LEGO Kai Dragon Form Minifigure njo1048

Name: Kai Dragon Form Minifigure
Brand: LEGO
SKU: njo1048
Availability: InStock
Rating: 4.9 (10 reviews)

Kai Dragon Form Value (New/Loose)

This represents the current value of the minifig Kai Dragon Form since 2026. High accuracy

Collector and Investor Standing

Jay's Transforming Car puts Kai Dragon Form in the mix, with dragon armor and wings that suit his fire powers. Kai's following gives collectors a clear reason to want him, while investors have a more cautious early read on the figure.

75/100

Collector

Well liked by collectors

Kai's following draws collectors to his dragon form

42/100

Investor

Less firm than most

Still in a set at retail

For Sale (New/Loose)

	Best US listing for Kai Dragon Form	BrickEconomy Choice $7.95
	(DE) BrickLink store Bunte Steinewelt	$7.36 -39.8%
	(DE) BrickLink store Antons Spielekiste	$7.47 -38.9%
	(DE) BrickLink store realpink	$7.66 -37.3%
	(US) BrickLink store Ryan's Brick Vault	$7.75 -36.6%
	(BE) BrickLink store GrigsBricks	$7.85 -35.8%
	(DE) BrickLink store Kais Steinewelt	$7.85 -35.8%
	(US) Brand new, never assembled.comes with claws.	$7.90 -35.4%
	(US) LEGO Ninjago Dragons Rising Kai + Weapons Minifigure 71818 71822 (njo896)	$7.95 -34.9%
	(US) LEGO MINIFIGURE NINJAGO KAI DRAGONS RISING 4 SET 71851 NJO1040	$7.95 -34.9%
	(DE) BrickLink store Dsselbrickwerk	$7.99 -34.6%
	(US) LEGO NEW Ninjago Kai Minifigure from 71818 Dragons Rising njo0896	$7.99 -34.6%
	(DE) BrickLink store M&M Brick GmbH	$8.02 -34.4%
	(DE) BrickLink store ma.la.bricks	$8.02 -34.4%
	(NL) BrickLink store JV Bricks and more	$8.05 -34.1%
Show 57 more listings
	(DE) BrickLink store Brick Universum	$8.25 -32.5%
	(CZ) In the original packaging	$8.26 -32.4%
	(US) unassembled	$8.32 -31.9%
	(AU) BrickLink store Ztorm Bricks	$8.33 -31.8%
	(PL) BrickLink store Brick Manufactory	$8.39 -31.3%
	(PL) BrickLink store EkstraKlocki	$8.40 -31.3%
	(DE) never assembled	$8.41 -31.2%
	(DE) BrickLink store liveloveloona	$8.42 -31.1%
	(DE) BrickLink store bricksbypassi747	$8.48 -30.6%
	(DE) BrickLink store JuFuBricks	$8.63 -29.4%
	(DE) never assembled	$8.67 -29.1%
	(NL) BrickLink store Brick Square (NL)	$8.89 -27.3%
	(DE) BrickLink store Brebrick	$8.90 -27.2%
	(US) Brand New. Never been assembled.	$8.95 -26.8%
	(DE) BrickLink store kleinesteinewelt	$9.09 -25.6%
	(LT) BrickLink store BrickStat	$9.58 -21.6%
	(US) More Ninjago minifigs also in my store -	$9.99 -18.2%
	(US) LEGO NINJAGO Dragon Kai Minifigure with Wings 71856 71863 NEW SEALED IN BAG	$9.99 -18.2%
	(HU) BrickLink store BrickCorso [15% Discount]	$10.69 -12.5%
	(US) LEGO Dragon Form Kai Mini Figure 71856 Ninjago Dragons Rising 4 2026 H1	$10.75 -12.0%
	(US) Lego Ninjago Dragons Rising Kai Minifigure Red And Gold Wrap New Form Set 71823	$11.12 -9.0%
	(DE) BrickLink store Brick.Click.Bande	$11.50 -5.9%
	(US) NEW LEGO Ninjago Minifigure njo1048 - Kai - Dragon Form Kai Unassembled 71863	$12.00 -1.8%
	(CA) LEGO Ninjago Kai Dragon Form Minifigure njo1048 71856	$12.80 +4.7%
	(DE) BrickLink store Rebel-Bricks	$12.90 +5.6%
	(US) LEGO Ninjago Kai Minifigure Dragon Form Dragons Rising Season 4 njo1048 71863	$12.95 +6.0%
	(US) Lego New Red Kai Dragon Form Minifigure Ninja Ninjago Dragons Rising Season 4	$12.99 +6.3%
	(PL) BrickLink store Amuzi - Z nami si uoy	$13.20 +8.0%
	(US) LEGO Kai minifigure + weapons (NEW, NEVER BUILT) 71818 Battle Arena 71822 Dragon	$13.25 +8.4%
	(DE) BrickLink store Affenstall	$13.58 +11.1%
	(US) Lego Ninjago Kai Dragon Form Minifigure 71856 unassembled	$14.00 +14.6%
	(NL) BrickLink store Tombo Bricks	$14.42 +18.0%
	(US) LEGO Ninjago Minifigure Kai - Dragon Form Dragons Rising Njo1048	$14.75 +20.7%
	(US) LEGO Dragon Form Kai Mini Figure 71856	$15.00 +22.7%
	(CZ) LEGO Kai Dragon Form njo1048	$17.00 +39.1%
	(CZ) never been assembled	$17.32 +41.7%
	(US) LEGO Ninjago Minifigure - Kai Skybound njo0198 - Retired Rare MINT	$19.00 +55.5%
	(US) LEGO Ninjago Minifig njo1048 - Kai - Dragon Form	$19.54 +59.9%
	(AU) LEGO Ninjago Kai Minifigure Dragon Form Dragons Rising Season 4 71856 njo1048	$19.60 +60.4%
	(US) LEGO Ninjago Dragon Form Kai Minifigure 71863 Red Armor Wings Gold Claws New	$19.95 +63.3%
	(US) LEGO Dragon Form Kai Mini Figure 71856	$20.00 +63.7%
	(US) LEGO Ninjago Dragons Rising Kai + Weapons Minifigure 71818 71822 (njo896)	$21.49 +75.9%
	(US) LEGO NINJAGO Dragons Rising Kai Dragonian Form Minifigure 71856	$23.00 +88.2%
	(DE) BrickLink store Braker-Bricks	$23.61 +93.2%
	(US) Lego Ninjago Dragons Rising Kai Dragon Form Minifigure New From Set 71856.	$24.21 +98.1%
	(US) Lego Ninjago Kai Dragon Form Minifigure #njo1048 Set 71856 Brand New	$24.99 +104.5%
	(US) Lego Ninjago Kai Dragon Form Minifigure #njo1048 Set 71856 Brand New	$24.99 +104.5%
	(US) Lego Ninjago Cole Dragon Form Minifigure #njo1035 Set #71859 Dragon Of Life New	$25.99 +112.7%
	(US) Lego Ninjago Kai Dragon Form Minifigure #njo1048 Set 71856 Brand New	$26.95 +120.5%
	(US) Lego Ninjago Lloyd Dragon Form Minifigure #njo1029 Set #71859 Dragon Of Life New	$27.99 +129.1%
	(US) Lego Ninjago Lloyd Dragon Form Minifigure #njo1029 Set #71859 Dragon Of Life New	$27.99 +129.1%
	(US) New, unassembled. Accessories included. All US orders ship $4.95 flat rate.	$28.95 +136.9%
	(US) LEGO Minifigure - Ninjago - Zane - Dragon Form - No njo1039 - QTY 1	$32.95 +169.6%
	(US) Lego Ninjago Cole Dragon Form Minifigure #njo1035 Set #71859 Dragon Of Life New	$34.99 +186.3%
	(US) Lego Ninjago Cole Dragon Form Minifigure #njo1035 Set #71859 Dragon Of Life New	$34.99 +186.3%
	(US) LEGO Ninjago Kai the Final Battle Minifigure NJO0071 Set 70500 F8	$36.00 +194.6%
	(US) LEGO Ninjago Minifigure Kai (Dragon Masters) - Hunted (70647) (Genuine)	$38.99 +219.1%
	(US) LEGO 71859 Ninjago Dragon's Rising Dragon of Life Cole Dragon Form minifigure	$44.95 +267.8%

