506, Time 1 (Arabian Gate 1)
Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Time 1 (Arabian Gate 1)
What is 506 worth today?
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Source: Dubai Land Department. Updated 5 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 5th of 13
- Parking
- 1
- Developer
- Time Properties
- Completed
- 2022
- Last sold
- AED 324K · October 2023
- Building
- Time 1 (Arabian Gate 1)
About 506, Time 1 (Arabian Gate 1)
506 is a studio of 334 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 5 October 2023 for AED 324,000, or AED 970 per sqft, 13% above the AED 860 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the studio median of each year in the building.
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 506 sits
All 208 studios →506 last sold in October 2023 at AED 970 per sqft, 13% above what studios in Time 1 (Arabian Gate 1) were fetching at the time (AED 860). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 391 sqft | 415,000 | 1,061 | ||
| 21 Aug 202621 August 2026 | 300 sqft | 470,000 | 1,564 | ||
| 28 Jul 202628 July 2026 | 339 sqft | 450,000 | 1,327 | ||
| 17 Jul 202617 July 2026 | 391 sqft | 500,000 | 1,278 |
Time 1 (Arabian Gate 1)
Building286 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%
Other units on the 5th floor
All 286 units in Time 1 (Arabian Gate 1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,606 sqft | AED 957KAED 956,690 · Nov 2022November 2022 | ||
| 502 | Studio | 394 sqft | AED 309KAED 309,000 · Dec 2022December 2022 | 39,000 /yr | |
| 503 | Studio | 298 sqft | AED 299KAED 299,000 · Sep 2022September 2022 | 36,000 /yr | |
| 504 | 1-bed | 598 sqft | AED 435KAED 435,000 · May 2021May 2021 | 50,000 /yr | |
| 505 | Studio | 307 sqft | AED 285KAED 285,000 · May 2021May 2021 | 34,000 /yr | |
| 507 | Studio | 339 sqft | AED 320KAED 320,000 · May 2024May 2024 | 36,000 /yr | |
| 508 | Studio | 336 sqft | AED 400KAED 400,000 · Dec 2025December 2025 | 37,000 /yr | |
| 509 | 1-bed | 601 sqft | AED 530KAED 530,000 · May 2024May 2024 | 56,000 /yr | |
| 510 | Studio | 293 sqft | AED 290KAED 290,000 · Sep 2022September 2022 | 40,000 /yr | |
| 511 | Studio | 392 sqft | AED 309KAED 309,000 · Dec 2022December 2022 | 37,000 /yr | |
| 512 | 3-bed | 1,603 sqft | AED 740KAED 740,000 · Jan 2022January 2022 | 105,000 /yr | |
| 513 | Studio | 392 sqft | AED 339KAED 339,000 · Oct 2022October 2022 | ||
| 514 | Studio | 295 sqft | AED 400KAED 400,000 · Feb 2025February 2025 | ||
| 515 | 1-bed | 596 sqft | AED 435KAED 435,000 · Apr 2021April 2021 | 55,000 /yr | |
| 516 | Studio | 307 sqft | AED 299KAED 299,000 · Mar 2022March 2022 | ||
| 517 | Studio | 310 sqft | AED 265KAED 265,000 · Jul 2021July 2021 | 37,000 /yr | |
| 518 | Studio | 307 sqft | AED 265KAED 265,000 · Aug 2021August 2021 | 36,000 /yr | |
| 519 | Studio | 102 sqft | AED 126KAED 125,729 · Jul 2025July 2025 | 35,000 /yr | |
| 520 | 1-bed | 601 sqft | AED 540KAED 540,000 · Feb 2024February 2024 | 50,000 /yr | |
| 521 | Studio | 298 sqft | AED 292KAED 292,000 · Nov 2021November 2021 | 40,000 /yr | |
| 522 | Studio | 394 sqft | AED 450KAED 450,000 · Mar 2026March 2026 | 44,000 /yr |
506, Time 1 (Arabian Gate 1) in numbers
- Sold twice: first on 17 August 2021 for AED 265,000, last on 5 October 2023 for AED 324,000 (AED 970 per sqft).
- 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 5 October 2023.
Questions about 506, Time 1 (Arabian Gate 1)
What did unit 506 last sell for?
AED 324,000 on 5 October 2023: AED 970 per sqft for 334 sqft. The unit has 2 registered sales; the first was AED 265,000 in August 2021.
How big is unit 506?
334 sqft (31.0 sqm): a studio on the 5th floor of a 13-storey tower completed in 2022.
What is unit 506 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 506, Time 1 (Arabian Gate 1)
Starts from the last sale price (AED 324K, 5 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 324,000
- Deposit, UAE resident (20%)
- AED 64,800
- Deposit, non-resident (40%)
- AED 129,600
- Monthly over 25 years at 3.7%
- AED 1,326
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →