Unit 516 at Time 1 is a studio of 307 sq ft. It last sold for AED 299,000 on 22 Mar 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.
| Bedrooms | studio |
|---|---|
| Size | 307 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | Time 1 by Time Properties, handed over 2022 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 22 Mar 2022 | AED 299,000 | 307 sq ft | 974 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 616 | 10 Feb 2023 | AED 295,000 | 307 sq ft | 961 | Off-plan |
| 116 | 27 Sep 2022 | AED 289,000 | 307 sq ft | 941 | Off-plan |
| 1316 | 3 Jun 2022 | AED 295,000 | 307 sq ft | 961 | Off-plan |
| 1216 | 16 Feb 2022 | AED 297,000 | 307 sq ft | 967 | Off-plan |
| 1016 | 25 Jan 2022 | AED 297,000 | 307 sq ft | 967 | Off-plan |
| 1116 | 24 Jan 2022 | AED 285,000 | 307 sq ft | 928 | Off-plan |
| 316 | 21 Nov 2021 | AED 292,000 | 307 sq ft | 951 | Off-plan |
| 816 | 11 Nov 2021 | AED 292,000 | 307 sq ft | 951 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 711 | 8 Oct 2026 | AED 415,000 | 391 sq ft | 1,061 | Resale |
| 1203 | 21 Aug 2026 | AED 470,000 | 300 sq ft | 1,567 | Resale |
| 607 | 28 Jul 2026 | AED 450,000 | 339 sq ft | 1,327 | Resale |
| 1213 | 17 Jul 2026 | AED 500,000 | 391 sq ft | 1,279 | Resale |
| 1308 | 29 Jun 2026 | AED 470,000 | 307 sq ft | 1,531 | Resale |
| 307 | 21 May 2026 | AED 380,000 | 339 sq ft | 1,121 | Resale |
| 207 | 29 Apr 2026 | AED 430,000 | 309 sq ft | 1,392 | Resale |
| 213 | 3 Apr 2026 | AED 370,000 | 391 sq ft | 946 | Resale |
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.
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.
22 Mar 2022, for AED 299,000 (off-plan). It has 1 registered sale.
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.