Studio · 307 sqftTime 1 (Arabian Gate 1), Dubailand Residence Complex · 6th floor · completed 2022

616, Time 1 (Arabian Gate 1)

Sold prices and rental history: sold twice, last in February 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 13 April 2025
Last soldAED 295K10 February 2023
Current rentAED 37K /yr13 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Time 1 (Arabian Gate 1)

What is 616 worth today?

Last sold for AED 295,000 in 2023

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13 Apr 2025RentedRenewal
AED 36,500/yr12 months · AED 119 per sqft
13 Apr 2024RentedNew contract
AED 34,000/yr12 months · AED 111 per sqft
10 Feb 2023SoldOff-plan
AED 295,000AED 959 per sqft
6 Oct 2021Sold by developerOff-plan
AED 265,000AED 862 per sqft

Source: Dubai Land Department. Updated 13 April 2025.

Key facts

Type
Studio apartment
Size
307 sqft
Floor
6th of 13
Parking
1
Developer
Time Properties
Completed
2022
Last sold
AED 295K · February 2023

About 616, Time 1 (Arabian Gate 1)

616 is a studio of 307 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 10 February 2023 for AED 295,000, or AED 959 per sqft, 3% above the AED 928 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 13 April 2025, is AED 36,500 a year: a gross yield of 12.4% on the 2023 price.

Sales and rents for 616 over time

Sales
Unit 616, 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, October 2021: AED 265,000 (AED 862 per sqft)Sold, February 2023: AED 295,000 (AED 959 per sqft)

616 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 616, each contractTypical studio in Time 1 (Arabian Gate 1)
35K38K2024202520262027Typical rent by year: 2024 AED 35,000; 2025 AED 37,000; 2026 AED 38,500New contract, April 2024: AED 34,000 a yearRenewal, April 2025: AED 36,500 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 616 sits

All 197 studios →

616 last sold in February 2023 at AED 959 per sqft, 3% above what studios in Time 1 (Arabian Gate 1) were fetching at the time (AED 928). 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. 616's AED 36,500 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

616, Time 1 (Arabian Gate 1) in numbers

  • Sold twice: first on 6 October 2021 for AED 265,000, last on 10 February 2023 for AED 295,000 (AED 959 per sqft).
  • Rented since April 2024 on 2 Ejari contracts, from AED 34,000 to AED 36,500 a year.
  • At AED 36,500 a year the gross yield on the 2023 price is 12.4%.
  • 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: Dubai Land Department. Updated 13 April 2025.

Questions about 616, Time 1 (Arabian Gate 1)

What did unit 616 last sell for?

AED 295,000 on 10 February 2023: AED 959 per sqft for 307 sqft. The unit has 2 registered sales; the first was AED 265,000 in October 2021.

What is the rent for unit 616?

AED 36,500 a year on the contract renewed on 13 April 2025. The previous contract, from April 2024, was AED 34,000.

How big is unit 616?

307 sqft (28.5 sqm): a studio on the 6th floor of a 13-storey tower completed in 2022.

What is unit 616 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 616, Time 1 (Arabian Gate 1)

Starts from the last sale price (AED 295K, 10 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 295,000
Deposit, UAE resident (20%)
AED 59,000
Deposit, non-resident (40%)
AED 118,000
Monthly over 25 years at 3.7%
AED 1,207

Plus AED 15,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →