2-bed · 1,440 sqftKarma Residence, Liwan · 7th floor

706, Karma Residence

Sold prices and rental history: sold once, by the developer in January 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.38M9 January 2025
Current rentAED 110K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Karma Residence

What is 706 worth today?

Last sold for AED 1,380,000 in 2025

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1 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
1 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
9 Jan 2025Sold by developerOff-plan
AED 1,380,000AED 958 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,440 sqft
Floor
7th of 10
Parking
G-50
Developer
Clear Vision Real Estate Development
Last sold
AED 1.38M · January 2025

About 706, Karma Residence

706 is a two-bedroom apartment of 1,440 sqft on the 7th floor of Karma Residence, a 10-storey tower in Liwan by Clear Vision Real Estate Development . The developer sold it on 9 January 2025 for AED 1,380,000, or AED 958 per sqft, 3% below the AED 989 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 August 2025, is AED 110,000 a year: a gross yield of 8.0% on the 2025 price.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Karma Residence
1.33M1.35M1.38M202420252026Typical sale price by year: 2024 AED 1,325,000; 2025 AED 1,340,000Sold by developer, January 2025: AED 1,380,000 (AED 958 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Karma Residence
106K108K110K202520262027Typical rent by year: 2025 AED 107,500; 2026 AED 106,355New contract, August 2025: AED 110,000 a yearNew contract, August 2025: AED 110,000 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 Karma Residence, and where 706 sits

All 70 2-beds →

706 last sold in January 2025 at AED 958 per sqft, 3% below what two-beds in Karma Residence were fetching at the time (AED 989). 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. 706's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20261,340,000
13 Mar 20261,480,000
13 Oct 20251,550,000
24 Jul 20251,418,000
2 2-bed sales in the last 12 months

Karma Residence

Building

90 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%
Karma Residence, Liwan: prices, sales and rents →

Other units on the 7th floor

All 90 units in Karma Residence
Value
7012-bedAED 1.21M · Jan 2025
7022-bedAED 1.37M · Dec 2024
7032-bedAED 1.34M · Jan 2025
7042-bedAED 1.3M · Jan 2025
7052-bedAED 1.35M · Dec 2024
7071-bedAED 709K · Sep 2024
7082-bedAED 1.21M · Dec 2024
1–7 of 8

706, Karma Residence in numbers

  • Sold once: by Clear Vision Real Estate Development on 9 January 2025 for AED 1,380,000, or AED 958 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 8.0%.
  • 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 August 2025.

Questions about 706, Karma Residence

What did unit 706 last sell for?

AED 1,380,000 on 9 January 2025, sold by the developer: AED 958 per sqft for 1,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 110,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 110,000.

How big is unit 706?

1,440 sqft (133.8 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower.

What is unit 706 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 706, Karma Residence

Starts from the last sale price (AED 1.38M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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