1-bed · 767 sqftVida Residence Downtown, Downtown Dubai · 12th floor · completed 2018

1207, Vida Residence Downtown

Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 7 April 2024
Last soldAED 1.63M21 May 2015
Current rentAED 150K /yr7 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Vida Residence Downtown

What is 1207 worth today?

Last sold for AED 1,631,888 in 2015

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7 Apr 2024RentedNew contract
AED 150,000/yr12 months · AED 196 per sqft
15 Aug 2023RentedNew contract
AED 160,000/yr12 months · AED 209 per sqft
1 Aug 2023RentedNew contract
AED 179,000/yr12 months · AED 233 per sqft
4 May 2022RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
4 May 2021RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft
23 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
21 May 2015SoldOff-plan
AED 1,631,888AED 2,127 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,631,888AED 2,127 per sqft

Source: Dubai Land Department. Updated 7 April 2024.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
12th of 58
Parking
B3-115
Developer
Emaar
Completed
2018
Last sold
AED 1.63M · May 2015

About 1207, Vida Residence Downtown

1207 is a one-bedroom hotel apartment of 767 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 21 May 2015 for AED 1,631,888, or AED 2,127 per sqft, 4% below the AED 2,209 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 7 April 2024, is AED 150,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, March 2014: AED 1,631,888 (AED 2,127 per sqft)Sold, May 2015: AED 1,631,888 (AED 2,127 per sqft)

1207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, 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, September 2019: AED 90,000 a yearNew contract, May 2021: AED 105,000 a yearRenewal, May 2022: AED 105,000 a yearNew contract, August 2023: AED 160,000 a yearNew contract, August 2023: AED 179,000 a yearNew contract, April 2024: AED 150,000 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 1207 sits

All 100 1-beds →

1207 last sold in May 2015 at AED 2,127 per sqft, 4% below what one-beds in Vida Residence Downtown were fetching at the time (AED 2,209). 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. 1207's AED 150,000 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
12061-bedAED 1.86M · Nov 2014
12082-bedAED 3.96M · Oct 2014

1207, Vida Residence Downtown in numbers

  • Sold twice: first on 26 March 2014 for AED 1,631,888, last on 21 May 2015 for AED 1,631,888 (AED 2,127 per sqft).
  • Rented since September 2019 on 6 Ejari contracts, from AED 90,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2015 price is 9.2%.
  • 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 7 April 2024.

Questions about 1207, Vida Residence Downtown

What did unit 1207 last sell for?

AED 1,631,888 on 21 May 2015: AED 2,127 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,631,888 in March 2014.

What is the rent for unit 1207?

AED 150,000 a year on the contract signed on 7 April 2024. The previous contract, from August 2023, was AED 160,000; the unit has been rented since September 2019.

How big is unit 1207?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2018.

What is unit 1207 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 1207, Vida Residence Downtown

Starts from the last sale price (AED 1.63M, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,631,888
Deposit, UAE resident (20%)
AED 326,378
Deposit, non-resident (40%)
AED 652,755
Monthly over 25 years at 3.7%
AED 6,677

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