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Studio · 392 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 10th floor · completed 2022

1013, Time 1 (Arabian Gate 1)

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 255K2 November 2022
Current rentAED 34K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1013, Time 1 (Arabian Gate 1)

What is 1013 worth today?

Last sold for AED 255,000 in 2022

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1 May 2024RentedNew contract
AED 34,000/yr12 months · AED 87 per sqft
2 Nov 2022Sold by developerOff-plan
AED 255,000AED 651 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
10th of 13
Parking
1
Developer
Time Properties
Completed
2022
Last sold
AED 255K · November 2022
Building
Time 1 (Arabian Gate 1)

About 1013, Time 1 (Arabian Gate 1)

1013 is a studio of 392 sqft on the 10th floor of Time 1 (Arabian Gate 1), a 13-storey tower in Dubailand Residence Complex completed in 2022 by Time Properties. The developer sold it on 2 November 2022 for AED 255,000, or AED 651 per sqft, 31% below the AED 950 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 34,000 a year: a gross yield of 13.3% on the 2022 price.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical studio in Time 1 (Arabian Gate 1)
300K400K2021202320252027Typical sale price by year: 2021 AED 265,000; 2022 AED 299,000; 2023 AED 324,500; 2024 AED 365,000; 2025 AED 417,000; 2026 AED 450,000Sold by developer, November 2022: AED 255,000 (AED 651 per sqft)

1013 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1013, each contractTypical studio in Time 1 (Arabian Gate 1)
34K36K2024202520262027Typical rent by year: 2024 AED 36,000; 2025 AED 37,000; 2026 AED 37,000New contract, May 2024: AED 34,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Time 1 (Arabian Gate 1), and where 1013 sits

All 208 studios →

1013 last sold in November 2022 at AED 651 per sqft, 31% below what studios in Time 1 (Arabian Gate 1) were fetching at the time (AED 950). Over the last 12 months studios sold for AED 319,353 to 500,000, around AED 1,223 per sqft, and rent for AED 30,000 to 48,000 a year. 1013's AED 34,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Oct 2026415,000
21 Aug 2026470,000
28 Jul 2026450,000
17 Jul 2026500,000
18 studio sales in the last 12 months

Time 1 (Arabian Gate 1)

Building

286 apartments, studios to 3-bed over 13 floors in Dubailand Residence Complex, completed in 2022 by Time Properties. 23 sold in the last 12 months.

Typical price per sqft
AED 1,191 Down 9.7%
Typical sale
AED 450K
Typical rent
AED 38K /yr
Typical yield
9.2%
Time 1 (Arabian Gate 1), Dubailand Residence Complex: prices, sales and rents →

Other units on the 10th floor

All 286 units in Time 1 (Arabian Gate 1)
Value
10013-bedAED 931K · Aug 2022
1002StudioAED 326K · Sep 2022
1003StudioAED 299K · May 2022
10041-bedAED 420K · Sep 2022
1005StudioAED 410K · May 2025
1006StudioAED 300K · Jun 2022
1007StudioAED 319K · Apr 2022
1–7 of 21

1013, Time 1 (Arabian Gate 1) in numbers

  • Sold once: by Time Properties on 2 November 2022 for AED 255,000, or AED 651 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2022 price is 13.3%.
  • Studios in Time 1 (Arabian Gate 1) sold for AED 319,353–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,191 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 1013, Time 1 (Arabian Gate 1)

What did unit 1013 last sell for?

AED 255,000 on 2 November 2022, sold by the developer: AED 651 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 1013?

AED 34,000 a year on the contract signed on 1 May 2024.

How big is unit 1013?

392 sqft (36.4 sqm): a studio on the 10th floor of a 13-storey tower completed in 2022.

What is unit 1013 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Time 1 (Arabian Gate 1) sold for AED 319,353 to 500,000 in the last 12 months, around AED 1,223 per sqft.

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Mortgage on 1013, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 255K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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