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Studio · 379 sqftK1 Residence, Dubailand Residence Complex · 3rd floor · completed 2021

306, K1 Residence

Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 333K8 October 2018
Current rentAED 32K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, K1 Residence

What is 306 worth today?

Last sold for AED 333,487 in 2018

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5 Apr 2024RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
20 Mar 2023RentedRenewal
AED 24,000/yr12 months · AED 64 per sqft
20 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 53 per sqft
8 Oct 2018Sold by developerOff-plan
AED 333,487AED 879 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
3rd of 6
Parking
B-54
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 333K · October 2018
Building
K1 Residence

About 306, K1 Residence

306 is a studio of 379 sqft on the 3rd floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 8 October 2018 for AED 333,487, or AED 879 per sqft, in line with the AED 878 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 April 2024, is AED 32,000 a year: a gross yield of 9.6% on the 2018 price.

Sales and rents for 306 over time

Sales
Unit 306, 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 2018: AED 333,487 (AED 879 per sqft)

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

Rents
Unit 306, 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, March 2022: AED 20,000 a yearRenewal, March 2023: AED 24,000 a yearNew contract, April 2024: AED 32,000 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 306 sits

All 107 studios →

306 last sold in October 2018 at AED 879 per sqft, in line with what studios in K1 Residence were fetching at the time (AED 878). 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. 306's AED 32,000 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 3rd floor

All 143 units in K1 Residence
Value
3011-bedAED 588K · Jul 2022
302StudioAED 400K · Apr 2026
303StudioAED 333K · Dec 2018
3041-bedAED 555K · Aug 2022
305StudioAED 334K · Feb 2018
307StudioAED 333K · Feb 2018
308StudioAED 333K · Feb 2018
1–7 of 23

306, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 8 October 2018 for AED 333,487, or AED 879 per sqft.
  • Rented since March 2022 on 3 Ejari contracts, from AED 20,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2018 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 5 April 2024.

Questions about 306, K1 Residence

What did unit 306 last sell for?

AED 333,487 on 8 October 2018, sold by the developer: AED 879 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 32,000 a year on the contract signed on 5 April 2024. The previous contract, from March 2023, was AED 24,000; the unit has been rented since March 2022.

How big is unit 306?

379 sqft (35.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2021.

What is unit 306 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 306, K1 Residence

Starts from the last sale price (AED 333K, 8 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 333,487
Deposit, UAE resident (20%)
AED 66,697
Deposit, non-resident (40%)
AED 133,395
Monthly over 25 years at 3.7%
AED 1,364

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