Home
Dubai prices
About
Research
Studio · 860 sqftK1 Residence, Dubailand Residence Complex · 1st floor · completed 2021

123, K1 Residence

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 11 March 2025
Last soldAED 410K4 February 2025
Current rentAED 39K /yr11 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 123

Property timeline for 123, K1 Residence

What is 123 worth today?

Last sold for AED 410,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Mar 2025RentedNew contract
AED 39,411/yr12 months · AED 46 per sqft
4 Feb 2025SoldReady
AED 410,000AED 476 per sqft
24 Oct 2024SoldReady
AED 487,997AED 567 per sqft
28 Sep 2023Sold by developerReady
AED 275,000AED 319 per sqft
26 Aug 2023RentedNew contract
AED 30,000/yr13 months · AED 35 per sqft
1 Aug 2022RentedNew contract
AED 23,000/yr13 months · AED 27 per sqft

Source: Dubai Land Department. Updated 11 March 2025.

Key facts

Type
Studio apartment
Size
860 sqft
Floor
1st of 6
Parking
B-23
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 410K · February 2025
Building
K1 Residence

About 123, K1 Residence

123 is a studio of 860 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 4 February 2025 for AED 410,000, or AED 476 per sqft, 36% below the AED 743 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 11 March 2025, is AED 39,411 a year: a gross yield of 9.6% on the 2025 price.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical studio in K1 Residence
400K2018202120242027Typical 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 319 per sqft)Sold, October 2024: AED 487,997 (AED 567 per sqft)Sold, February 2025: AED 410,000 (AED 476 per sqft)

123 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 123, 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, August 2022: AED 23,000 a yearNew contract, August 2023: AED 30,000 a yearNew contract, March 2025: AED 39,411 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 123 sits

All 107 studios →

123 last sold in February 2025 at AED 476 per sqft, 36% 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. 123's AED 39,411 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

123, K1 Residence in numbers

  • Sold 3 times: first on 28 September 2023 for AED 275,000, last on 4 February 2025 for AED 410,000 (AED 476 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 23,000 to AED 39,411 a year.
  • At AED 39,411 a year the gross yield on the 2025 price is 9.6%.
  • 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 11 March 2025.

Questions about 123, K1 Residence

What did unit 123 last sell for?

AED 410,000 on 4 February 2025: AED 476 per sqft for 860 sqft. The unit has 3 registered sales; the first was AED 275,000 in September 2023.

What is the rent for unit 123?

AED 39,411 a year on the contract signed on 11 March 2025. The previous contract, from August 2023, was AED 30,000; the unit has been rented since August 2022.

How big is unit 123?

860 sqft (79.9 sqm): a studio on the 1st floor of a 6-storey tower completed in 2021.

What is unit 123 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.

Selling 123? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 123, K1 Residence

Starts from the last sale price (AED 410K, 4 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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