3-bed · 1,611 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 6th floor · completed 2022

601, Time 1 (Arabian Gate 1)

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

Unit 601 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.6M28 November 2024
Current rentAED 105K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Time 1 (Arabian Gate 1)

What is 601 worth today?

Last sold for AED 1,600,000 in 2024

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28 Nov 2024SoldReady
AED 1,600,000AED 992 per sqft
1 May 2024RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
6 May 2021Sold by developerOff-plan
AED 650,000AED 404 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
3-bed apartment
Size
1,611 sqft
Floor
6th of 13
Parking
B3-60
Developer
Time Properties
Completed
2022
Last sold
AED 1.6M · November 2024

About 601, Time 1 (Arabian Gate 1)

601 is a three-bedroom apartment of 1,611 sqft on the 6th 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 28 November 2024 for AED 1,600,000, or AED 992 per sqft, 31% above the AED 760 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 105,000 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in Time 1 (Arabian Gate 1)
500K1M1.5M202120232025Typical sale price by year: 2021 AED 722,000; 2022 AED 953,345; 2023 AED 945,000; 2024 AED 1,277,500Sold by developer, May 2021: AED 650,000 (AED 404 per sqft)Sold, November 2024: AED 1,600,000 (AED 992 per sqft)

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

Rents
Unit 601, each contractTypical three-bed in Time 1 (Arabian Gate 1)
105K108K110K202420252026Typical rent by year: 2024 AED 105,000; 2025 AED 110,000New contract, May 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 601 sits

All 26 3-beds →

601 last sold in November 2024 at AED 992 per sqft, 31% above what three-beds in Time 1 (Arabian Gate 1) were fetching at the time (AED 760).

Recent 3-bed salesUnit no.Price (AED)Summary
7 Nov 20241,350,000
15 Oct 20241,470,000
9 May 20241,330,000
6 Apr 20241,190,000
0 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. 8 sold in the last 12 months.

Typical price per sqft
AED 1,285
Typical sale
AED 458K
Typical rent
AED 42K /yr
Typical yield
9.6%
Time 1 (Arabian Gate 1), Dubailand Residence Complex: prices, sales and rents →

Other units on the 6th floor

All 286 units in Time 1 (Arabian Gate 1)
Value
602StudioAED 332K · Oct 2022
603StudioAED 265K · Nov 2021
6041-bedAED 460K · Jan 2022
605StudioAED 265K · Aug 2021
606StudioAED 357K · Apr 2024
607StudioAED 355K · Mar 2024
608StudioAED 320K · Oct 2023
1–7 of 21

601, Time 1 (Arabian Gate 1) in numbers

  • Sold twice: first on 6 May 2021 for AED 650,000, last on 28 November 2024 for AED 1,600,000 (AED 992 per sqft).
  • Rented since May 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 6.6%.

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 601, Time 1 (Arabian Gate 1)

What did unit 601 last sell for?

AED 1,600,000 on 28 November 2024: AED 992 per sqft for 1,611 sqft. The unit has 2 registered sales; the first was AED 650,000 in May 2021.

What is the rent for unit 601?

AED 105,000 a year on the contract signed on 1 May 2024.

How big is unit 601?

1,611 sqft (149.7 sqm): a three-bedroom apartment on the 6th floor of a 13-storey tower completed in 2022.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 601, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 1.6M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →