Studio · 433 sqftK1 Residence, Dubailand Residence Complex · 4th floor · completed 2021

423, K1 Residence

Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 285K14 July 2022
Current rentAED 35K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, K1 Residence

What is 423 worth today?

Last sold for AED 285,000 in 2022

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1 Jun 2026RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
14 Jul 2022Sold by developerReady
AED 285,000AED 657 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
4th of 6
Parking
P-05
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 285K · July 2022
Building
K1 Residence

About 423, K1 Residence

423 is a studio of 433 sqft on the 4th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 14 July 2022 for AED 285,000, or AED 657 per sqft, in line with the AED 657 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2026. The current contract, signed on 1 June 2026, is AED 35,000 a year: a gross yield of 12.3% on the 2022 price.

Sales and rents for 423 over time

Sales
Unit 423, 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, July 2022: AED 285,000 (AED 657 per sqft)

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

Rents
Unit 423, 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, June 2026: AED 35,000 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 423 sits

All 107 studios →

423 last sold in July 2022 at AED 657 per sqft, in line with what studios in K1 Residence were fetching at the time (AED 657). 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. 423's AED 35,000 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 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

423, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 14 July 2022 for AED 285,000, or AED 657 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 12.3%.
  • 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 June 2026.

Questions about 423, K1 Residence

What did unit 423 last sell for?

AED 285,000 on 14 July 2022, sold by the developer: AED 657 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 35,000 a year on the contract signed on 1 June 2026.

How big is unit 423?

433 sqft (40.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2021.

What is unit 423 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 423, K1 Residence

Starts from the last sale price (AED 285K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 285,000
Deposit, UAE resident (20%)
AED 57,000
Deposit, non-resident (40%)
AED 114,000
Monthly over 25 years at 3.7%
AED 1,166

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