For Sale Ranges

This chart shows the sales listing trends of Kai Dragon Form.

Sales Distribution (Last 90 Days)

This chart shows the distribution of sales for the last 3 months of new/loose LEGO Kai Dragon Form.

Sale Trends

This chart shows the sales trends (number sold) of new/loose LEGO Kai Dragon Form.

Market Momentum

Bearish

This minifigure's value is slipping and member demand is cooling.

BearishBullish

DemandTop 25% in Ninjago

Very high demand but falling

12 months agoToday

Value trendDown 34% in 3 months

Down 57% since Feb

FebToday

SalesSold prices down 48%

Selling faster

MaySep

Outlook:55% bearish·35% neutral·10% bullish

Why it's moving, signals and outlook

Kai Dragon Form Appears in the Following LEGO Sets


	71856 Jay's Transforming Car Theme / Subtheme Ninjago / Dragons Rising Season 4 Year 2026 Pieces / Minifigs 387 / 5 Availability Retail (Retiring soon) Buy this set at LEGO Amazon eBay BrickLink	Retail $54.99 Available at retail Retiring soon I own this set I want this set

	71863 Zilvar and Grimtak Theme / Subtheme Ninjago / Dragons Rising Season 4 Year 2026 Pieces / Minifigs 232 / 3 Availability Retail Buy this set at LEGO Amazon eBay BrickLink	Retail $19.99 Available at retail I own this set I want this set

	L0002204 Dragon Kai Theme / Subtheme Ninjago / Magazine Gifts Year 2026 Pieces / Minifigs 11 / 1 Availability Retired Buy this set at eBay BrickLink	Value $6.72 Annual growth 3.5% I own this set I want this set

Compared with Other Kai Minifigures

Kai Dragon Form holds a middle spot among the Kai minifigures, and the numbers show why. This one's copies for sale outnumber those of every figure above, and the figures at the top all came out between 2011 and 2025.

