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1-bed · 759 sqftK1 Residence, Dubailand Residence Complex · 5th floor · completed 2021

509, K1 Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 558K10 January 2023
Current rentAED 44K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, K1 Residence

What is 509 worth today?

Last sold for AED 558,180 in 2023

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25 Mar 2024RentedRenewal
AED 44,000/yr12 months · AED 58 per sqft
25 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
10 Jan 2023Sold by developerReady
AED 558,180AED 735 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
759 sqft
Floor
5th of 6
Parking
P-15
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 558K · January 2023
Building
K1 Residence

About 509, K1 Residence

509 is a one-bedroom apartment of 759 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 10 January 2023 for AED 558,180, or AED 735 per sqft, 4% above the AED 706 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 44,000 a year: a gross yield of 7.9% on the 2023 price.

Sales and rents for 509 over time

Sales
Unit 509, 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, January 2023: AED 558,180 (AED 735 per sqft)

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

Rents
Unit 509, 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, March 2023: AED 40,000 a yearRenewal, March 2024: AED 44,000 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 509 sits

All 36 1-beds →

509 last sold in January 2023 at AED 735 per sqft, 4% above what one-beds in K1 Residence were fetching at the time (AED 706). 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. 509's AED 44,000 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
5011-bedAED 598K · Jul 2022
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
1–7 of 23

509, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 10 January 2023 for AED 558,180, or AED 735 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 7.9%.
  • 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 25 March 2024.

Questions about 509, K1 Residence

What did unit 509 last sell for?

AED 558,180 on 10 January 2023, sold by the developer: AED 735 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 44,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 40,000.

How big is unit 509?

759 sqft (70.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 509 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 509, K1 Residence

Starts from the last sale price (AED 558K, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 558,180
Deposit, UAE resident (20%)
AED 111,636
Deposit, non-resident (40%)
AED 223,272
Monthly over 25 years at 3.7%
AED 2,284

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