Unit 408, Time 1: what it sold for and what it is worth now

Unit 408 at Time 1 is a studio of 336 sq ft. It last sold for AED 265,000 on 1 Aug 2021. At AED 1,369 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 460,000 today.

Value todayAED 460,000AED 415,000 to AED 503,000
Last saleAED 265,0001 Aug 2021 · Off-plan
Change since last sale+73.6% 
Rent (median asking, studio)AED 38,000Gross yield 8.3%
Bedroomsstudio
Size336 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingTime 1 by Time Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
1 Aug 2021AED 265,000336 sq ft789Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130829 Jun 2026AED 470,000307 sq ft1,531Resale
1087 Feb 2026AED 470,000316 sq ft1,487Resale
50825 Dec 2025AED 400,000336 sq ft1,190Resale
30827 Nov 2024AED 420,000336 sq ft1,250Resale
7086 Jun 2024AED 350,000336 sq ft1,042Resale
90824 Oct 2023AED 325,000336 sq ft967Off-plan
6084 Oct 2023AED 320,000336 sq ft952Off-plan
30818 Sep 2023AED 365,000336 sq ft1,086Off-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 4 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,369). We multiplied it by the size of this unit (336 sq ft). The range uses the middle half of those sales (AED 1,235 to AED 1,498 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 408 at Time 1 worth?

About AED 460,000 (range AED 415,000 to AED 503,000), based on AED 1,369 per sq ft from registered sales up to 8 Oct 2026.

When did unit 408 last sell?

1 Aug 2021, for AED 265,000 (off-plan). It has 1 registered sale.

What rent can unit 408 make?

A studio in Time 1 rents for about AED 38,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for Time 1All sales in Time 1

Unit 407 · Unit 409