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1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 12th floor · completed 2018

1206, Vida Residence Downtown

Sold prices and rental history: sold twice, last in November 2014, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 27 May 2023
Last soldAED 1.86M20 November 2014
Current rentAED 140K /yr27 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, Vida Residence Downtown

What is 1206 worth today?

Last sold for AED 1,857,500 in 2014

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27 May 2023RentedNew contract
AED 140,000/yr12 months · AED 191 per sqft
20 Nov 2014SoldOff-plan
AED 1,857,500AED 2,539 per sqft
27 Oct 2014Sold by developerOff-plan
AED 1,689,888AED 2,310 per sqft

Source: Dubai Land Department. Updated 27 May 2023.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
12th of 58
Parking
B3-30
Developer
Emaar
Completed
2018
Last sold
AED 1.86M · November 2014
Building
Vida Residence Downtown

About 1206, Vida Residence Downtown

1206 is a one-bedroom hotel apartment of 731 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 20 November 2014 for AED 1,857,500, or AED 2,539 per sqft, 15% above the AED 2,201 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 May 2023. The current contract, signed on 27 May 2023, is AED 140,000 a year: a gross yield of 7.5% on the 2014 price.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Vida Residence Downtown
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 1,680,888; 2015 AED 1,715,446; 2016 AED 1,611,733; 2017 AED 1,732,888; 2019 AED 1,325,000; 2020 AED 1,350,000; 2021 AED 1,500,000; 2022 AED 1,690,000; 2023 AED 2,200,000; 2024 AED 2,280,000; 2025 AED 2,380,000; 2026 AED 2,100,000Sold by developer, October 2014: AED 1,689,888 (AED 2,310 per sqft)Sold, November 2014: AED 1,857,500 (AED 2,539 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Vida Residence Downtown
100K150K20192021202320252027Typical rent by year: 2019 AED 95,000; 2020 AED 90,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 127,571New contract, May 2023: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vida Residence Downtown, and where 1206 sits

All 100 1-beds →

1206 last sold in November 2014 at AED 2,539 per sqft, 15% above what one-beds in Vida Residence Downtown were fetching at the time (AED 2,201). Over the last 12 months one-beds sold for AED 1,600,000 to 2,400,000, around AED 2,918 per sqft, and rent for AED 93,000 to 185,000 a year. 1206's AED 140,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20262,100,000
24 Sep 20262,100,000
3 Jun 20262,100,000
30 Mar 20262,400,000
8 1-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 12th floor

All 343 units in Vida Residence Downtown
Value
12012-bedAED 27K · Jul 2026
12023-bedAED 6.15M · Jan 2026
12032-bedAED 2.35M · Jul 2020
12042-bedAED 4.7M · Sep 2025
12051-bedAED 1.35M · Feb 2021
12071-bedAED 1.63M · May 2015
12082-bedAED 3.96M · Oct 2014

1206, Vida Residence Downtown in numbers

  • Sold twice: first on 27 October 2014 for AED 1,689,888, last on 20 November 2014 for AED 1,857,500 (AED 2,539 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 7.5%.
  • One-beds in Vida Residence Downtown sold for AED 1,600,000–2,400,000 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 27 May 2023.

Questions about 1206, Vida Residence Downtown

What did unit 1206 last sell for?

AED 1,857,500 on 20 November 2014: AED 2,539 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,689,888 in October 2014.

What is the rent for unit 1206?

AED 140,000 a year on the contract signed on 27 May 2023.

How big is unit 1206?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2018.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vida Residence Downtown sold for AED 1,600,000 to 2,400,000 in the last 12 months, around AED 2,918 per sqft.

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Mortgage on 1206, Vida Residence Downtown

Starts from the last sale price (AED 1.86M, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,857,500
Deposit, UAE resident (20%)
AED 371,500
Deposit, non-resident (40%)
AED 743,000
Monthly over 25 years at 3.7%
AED 7,600

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