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ReadyHanded over

Time 1

by Time Properties Wadi Al Safa 5

About Time 1

Time 1 is a residential building by Time Properties, in Wadi Al Safa 5, Dubai. It rises 14 storeys (3 basement levels, a ground floor and 13 floors), built as a concrete structure with internal and external finishes. The project comprises 286 homes.

Key information

Time Properties
Developer
Time Properties
Handover
Q4 2022
Status
Handed over
Location
Wadi Al Safa 5, Dubai
Master project
Dubai Land Residence Complex
Construction started
2017
Number of buildings
1
Number of units
286
Registered with DLD
04 Oct 2017
Escrow bank
Dubai Islamic Bank
Escrow account no.
001582117995401
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2017
  2. Handed over
    Q4 2022

Construction progress

91 inspection photos from the Dubai Land Department. Latest 27 Dec 2023 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
5 Elevators
18 Floors

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
418
Median price
AED 339K
Median price / sqft
AED 874+58%
Off-plan share
72%

Priced 19% below than the Wadi Al Safa 5 median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio299330 sqftAED 322KAED 984
1 Bed78598 sqftAED 496KAED 828
3 Bed411,605 sqftAED 987KAED 615

Price per sqft by year

+58% since 2021

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
24 Aug 2026Resale300 sqftAED 470KAED 2K
21 Aug 2026Resale1,603 sqftAED 2.0MAED 1K
28 Jul 2026Resale339 sqftAED 450KAED 1K
17 Jul 2026Resale391 sqftAED 500KAED 1K
09 Jul 2026Resale1,603 sqftAED 1.6MAED 998
30 Jun 2026Resale307 sqftAED 470KAED 2K
25 May 2026Resale1,611 sqftAED 1.6MAED 962
21 May 2026Resale339 sqftAED 380KAED 1K

Unit mix

286 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Studio208294 - 394 sqft
1 B/R52600 - 601 sqft
3 B/R261,603 - 1,611 sqft

Payment plan

Payment plans are set by Time Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Wadi Al Safa 5, Dubai.

Wadi Al Safa 5

Dubai, United Arab Emirates

Frequently asked questions

Time 1 has already been handed over (Q4 2022), according to Dubai Land Department records.

Other new projects in Wadi Al Safa 5

More off-plan launches around Wadi Al Safa 5.

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Handover Q4 2022100% complete

Time 1

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