diff --git a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet6_0.verified.txt b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet6_0.verified.txt
index 08891ca66e..afe71e7047 100644
--- a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet6_0.verified.txt
+++ b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet6_0.verified.txt
@@ -349,6 +349,10 @@ namespace ReactiveUI
         string? PropertyName { get; }
         TSender Sender { get; }
     }
+    public interface IReactiveProperty<T> : System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        T Value { get; set; }
+    }
     public interface IRoutableViewModel : ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging
     {
         ReactiveUI.IScreen HostScreen { get; }
@@ -750,6 +754,20 @@ namespace ReactiveUI
         public TSender Sender { get; }
     }
     [System.Runtime.Serialization.DataContract]
+    public class ReactiveProperty<T> : ReactiveUI.ReactiveObject, ReactiveUI.IReactiveProperty<T>, System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        public ReactiveProperty() { }
+        public ReactiveProperty(T? initialValue) { }
+        public ReactiveProperty(T? initialValue, System.Reactive.Concurrency.IScheduler? scheduler) { }
+        public bool IsDisposed { get; }
+        [System.Runtime.Serialization.DataMember]
+        [System.Text.Json.Serialization.JsonInclude]
+        public T Value { get; set; }
+        public void Dispose() { }
+        protected virtual void Dispose(bool disposing) { }
+        public System.IDisposable Subscribe(System.IObserver<T?> observer) { }
+    }
+    [System.Runtime.Serialization.DataContract]
     public class ReactiveRecord : ReactiveUI.IHandleObservableErrors, ReactiveUI.IReactiveNotifyPropertyChanged<ReactiveUI.IReactiveObject>, ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging, System.IEquatable<ReactiveUI.ReactiveRecord>
     {
         public ReactiveRecord() { }
diff --git a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet7_0.verified.txt b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet7_0.verified.txt
index a5fc5ef9f0..2ca65762ff 100644
--- a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet7_0.verified.txt
+++ b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet7_0.verified.txt
@@ -349,6 +349,10 @@ namespace ReactiveUI
         string? PropertyName { get; }
         TSender Sender { get; }
     }
+    public interface IReactiveProperty<T> : System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        T Value { get; set; }
+    }
     public interface IRoutableViewModel : ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging
     {
         ReactiveUI.IScreen HostScreen { get; }
@@ -750,6 +754,20 @@ namespace ReactiveUI
         public TSender Sender { get; }
     }
     [System.Runtime.Serialization.DataContract]
+    public class ReactiveProperty<T> : ReactiveUI.ReactiveObject, ReactiveUI.IReactiveProperty<T>, System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        public ReactiveProperty() { }
+        public ReactiveProperty(T? initialValue) { }
+        public ReactiveProperty(T? initialValue, System.Reactive.Concurrency.IScheduler? scheduler) { }
+        public bool IsDisposed { get; }
+        [System.Runtime.Serialization.DataMember]
+        [System.Text.Json.Serialization.JsonInclude]
+        public T Value { get; set; }
+        public void Dispose() { }
+        protected virtual void Dispose(bool disposing) { }
+        public System.IDisposable Subscribe(System.IObserver<T?> observer) { }
+    }
+    [System.Runtime.Serialization.DataContract]
     public class ReactiveRecord : ReactiveUI.IHandleObservableErrors, ReactiveUI.IReactiveNotifyPropertyChanged<ReactiveUI.IReactiveObject>, ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging, System.IEquatable<ReactiveUI.ReactiveRecord>
     {
         public ReactiveRecord() { }
diff --git a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet8_0.verified.txt b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet8_0.verified.txt
index e38976eadc..6e4fff54e9 100644
--- a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet8_0.verified.txt
+++ b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.DotNet8_0.verified.txt
@@ -349,6 +349,10 @@ namespace ReactiveUI
         string? PropertyName { get; }
         TSender Sender { get; }
     }
+    public interface IReactiveProperty<T> : System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        T Value { get; set; }
+    }
     public interface IRoutableViewModel : ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging
     {
         ReactiveUI.IScreen HostScreen { get; }
@@ -750,6 +754,20 @@ namespace ReactiveUI
         public TSender Sender { get; }
     }
     [System.Runtime.Serialization.DataContract]
+    public class ReactiveProperty<T> : ReactiveUI.ReactiveObject, ReactiveUI.IReactiveProperty<T>, System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        public ReactiveProperty() { }
+        public ReactiveProperty(T? initialValue) { }
