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Studio · 1,337 sqftK1 Residence, Dubailand Residence Complex · 1st floor · completed 2021

115, K1 Residence

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 350K16 October 2023
Current rentAED 42K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, K1 Residence

What is 115 worth today?

Last sold for AED 350,000 in 2023

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1 Dec 2025RentedNew contract
AED 42,000/yr12 months · AED 31 per sqft
15 Jan 2025RentedNew contract
AED 41,000/yr12 months · AED 31 per sqft
15 Jan 2025RentedNew contract
AED 41,000/yr12 months · AED 31 per sqft
16 Oct 2023Sold by developerReady
AED 350,000AED 261 per sqft
24 Jun 2022RentedNew contract
AED 23,000/yr13 months · AED 17 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
1,337 sqft
Floor
1st of 6
Parking
B-15
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 350K · October 2023
Building
K1 Residence

About 115, K1 Residence

115 is a studio of 1,337 sqft on the 1st floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 16 October 2023 for AED 350,000, or AED 261 per sqft, 61% below the AED 673 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 December 2025, is AED 42,000 a year: a gross yield of 12.0% on the 2023 price.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical studio in K1 Residence
300K400K2018202120242027Typical sale price by year: 2018 AED 333,487; 2019 AED 260,000; 2022 AED 290,000; 2023 AED 330,000; 2024 AED 345,000; 2025 AED 375,000; 2026 AED 410,000Sold by developer, October 2023: AED 350,000 (AED 261 per sqft)

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

Rents
Unit 115, each contractTypical studio in K1 Residence
20K30K40K202220242026Typical rent by year: 2022 AED 20,500; 2023 AED 24,000; 2024 AED 32,000; 2025 AED 35,000; 2026 AED 35,250New contract, June 2022: AED 23,000 a yearNew contract, January 2025: AED 41,000 a yearNew contract, January 2025: AED 41,000 a yearNew contract, December 2025: AED 42,000 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 115 sits

All 107 studios →

115 last sold in October 2023 at AED 261 per sqft, 61% below what studios in K1 Residence were fetching at the time (AED 673). Over the last 12 months studios sold for AED 375,000 to 470,000, around AED 954 per sqft, and rent for AED 28,665 to 60,000 a year. 115's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Sep 2026410,000
24 Sep 2026375,000
18 Sep 2026430,000
3 Sep 2026408,000
8 studio 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. 11 sold in the last 12 months.

Typical price per sqft
AED 953 Up 1.0%
Typical sale
AED 425K
Typical rent
AED 37K /yr
Typical yield
8.5%
K1 Residence, Dubailand Residence Complex: prices, sales and rents →

Other units on the 1st floor

All 143 units in K1 Residence
Value
1011-bedAED 550K · Jun 2024
102StudioAED 418K · Nov 2023
103StudioAED 430K · Jan 2025
1041-bedAED 580K · Apr 2024
105StudioAED 360K · Oct 2024
106StudioAED 325K · Jan 2023
107StudioAED 415K · Sep 2025
1–7 of 22

115, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 16 October 2023 for AED 350,000, or AED 261 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 23,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 12.0%.
  • Studios in K1 Residence sold for AED 375,000–470,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 115, K1 Residence

What did unit 115 last sell for?

AED 350,000 on 16 October 2023, sold by the developer: AED 261 per sqft for 1,337 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 42,000 a year on the contract signed on 1 December 2025. The previous contract, from January 2025, was AED 41,000; the unit has been rented since June 2022.

How big is unit 115?

1,337 sqft (124.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2021.

What is unit 115 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 375,000 to 470,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 115, K1 Residence

Starts from the last sale price (AED 350K, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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