1203, Vida Residence Downtown
Sold prices and rental history: sold twice, last in July 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Vida Residence Downtown
What is 1203 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,389 sqft
- Floor
- 12th of 58
- Parking
- B2-32
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 2.35M · July 2020
- Building
- Vida Residence Downtown
About 1203, Vida Residence Downtown
1203 is a two-bedroom hotel apartment of 1,389 sqft on the 12th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 23 July 2020 for AED 2,350,000, or AED 1,691 per sqft, 21% below the AED 2,138 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 September 2024, is AED 255,000 a year: a gross yield of 10.8% on the 2020 price.
Sales and rents for 1203 over time
1203 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 1203 sits
All 144 2-beds →1203 last sold in July 2020 at AED 1,691 per sqft, 21% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,138). 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. 1203's AED 255,000 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 12th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,386 sqft | AED 27KAED 27,069 · Jul 2026July 2026 | 220,000 /yr | |
| 1202 | 3-bed | 2,012 sqft | AED 6.15MAED 6,150,000 · Jan 2026January 2026 | 260,000 /yr | |
| 1204 | 2-bed | 1,641 sqft | AED 4.7MAED 4,700,000 · Sep 2025September 2025 | ||
| 1205 | 1-bed | 774 sqft | AED 1.35MAED 1,350,000 · Feb 2021February 2021 | 140,000 /yr | |
| 1206 | 1-bed | 731 sqft | AED 1.86MAED 1,857,500 · Nov 2014November 2014 | 140,000 /yr | |
| 1207 | 1-bed | 767 sqft | AED 1.63MAED 1,631,888 · May 2015May 2015 | 150,000 /yr | |
| 1208 | 2-bed | 1,640 sqft | AED 3.96MAED 3,959,888 · Oct 2014October 2014 |
1203, Vida Residence Downtown in numbers
- Sold twice: first on 8 December 2014 for AED 3,355,888, last on 23 July 2020 for AED 2,350,000 (AED 1,691 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 260,000 to AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2020 price is 10.8%.
- 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 30 September 2024.
Questions about 1203, Vida Residence Downtown
What did unit 1203 last sell for?
AED 2,350,000 on 23 July 2020: AED 1,691 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 3,355,888 in December 2014.
What is the rent for unit 1203?
AED 255,000 a year on the contract signed on 30 September 2024. The previous contract, from June 2023, was AED 260,000; the unit has been rented since June 2022.
How big is unit 1203?
1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2018.
What is unit 1203 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 1203, Vida Residence Downtown
Starts from the last sale price (AED 2.35M, 23 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →