2-bed · 1,418 sqftLIV Residence, Dubai Marina · 14th floor · completed 2020

1402, LIV Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 3M30 June 2022
Current rentAED 135K /yr27 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, LIV Residence

What is 1402 worth today?

Last sold for AED 2,999,548 in 2022

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30 Jun 2022Sold by developerReady
AED 2,999,548AED 2,115 per sqft
27 May 2021RentedNew contract
AED 135,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
14th of 26
Parking
B1-P36
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 32,700 /yr
Last sold
AED 3M · June 2022

About 1402, LIV Residence

1402 is a two-bedroom apartment of 1,418 sqft on the 14th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . The developer sold it on 30 June 2022 for AED 2,999,548, or AED 2,115 per sqft, 14% above the AED 1,857 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 May 2021. The current contract, signed on 27 May 2021, is AED 135,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical two-bed in LIV Residence
2M3M4M2018202120242027Typical sale price by year: 2018 AED 2,160,548; 2019 AED 2,193,774; 2020 AED 2,075,000; 2021 AED 2,125,000; 2022 AED 2,775,000; 2023 AED 3,200,000; 2024 AED 3,037,274; 2025 AED 3,125,000; 2026 AED 3,899,548Sold by developer, June 2022: AED 2,999,548 (AED 2,115 per sqft)

1402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, each contractTypical two-bed in LIV Residence
150K2020202220242026Typical rent by year: 2020 AED 124,000; 2021 AED 124,044; 2022 AED 135,000; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 170,000New contract, May 2021: AED 135,000 a year

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

2-beds in LIV Residence, and where 1402 sits

All 86 2-beds →

1402 last sold in June 2022 at AED 2,115 per sqft, 14% above what two-beds in LIV Residence were fetching at the time (AED 1,857). Over the last 12 months two-beds sold for AED 3,520,000 to 4,350,000, around AED 2,732 per sqft, and rent for AED 120,000 to 219,000 a year. 1402's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20263,520,000
1 May 20264,350,000
12 Mar 20263,899,548
11 Dec 20253,700,000
4 2-bed 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 14th floor

All 181 units in LIV Residence
Value
14012-bedAED 1.89M · Feb 2019
14031-bedAED 1.58M · Aug 2018
14042-bedAED 1.85M · Oct 2020
14053-bedAED 2.97M · Feb 2019
14062-bedAED 2.23M · Jun 2018

1402, LIV Residence in numbers

  • Sold once: by LIV Real Estate Development on 30 June 2022 for AED 2,999,548, or AED 2,115 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 32,700 a year (AED 23.08 per sqft).
  • Two-beds in LIV Residence sold for AED 3,520,000–4,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,589 per sqft.

Source: Dubai Land Department. Updated 30 June 2022.

Questions about 1402, LIV Residence

What did unit 1402 last sell for?

AED 2,999,548 on 30 June 2022, sold by the developer: AED 2,115 per sqft for 1,418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 135,000 a year on the contract signed on 27 May 2021.

How big is unit 1402?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 14th floor of a 26-storey tower completed in 2020.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in LIV Residence sold for AED 3,520,000 to 4,350,000 in the last 12 months, around AED 2,732 per sqft.

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Mortgage on 1402, LIV Residence

Starts from the last sale price (AED 3M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,999,548
Deposit, UAE resident (20%)
AED 599,910
Deposit, non-resident (40%)
AED 1,199,819
Monthly over 25 years at 3.7%
AED 12,272

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