Unit 502, Time 1: what it sold for and what it is worth now

Unit 502 at Time 1 is a studio of 394 sq ft. It last sold for AED 309,000 on 21 Dec 2022. At AED 1,168 per sq ft, from 3 sales of units ending 02 (same position in the tower), it is worth about AED 460,000 today.

Value todayAED 460,000AED 420,000 to AED 478,000
Last saleAED 309,00021 Dec 2022 · Off-plan
Change since last sale+48.9% 
Rent (median asking, studio)AED 38,000Gross yield 8.3%
Bedroomsstudio
Size394 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingTime 1 by Time Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
21 Dec 2022AED 309,000394 sq ft784Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80213 Mar 2026AED 460,000394 sq ft1,168Resale
3027 Mar 2025AED 495,000394 sq ft1,256Resale
10211 Feb 2025AED 380,000394 sq ft964Resale
30230 May 2024AED 375,000394 sq ft952Resale
110218 Jan 2024AED 390,000394 sq ft990Off-plan
2029 Dec 2022AED 339,000394 sq ft860Off-plan
10223 Nov 2022AED 339,000394 sq ft860Off-plan
3029 Nov 2022AED 309,000394 sq ft784Off-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 3 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,168). We multiplied it by the size of this unit (394 sq ft). The range uses the middle half of those sales (AED 1,066 to AED 1,212 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 502 at Time 1 worth?

About AED 460,000 (range AED 420,000 to AED 478,000), based on AED 1,168 per sq ft from registered sales up to 8 Oct 2026.

When did unit 502 last sell?

21 Dec 2022, for AED 309,000 (off-plan). It has 1 registered sale.

What rent can unit 502 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 501 · Unit 503