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3-bed · 1,603 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 7th floor · completed 2022

712, Time 1 (Arabian Gate 1)

Sold prices and rental history: sold 4 times, last in October 2024, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.47M15 October 2024
Current rentAED 105K /yr22 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712, Time 1 (Arabian Gate 1)

What is 712 worth today?

Last sold for AED 1,470,000 in 2024

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15 Oct 2024SoldReady
AED 1,470,000AED 916 per sqft
22 Apr 2024RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
6 Apr 2024SoldReady
AED 1,190,000AED 742 per sqft
27 Apr 2023SoldOff-plan
AED 750,000AED 467 per sqft
5 May 2021Sold by developerOff-plan
AED 650,000AED 405 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,603 sqft
Floor
7th of 13
Parking
B3-61
Developer
Time Properties
Completed
2022
Last sold
AED 1.47M · October 2024
Building
Time 1 (Arabian Gate 1)

About 712, Time 1 (Arabian Gate 1)

712 is a three-bedroom apartment of 1,603 sqft on the 7th 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 15 October 2024 for AED 1,470,000, or AED 916 per sqft, 23% above the AED 744 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 April 2024. The current contract, signed on 22 April 2024, is AED 105,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical three-bed in Time 1 (Arabian Gate 1)
500K1M1.5M2021202320252027Typical 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, May 2021: AED 650,000 (AED 405 per sqft)Sold, April 2023: AED 750,000 (AED 467 per sqft)Sold, April 2024: AED 1,190,000 (AED 742 per sqft)Sold, October 2024: AED 1,470,000 (AED 916 per sqft)

712 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 712, each contractTypical three-bed in Time 1 (Arabian Gate 1)
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 106,500New contract, April 2024: AED 105,000 a year

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 712 sits

All 26 3-beds →

712 last sold in October 2024 at AED 916 per sqft, 23% above what three-beds in Time 1 (Arabian Gate 1) were fetching at the time (AED 744). 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. 712's AED 105,000 is in the lower half of that range.

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 7th floor

All 286 units in Time 1 (Arabian Gate 1)
Value
7013-bedAED 1.2M · Mar 2024
702StudioAED 295K · Apr 2021
703StudioAED 209K · Feb 2024
7041-bedAED 460K · Dec 2021
705StudioAED 265K · Jul 2021
706StudioAED 389K · Apr 2025
707StudioAED 265K · Aug 2021
1–7 of 21

712, Time 1 (Arabian Gate 1) in numbers

  • Sold 4 times: first on 5 May 2021 for AED 650,000, last on 15 October 2024 for AED 1,470,000 (AED 916 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 15 October 2024.

Questions about 712, Time 1 (Arabian Gate 1)

What did unit 712 last sell for?

AED 1,470,000 on 15 October 2024: AED 916 per sqft for 1,603 sqft. The unit has 4 registered sales; the first was AED 650,000 in May 2021.

What is the rent for unit 712?

AED 105,000 a year on the contract signed on 22 April 2024.

How big is unit 712?

1,603 sqft (148.9 sqm): a three-bedroom apartment on the 7th floor of a 13-storey tower completed in 2022.

What is unit 712 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 712, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 1.47M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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