2-bed · 1,395 sqftLIV Residence, Dubai Marina · 16th floor · completed 2020

1606, LIV Residence

Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 2.26M7 August 2018
Current rentAED 190K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, LIV Residence

What is 1606 worth today?

Last sold for AED 2,261,548 in 2018

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3 Aug 2024RentedNew contract
AED 190,000/yr24 months · AED 136 per sqft
3 Aug 2024RentedNew contract
AED 190,000/yr24 months · AED 136 per sqft
11 Oct 2022RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
11 Oct 2021RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
11 Oct 2020RentedNew contract
AED 134,000/yr12 months · AED 96 per sqft
7 Aug 2018Sold by developerOff-plan
AED 2,261,548AED 1,620 per sqft

Source: Dubai Land Department. Updated 3 August 2024.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
16th of 26
Parking
B3-P43
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 32,200 /yr
Last sold
AED 2.26M · August 2018

About 1606, LIV Residence

1606 is a two-bedroom apartment of 1,395 sqft on the 16th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . The developer sold it on 7 August 2018 for AED 2,261,548, or AED 1,620 per sqft, in line with the AED 1,622 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 3 August 2024, is AED 190,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, August 2018: AED 2,261,548 (AED 1,620 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in LIV Residence
150K200K2020202220242026Typical 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, October 2020: AED 134,000 a yearRenewal, October 2021: AED 135,000 a yearRenewal, October 2022: AED 135,000 a yearNew contract, August 2024: AED 190,000 a yearNew contract, August 2024: AED 190,000 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 1606 sits

All 86 2-beds →

1606 last sold in August 2018 at AED 1,620 per sqft, in line with what two-beds in LIV Residence were fetching at the time (AED 1,622). 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. 1606's AED 190,000 is in the upper 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 16th floor

All 181 units in LIV Residence
Value
16012-bedAED 2.76M · Mar 2025
16022-bedAED 2.11M · Apr 2019
16031-bedAED 1.89M · Sep 2021
16042-bedAED 3.38M · Jul 2025
16053-bedAED 2.97M · Apr 2019

1606, LIV Residence in numbers

  • Sold once: by LIV Real Estate Development on 7 August 2018 for AED 2,261,548, or AED 1,620 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 134,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 32,200 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 3 August 2024.

Questions about 1606, LIV Residence

What did unit 1606 last sell for?

AED 2,261,548 on 7 August 2018, sold by the developer: AED 1,620 per sqft for 1,395 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 190,000 a year on the contract signed on 3 August 2024. The previous contract, from August 2024, was AED 190,000; the unit has been rented since October 2020.

How big is unit 1606?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2020.

What is unit 1606 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 1606, LIV Residence

Starts from the last sale price (AED 2.26M, 7 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,261,548
Deposit, UAE resident (20%)
AED 452,310
Deposit, non-resident (40%)
AED 904,619
Monthly over 25 years at 3.7%
AED 9,253

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