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Studio · 484 sqftK1 Residence, Dubailand Residence Complex · 1st floor · completed 2021

118, K1 Residence

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

Unit 118 · DLD and Ejari recordsUpdated 28 June 2026
Last soldAED 300K15 January 2025
Current rentAED 36K /yr28 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, K1 Residence

What is 118 worth today?

Last sold for AED 300,000 in 2025

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28 Jun 2026RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
25 Jul 2025RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
15 Jan 2025SoldReady
AED 300,000AED 620 per sqft
25 Jul 2024RentedNew contract
AED 28,500/yr12 months · AED 59 per sqft
28 Sep 2023Sold by developerReady
AED 275,000AED 568 per sqft
25 Jul 2023RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
25 Jul 2022RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 28 June 2026.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
1st of 6
Parking
B-18
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 300K · January 2025
Building
K1 Residence

About 118, K1 Residence

118 is a studio of 484 sqft on the 1st floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. It last sold on 15 January 2025 for AED 300,000, or AED 620 per sqft, 17% below the AED 743 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 June 2026, is AED 36,000 a year: a gross yield of 12.0% on the 2025 price.

Sales and rents for 118 over time

Sales
Unit 118, 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, September 2023: AED 275,000 (AED 568 per sqft)Sold, January 2025: AED 300,000 (AED 620 per sqft)

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

Rents
Unit 118, each contractTypical studio in K1 Residence
20K30K202220242026Typical rent by year: 2022 AED 20,500; 2023 AED 24,000; 2024 AED 32,000; 2025 AED 35,000; 2026 AED 35,250New contract, July 2022: AED 23,000 a yearRenewal, July 2023: AED 25,000 a yearNew contract, July 2024: AED 28,500 a yearNew contract, July 2025: AED 35,000 a yearNew contract, June 2026: 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 118 sits

All 107 studios →

118 last sold in January 2025 at AED 620 per sqft, 17% below what studios in K1 Residence were fetching at the time (AED 743). 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. 118's AED 36,000 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

118, K1 Residence in numbers

  • Sold twice: first on 28 September 2023 for AED 275,000, last on 15 January 2025 for AED 300,000 (AED 620 per sqft).
  • Rented since July 2022 on 5 Ejari contracts, from AED 23,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2025 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 28 June 2026.

Questions about 118, K1 Residence

What did unit 118 last sell for?

AED 300,000 on 15 January 2025: AED 620 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 275,000 in September 2023.

What is the rent for unit 118?

AED 36,000 a year on the contract signed on 28 June 2026. The previous contract, from July 2025, was AED 35,000; the unit has been rented since July 2022.

How big is unit 118?

484 sqft (45.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2021.

What is unit 118 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 118, K1 Residence

Starts from the last sale price (AED 300K, 15 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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