Studio · 499 sqftLIV Residence, Dubai Marina · 12th floor · completed 2020

1202, LIV Residence

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 1M18 May 2021
Current rentAED 93K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, LIV Residence

What is 1202 worth today?

Last sold for AED 1,000,000 in 2021

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25 Mar 2024RentedNew contract
AED 93,000/yr12 months · AED 188 per sqft
27 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 200 per sqft
22 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 180 per sqft
25 May 2021RentedNew contract
AED 57,500/yr3 months · AED 116 per sqft
18 May 2021Sold by developerReady
AED 1,000,000AED 2,002 per sqft
25 Aug 2020RentedNew contract
AED 57,500/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
12th of 26
Parking
B2-P14
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 1M · May 2021

About 1202, LIV Residence

1202 is a studio of 499 sqft on the 12th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . The developer sold it on 18 May 2021 for AED 1,000,000, or AED 2,002 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 25 March 2024, is AED 93,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical studio in LIV Residence
1M1.2M20182020202220242026Typical sale price by year: 2018 AED 881,557; 2021 AED 1,000,000; 2022 AED 1,066,048; 2023 AED 1,180,000; 2024 AED 1,300,000; 2025 AED 1,270,000Sold by developer, May 2021: AED 1,000,000 (AED 2,002 per sqft)

1202 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1202, each contractTypical studio in LIV Residence
50K75K100K2020202220242026Typical rent by year: 2020 AED 53,000; 2021 AED 58,000; 2022 AED 88,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 75,075New contract, August 2020: AED 57,500 a yearNew contract, May 2021: AED 57,500 a yearNew contract, September 2022: AED 90,000 a yearNew contract, October 2022: AED 100,000 a yearNew contract, March 2024: AED 93,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in LIV Residence, and where 1202 sits

All 22 studios →

1202's AED 93,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 20251,340,600
3 Nov 20251,270,000
4 Aug 20251,270,000
27 Jan 20251,250,000
0 studio sales in the last 12 months

LIV Residence

Building

181 apartments, studios to 4-bed over 26 floors in Dubai Marina, completed in 2020 by LIV Real Estate Development . 7 sold in the last 12 months.

Typical price per sqft
AED 2,589
Typical sale
AED 3.61M
Typical rent
AED 145K /yr
Typical yield
5.4%
LIV Residence, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 181 units in LIV Residence
Value
12011-bedAED 1.68M · Apr 2022
1203StudioAED 1.15M · Oct 2021
12041-bedAED 1.49M · Dec 2020
12052-bedAED 2.68M · Oct 2023
12062-bedAED 2.08M · Sep 2020
12071-bedAED 2.41M · Sep 2024
12081-bedAED 1.84M · Aug 2021
1–7 of 8

1202, LIV Residence in numbers

  • Sold once: by LIV Real Estate Development on 18 May 2021 for AED 1,000,000, or AED 2,002 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 57,500 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 11,500 a year (AED 23.08 per sqft).

Source: Dubai Land Department. Updated 25 March 2024.

Questions about 1202, LIV Residence

What did unit 1202 last sell for?

AED 1,000,000 on 18 May 2021, sold by the developer: AED 2,002 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 93,000 a year on the contract signed on 25 March 2024. The previous contract, from October 2022, was AED 100,000; the unit has been rented since August 2020.

How big is unit 1202?

499 sqft (46.4 sqm): a studio on the 12th floor of a 26-storey tower completed in 2020.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1202, LIV Residence

Starts from the last sale price (AED 1M, 18 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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