Unit 116, Time 1: what it sold for and what it is worth now

Unit 116 at Time 1 is a studio of 307 sq ft. It last sold for AED 289,000 on 27 Sep 2022. At AED 1,279 per sq ft, from 23 sales in the building in the last 12 months (studio), it is worth about AED 393,000 today.

Value todayAED 393,000AED 355,000 to AED 440,000
Last saleAED 289,00027 Sep 2022 · Off-plan
Change since last sale+36.0% 
Rent (median asking, studio)AED 38,000Gross yield 9.7%
Bedroomsstudio
Size307 sq ft
Floor1 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingTime 1 by Time Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 116

DatePriceSizeAED/sq ftType
27 Sep 2022AED 289,000307 sq ft941Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
61610 Feb 2023AED 295,000307 sq ft961Off-plan
13163 Jun 2022AED 295,000307 sq ft961Off-plan
51622 Mar 2022AED 299,000307 sq ft974Off-plan
121616 Feb 2022AED 297,000307 sq ft967Off-plan
101625 Jan 2022AED 297,000307 sq ft967Off-plan
111624 Jan 2022AED 285,000307 sq ft928Off-plan
31621 Nov 2021AED 292,000307 sq ft951Off-plan
81611 Nov 2021AED 292,000307 sq ft951Off-plan

Latest studio sales in Time 1

UnitDatePriceSizeAED/sq ftType
7118 Oct 2026AED 415,000391 sq ft1,061Resale
120321 Aug 2026AED 470,000300 sq ft1,567Resale
60728 Jul 2026AED 450,000339 sq ft1,327Resale
121317 Jul 2026AED 500,000391 sq ft1,279Resale
130829 Jun 2026AED 470,000307 sq ft1,531Resale
30721 May 2026AED 380,000339 sq ft1,121Resale
20729 Apr 2026AED 430,000309 sq ft1,392Resale
2133 Apr 2026AED 370,000391 sq ft946Resale

How we worked out the value

We took the 23 sales in Time 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,279). We multiplied it by the size of this unit (307 sq ft). The range uses the middle half of those sales (AED 1,155 to AED 1,433 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 8 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 116 at Time 1 worth?

About AED 393,000 (range AED 355,000 to AED 440,000), based on AED 1,279 per sq ft from registered sales up to 8 Oct 2026.

When did unit 116 last sell?

27 Sep 2022, for AED 289,000 (off-plan). It has 1 registered sale.

What rent can unit 116 make?

A studio in Time 1 rents for about AED 38,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for Time 1All sales in Time 1

Unit 115 · Unit 117