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Studio · 450 sqftK1 Residence, Dubailand Residence Complex · 5th floor · completed 2021

515, K1 Residence

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

Unit 515 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 260K30 August 2022
Current rentAED 36K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, K1 Residence

What is 515 worth today?

Last sold for AED 260,000 in 2022

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1 Dec 2025RentedRenewal
AED 36,000/yr12 months · AED 80 per sqft
1 Dec 2024RentedNew contract
AED 34,650/yr12 months · AED 77 per sqft
1 Dec 2023RentedNew contract
AED 33,000/yr12 months · AED 73 per sqft
1 Jul 2023RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft
10 Nov 2022RentedNew contract
AED 23,000/yr12 months · AED 51 per sqft
30 Aug 2022Sold by developerReady
AED 260,000AED 577 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
5th of 6
Parking
P-21
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 260K · August 2022
Building
K1 Residence

About 515, K1 Residence

515 is a studio of 450 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 30 August 2022 for AED 260,000, or AED 577 per sqft, 15% below the AED 677 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 36,000 a year: a gross yield of 13.9% on the 2022 price.

Sales and rents for 515 over time

Sales
Unit 515, 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, August 2022: AED 260,000 (AED 577 per sqft)

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

Rents
Unit 515, 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, November 2022: AED 23,000 a yearNew contract, July 2023: AED 28,000 a yearNew contract, December 2023: AED 33,000 a yearNew contract, December 2024: AED 34,650 a yearRenewal, December 2025: AED 36,000 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 515 sits

All 107 studios →

515 last sold in August 2022 at AED 577 per sqft, 15% below what studios in K1 Residence were fetching at the time (AED 677). 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. 515's AED 36,000 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 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

515, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 30 August 2022 for AED 260,000, or AED 577 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 23,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2022 price is 13.9%.
  • 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 December 2025.

Questions about 515, K1 Residence

What did unit 515 last sell for?

AED 260,000 on 30 August 2022, sold by the developer: AED 577 per sqft for 450 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 36,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 34,650; the unit has been rented since November 2022.

How big is unit 515?

450 sqft (41.8 sqm): a studio on the 5th floor of a 6-storey tower completed in 2021.

What is unit 515 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 515, K1 Residence

Starts from the last sale price (AED 260K, 30 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 260,000
Deposit, UAE resident (20%)
AED 52,000
Deposit, non-resident (40%)
AED 104,000
Monthly over 25 years at 3.7%
AED 1,064

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