506, Karma Residence
Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Karma Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 21 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,440 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Clear Vision Real Estate Development
- Last sold
- AED 1.37M · December 2024
- Building
- Karma Residence
About 506, Karma Residence
506 is a two-bedroom apartment of 1,440 sqft on the 5th floor of Karma Residence, a 10-storey tower in Liwan by Clear Vision Real Estate Development . The developer sold it on 21 December 2024 for AED 1,365,000, or AED 947 per sqft, 4% below the AED 983 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 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 506 sits
All 70 2-beds →506 last sold in December 2024 at AED 947 per sqft, 4% below what two-beds in Karma Residence were fetching at the time (AED 983). 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.
| 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 5th floor
All 90 units in Karma Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,244 sqft | AED 1.19MAED 1,190,000 · Dec 2024December 2024 | 95,000 /yr | |
| 502 | 2-bed | 1,275 sqft | AED 1.34MAED 1,340,000 · Dec 2024December 2024 | 110,000 /yr | |
| 503 | 2-bed | 1,273 sqft | AED 1.28MAED 1,279,000 · Dec 2024December 2024 | ||
| 504 | 2-bed | 1,305 sqft | AED 1.41MAED 1,409,000 · Jan 2025January 2025 | ||
| 505 | 2-bed | 1,356 sqft | AED 1.55MAED 1,550,000 · Oct 2025October 2025 | ||
| 507 | 1-bed | 795 sqft | AED 860KAED 860,000 · Jul 2025July 2025 | ||
| 508 | 2-bed | 1,161 sqft | AED 1.48MAED 1,480,000 · Mar 2026March 2026 | ||
| 509 | 1-bed | 887 sqft | AED 740KAED 740,050 · Apr 2025April 2025 |
506, Karma Residence in numbers
- Sold once: by Clear Vision Real Estate Development on 21 December 2024 for AED 1,365,000, or AED 947 per sqft.
- 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 21 December 2024.
Questions about 506, Karma Residence
What did unit 506 last sell for?
AED 1,365,000 on 21 December 2024, sold by the developer: AED 947 per sqft for 1,440 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,440 sqft (133.8 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 506 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 506, Karma Residence
Starts from the last sale price (AED 1.37M, 21 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,365,000
- Deposit, UAE resident (20%)
- AED 273,000
- Deposit, non-resident (40%)
- AED 546,000
- Monthly over 25 years at 3.7%
- AED 5,585
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →