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1-bed · 794 sqftK1 Residence, Dubailand Residence Complex · 2nd floor · completed 2021

224, K1 Residence

Sold prices and rental history: sold twice, last in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 450K27 December 2022
Current rentAED 54K /yr7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, K1 Residence

What is 224 worth today?

Last sold for AED 450,000 in 2022

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7 Jan 2025RentedNew contract
AED 54,000/yr12 months · AED 68 per sqft
17 Jan 2023RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
17 Jan 2023RentedNew contract
AED 36,500/yr12 months · AED 46 per sqft
27 Dec 2022SoldReady
AED 450,000AED 566 per sqft
30 Aug 2022Sold by developerReady
AED 560,792AED 706 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
2nd of 6
Parking
B-48
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 450K · December 2022
Building
K1 Residence

About 224, K1 Residence

224 is a one-bedroom apartment of 794 sqft on the 2nd floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. It last sold on 27 December 2022 for AED 450,000, or AED 566 per sqft, 20% below the AED 705 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 7 January 2025, is AED 54,000 a year: a gross yield of 12.0% on the 2022 price.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical one-bed in K1 Residence
400K600K20222023202420252026Typical sale price by year: 2022 AED 550,544; 2024 AED 545,000; 2025 AED 730,000Sold by developer, August 2022: AED 560,792 (AED 706 per sqft)Sold, December 2022: AED 450,000 (AED 566 per sqft)

224 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 224, each contractTypical one-bed in K1 Residence
40K50K20222023202420252026Typical rent by year: 2022 AED 35,000; 2023 AED 38,500; 2024 AED 43,000; 2025 AED 54,000Renewal, January 2023: AED 40,000 a yearNew contract, January 2023: AED 36,500 a yearNew contract, January 2025: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in K1 Residence, and where 224 sits

All 34 1-beds →

224 last sold in December 2022 at AED 566 per sqft, 20% below what one-beds in K1 Residence were fetching at the time (AED 705). Over the last 12 months one-beds sold for AED 740,000, around AED 653 per sqft, and rent for AED 50,000 to 65,000 a year. 224's AED 54,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 2026740,000
19 Dec 2025740,000
20 Jun 2025610,000
20 May 2025730,000
2 1-bed sales in the last 12 months

K1 Residence

Building

143 apartments, studios to 1-bed over 6 floors in Dubailand Residence Complex, completed in 2021 by Arabian Gulf Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 932
Typical sale
AED 740K
Typical rent
AED 39K /yr
Typical yield
8.7%
K1 Residence, Dubailand Residence Complex: prices, sales and rents →

Other units on the 2nd floor

All 143 units in K1 Residence
Value
2011-bedAED 570K · Jan 2024
202StudioAED 600K · Dec 2024
203StudioAED 334K · Oct 2018
2041-bedAED 536K · Aug 2022
205StudioAED 334K · Jan 2018
206StudioAED 333K · Jan 2018
207StudioAED 333K · Jan 2018
1–7 of 23

224, K1 Residence in numbers

  • Sold twice: first on 30 August 2022 for AED 560,792, last on 27 December 2022 for AED 450,000 (AED 566 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 36,500 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2022 price is 12.0%.
  • One-beds in K1 Residence sold for AED 740,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 932 per sqft.

Source: Dubai Land Department. Updated 7 January 2025.

Questions about 224, K1 Residence

What did unit 224 last sell for?

AED 450,000 on 27 December 2022: AED 566 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 560,792 in August 2022.

What is the rent for unit 224?

AED 54,000 a year on the contract signed on 7 January 2025. The previous contract, from January 2023, was AED 40,000; the unit has been rented since January 2023.

How big is unit 224?

794 sqft (73.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 224 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in K1 Residence sold for AED 740,000 to 740,000 in the last 12 months, around AED 653 per sqft.

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Mortgage on 224, K1 Residence

Starts from the last sale price (AED 450K, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →