Studio · 431 sqftK1 Residence, Dubailand Residence Complex · 5th floor · completed 2021

514, K1 Residence

Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 390K26 December 2024
Current rentAED 27K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, K1 Residence

What is 514 worth today?

Last sold for AED 390,000 in 2024

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26 Dec 2024SoldReady
AED 390,000AED 905 per sqft
27 Sep 2024SoldReady
AED 325,000AED 754 per sqft
1 Jul 2024RentedRenewal
AED 27,000/yr12 months · AED 63 per sqft
25 Aug 2022Sold by developerReady
AED 290,000AED 673 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
5th of 6
Parking
P-20
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 390K · December 2024
Building
K1 Residence

About 514, K1 Residence

514 is a studio of 431 sqft on the 5th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. It last sold on 26 December 2024 for AED 390,000, or AED 905 per sqft, 22% above the AED 743 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2024. The current contract, renewed on 1 July 2024, is AED 27,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical studio in K1 Residence
300K400K20182020202220242026Typical sale price by year: 2018 AED 333,487; 2019 AED 260,000; 2022 AED 290,000; 2023 AED 335,000; 2024 AED 342,500; 2025 AED 375,000Sold by developer, August 2022: AED 290,000 (AED 673 per sqft)Sold, September 2024: AED 325,000 (AED 754 per sqft)Sold, December 2024: AED 390,000 (AED 905 per sqft)

514 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 514, each contractTypical studio in K1 Residence
20K30K202220242026Typical rent by year: 2022 AED 21,000; 2023 AED 24,000; 2024 AED 32,000; 2025 AED 34,500; 2026 AED 34,000Renewal, July 2024: AED 27,000 a year

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

Studios in K1 Residence, and where 514 sits

All 103 studios →

514 last sold in December 2024 at AED 905 per sqft, 22% above what studios in K1 Residence were fetching at the time (AED 743). Over the last 12 months studios sold for AED 470,000, around AED 1,091 per sqft, and rent for AED 30,360 to 60,000 a year. 514's AED 27,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Dec 2025470,000
10 Jul 2025300,000
17 Jun 2025375,000
20 May 2025385,000
1 studio sale 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 5th floor

All 143 units in K1 Residence
Value
5011-bedAED 598K · Jul 2022
502StudioAED 319K · Jul 2022
503StudioAED 250K · May 2019
504AED 700K · Nov 2025
505StudioAED 333K · Aug 2018
506StudioAED 333K · May 2018
507StudioAED 333K · Feb 2018
1–7 of 23

514, K1 Residence in numbers

  • Sold 3 times: first on 25 August 2022 for AED 290,000, last on 26 December 2024 for AED 390,000 (AED 905 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2024 price is 6.9%.
  • Studios in K1 Residence sold for AED 470,000–470,000 in the 12 months to November 2026; the building's median across all types is AED 932 per sqft.

Source: Dubai Land Department. Updated 26 December 2024.

Questions about 514, K1 Residence

What did unit 514 last sell for?

AED 390,000 on 26 December 2024: AED 905 per sqft for 431 sqft. The unit has 3 registered sales; the first was AED 290,000 in August 2022.

What is the rent for unit 514?

AED 27,000 a year on the contract renewed on 1 July 2024.

How big is unit 514?

431 sqft (40.0 sqm): a studio on the 5th floor of a 6-storey tower completed in 2021.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in K1 Residence sold for AED 470,000 to 470,000 in the last 12 months, around AED 1,091 per sqft.

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Mortgage on 514, K1 Residence

Starts from the last sale price (AED 390K, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →