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1-bed · 757 sqftK1 Residence, Dubailand Residence Complex · 5th floor · completed 2021

516, K1 Residence

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

Unit 516 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 532K21 July 2022
Current rentAED 57K /yr26 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, K1 Residence

What is 516 worth today?

Last sold for AED 532,027 in 2022

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26 Dec 2024RentedNew contract
AED 57,000/yr12 months · AED 76 per sqft
2 Jan 2024RentedNew contract
AED 40,435/yr3 months · AED 53 per sqft
1 Jan 2023RentedNew contract
AED 37,000/yr12 months · AED 49 per sqft
21 Jul 2022Sold by developerReady
AED 532,027AED 702 per sqft
1 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
1-bed apartment
Size
757 sqft
Floor
5th of 6
Parking
P-22
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 532K · July 2022
Building
K1 Residence

About 516, K1 Residence

516 is a one-bedroom apartment of 757 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 21 July 2022 for AED 532,027, or AED 702 per sqft, in line with the AED 700 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 26 December 2024, is AED 57,000 a year: a gross yield of 10.7% on the 2022 price.

Sales and rents for 516 over time

Sales
Unit 516, 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 532,027 (AED 702 per sqft)

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

Rents
Unit 516, each contractTypical one-bed in K1 Residence
40K50K60K202220242026Typical 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, January 2023: AED 37,000 a yearNew contract, January 2024: AED 40,435 a yearNew contract, December 2024: AED 57,000 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 516 sits

All 36 1-beds →

516 last sold in July 2022 at AED 702 per sqft, in line with what one-beds in K1 Residence were fetching at the time (AED 700). 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. 516's AED 57,000 is in the upper half 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

516, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 21 July 2022 for AED 532,027, or AED 702 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 35,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 10.7%.
  • 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 26 December 2024.

Questions about 516, K1 Residence

What did unit 516 last sell for?

AED 532,027 on 21 July 2022, sold by the developer: AED 702 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 57,000 a year on the contract signed on 26 December 2024. The previous contract, from January 2024, was AED 40,435; the unit has been rented since July 2022.

How big is unit 516?

757 sqft (70.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 516 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 516, K1 Residence

Starts from the last sale price (AED 532K, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 532,027
Deposit, UAE resident (20%)
AED 106,405
Deposit, non-resident (40%)
AED 212,811
Monthly over 25 years at 3.7%
AED 2,177

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