K1

Arabian Gulf Properties · Dubai Residence Complex, Liwan · 144 homes · Completed

A completed Arabian Gulf Properties project in Dubai Residence Complex, Liwan: 144 homes, handed over in Apr 2022, two quarters after the Q4 2021 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 953 per sqft, 9% above the launch quarter.

Updated 27 Oct 2026
Completed Apr 2022Two quarters after Q4 2021 on the register
144 homesStudios, 1 bedroom
Dubai Residence Complex, LiwanDubai Land Department project 1963

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2018AED 877/sqft
Median paid, Q3 2022AED 707/sqft
Sales, Jul 2025 to Jun 202613
Median paidLatest quarterLaunch quarter AED 877
700800Q1 18: AED 877/sqft, 13 salesQ2 18: AED 878/sqft, 10 salesQ2 19: AED 681/sqft, 12 salesQ3 22: AED 707/sqft, 53 salesQ1 18Q1 19Q1 20Q1 21Q1 22Q3 22
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 201887713
Q2 201887810
Q2 201968112
Q3 202270753

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ4 2021Q2 20222 quarters latePrice / sqftAED 877AED 953+9% on launch, resale median
Against the area. Median paid.
K1953
Dubai Residence Complex1,435
Liwan1,405

34% under the Dubai Residence Complex median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was K1 handed over?

In Apr 2022, when the first ready-market sale was registered. The register declared completion for Q4 2021, so it handed over two quarters late.

What do homes in K1 sell for?

From Jul 2025 to Jun 2026, 13 homes sold on the register at a median of AED 953 per sqft and AED 415K per home. By unit type: Studio AED 408K (9 sales). These are registered deeds, not the developer's price list.

Who built K1?

Arabian Gulf Properties. The project is registered to Arabian Gulf Properties on the Dubai Land Department register, which lists 9 projects for the developer in Dubai, 3 of them under construction.

How many homes are in K1?

144, as counted on the Dubai Land Department register. The declared mix: 108 studios, 36 1 BR.

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