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Studio · 433 sqftK1 Residence, Dubailand Residence Complex · 6th floor · completed 2021

623, K1 Residence

Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 385K20 May 2025
Current rentAED 35K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, K1 Residence

What is 623 worth today?

Last sold for AED 385,000 in 2025

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20 May 2025SoldReady
AED 385,000AED 888 per sqft
1 Sep 2023RentedNew contract
AED 34,903/yr12 months · AED 81 per sqft
28 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 78 per sqft
23 Sep 2022Sold by developerReady
AED 345,000AED 796 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
6th of 6
Parking
P-53
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 385K · May 2025
Building
K1 Residence

About 623, K1 Residence

623 is a studio of 433 sqft on the 6th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. It last sold on 20 May 2025 for AED 385,000, or AED 888 per sqft, in line with the AED 888 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 September 2023, is AED 34,903 a year: a gross yield of 9.1% on the 2025 price.

Sales and rents for 623 over time

Sales
Unit 623, 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, September 2022: AED 345,000 (AED 796 per sqft)Sold, May 2025: AED 385,000 (AED 888 per sqft)

623 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 623, 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, December 2022: AED 34,000 a yearNew contract, September 2023: AED 34,903 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 623 sits

All 103 studios →

623 last sold in May 2025 at AED 888 per sqft, in line with what studios in K1 Residence were fetching at the time (AED 888). 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. 623's AED 34,903 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
19 May 2025370,000
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

623, K1 Residence in numbers

  • Sold twice: first on 23 September 2022 for AED 345,000, last on 20 May 2025 for AED 385,000 (AED 888 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, from AED 34,000 to AED 34,903 a year.
  • At AED 34,903 a year the gross yield on the 2025 price is 9.1%.
  • 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 20 May 2025.

Questions about 623, K1 Residence

What did unit 623 last sell for?

AED 385,000 on 20 May 2025: AED 888 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 345,000 in September 2022.

What is the rent for unit 623?

AED 34,903 a year on the contract signed on 1 September 2023. The previous contract, from December 2022, was AED 34,000.

How big is unit 623?

433 sqft (40.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2021.

What is unit 623 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 623, K1 Residence

Starts from the last sale price (AED 385K, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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