+        public ReactiveProperty(T? initialValue, System.Reactive.Concurrency.IScheduler? scheduler) { }
+        public bool IsDisposed { get; }
+        [System.Runtime.Serialization.DataMember]
+        [System.Text.Json.Serialization.JsonInclude]
+        public T Value { get; set; }
+        public void Dispose() { }
+        protected virtual void Dispose(bool disposing) { }
+        public System.IDisposable Subscribe(System.IObserver<T?> observer) { }
+    }
+    [System.Runtime.Serialization.DataContract]
     public class ReactiveRecord : ReactiveUI.IHandleObservableErrors, ReactiveUI.IReactiveNotifyPropertyChanged<ReactiveUI.IReactiveObject>, ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging, System.IEquatable<ReactiveUI.ReactiveRecord>
     {
         public ReactiveRecord() { }
diff --git a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.Net4_7.verified.txt b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.Net4_7.verified.txt
index f8a1b294b7..b6b8144d15 100644
--- a/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.Net4_7.verified.txt
+++ b/src/ReactiveUI.Tests/API/ApiApprovalTests.ReactiveUI.Net4_7.verified.txt
@@ -347,6 +347,10 @@ namespace ReactiveUI
         string? PropertyName { get; }
         TSender Sender { get; }
     }
+    public interface IReactiveProperty<T> : System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        T Value { get; set; }
+    }
     public interface IRoutableViewModel : ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging
     {
         ReactiveUI.IScreen HostScreen { get; }
@@ -748,6 +752,20 @@ namespace ReactiveUI
         public TSender Sender { get; }
     }
     [System.Runtime.Serialization.DataContract]
+    public class ReactiveProperty<T> : ReactiveUI.ReactiveObject, ReactiveUI.IReactiveProperty<T>, System.IDisposable, System.IObservable<T?>, System.Reactive.Disposables.ICancelable
+    {
+        public ReactiveProperty() { }
+        public ReactiveProperty(T? initialValue) { }
+        public ReactiveProperty(T? initialValue, System.Reactive.Concurrency.IScheduler? scheduler) { }
+        public bool IsDisposed { get; }
+        [System.Runtime.Serialization.DataMember]
+        [System.Text.Json.Serialization.JsonInclude]
+        public T Value { get; set; }
+        public void Dispose() { }
+        protected virtual void Dispose(bool disposing) { }
+        public System.IDisposable Subscribe(System.IObserver<T?> observer) { }
+    }
+    [System.Runtime.Serialization.DataContract]
     public class ReactiveRecord : ReactiveUI.IHandleObservableErrors, ReactiveUI.IReactiveNotifyPropertyChanged<ReactiveUI.IReactiveObject>, ReactiveUI.IReactiveObject, Splat.IEnableLogger, System.ComponentModel.INotifyPropertyChanged, System.ComponentModel.INotifyPropertyChanging, System.IEquatable<ReactiveUI.ReactiveRecord>
     {
         public ReactiveRecord() { }
diff --git a/src/ReactiveUI.Tests/ReactiveProperty/ReactivePropertyTest.cs b/src/ReactiveUI.Tests/ReactiveProperty/ReactivePropertyTest.cs
new file mode 100644
index 0000000000..3338337fb2
--- /dev/null
+++ b/src/ReactiveUI.Tests/ReactiveProperty/ReactivePropertyTest.cs
@@ -0,0 +1,28 @@
+// Copyright (c) 2023 .NET Foundation and Contributors. All rights reserved.
+// Licensed to the .NET Foundation under one or more agreements.
+// The .NET Foundation licenses this file to you under the MIT license.
+// See the LICENSE file in the project root for full license information.
+
+using Microsoft.Reactive.Testing;
+
+namespace ReactiveUI.Tests.ReactiveProperty
+{
+    public class ReactivePropertyTest : ReactiveTest
+    {
+        [Fact]
+        public void NormalCase()
+        {
+            var rp = new ReactiveProperty<string>();
+            Assert.Null(rp.Value);
+            rp.Subscribe(x => Assert.Null(x));
+        }
+
+        [Fact]
+        public void InitialValue()
+        {
+            var rp = new ReactiveProperty<string>("Hello world");
+            Assert.Equal(rp.Value, "Hello world");
+            rp.Subscribe(x => Assert.Equal(x, "Hello world"));
+        }
+    }
+}
diff --git a/src/ReactiveUI.Tests/ReactiveProperty/TestEnum.cs b/src/ReactiveUI.Tests/ReactiveProperty/TestEnum.cs
new file mode 100644
index 0000000000..6ced78b84a
--- /dev/null
+++ b/src/ReactiveUI.Tests/ReactiveProperty/TestEnum.cs
@@ -0,0 +1,14 @@
+// Copyright (c) 2023 .NET Foundation and Contributors. All rights reserved.
+// Licensed to the .NET Foundation under one or more agreements.
+// The .NET Foundation licenses this file to you under the MIT license.
+// See the LICENSE file in the project root for full license information.
+
+namespace ReactiveUI.Tests.ReactiveProperty
+{
+    internal enum TestEnum
+    {
+        None,
+        Enum1,
+        Enum2
+    }
+}
diff --git a/src/ReactiveUI/ReactiveProperty/IReactiveProperty.cs b/src/ReactiveUI/ReactiveProperty/IReactiveProperty.cs
new file mode 100644
index 0000000000..22d3f38566
--- /dev/null
+++ b/src/ReactiveUI/ReactiveProperty/IReactiveProperty.cs
@@ -0,0 +1,23 @@
+// Copyright (c) 2023 .NET Foundation and Contributors. All rights reserved.
