615, K1 Residence
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, K1 Residence
What is 615 worth today?
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Source: Dubai Land Department. Updated 30 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- 6th of 6
- Parking
- P-45
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Last sold
- AED 275K · July 2022
- Building
- K1 Residence
About 615, K1 Residence
615 is a studio of 450 sqft on the 6th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 18 July 2022 for AED 275,000, or AED 610 per sqft, 7% below the AED 657 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 30 July 2023, is AED 26,000 a year: a gross yield of 9.4% on the 2022 price.
Sales and rents for 615 over time
615 has sold once; the dashed line is the studio median of each year in the building.
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 615 sits
All 103 studios →615 last sold in July 2022 at AED 610 per sqft, 7% below what studios in K1 Residence were fetching at the time (AED 657). 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. 615's AED 26,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 431 sqft | 470,000 | 1,091 | ||
| 10 Jul 202510 July 2025 | 433 sqft | 300,000 | 692 | ||
| 17 Jun 202517 June 2025 | 380 sqft | 375,000 | 985 | ||
| 20 May 202520 May 2025 | 433 sqft | 385,000 | 888 |
K1 Residence
Building143 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%
Other units on the 6th floor
All 143 units in K1 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 794 sqft | AED 565KAED 565,000 · Aug 2022August 2022 | ||
| 602 | Studio | 433 sqft | AED 300KAED 300,000 · Jul 2025July 2025 | 29,081 /yr | |
| 603 | Studio | 365 sqft | AED 320KAED 320,000 · Dec 2024December 2024 | 37,000 /yr | |
| 604 | 1-bed | 776 sqft | AED 477KAED 476,710 · Jun 2024June 2024 | 36,000 /yr | |
| 605 | Studio | 380 sqft | AED 260KAED 260,000 · May 2019May 2019 | 32,000 /yr | |
| 606 | Studio | 379 sqft | AED 260KAED 260,000 · May 2019May 2019 | 34,000 /yr | |
| 607 | Studio | 379 sqft | AED 260KAED 260,000 · May 2019May 2019 | 33,000 /yr | |
| 608 | Studio | 378 sqft | AED 260KAED 260,000 · May 2019May 2019 | 20,000 /yr | |
| 609 | 1-bed | 759 sqft | AED 530KAED 530,000 · Jul 2022July 2022 | 57,000 /yr | |
| 610 | Studio | 450 sqft | AED 345KAED 345,000 · Sep 2022September 2022 | ||
| 611 | Studio | 431 sqft | AED 250KAED 250,000 · May 2019May 2019 | 31,000 /yr | |
| 612 | Studio | 428 sqft | AED 285KAED 285,000 · Mar 2019March 2019 | 30,000 /yr | |
| 613 | Studio | 428 sqft | AED 375KAED 374,856 · Jul 2022July 2022 | ||
| 614 | Studio | 431 sqft | AED 290KAED 290,000 · Jan 2023January 2023 | 32,000 /yr | |
| 616 | 1-bed | 757 sqft | AED 534KAED 534,141 · Sep 2022September 2022 | ||
| 617 | Studio | 380 sqft | AED 260KAED 260,000 · Aug 2022August 2022 | ||
| 618 | Studio | 379 sqft | AED 290KAED 290,000 · Oct 2022October 2022 | 36,000 /yr | |
| 619 | Studio | 379 sqft | AED 260KAED 260,000 · Jun 2019June 2019 | 23,000 /yr | |
| 620 | Studio | 380 sqft | AED 250KAED 250,000 · May 2019May 2019 | 39,000 /yr | |
| 621 | 1-bed | 777 sqft | AED 552KAED 551,750 · Aug 2022August 2022 | 53,000 /yr | |
| 622 | Studio | 365 sqft | AED 250KAED 250,000 · May 2019May 2019 | 27,300 /yr | |
| 623 | Studio | 433 sqft | AED 385KAED 385,000 · May 2025May 2025 | 34,903 /yr | |
| 624 | 1-bed | 794 sqft | AED 565KAED 565,000 · Dec 2022December 2022 | 40,000 /yr |
615, K1 Residence in numbers
- Sold once: by Arabian Gulf Properties on 18 July 2022 for AED 275,000, or AED 610 per sqft.
- Rented since July 2022 on 2 Ejari contracts, from AED 23,000 to AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2022 price is 9.4%.
- 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 30 July 2023.
Questions about 615, K1 Residence
What did unit 615 last sell for?
AED 275,000 on 18 July 2022, sold by the developer: AED 610 per sqft for 450 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 26,000 a year on the contract renewed on 30 July 2023. The previous contract, from July 2022, was AED 23,000.
How big is unit 615?
450 sqft (41.8 sqm): a studio on the 6th floor of a 6-storey tower completed in 2021.
What is unit 615 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 615, K1 Residence
Starts from the last sale price (AED 275K, 18 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →