3-bed · 1,606 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 5th floor · completed 2022

501, Time 1 (Arabian Gate 1)

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 957K3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Time 1 (Arabian Gate 1)

What is 501 worth today?

Last sold for AED 956,690 in 2022

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3 Nov 2022SoldOff-plan
AED 956,690AED 595 per sqft
31 Oct 2021Sold by developerOff-plan
AED 722,000AED 449 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
3-bed apartment
Size
1,606 sqft
Floor
5th of 13
Parking
1
Developer
Time Properties
Completed
2022
Last sold
AED 957K · November 2022

About 501, Time 1 (Arabian Gate 1)

501 is a three-bedroom apartment of 1,606 sqft on the 5th floor of Time 1 (Arabian Gate 1), a 13-storey tower in Dubailand Residence Complex completed in 2022 by Time Properties. It last sold on 3 November 2022 for AED 956,690, or AED 595 per sqft, in line with the AED 579 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Time 1 (Arabian Gate 1)
1M1.5M2021202320252027Typical sale price by year: 2021 AED 722,000; 2022 AED 953,345; 2023 AED 945,000; 2024 AED 1,277,500; 2026 AED 1,600,000Sold by developer, October 2021: AED 722,000 (AED 449 per sqft)Sold, November 2022: AED 956,690 (AED 595 per sqft)

501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 501, each contractTypical three-bed in Time 1 (Arabian Gate 1)
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 106,500

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

3-beds in Time 1 (Arabian Gate 1), and where 501 sits

All 26 3-beds →

501 last sold in November 2022 at AED 595 per sqft, in line with what three-beds in Time 1 (Arabian Gate 1) were fetching at the time (AED 579). Over the last 12 months three-beds sold for AED 1,550,000 to 2,050,000, around AED 997 per sqft, and rent for AED 100,000 to 125,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20262,050,000
9 Jul 20261,600,000
23 May 20261,550,000
28 Nov 20241,600,000
3 3-bed 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 5th floor

All 286 units in Time 1 (Arabian Gate 1)
Value
502StudioAED 309K · Dec 2022
503StudioAED 299K · Sep 2022
5041-bedAED 435K · May 2021
505StudioAED 285K · May 2021
506StudioAED 324K · Oct 2023
507StudioAED 320K · May 2024
508StudioAED 400K · Dec 2025
1–7 of 21

501, Time 1 (Arabian Gate 1) in numbers

  • Sold twice: first on 31 October 2021 for AED 722,000, last on 3 November 2022 for AED 956,690 (AED 595 per sqft).
  • Three-beds in Time 1 (Arabian Gate 1) sold for AED 1,550,000–2,050,000 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 3 November 2022.

Questions about 501, Time 1 (Arabian Gate 1)

What did unit 501 last sell for?

AED 956,690 on 3 November 2022: AED 595 per sqft for 1,606 sqft. The unit has 2 registered sales; the first was AED 722,000 in October 2021.

How big is unit 501?

1,606 sqft (149.2 sqm): a three-bedroom apartment on the 5th floor of a 13-storey tower completed in 2022.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Time 1 (Arabian Gate 1) sold for AED 1,550,000 to 2,050,000 in the last 12 months, around AED 997 per sqft.

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Mortgage on 501, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 957K, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 956,690
Deposit, UAE resident (20%)
AED 191,338
Deposit, non-resident (40%)
AED 382,676
Monthly over 25 years at 3.7%
AED 3,914

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