+// Licensed to the .NET Foundation under one or more agreements.
+// The .NET Foundation licenses this file to you under the MIT license.
+// See the LICENSE file in the project root for full license information.
+
+namespace ReactiveUI;
+
+/// <summary>
+/// Reactive Property.
+/// </summary>
+/// <typeparam name="T">The type of the property.</typeparam>
+/// <seealso cref="IObservable&lt;T&gt;" />
+/// <seealso cref="ICancelable" />
+public interface IReactiveProperty<T> : IObservable<T?>, ICancelable
+{
+    /// <summary>
+    /// Gets or sets the value.
+    /// </summary>
+    /// <value>
+    /// The value.
+    /// </value>
+    public T? Value { get; set; }
+}
diff --git a/src/ReactiveUI/ReactiveProperty/ReactiveProperty.cs b/src/ReactiveUI/ReactiveProperty/ReactiveProperty.cs
new file mode 100644
index 0000000000..dedea1a4cd
--- /dev/null
+++ b/src/ReactiveUI/ReactiveProperty/ReactiveProperty.cs
@@ -0,0 +1,100 @@
+// Copyright (c) 2023 .NET Foundation and Contributors. All rights reserved.
+// Licensed to the .NET Foundation under one or more agreements.
+// The .NET Foundation licenses this file to you under the MIT license.
+// See the LICENSE file in the project root for full license information.
+
+namespace ReactiveUI;
+
+/// <summary>
+/// ReactiveProperty - a two way bindable declarative observable property with imperative get set.
+/// </summary>
+/// <typeparam name="T">The type of the property.</typeparam>
+/// <seealso cref="ReactiveObject" />
+/// <seealso cref="IReactiveProperty&lt;T&gt;" />
+[DataContract]
+public class ReactiveProperty<T> : ReactiveObject, IReactiveProperty<T>
+{
+    private readonly IScheduler _scheduler;
+    private readonly CompositeDisposable _disposables = [];
+    private T? _value;
+
+    /// <summary>
+    /// Initializes a new instance of the <see cref="ReactiveProperty{T}"/> class.
+    /// </summary>
+    public ReactiveProperty() => _scheduler = RxApp.TaskpoolScheduler;
+
+    /// <summary>
+    /// Initializes a new instance of the <see cref="ReactiveProperty{T}"/> class.
+    /// </summary>
+    /// <param name="initialValue">The initial value.</param>
+    public ReactiveProperty(T? initialValue)
+    {
+        Value = initialValue;
+        _scheduler = RxApp.TaskpoolScheduler;
+    }
+
+    /// <summary>
+    /// Initializes a new instance of the <see cref="ReactiveProperty{T}"/> class.
+    /// </summary>
+    /// <param name="initialValue">The initial value.</param>
+    /// <param name="scheduler">The scheduler.</param>
+    public ReactiveProperty(T? initialValue, IScheduler? scheduler)
+    {
+        Value = initialValue;
+        _scheduler = scheduler ?? RxApp.TaskpoolScheduler;
+    }
+
+    /// <summary>
+    /// Gets a value indicating whether gets a value that indicates whether the object is disposed.
+    /// </summary>
+    public bool IsDisposed => _disposables.IsDisposed;
+
+    /// <summary>
+    /// Gets or sets the value.
+    /// </summary>
+    /// <value>
+    /// The value.
+    /// </value>
+    [DataMember]
+    [JsonInclude]
+    public T? Value
+    {
+        get => _value;
+        set => this.RaiseAndSetIfChanged(ref _value, value);
+    }
+
+    /// <summary>
+    /// Performs application-defined tasks associated with freeing, releasing, or resetting unmanaged resources.
+    /// </summary>
+    public void Dispose()
+    {
+        Dispose(true);
+        GC.SuppressFinalize(this);
+    }
+
+    /// <summary>
+    /// Notifies the provider that an observer is to receive notifications.
+    /// </summary>
+    /// <param name="observer">The object that is to receive notifications.</param>
+    /// <returns>
+    /// A reference to an interface that allows observers to stop receiving notifications before
+    /// the provider has finished sending them.
+    /// </returns>
+    public IDisposable Subscribe(IObserver<T?> observer) =>
+        this.WhenAnyValue(vm => vm.Value)
+        .ObserveOn(_scheduler)
+        .Subscribe(observer)
+        .DisposeWith(_disposables);
+
+    /// <summary>
+    /// Releases unmanaged and - optionally - managed resources.
+    /// </summary>
+    /// <param name="disposing"><c>true</c> to release both managed and unmanaged resources; <c>false</c> to release only unmanaged resources.</param>
+    protected virtual void Dispose(bool disposing)
+    {
+        if (_disposables?.IsDisposed == false && disposing)
+        {
+            _disposables?.Dispose();
+        }
+    }
+}