K1
About the project K1
(sq. ft.)
K1 is a residential complex located in Dubai Residential Complex (DRC), Dubailand. The project was developed by Time Properties and consists of six separate dwellings situated in the building.
There are 46 residential units that are available to buy and rent. The first residential floor has four one-bedroom apartments and 22 studios. The remaining floors have six one-bedroom apartments and 18 studios. Properties feature balconies, fitted open-plan kitchens, panoramic windows, bathrooms with modern fixtures, and built-in wardrobes. Apartments and studios come unfurnished.
The complex provides a variety of amenities and services, including:
- Green areas
- Fitness centre
- Security services and video surveillance
- Separate gyms for men and women on the top floor of the building
- Lobby
- Rooftop swimming pool and recreation area
- Covered parking
- Terrace
Studios have a minimum size of 43 sq. m (464 sq. ft.) and a starting price of 349,000 (USD 79,000).
*The price is valid for 2021
Property Information
- Location Dubailand, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios -1BR Apartments
- Area from 464 sq. ft.
- Total Amount of Units 46
Location
The community has good transport accessibility, and K1 is located near Emirates Road and Al Ain-Dubai Road, which provide direct routes to other parts of the emirate.
For groceries and household goods, residents can go to Thomsun Supermarket – Skycourt Towers, which can be reached within a 10-minute walk of the complex. Dubai Outlet Mall is situated within a 20-minute drive. Dubai SWAT Challenge is located within a 15-minute drive, and Al Habtoor Polo Club can be reached within a 10-minute drive.
Residents can take advantage of local educational institutions. The Aquila School is situated within a 15-minute walk of the apartments. There is a college in the Riem Building, which is located within a five-minute walk, and GEMS Founders School – Al Barsha can be reached within a 25-minute drive.
Klub Dubai Cricket Ground, a large children’s playground, is situated within a 15-minute drive of the building, and Dubai Sky Courts – Desert Sun Tower is located within a 15-minute walk. Academic City, an area with numerous schools and campuses, can be reached within a 15-minute drive. IMG Worlds of Adventure is situated within a 30-minute drive, and Industrial Area Dubai is located within a 15-minute drive.
Payback
Dubai Residential Complex is a prestigious community located in Dubailand. Residential units are very popular among families who are looking for a quiet and comfortable living environment. The area is also in demand among tourists looking to stay near a wide selection of entertainment facilities.
The community has a developed infrastructure and good ecology. As a result, properties are sought after by tenants and investors. Units can be purchased to subsequently rent out, which can generate a passive income. Studios at K1 have a return on investment rate of 6%, and one-bedroom apartments have a return rate of 5.9%.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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