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Studio · 450 sqftK1 Residence, Dubailand Residence Complex · 6th floor · completed 2021

615, 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 615 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 275K18 July 2022
Current rentAED 30K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 615, K1 Residence

What is 615 worth today?

Last sold for AED 275,000 in 2022

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25 Aug 2026RentedRenewal
AED 30,000/yr12 months · AED 66 per sqft
25 Aug 2025RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
30 Jul 2023RentedRenewal
AED 26,000/yr12 months · AED 58 per sqft
30 Jul 2022RentedNew contract
AED 23,000/yr12 months · AED 51 per sqft
18 Jul 2022Sold by developerReady
AED 275,000AED 610 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
6th of 6
Parking
P-45
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 275K · July 2022
Building
K1 Residence

About 615, K1 Residence

615 is a studio of 450 sqft on the 6th floor of K1 Residence, a 6-storey tower in Dubailand Residence Complex completed in 2021 by Arabian Gulf Properties. The developer sold it on 18 July 2022 for AED 275,000, or AED 610 per sqft, 7% below the AED 657 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 30,000 a year: a gross yield of 10.9% on the 2022 price.

Sales and rents for 615 over time

Sales
Unit 615, 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 275,000 (AED 610 per sqft)

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

Rents
Unit 615, 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, July 2022: AED 23,000 a yearRenewal, July 2023: AED 26,000 a yearNew contract, August 2025: AED 30,000 a yearRenewal, August 2026: AED 30,000 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 615 sits

All 107 studios →

615 last sold in July 2022 at AED 610 per sqft, 7% below 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. 615's AED 30,000 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 6th floor

All 143 units in K1 Residence
Value
6011-bedAED 565K · Aug 2022
602StudioAED 300K · Jul 2025
603StudioAED 320K · Dec 2024
6041-bedAED 477K · Jun 2024
605StudioAED 260K · May 2019
606StudioAED 260K · May 2019
607StudioAED 260K · May 2019
1–7 of 23

615, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 18 July 2022 for AED 275,000, or AED 610 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 23,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 10.9%.
  • 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 25 August 2026.

Questions about 615, K1 Residence

What did unit 615 last sell for?

AED 275,000 on 18 July 2022, sold by the developer: AED 610 per sqft for 450 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 30,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 30,000; the unit has been rented since July 2022.

How big is unit 615?

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

What is unit 615 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 615, K1 Residence

Starts from the last sale price (AED 275K, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 275,000
Deposit, UAE resident (20%)
AED 55,000
Deposit, non-resident (40%)
AED 110,000
Monthly over 25 years at 3.7%
AED 1,125

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