Unit 507, Time 1: what it sold for and what it is worth now

Unit 507 at Time 1 is a studio of 339 sq ft. It last sold for AED 320,000 on 2 May 2024. At AED 1,350 per sq ft, from 6 sales of units ending 07 (same position in the tower), it is worth about AED 457,000 today.

Value todayAED 457,000AED 442,000 to AED 470,000
Last saleAED 320,0002 May 2024 · Resale
Change since last sale+42.8%Building trend alone: AED 404,550
Rent (median asking, studio)AED 38,000Gross yield 8.3%
Bedroomsstudio
Size339 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingTime 1 by Time Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 507

DatePriceSizeAED/sq ftType
2 May 2024AED 320,000339 sq ft944Resale
13 Apr 2021AED 285,000339 sq ft841Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60728 Jul 2026AED 450,000339 sq ft1,327Resale
30721 May 2026AED 380,000339 sq ft1,121Resale
20729 Apr 2026AED 430,000309 sq ft1,392Resale
10710 Feb 2026AED 465,000339 sq ft1,372Resale
13072 Jun 2025AED 430,000309 sq ft1,392Resale
20722 Nov 2024AED 400,000309 sq ft1,294Resale
80711 Mar 2024AED 400,000339 sq ft1,180Resale
6071 Mar 2024AED 355,000339 sq ft1,047Resale

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 6 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,350). We multiplied it by the size of this unit (339 sq ft). The range uses the middle half of those sales (AED 1,303 to AED 1,387 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 404,550. 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 507 at Time 1 worth?

About AED 457,000 (range AED 442,000 to AED 470,000), based on AED 1,350 per sq ft from registered sales up to 8 Oct 2026.

When did unit 507 last sell?

2 May 2024, for AED 320,000 (resale). It has 2 registered sales.

What rent can unit 507 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 506 · Unit 508