2-bed · 1,308 sqftLIV Residence, Dubai Marina · 24th floor · completed 2020

2401, LIV Residence

Sold prices and rental history: sold twice, last in March 2023, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 2.76M7 March 2023
Current rentAED 123K /yr29 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, LIV Residence

What is 2401 worth today?

Last sold for AED 2,764,000 in 2023

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7 Mar 2023SoldReady
AED 2,764,000AED 2,113 per sqft
4 Jan 2022Sold by developerReady
AED 2,264,000AED 1,731 per sqft
29 Dec 2020RentedNew contract
AED 122,500/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
24th of 26
Parking
B1-P35
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 30,200 /yr
Last sold
AED 2.76M · March 2023

About 2401, LIV Residence

2401 is a two-bedroom apartment of 1,308 sqft on the 24th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . It last sold on 7 March 2023 for AED 2,764,000, or AED 2,113 per sqft, in line with the AED 2,098 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 December 2020. The current contract, signed on 29 December 2020, is AED 122,500 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, January 2022: AED 2,264,000 (AED 1,731 per sqft)Sold, March 2023: AED 2,764,000 (AED 2,113 per sqft)

2401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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, December 2020: AED 122,500 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 2401 sits

All 86 2-beds →

2401 last sold in March 2023 at AED 2,113 per sqft, in line with what two-beds in LIV Residence were fetching at the time (AED 2,098). 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. 2401's AED 122,500 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 24th floor

All 181 units in LIV Residence
Value
24022-bedAED 2.23M · Jun 2021
24043-bedAED 3.36M · Jun 2019
24052-bedAED 2.5M · Jul 2019

2401, LIV Residence in numbers

  • Sold twice: first on 4 January 2022 for AED 2,264,000, last on 7 March 2023 for AED 2,764,000 (AED 2,113 per sqft).
  • Rented since December 2020 on one Ejari contract, at AED 122,500 a year.
  • At AED 122,500 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 30,200 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 7 March 2023.

Questions about 2401, LIV Residence

What did unit 2401 last sell for?

AED 2,764,000 on 7 March 2023: AED 2,113 per sqft for 1,308 sqft. The unit has 2 registered sales; the first was AED 2,264,000 in January 2022.

What is the rent for unit 2401?

AED 122,500 a year on the contract signed on 29 December 2020.

How big is unit 2401?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2020.

What is unit 2401 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 2401, LIV Residence

Starts from the last sale price (AED 2.76M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,764,000
Deposit, UAE resident (20%)
AED 552,800
Deposit, non-resident (40%)
AED 1,105,600
Monthly over 25 years at 3.7%
AED 11,308

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