2-bed · 1,243 sqftLIV Residence, Dubai Marina · 5th floor · completed 2020

506, LIV Residence

Sold prices and rental history: sold 4 times, last in January 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.47M10 January 2023
Current rentAED 190K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, LIV Residence

What is 506 worth today?

Last sold for AED 3,470,000 in 2023

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1 Oct 2024RentedNew contract
AED 190,000/yr12 months · AED 153 per sqft
10 Jan 2023SoldReady
AED 3,470,000AED 2,791 per sqft
1 Nov 2022SoldReady
AED 2,700,000AED 2,172 per sqft
22 Sep 2021SoldReady
AED 2,200,000AED 1,769 per sqft
7 Jun 2018Sold by developerOff-plan
AED 2,024,548AED 1,628 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,243 sqft
Floor
5th of 26
Parking
B3-P10
Developer
LIV Real Estate Development
Completed
2020
Service charge
AED 28,700 /yr
Last sold
AED 3.47M · January 2023

About 506, LIV Residence

506 is a two-bedroom apartment of 1,243 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 10 January 2023 for AED 3,470,000, or AED 2,791 per sqft, 37% above the AED 2,032 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 190,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in LIV Residence
2M3M20182020202220242026Typical sale price by year: 2018 AED 2,155,048; 2019 AED 2,200,000; 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 3,125,000Sold by developer, June 2018: AED 2,024,548 (AED 1,628 per sqft)Sold, September 2021: AED 2,200,000 (AED 1,769 per sqft)Sold, November 2022: AED 2,700,000 (AED 2,172 per sqft)Sold, January 2023: AED 3,470,000 (AED 2,791 per sqft)

506 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506, each contractTypical two-bed in LIV Residence
150K200K2020202220242026Typical rent by year: 2020 AED 125,000; 2021 AED 124,522; 2022 AED 135,000; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 192,500New contract, October 2024: AED 190,000 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 LIV Residence, and where 506 sits

All 83 2-beds →

506 last sold in January 2023 at AED 2,791 per sqft, 37% above what two-beds in LIV Residence were fetching at the time (AED 2,032). 506's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20253,375,000
24 Jun 20253,800,000
23 Jun 20252,670,000
20 Jun 20253,400,000
0 2-bed sales in the last 12 months

LIV Residence

Building

180 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%
LIV Residence, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 180 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
5071-bedAED 2.36M · Dec 2024
5081-bedAED 1.41M · May 2018
1–7 of 8

506, LIV Residence in numbers

  • Sold 4 times: first on 7 June 2018 for AED 2,024,548, last on 10 January 2023 for AED 3,470,000 (AED 2,791 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 28,700 a year (AED 23.08 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 506, LIV Residence

What did unit 506 last sell for?

AED 3,470,000 on 10 January 2023: AED 2,791 per sqft for 1,243 sqft. The unit has 4 registered sales; the first was AED 2,024,548 in June 2018.

What is the rent for unit 506?

AED 190,000 a year on the contract signed on 1 October 2024.

How big is unit 506?

1,243 sqft (115.5 sqm): a two-bedroom apartment on the 5th floor of a 26-storey tower completed in 2020.

What is unit 506 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 506, LIV Residence

Starts from the last sale price (AED 3.47M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,470,000
Deposit, UAE resident (20%)
AED 694,000
Deposit, non-resident (40%)
AED 1,388,000
Monthly over 25 years at 3.7%
AED 14,197

Plus AED 150,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →