Time 2: Handover Date & Completion Status

What is being built

Time 2 is a mid-rise residential tower from Time Properties, positioned in Dubai Land Residence Complex (DLRC), the branded community that sits within the Wadi Al Safa 5 registry area of Dubailand. The building is marketed as roughly 20 storeys with a mix of studio, one-, two- and three-bedroom apartments and a single basement parking level. Listing portals put the unit count at around 300 to 340, a range consistent with the DLD registry figure rather than a precise match to it — a common gap between developer marketing collateral and registry filings on Dubai off-plan projects.

The district in practice

DLRC is a roughly 14-million-square-foot mixed-use district bounded by the E66 and E611 corridors, within reach of Academic City, Dubai Outlet Mall and Global Village. It has built its identity as a mid-market, yield-focused pocket of Dubailand rather than a capital-appreciation story: average price per square foot rose to around AED 1,332 through 2025, and area-wide transaction volume has been climbing as first-time buyers and yield-seeking investors move in alongside owner-occupier families. The tenant base leans toward mid-income households and workers tied to the surrounding logistics, education and seasonal-events economy (including Global Village), which is what underpins the area's rental demand rather than any single flagship project.

Time Properties' track record

Time Properties has been active in Dubai for over two decades and lists more than 2,100 delivered units across its portfolio, including Arabian Gates and Silicon Gates. Its most directly comparable project is Time 1, also in DLRC: a 14-storey tower that broke ground in November 2017 and was completed in December 2022, a roughly five-year build cycle. That timeline is a useful reference point for buyers assessing how the developer's stated schedules have historically tracked against actual handover.

Payment and buying context

Time 2 was launched with a 10/90 payment structure — 10% at booking, the balance staged through construction — and an advertised entry price from AED 730,000, positioning it at the affordable end of DLRC's studio and one-bedroom stock.

The handover moment

With completion tracking toward mid-2026, buyers are entering the pre-handover window where snagging, DEWA/Ejari registration and title deed processing become the near-term priorities rather than construction risk. On rents, area-wide listing data for DLRC points to roughly AED 44,000 for studios, AED 61,000 for one-bedrooms, AED 80,000 for two-bedrooms and AED 124,000 for three-bedrooms annually, with gross yields commonly cited in the high single digits — above Dubai's broader apartment average. Those figures describe the district's rental market generally, not Time 2 specifically, since the project has no completed leasing history of its own yet.