2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 11th floor · completed 2018

1108, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 3.95M27 October 2014
Current rentAED 240K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Vida Residence Downtown

What is 1108 worth today?

Last sold for AED 3,947,888 in 2014

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20 Oct 2023RentedRenewal
AED 240,000/yr12 months · AED 147 per sqft
20 Oct 2022RentedNew contract
AED 300,000/yr12 months · AED 183 per sqft
4 Jan 2021RentedNew contract
AED 175,000/yr12 months · AED 107 per sqft
11 Aug 2020RentedNew contract
AED 150,000/yr12 months · AED 92 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,947,888AED 2,407 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
11th of 58
Parking
B3-138
Developer
Emaar
Completed
2018
Last sold
AED 3.95M · October 2014

About 1108, Vida Residence Downtown

1108 is a two-bedroom hotel apartment of 1,640 sqft on the 11th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 27 October 2014 for AED 3,947,888, or AED 2,407 per sqft, in line with the AED 2,474 two-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 20 October 2023, is AED 240,000 a year: a gross yield of 6.1% on the 2014 price.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical two-bed in Vida Residence Downtown
3M4M5M2014201820222026Typical sale price by year: 2014 AED 3,536,388; 2015 AED 3,846,888; 2016 AED 3,435,888; 2017 AED 3,100,000; 2018 AED 3,573,444; 2019 AED 3,837,888; 2020 AED 2,512,500; 2021 AED 3,382,055; 2022 AED 3,525,000; 2023 AED 3,935,000; 2024 AED 4,400,000; 2025 AED 4,630,000; 2026 AED 4,600,000Sold by developer, October 2014: AED 3,947,888 (AED 2,407 per sqft)

1108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 150,000; 2021 AED 180,000; 2022 AED 260,000; 2023 AED 278,000; 2024 AED 285,000; 2025 AED 271,500; 2026 AED 255,000New contract, August 2020: AED 150,000 a yearNew contract, January 2021: AED 175,000 a yearNew contract, October 2022: AED 300,000 a yearRenewal, October 2023: AED 240,000 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 Vida Residence Downtown, and where 1108 sits

All 144 2-beds →

1108 last sold in October 2014 at AED 2,407 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,474). 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. 1108's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20264,550,000
21 Sep 20265,025,000
2 Sep 20263,950,000
14 Aug 20264,300,000
17 2-bed sales in the last 12 months

Vida Residence Downtown

Building

343 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%
Vida Residence Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 343 units in Vida Residence Downtown
Value
11012-bedAED 3.1M · May 2022
11023-bedAED 6.3M · May 2026
11032-bedAED 3.6M · Aug 2022
11042-bedAED 4.2M · Jul 2023
11051-bedAED 2.15M · Apr 2023
11061-bedAED 2.5M · Apr 2025
11071-bedAED 1.8M · Oct 2022

1108, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 27 October 2014 for AED 3,947,888, or AED 2,407 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 150,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2014 price is 6.1%.
  • 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 20 October 2023.

Questions about 1108, Vida Residence Downtown

What did unit 1108 last sell for?

AED 3,947,888 on 27 October 2014, sold by the developer: AED 2,407 per sqft for 1,640 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 240,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 300,000; the unit has been rented since August 2020.

How big is unit 1108?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 11th floor of a 58-storey tower completed in 2018.

What is unit 1108 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 1108, Vida Residence Downtown

Starts from the last sale price (AED 3.95M, 27 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,947,888
Deposit, UAE resident (20%)
AED 789,578
Deposit, non-resident (40%)
AED 1,579,155
Monthly over 25 years at 3.7%
AED 16,152

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →