408, Karma Residence
Sold prices and rental history: sold once, by the developer in December 2024, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Karma Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,163 sqft
- Floor
- 4th of 10
- Parking
- 1
- Developer
- Clear Vision Real Estate Development
- Last sold
- AED 1.2M · December 2024
- Building
- Karma Residence
About 408, Karma Residence
408 is a two-bedroom apartment of 1,163 sqft on the 4th floor of Karma Residence, a 10-storey tower in Liwan by Clear Vision Real Estate Development . The developer sold it on 14 December 2024 for AED 1,200,000, or AED 1,032 per sqft, in line with the AED 1,020 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2025. The current contract, signed on 1 July 2025, is AED 103,000 a year: a gross yield of 8.6% on the 2024 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Karma Residence, and where 408 sits
All 70 2-beds →408 last sold in December 2024 at AED 1,032 per sqft, in line with what two-beds in Karma Residence were fetching at the time (AED 1,020). Over the last 12 months two-beds sold for AED 1,340,000 to 1,480,000, around AED 1,215 per sqft, and rent for AED 95,000 to 120,000 a year. 408's AED 103,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 1,161 sqft | 1,340,000 | 1,154 | ||
| 13 Mar 202613 March 2026 | 1,161 sqft | 1,480,000 | 1,275 | ||
| 13 Oct 202513 October 2025 | 1,356 sqft | 1,550,000 | 1,143 | ||
| 24 Jul 202524 July 2025 | 1,305 sqft | 1,418,000 | 1,086 |
Karma Residence
Building90 apartments, 1-bed to 2-bed over 10 floors in Liwan by Clear Vision Real Estate Development . 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,101
- Typical sale
- AED 1.14M
- Typical rent
- AED 100K /yr
- Typical yield
- 7.4%
Other units on the 4th floor
All 90 units in Karma Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,262 sqft | AED 1.18MAED 1,180,000 · Feb 2025February 2025 | 96,500 /yr | |
| 402 | 2-bed | 1,290 sqft | AED 1.33MAED 1,325,000 · Apr 2025April 2025 | ||
| 403 | 2-bed | 1,273 sqft | AED 1.26MAED 1,260,000 · Jan 2025January 2025 | ||
| 404 | 2-bed | 1,305 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | ||
| 405 | 2-bed | 1,338 sqft | AED 1.31MAED 1,310,000 · Dec 2024December 2024 | 105,000 /yr | |
| 406 | 2-bed | 1,440 sqft | AED 1.36MAED 1,355,000 · Dec 2024December 2024 | ||
| 407 | 1-bed | 795 sqft | AED 800KAED 800,000 · Feb 2025February 2025 | 65,000 /yr | |
| 409 | 1-bed | 887 sqft | AED 850KAED 850,000 · Apr 2026April 2026 | 70,000 /yr |
408, Karma Residence in numbers
- Sold once: by Clear Vision Real Estate Development on 14 December 2024 for AED 1,200,000, or AED 1,032 per sqft.
- Rented since July 2025 on one Ejari contract, at AED 103,000 a year.
- At AED 103,000 a year the gross yield on the 2024 price is 8.6%.
- Two-beds in Karma Residence sold for AED 1,340,000–1,480,000 in the 12 months to November 2026; the building's median across all types is AED 1,101 per sqft.
Source: Dubai Land Department. Updated 1 July 2025.
Questions about 408, Karma Residence
What did unit 408 last sell for?
AED 1,200,000 on 14 December 2024, sold by the developer: AED 1,032 per sqft for 1,163 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 103,000 a year on the contract signed on 1 July 2025.
How big is unit 408?
1,163 sqft (108.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Karma Residence sold for AED 1,340,000 to 1,480,000 in the last 12 months, around AED 1,215 per sqft.
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Mortgage on 408, Karma Residence
Starts from the last sale price (AED 1.2M, 14 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →