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Studio · 392 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 6th floor · completed 2022

613, Time 1 (Arabian Gate 1)

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 290K2 November 2022
Current rentAED 38K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Time 1 (Arabian Gate 1)

What is 613 worth today?

Last sold for AED 290,000 in 2022

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7 May 2024RentedNew contract
AED 38,000/yr12 months · AED 97 per sqft
2 Nov 2022Sold by developerOff-plan
AED 290,000AED 740 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
6th of 13
Parking
1
Developer
Time Properties
Completed
2022
Last sold
AED 290K · November 2022
Building
Time 1 (Arabian Gate 1)

About 613, Time 1 (Arabian Gate 1)

613 is a studio of 392 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. The developer sold it on 2 November 2022 for AED 290,000, or AED 740 per sqft, 22% below the AED 949 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2024. The current contract, signed on 7 May 2024, is AED 38,000 a year: a gross yield of 13.1% on the 2022 price.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical studio in Time 1 (Arabian Gate 1)
300K400K500K2021202320252027Typical sale price by year: 2021 AED 265,000; 2022 AED 299,000; 2023 AED 324,000; 2024 AED 362,500; 2025 AED 407,500; 2026 AED 465,000Sold by developer, November 2022: AED 290,000 (AED 740 per sqft)

613 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 613, each contractTypical studio in Time 1 (Arabian Gate 1)
36K38K2024202520262027Typical rent by year: 2024 AED 35,000; 2025 AED 37,000; 2026 AED 38,500New contract, May 2024: AED 38,000 a year

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 613 sits

All 197 studios →

613 last sold in November 2022 at AED 740 per sqft, 22% below what studios in Time 1 (Arabian Gate 1) were fetching at the time (AED 949). Over the last 12 months studios sold for AED 319,353 to 475,000, around AED 1,371 per sqft, and rent for AED 34,000 to 48,000 a year. 613's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026319,353
10 Feb 2026465,000
7 Feb 2026470,000
6 Feb 2026475,000
7 studio 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
6013-bedAED 1.6M · Nov 2024
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
1–7 of 21

613, Time 1 (Arabian Gate 1) in numbers

  • Sold once: by Time Properties on 2 November 2022 for AED 290,000, or AED 740 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 13.1%.
  • Studios in Time 1 (Arabian Gate 1) sold for AED 319,353–475,000 in the 12 months to November 2026; the building's median across all types is AED 1,285 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2024.

Questions about 613, Time 1 (Arabian Gate 1)

What did unit 613 last sell for?

AED 290,000 on 2 November 2022, sold by the developer: AED 740 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 38,000 a year on the contract signed on 7 May 2024.

How big is unit 613?

392 sqft (36.4 sqm): a studio on the 6th floor of a 13-storey tower completed in 2022.

What is unit 613 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 475,000 in the last 12 months, around AED 1,371 per sqft.

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Mortgage on 613, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 290K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

Plus AED 15,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →