3-bed · 2,012 sqftVida Residence Downtown, Downtown Dubai · 14th floor · completed 2018

1402, Vida Residence Downtown

Sold prices and rental history: sold twice, last in November 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 5.47M3 November 2015
Current rentAED 450K /yr3 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Vida Residence Downtown

What is 1402 worth today?

Last sold for AED 5,468,204 in 2015

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3 Nov 2023RentedNew contract
AED 450,000/yr12 months · AED 224 per sqft
11 Sep 2021RentedNew contract
AED 300,000/yr12 months · AED 149 per sqft
11 Sep 2020RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
3 Nov 2015SoldOff-plan
AED 5,468,204AED 2,717 per sqft
27 Oct 2014Sold by developerOff-plan
AED 5,257,888AED 2,613 per sqft

Source: Dubai Land Department. Updated 3 November 2023.

Key facts

Type
3-bed hotel apartment
Size
2,012 sqft
Floor
14th of 58
Parking
B3-134 ,B3-144
Developer
Emaar
Completed
2018
Last sold
AED 5.47M · November 2015

About 1402, Vida Residence Downtown

1402 is a three-bedroom hotel apartment of 2,012 sqft on the 14th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 3 November 2015 for AED 5,468,204, or AED 2,717 per sqft, 4% below the AED 2,816 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 3 November 2023, is AED 450,000 a year: a gross yield of 8.2% on the 2015 price.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical three-bed in Vida Residence Downtown
2.5M5M7.5M2014201820222026Typical sale price by year: 2014 AED 5,331,888; 2015 AED 5,500,000; 2018 AED 3,100,000; 2019 AED 5,968,242; 2020 AED 6,046,888; 2021 AED 4,650,000; 2022 AED 5,700,000; 2023 AED 6,250,000; 2024 AED 6,300,000; 2025 AED 6,725,000; 2026 AED 7,600,000Sold by developer, October 2014: AED 5,257,888 (AED 2,613 per sqft)Sold, November 2015: AED 5,468,204 (AED 2,717 per sqft)

1402 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1402, each contractTypical three-bed in Vida Residence Downtown
200K400K20192021202320252027Typical rent by year: 2019 AED 250,000; 2020 AED 210,000; 2021 AED 250,000; 2022 AED 375,000; 2023 AED 400,000; 2024 AED 413,500; 2025 AED 435,000; 2026 AED 370,000New contract, September 2020: AED 200,000 a yearNew contract, September 2021: AED 300,000 a yearNew contract, November 2023: AED 450,000 a year

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

3-beds in Vida Residence Downtown, and where 1402 sits

All 81 3-beds →

1402 last sold in November 2015 at AED 2,717 per sqft, 4% below what three-beds in Vida Residence Downtown were fetching at the time (AED 2,816). Over the last 12 months three-beds sold for AED 6,150,000 to 17,500,000, around AED 3,697 per sqft, and rent for AED 310,000 to 820,000 a year. 1402's AED 450,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 202617,500,000
25 Aug 20268,185,000
13 May 202616,000,000
12 May 20266,300,000
8 3-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 14th floor

All 343 units in Vida Residence Downtown
Value
14012-bedAED 3.33M · Dec 2014
14032-bedAED 3.62M · May 2014
14042-bedAED 4.09M · Mar 2014
14051-bedAED 2.4M · Mar 2026
14061-bedAED 1.77M · Oct 2014
14071-bedAED 2.1M · Feb 2023
14082-bedAED 4.6M · Jan 2025

1402, Vida Residence Downtown in numbers

  • Sold twice: first on 27 October 2014 for AED 5,257,888, last on 3 November 2015 for AED 5,468,204 (AED 2,717 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 200,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2015 price is 8.2%.
  • Three-beds in Vida Residence Downtown sold for AED 6,150,000–17,500,000 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 3 November 2023.

Questions about 1402, Vida Residence Downtown

What did unit 1402 last sell for?

AED 5,468,204 on 3 November 2015: AED 2,717 per sqft for 2,012 sqft. The unit has 2 registered sales; the first was AED 5,257,888 in October 2014.

What is the rent for unit 1402?

AED 450,000 a year on the contract signed on 3 November 2023. The previous contract, from September 2021, was AED 300,000; the unit has been rented since September 2020.

How big is unit 1402?

2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2018.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence Downtown sold for AED 6,150,000 to 17,500,000 in the last 12 months, around AED 3,697 per sqft.

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Mortgage on 1402, Vida Residence Downtown

Starts from the last sale price (AED 5.47M, 3 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,468,204
Deposit, UAE resident (20%)
AED 1,093,641
Deposit, non-resident (40%)
AED 2,187,282
Monthly over 25 years at 3.7%
AED 22,372

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