Studio · 379 sqftK1 Residence, Dubailand Residence Complex · 6th floor · completed 2021

618, K1 Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 290K28 October 2022
Current rentAED 36K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, K1 Residence

What is 618 worth today?

Last sold for AED 290,000 in 2022

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1 May 2024RentedNew contract
AED 36,000/yr12 months · AED 95 per sqft
2 Nov 2023RentedRenewal
AED 28,000/yr12 months · AED 74 per sqft
2 Nov 2022RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft
28 Oct 2022Sold by developerReady
AED 290,000AED 764 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
6th of 6
Parking
P-48
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 290K · October 2022
Building
K1 Residence

About 618, K1 Residence

618 is a studio of 379 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 28 October 2022 for AED 290,000, or AED 764 per sqft, 12% above the AED 680 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 May 2024, is AED 36,000 a year: a gross yield of 12.4% on the 2022 price.

Sales and rents for 618 over time

Sales
Unit 618, each saleTypical studio in K1 Residence
300K20182020202220242026Typical 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, October 2022: AED 290,000 (AED 764 per sqft)

618 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 618, 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 34,000New contract, November 2022: AED 26,000 a yearRenewal, November 2023: AED 28,000 a yearNew contract, May 2024: AED 36,000 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 618 sits

All 103 studios →

618 last sold in October 2022 at AED 764 per sqft, 12% above what studios in K1 Residence were fetching at the time (AED 680). 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. 618's AED 36,000 is in the lower half 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 6th floor

All 143 units in K1 Residence
Value
6011-bedAED 565K · Aug 2022
602StudioAED 300K · Jul 2025
603StudioAED 320K · Dec 2024
6041-bedAED 477K · Jun 2024
605StudioAED 260K · May 2019
606StudioAED 260K · May 2019
607StudioAED 260K · May 2019
1–7 of 23

618, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 28 October 2022 for AED 290,000, or AED 764 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 26,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2022 price is 12.4%.
  • 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 1 May 2024.

Questions about 618, K1 Residence

What did unit 618 last sell for?

AED 290,000 on 28 October 2022, sold by the developer: AED 764 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 36,000 a year on the contract signed on 1 May 2024. The previous contract, from November 2023, was AED 28,000; the unit has been rented since November 2022.

How big is unit 618?

379 sqft (35.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2021.

What is unit 618 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 618, K1 Residence

Starts from the last sale price (AED 290K, 28 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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