1602, LIV Residence
Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, LIV Residence
What is 1602 worth today?
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Source: Dubai Land Department. Updated 17 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,418 sqft
- Floor
- 16th of 26
- Parking
- B3-P41
- Developer
- LIV Real Estate Development
- Completed
- 2020
- Service charge
- AED 32,700 /yr
- Last sold
- AED 2.11M · April 2019
- Building
- LIV Residence
About 1602, LIV Residence
1602 is a two-bedroom apartment of 1,418 sqft on the 16th floor of LIV Residence, a 26-storey tower in Dubai Marina completed in 2020 by LIV Real Estate Development. The developer sold it on 9 April 2019 for AED 2,114,548, or AED 1,491 per sqft, 8% below the AED 1,623 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 December 2024, is AED 140,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 32,700 a year.
Sales and rents for 1602 over time
1602 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 LIV Residence, and where 1602 sits
All 83 2-beds →1602 last sold in April 2019 at AED 1,491 per sqft, 8% below what two-beds in LIV Residence were fetching at the time (AED 1,623). 1602's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 1,321 sqft | 3,375,000 | 2,554 | ||
| 24 Jun 202524 June 2025 | 1,395 sqft | 3,800,000 | 2,723 | ||
| 23 Jun 202523 June 2025 | 1,050 sqft | 2,670,000 | 2,543 | ||
| 20 Jun 202520 June 2025 | 1,393 sqft | 3,400,000 | 2,441 |
LIV Residence
Building180 apartments, studios to 4-bed over 26 floors in Dubai Marina, completed in 2020 by LIV Real Estate Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,515
- Typical sale
- AED 2.03M
- Typical rent
- AED 155K /yr
- Typical yield
- 6.0%
Other units on the 16th floor
All 180 units in LIV Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,304 sqft | AED 2.76MAED 2,760,416 · Mar 2025March 2025 | 208,000 /yr | |
| 1603 | 1-bed | 991 sqft | AED 1.89MAED 1,887,548 · Sep 2021September 2021 | ||
| 1604 | 2-bed | 1,321 sqft | AED 3.38MAED 3,375,000 · Jul 2025July 2025 | 170,000 /yr | |
| 1605 | 3-bed | 1,765 sqft | AED 2.97MAED 2,969,548 · Apr 2019April 2019 | ||
| 1606 | 2-bed | 1,395 sqft | AED 2.26MAED 2,261,548 · Aug 2018August 2018 | 190,000 /yr |
1602, LIV Residence in numbers
- Sold once: by LIV Real Estate Development on 9 April 2019 for AED 2,114,548, or AED 1,491 per sqft.
- Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2024 and recovered to AED 140,000 by December 2024.
- At AED 140,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 32,700 a year (AED 23.08 per sqft).
Source: Dubai Land Department. Updated 17 December 2024.
Questions about 1602, LIV Residence
What did unit 1602 last sell for?
AED 2,114,548 on 9 April 2019, sold by the developer: AED 1,491 per sqft for 1,418 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 140,000 a year on the contract signed on 17 December 2024. The previous contract, from June 2024, was AED 105,000; the unit has been rented since June 2020.
How big is unit 1602?
1,418 sqft (131.7 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2020.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1602, LIV Residence
Starts from the last sale price (AED 2.11M, 9 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,114,548
- Deposit, UAE resident (20%)
- AED 422,910
- Deposit, non-resident (40%)
- AED 845,819
- Monthly over 25 years at 3.7%
- AED 8,651
Plus AED 93,821 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →