1-bed · 794 sqftK1 Residence, Dubailand Residence Complex · 5th floor · completed 2021

501, K1 Residence

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

Unit 501 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 598K20 July 2022
Current rentAED 43K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, K1 Residence

What is 501 worth today?

Last sold for AED 598,241 in 2022

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1 Jul 2024RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
20 Jul 2022Sold by developerReady
AED 598,241AED 753 per sqft
1 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
5th of 6
Parking
P-07
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 598K · July 2022
Building
K1 Residence

About 501, K1 Residence

501 is a one-bedroom apartment of 794 sqft on the 5th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 20 July 2022 for AED 598,241, or AED 753 per sqft, 8% above the AED 698 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 43,000 a year: a gross yield of 7.2% on the 2022 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in K1 Residence
600K700K20222023202420252026Typical sale price by year: 2022 AED 551,419; 2024 AED 545,000; 2025 AED 700,000Sold by developer, July 2022: AED 598,241 (AED 753 per sqft)

501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in K1 Residence
40K50K202220242026Typical rent by year: 2022 AED 35,000; 2023 AED 39,000; 2024 AED 44,000; 2025 AED 54,000; 2026 AED 52,500New contract, July 2022: AED 35,000 a yearNew contract, July 2024: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in K1 Residence, and where 501 sits

All 36 1-beds →

501 last sold in July 2022 at AED 753 per sqft, 8% above what one-beds in K1 Residence were fetching at the time (AED 698). Over the last 12 months one-beds sold for AED 740,000 to 825,000, around AED 932 per sqft, and rent for AED 45,000 to 65,000 a year. 501's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 2026825,000
18 Feb 2026740,000
19 Dec 2025740,000
3 Nov 2025700,000
3 1-bed 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 5th floor

All 143 units in K1 Residence
Value
502StudioAED 319K · Jul 2022
503StudioAED 250K · May 2019
5041-bedAED 700K · Nov 2025
505StudioAED 333K · Aug 2018
506StudioAED 333K · May 2018
507StudioAED 333K · Feb 2018
508StudioAED 333K · Feb 2018
1–7 of 23

501, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 20 July 2022 for AED 598,241, or AED 753 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 35,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2022 price is 7.2%.
  • One-beds in K1 Residence sold for AED 740,000–825,000 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 July 2024.

Questions about 501, K1 Residence

What did unit 501 last sell for?

AED 598,241 on 20 July 2022, sold by the developer: AED 753 per sqft for 794 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 43,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2022, was AED 35,000.

How big is unit 501?

794 sqft (73.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in K1 Residence sold for AED 740,000 to 825,000 in the last 12 months, around AED 932 per sqft.

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Mortgage on 501, K1 Residence

Starts from the last sale price (AED 598K, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 598,241
Deposit, UAE resident (20%)
AED 119,648
Deposit, non-resident (40%)
AED 239,296
Monthly over 25 years at 3.7%
AED 2,448

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