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1-bed · 794 sqftK1 Residence, Dubailand Residence Complex · 6th floor · completed 2021

624, K1 Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 624 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 565K12 December 2022
Current rentAED 56K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 624, K1 Residence

What is 624 worth today?

Last sold for AED 565,000 in 2022

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1 Dec 2025RentedNew contract
AED 56,000/yr12 months · AED 70 per sqft
2 Feb 2024RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
2 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
12 Dec 2022Sold by developerReady
AED 565,000AED 711 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
6th of 6
Parking
P-54
Developer
Arabian Gulf Properties
Completed
2021
Last sold
AED 565K · December 2022
Building
K1 Residence

About 624, K1 Residence

624 is a one-bedroom apartment of 794 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 12 December 2022 for AED 565,000, or AED 711 per sqft, in line with the AED 706 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 December 2025, is AED 56,000 a year: a gross yield of 9.9% on the 2022 price.

Sales and rents for 624 over time

Sales
Unit 624, 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, December 2022: AED 565,000 (AED 711 per sqft)

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

Rents
Unit 624, 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, February 2023: AED 38,000 a yearRenewal, February 2024: AED 40,000 a yearNew contract, December 2025: AED 56,000 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 624 sits

All 36 1-beds →

624 last sold in December 2022 at AED 711 per sqft, in line with 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. 624's AED 56,000 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 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

624, K1 Residence in numbers

  • Sold once: by Arabian Gulf Properties on 12 December 2022 for AED 565,000, or AED 711 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 38,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 9.9%.
  • 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 1 December 2025.

Questions about 624, K1 Residence

What did unit 624 last sell for?

AED 565,000 on 12 December 2022, sold by the developer: AED 711 per sqft for 794 sqft. It is the only registered sale of the unit.

What is the rent for unit 624?

AED 56,000 a year on the contract signed on 1 December 2025. The previous contract, from February 2024, was AED 40,000; the unit has been rented since February 2023.

How big is unit 624?

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

What is unit 624 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 624, K1 Residence

Starts from the last sale price (AED 565K, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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