2-bed · 1,429 sqftLIV Residence, Dubai Marina · 25th floor · completed 2020

2502, LIV Residence

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

Unit 2502 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 3.6M15 August 2023
Current rentAED 130K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, LIV Residence

What is 2502 worth today?

Last sold for AED 3,600,000 in 2023

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15 Aug 2023SoldReady
AED 3,600,000AED 2,519 per sqft
1 Nov 2021RentedRenewal
AED 130,000/yr12 months · AED 91 per sqft
1 Nov 2020RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
20 Jun 2018Sold by developerOff-plan
AED 2,117,548AED 1,482 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,429 sqft
Floor
25th of 26
Parking
B2-P25
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 33,000 /yr
Last sold
AED 3.6M · August 2023

About 2502, LIV Residence

2502 is a two-bedroom apartment of 1,429 sqft on the 25th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . It last sold on 15 August 2023 for AED 3,600,000, or AED 2,519 per sqft, in line with the AED 2,453 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 130,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 33,000 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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 2018: AED 2,117,548 (AED 1,482 per sqft)Sold, August 2023: AED 3,600,000 (AED 2,519 per sqft)

2502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, 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, November 2020: AED 125,000 a yearRenewal, November 2021: AED 130,000 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 2502 sits

All 86 2-beds →

2502 last sold in August 2023 at AED 2,519 per sqft, in line with what two-beds in LIV Residence were fetching at the time (AED 2,453). 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. 2502's AED 130,000 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 25th floor

All 181 units in LIV Residence
Value
25012-bedAED 2.18M · Jun 2018
25033-bedAED 5.55M · Mar 2022
25043-bedAED 3.84M · May 2018

2502, LIV Residence in numbers

  • Sold twice: first on 20 June 2018 for AED 2,117,548, last on 15 August 2023 for AED 3,600,000 (AED 2,519 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, from AED 125,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 33,000 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 15 August 2023.

Questions about 2502, LIV Residence

What did unit 2502 last sell for?

AED 3,600,000 on 15 August 2023: AED 2,519 per sqft for 1,429 sqft. The unit has 2 registered sales; the first was AED 2,117,548 in June 2018.

What is the rent for unit 2502?

AED 130,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 125,000.

How big is unit 2502?

1,429 sqft (132.8 sqm): a two-bedroom apartment on the 25th floor of a 26-storey tower completed in 2020.

What is unit 2502 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 2502, LIV Residence

Starts from the last sale price (AED 3.6M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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