#38 of 87

By value, $12

$2.47$325

In the top half of the group.

#1 of 13 still at retail

Members adding this minifigure, past 4 months

This figure

Typical

About 5 times the rate of the group's figures still at retail.

Most valuable Kai Minifigures		Value
1	Kai njo186	$325
2	Kai njo420	$213
3	Kai njo327	$161
38	Kai Dragon Form njo1048	$12

Most Valuable LEGO Kai Minifigures

Kai Minifigures

Related LEGO Minifigures

Dr. LaRow Loyalist Leader

*Values are based on loose minifigs in like new condition.

Kai Dragon Form Questions

How much is LEGO Kai Dragon Form (njo1048) worth today?

Kai Dragon Form is worth about $12.22 new and loose.

Which LEGO sets is Kai Dragon Form (njo1048) in?

You can find Kai Dragon Form in three sets: L0002204 Dragon Kai (2026), 71856 Jay's Transforming Car (2026) and 71863 Zilvar and Grimtak (2026).

Is Kai Dragon Form (njo1048) retired?

No. One set with Kai Dragon Form is still on store shelves.

What is the one-year forecast for Kai Dragon Form (njo1048)?

The one-year forecast for Kai Dragon Form is $11.64, about 5% below today's value. The forecast has the value back above today's value around 2029. Like any forecast, this is an estimate.

Are there other versions of Kai Dragon Form (njo1048)?

Yes, LEGO has made several Kai minifigures. The most valuable is Kai (njo186) at $325.41.

Top lists

Most Valuable LEGO Kai Minifigures Most Valuable LEGO Ninjago Minifigures Most Valuable LEGO Minifigures of the 2020s

My Collection

I own this loose set

I want this loose set

Minifig Details

Minifig number

njo1048

Name

Kai Dragon Form

Theme

Ninjago

Subtheme

Dragons Rising Season 4

Year

2026

Sets

Availability

Retail (1 set)

Minifig Pricing

New/Loose

Value

$12.22

1-year growth

-4.73% (12 month outlook)

Future growth

+6.57% (2-5 year outlook)

*Value is for new/loose minifig.

Quick Buy

eBay

Buy

Lowest price

$7.95

Highest price

$44.95

BrickLink

Buy

Lowest price

$7.36

Highest price

$28.95

LEGO Store

Buy

Buy in set Zilvar and Grimtak

*Listings are for new/loose minifig.

Minifig Predictions

1 year forecast

$11.64

5 year forecast

$15.02

Low point

2027 (-4.73%)

Back above today

2029

Back above today

Weaker outlook

Stronger outlook

New minifigures usually ease in value while their sets are still in production. The forecast has the value of the Kai Dragon Form minifigure at its lowest around 2027, when the sets with this minifigure are expected to retire, and back above today's value around 2029, about two years later. The outlook trails most other minifigures.

Prediction Insights

A pack-in exclusive with distinctive dragon-armor prints and headgear, Kai Dragon Form has seen early secondary-market strength driven by character recognition, and also carries notable variant and reissue risk while production status remains unresolved.

Minifig Facts

The Kai Dragon Form minifigure represents Kai, a character from the Ninjago theme, in his dragon form. This version of Kai is first included in the set 71856 Jay's Transforming Car, released in 2026 as part of the Dragons Rising Season 4 subtheme. The minifigure features a predominantly red color scheme with intricate gold and black detailing across the torso and legs, depicting dragon scales and armor. It includes a unique dragon helmet with horns and a pair of red wings attached to the back, enhancing the dragon motif. The minifigure also has a red tail piece, completing its transformation into a dragon form.

Common description: Kai - Dragon Form

Kai Dragon Form Reviews

10 reviews

4.9

Collectors

Investors

Is this LEGO minifigure a good investment?

“Though relatively new, the Kai Dragon Form minifig shows promising growth potential. It has already proven to be a valuable addition to any LEGO Ninjago collection.”

Review brought to you by BrickEconomy Bot

Community Stats

Kai Dragon Form (njo1048) currently ranks #51 out of the top owned loose minifigs that are related.

#51Kai Dragon Form (njo1048)

About Ninjago Dragons Rising Season 4

The Dragons Rising Season 4 minifigures follow the fourth season of the series. The ninja wear new tunics printed with dragon heads, and Kai and Jay also come in dragon form. Arin, Sora and Wyldfyre are part of the team, Sora now in cat headphones and a mask, and the season brings elemental monsters of fire, ice and acid to fight, along with Empress Beatrix in gold armour and Zilvar.

Ninjago Sets

Ninjago / Dragons Rising Season 4 Sets