516, Time 1 (Arabian Gate 1)
Sold prices and rental history: sold once, by the developer in March 2022, 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 516, Time 1 (Arabian Gate 1)
What is 516 worth today?
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Source: Dubai Land Department. Updated 22 March 2022.
Key facts
- Type
- Studio apartment
- Size
- 307 sqft
- Floor
- 5th of 13
- Parking
- 1
- Developer
- Time Properties
- Completed
- 2022
- Last sold
- AED 299K · March 2022
- Building
- Time 1 (Arabian Gate 1)
About 516, Time 1 (Arabian Gate 1)
516 is a studio of 307 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. The developer sold it on 22 March 2022 for AED 299,000, or AED 972 per sqft, 13% above the AED 862 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold once; 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 516 sits
All 208 studios →516 last sold in March 2022 at AED 972 per sqft, 13% 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.
| 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 | |
| 506 | Studio | 334 sqft | AED 324KAED 324,000 · Oct 2023October 2023 | ||
| 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 | |
| 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 |
516, Time 1 (Arabian Gate 1) in numbers
- Sold once: by Time Properties on 22 March 2022 for AED 299,000, or AED 972 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 22 March 2022.
Questions about 516, Time 1 (Arabian Gate 1)
What did unit 516 last sell for?
AED 299,000 on 22 March 2022, sold by the developer: AED 972 per sqft for 307 sqft. It is the only registered sale of the unit.
How big is unit 516?
307 sqft (28.5 sqm): a studio on the 5th floor of a 13-storey tower completed in 2022.
What is unit 516 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 516, Time 1 (Arabian Gate 1)
Starts from the last sale price (AED 299K, 22 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 299,000
- Deposit, UAE resident (20%)
- AED 59,800
- Deposit, non-resident (40%)
- AED 119,600
- Monthly over 25 years at 3.7%
- AED 1,223
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →