Studio · 378 sqftK1 Residence, Dubailand Residence Complex · 4th floor · completed 2021

408, K1 Residence

Sold prices and rental history: sold 3 times, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 315K6 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, K1 Residence

What is 408 worth today?

Last sold for AED 315,000 in 2023

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6 Jul 2023SoldReady
AED 315,000AED 832 per sqft
20 Dec 2022SoldReady
AED 240,000AED 634 per sqft
13 Jun 2018Sold by developerOff-plan
AED 333,487AED 881 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
4th of 6
Parking
G-32
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 315K · July 2023
Building
K1 Residence

About 408, K1 Residence

408 is a studio of 378 sqft on the 4th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. It last sold on 6 July 2023 for AED 315,000, or AED 832 per sqft, 22% above the AED 683 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, 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, June 2018: AED 333,487 (AED 881 per sqft)Sold, December 2022: AED 240,000 (AED 634 per sqft)Sold, July 2023: AED 315,000 (AED 832 per sqft)

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

Rents
Unit 408, 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 35,250

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 408 sits

All 107 studios →

408 last sold in July 2023 at AED 832 per sqft, 22% above what studios in K1 Residence were fetching at the time (AED 683). 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.

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 4th floor

All 143 units in K1 Residence
Value
4011-bedAED 740K · Feb 2026
402StudioAED 285K · Jul 2022
403StudioAED 370K · May 2025
4041-bedAED 550K · Jul 2022
405StudioAED 240K · Dec 2022
406StudioAED 333K · Apr 2018
407StudioAED 345K · Oct 2024
1–7 of 23

408, K1 Residence in numbers

  • Sold 3 times: first on 13 June 2018 for AED 333,487, last on 6 July 2023 for AED 315,000 (AED 832 per sqft).
  • 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 6 July 2023.

Questions about 408, K1 Residence

What did unit 408 last sell for?

AED 315,000 on 6 July 2023: AED 832 per sqft for 378 sqft. The unit has 3 registered sales; the first was AED 333,487 in June 2018.

How big is unit 408?

378 sqft (35.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2021.

What is unit 408 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 408, K1 Residence

Starts from the last sale price (AED 315K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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