2-bed · 1,393 sqftLIV Residence, Dubai Marina · 5th floor · completed 2020

509, LIV Residence

Sold prices and rental history: sold twice, last in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 3.65M16 August 2024
Current rentAED 124K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, LIV Residence

What is 509 worth today?

Last sold for AED 3,650,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Aug 2024SoldReady
AED 3,650,000AED 2,620 per sqft
1 Aug 2022RentedRenewal
AED 123,900/yr12 months · AED 89 per sqft
1 Aug 2021RentedRenewal
AED 118,000/yr12 months · AED 85 per sqft
1 Aug 2020RentedNew contract
AED 123,000/yr12 months · AED 89 per sqft
12 Sep 2018Sold by developerOff-plan
AED 2,232,977AED 1,603 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
5th of 26
Parking
B3-P11
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 32,100 /yr
Last sold
AED 3.65M · August 2024

About 509, LIV Residence

509 is a two-bedroom apartment of 1,393 sqft on the 5th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development . It last sold on 16 August 2024 for AED 3,650,000, or AED 2,620 per sqft, 9% above the AED 2,401 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 123,900 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 32,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, September 2018: AED 2,232,977 (AED 1,603 per sqft)Sold, August 2024: AED 3,650,000 (AED 2,620 per sqft)

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

Rents
Unit 509, 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, August 2020: AED 123,000 a yearRenewal, August 2021: AED 118,000 a yearRenewal, August 2022: AED 123,900 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 509 sits

All 86 2-beds →

509 last sold in August 2024 at AED 2,620 per sqft, 9% above what two-beds in LIV Residence were fetching at the time (AED 2,401). 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. 509's AED 123,900 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 5th floor

All 181 units in LIV Residence
Value
5011-bedAED 1.25M · Jun 2018
502StudioAED 950K · May 2021
503StudioAED 899K · Sep 2018
5041-bedAED 2.2M · May 2025
5052-bedAED 1.86M · Feb 2019
5062-bedAED 3.47M · Jan 2023
5071-bedAED 2.36M · Dec 2024
1–7 of 8

509, LIV Residence in numbers

  • Sold twice: first on 12 September 2018 for AED 2,232,977, last on 16 August 2024 for AED 3,650,000 (AED 2,620 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 123,000 to AED 123,900 a year.
  • At AED 123,900 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 32,100 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 16 August 2024.

Questions about 509, LIV Residence

What did unit 509 last sell for?

AED 3,650,000 on 16 August 2024: AED 2,620 per sqft for 1,393 sqft. The unit has 2 registered sales; the first was AED 2,232,977 in September 2018.

What is the rent for unit 509?

AED 123,900 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 118,000; the unit has been rented since August 2020.

How big is unit 509?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 5th floor of a 26-storey tower completed in 2020.

What is unit 509 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.

Selling 509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 509, LIV Residence

Starts from the last sale price (AED 3.65M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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