 |
Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
-2.35 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
2.25 |
Total | 12.64 |
ADDITIONAL SERVICES | PRICE PER SQ. FT. IN AED |
---|---|
Unit A/C (Charges) | 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.
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 services near Time Place Tower Dubai Marina can be accessed in an 8 to 10-minute drive, by car. The nearest options include Sobha Realty Metro station, DMCC Metro Station 1, and Al Khail Metro Station.
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.
There are a bunch of restaurants in Dubai Marina near Time Place having a wide variety of food options. Some of these include:
These restaurants are accessible within a 4 to 5-minute drive from the building. Other nearby restaurants include Pier 7 and The Cheesecake Factory JBR.
Fine-dining options near Time Place Tower Dubai include:
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.
Following supermarkets in Dubai Marina are situated in the vicinity of Time Place, Dubai Marina. These include:
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 and Spinneys. These all stock household items along with groceries that are available on discounted prices.
Schools near Time Place in Dubai Marina, Dubai:
The area is dotted with several renowned educational institutes that cater to children from different age groups. Oakfield Early Learning Centre, Kids Kingdom Nursery and Vernus Early Learning Centre offer preschool education. All of these are reachable within 10 to 12 minutes of driving. For bigger children, Emirates International School, Dubai International Academy and The Winchester School are some of the preferred choices.
The 35-storey residential building is surrounded by several apartment buildings and hotels including:
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.
The major landmarks near Time Place Tower Marina are:
These landmarks are 10 to 15 minutes away from the building. Ain Dubai is a Ferris wheel by Meeras is located in Bluewaters Island. It is a sight to behold as the Ferris wheel is surrounded by the Dubai skyline.
Ski Dubai is housed in Emirates Mall and is a perfect option to beat the summer heat. The destination maintains a -4°C degrees round the air and offers a number of winter sports.
For those who love water slides and river rides, Aquaventure waterpark is just around the corner. The place is one of the most celebrated waterparks in the world that invites hundreds of visitors each year. Also, Barasti Beach is just 15-minute walk from the building.
Although the residents of Time Place Tower Dubai Marina get to enjoy a list of amenities in Dubai Marina, 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.
There are 1-bed, 2-bed and 3-bed apartments in Time Place Tower.
There are many facilities in the building. The list includes fitness facilities, sauna and steam room and a swimming pool as well.