1008, Vida Residence Downtown
Sold prices and rental history: sold twice, last in June 2022, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Vida Residence Downtown
What is 1008 worth today?
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Source: Dubai Land Department. Updated 7 June 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 10th of 58
- Parking
- B2-70
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 3.75M · June 2022
- Building
- Vida Residence Downtown
About 1008, Vida Residence Downtown
1008 is a two-bedroom hotel apartment of 1,640 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 7 June 2022 for AED 3,750,000, or AED 2,287 per sqft, in line with the AED 2,315 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 January 2020. The current contract, signed on 23 January 2020, is AED 170,000 a year: a gross yield of 4.5% on the 2022 price.
Sales and rents for 1008 over time
1008 has sold twice; 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 Vida Residence Downtown, and where 1008 sits
All 144 2-beds →1008 last sold in June 2022 at AED 2,287 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,315). Over the last 12 months two-beds sold for AED 3,950,000 to 7,500,000, around AED 3,239 per sqft, and rent for AED 90,000 to 550,000 a year. 1008's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,389 sqft | 4,550,000 | 3,275 | ||
| 21 Sep 202621 September 2026 | 1,641 sqft | 5,025,000 | 3,061 | ||
| 2 Sep 20262 September 2026 | 1,386 sqft | 3,950,000 | 2,850 | ||
| 14 Aug 202614 August 2026 | 1,386 sqft | 4,300,000 | 3,103 |
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 | |
| 1002 | 3-bed | 2,012 sqft | AED 6MAED 6,000,000 · Jan 2025January 2025 | 500,000 /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, Vida Residence Downtown in numbers
- Sold twice: first on 27 October 2014 for AED 3,936,888, last on 7 June 2022 for AED 3,750,000 (AED 2,287 per sqft).
- Rented since January 2020 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 4.5%.
- Two-beds in Vida Residence Downtown sold for AED 3,950,000–7,500,000 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 7 June 2022.
Questions about 1008, Vida Residence Downtown
What did unit 1008 last sell for?
AED 3,750,000 on 7 June 2022: AED 2,287 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 3,936,888 in October 2014.
What is the rent for unit 1008?
AED 170,000 a year on the contract signed on 23 January 2020.
How big is unit 1008?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 10th floor of a 58-storey tower completed in 2018.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residence Downtown sold for AED 3,950,000 to 7,500,000 in the last 12 months, around AED 3,239 per sqft.
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Mortgage on 1008, Vida Residence Downtown
Starts from the last sale price (AED 3.75M, 7 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,750,000
- Deposit, UAE resident (20%)
- AED 750,000
- Deposit, non-resident (40%)
- AED 1,500,000
- Monthly over 25 years at 3.7%
- AED 15,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →