1002, Vida Residence Downtown
Sold prices and rental history: sold 3 times, last in January 2025, 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 1002, Vida Residence Downtown
What is 1002 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,012 sqft
- Floor
- 10th of 58
- Parking
- L1-15 ,L1-17
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 6M · January 2025
- Building
- Vida Residence Downtown
About 1002, Vida Residence Downtown
1002 is a three-bedroom hotel apartment of 2,012 sqft on the 10th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 15 January 2025 for AED 6,000,000, or AED 2,981 per sqft, in line with the AED 2,981 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 500,000 a year: a gross yield of 8.3% on the 2025 price.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Vida Residence Downtown, and where 1002 sits
All 81 3-beds →1002 last sold in January 2025 at AED 2,981 per sqft, in line with what three-beds in Vida Residence Downtown were fetching at the time (AED 2,981). Over the last 12 months three-beds sold for AED 6,150,000 to 17,500,000, around AED 3,697 per sqft, and rent for AED 310,000 to 820,000 a year. 1002's AED 500,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 2,229 sqft | 17,500,000 | 7,850 | ||
| 25 Aug 202625 August 2026 | 2,229 sqft | 8,185,000 | 3,671 | ||
| 13 May 202613 May 2026 | 2,014 sqft | 16,000,000 | 7,943 | ||
| 12 May 202612 May 2026 | 2,012 sqft | 6,300,000 | 3,131 |
Vida Residence Downtown
Building343 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2018 by Emaar. 34 sold in the last 12 months.
- Typical price per sqft
- AED 3,198 Up 2.1%
- Typical sale
- AED 4.6M
- Typical rent
- AED 200K /yr
- Typical yield
- 5.4%
Other units on the 10th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,386 sqft | AED 3.45MAED 3,450,000 · Aug 2022August 2022 | 190,000 /yr | |
| 1003 | 2-bed | 1,389 sqft | AED 3.5MAED 3,500,000 · Jan 2023January 2023 | 260,000 /yr | |
| 1004 | 2-bed | 1,641 sqft | AED 4.85MAED 4,850,000 · Aug 2024August 2024 | 300,000 /yr | |
| 1005 | 1-bed | 774 sqft | AED 1.26MAED 1,260,000 · Jan 2021January 2021 | 170,000 /yr | |
| 1006 | 1-bed | 731 sqft | AED 1.5MAED 1,500,000 · Dec 2021December 2021 | 125,000 /yr | |
| 1007 | 1-bed | 767 sqft | AED 2.25MAED 2,250,000 · Jun 2025June 2025 | 175,000 /yr | |
| 1008 | 2-bed | 1,640 sqft | AED 3.75MAED 3,750,000 · Jun 2022June 2022 | 170,000 /yr |
1002, Vida Residence Downtown in numbers
- Sold 3 times: first on 8 December 2014 for AED 5,198,888, last on 15 January 2025 for AED 6,000,000 (AED 2,981 per sqft).
- Rented since January 2020 on 4 Ejari contracts, from AED 245,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2025 price is 8.3%.
- Three-beds in Vida Residence Downtown sold for AED 6,150,000–17,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,198 per sqft.
Source: Dubai Land Department. Updated 15 January 2025.
Questions about 1002, Vida Residence Downtown
What did unit 1002 last sell for?
AED 6,000,000 on 15 January 2025: AED 2,981 per sqft for 2,012 sqft. The unit has 3 registered sales; the first was AED 5,198,888 in December 2014.
What is the rent for unit 1002?
AED 500,000 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 440,000; the unit has been rented since January 2020.
How big is unit 1002?
2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2018.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence Downtown sold for AED 6,150,000 to 17,500,000 in the last 12 months, around AED 3,697 per sqft.
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Mortgage on 1002, Vida Residence Downtown
Starts from the last sale price (AED 6M, 15 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →