Studio · 307 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 12th floor · completed 2022

1216, Time 1 (Arabian Gate 1)

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

Unit 1216 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 297K16 February 2022
Current rentAED 38K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Time 1 (Arabian Gate 1)

What is 1216 worth today?

Last sold for AED 297,000 in 2022

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28 Aug 2025RentedNew contract
AED 38,000/yr12 months · AED 124 per sqft
19 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 117 per sqft
16 Feb 2022Sold by developerOff-plan
AED 297,000AED 966 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
Studio apartment
Size
307 sqft
Floor
12th of 13
Parking
1
Developer
Time Properties
Completed
2022
Last sold
AED 297K · February 2022

About 1216, Time 1 (Arabian Gate 1)

1216 is a studio of 307 sqft on the 12th 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 16 February 2022 for AED 297,000, or AED 966 per sqft, 12% above the AED 862 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 28 August 2025, is AED 38,000 a year: a gross yield of 12.8% on the 2022 price.

Sales and rents for 1216 over time

Sales
Unit 1216, 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, February 2022: AED 297,000 (AED 966 per sqft)

1216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1216, each contractTypical studio in Time 1 (Arabian Gate 1)
36K37K38K2024202520262027Typical rent by year: 2024 AED 36,000; 2025 AED 37,000; 2026 AED 37,000New contract, August 2024: AED 36,000 a yearNew contract, August 2025: AED 38,000 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 1216 sits

All 208 studios →

1216 last sold in February 2022 at AED 966 per sqft, 12% above what studios in Time 1 (Arabian Gate 1) were fetching at the time (AED 862). 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. 1216's AED 38,000 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 12th floor

All 286 units in Time 1 (Arabian Gate 1)
Value
12013-bedAED 950K · Sep 2022
1202StudioAED 320K · Aug 2022
1203StudioAED 470K · Aug 2026
12041-bedAED 560K · Sep 2024
1205StudioAED 295K · May 2022
1206StudioAED 313K · Jul 2022
1207StudioAED 313K · Jun 2022
1–7 of 21

1216, Time 1 (Arabian Gate 1) in numbers

  • Sold once: by Time Properties on 16 February 2022 for AED 297,000, or AED 966 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, from AED 36,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 12.8%.
  • 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 28 August 2025.

Questions about 1216, Time 1 (Arabian Gate 1)

What did unit 1216 last sell for?

AED 297,000 on 16 February 2022, sold by the developer: AED 966 per sqft for 307 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 38,000 a year on the contract signed on 28 August 2025. The previous contract, from August 2024, was AED 36,000.

How big is unit 1216?

307 sqft (28.5 sqm): a studio on the 12th floor of a 13-storey tower completed in 2022.

What is unit 1216 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 1216, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 297K, 16 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 297,000
Deposit, UAE resident (20%)
AED 59,400
Deposit, non-resident (40%)
AED 118,800
Monthly over 25 years at 3.7%
AED 1,215

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