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1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 14th floor · completed 2018

1406, Vida Residence Downtown

Sold prices and rental history: sold twice, last in October 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 15 January 2022
Last soldAED 1.77M16 October 2014
Current rentAED 135K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Vida Residence Downtown

What is 1406 worth today?

Last sold for AED 1,765,803 in 2014

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15 Jan 2022RentedNew contract
AED 135,000/yr12 months · AED 184 per sqft
5 Jan 2021RentedNew contract
AED 97,000/yr12 months · AED 133 per sqft
16 Oct 2014SoldOff-plan
AED 1,765,803AED 2,414 per sqft
8 Jul 2014Sold by developerOff-plan
AED 1,697,888AED 2,321 per sqft

Source: Dubai Land Department. Updated 15 January 2022.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
14th of 58
Parking
B3-14
Developer
Emaar
Completed
2018
Last sold
AED 1.77M · October 2014
Building
Vida Residence Downtown

About 1406, Vida Residence Downtown

1406 is a one-bedroom hotel apartment of 731 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 16 October 2014 for AED 1,765,803, or AED 2,414 per sqft, 10% above the AED 2,201 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 January 2022, is AED 135,000 a year: a gross yield of 7.6% on the 2014 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, July 2014: AED 1,697,888 (AED 2,321 per sqft)Sold, October 2014: AED 1,765,803 (AED 2,414 per sqft)

1406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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, January 2021: AED 97,000 a yearNew contract, January 2022: AED 135,000 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 1406 sits

All 100 1-beds →

1406 last sold in October 2014 at AED 2,414 per sqft, 10% 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. 1406's AED 135,000 is in the lower 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 14th floor

All 343 units in Vida Residence Downtown
Value
14012-bedAED 3.33M · Dec 2014
14023-bedAED 5.47M · Nov 2015
14032-bedAED 3.62M · May 2014
14042-bedAED 4.09M · Mar 2014
14051-bedAED 2.4M · Mar 2026
14071-bedAED 2.1M · Feb 2023
14082-bedAED 4.6M · Jan 2025

1406, Vida Residence Downtown in numbers

  • Sold twice: first on 8 July 2014 for AED 1,697,888, last on 16 October 2014 for AED 1,765,803 (AED 2,414 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 97,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2014 price is 7.6%.
  • 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 15 January 2022.

Questions about 1406, Vida Residence Downtown

What did unit 1406 last sell for?

AED 1,765,803 on 16 October 2014: AED 2,414 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,697,888 in July 2014.

What is the rent for unit 1406?

AED 135,000 a year on the contract signed on 15 January 2022. The previous contract, from January 2021, was AED 97,000.

How big is unit 1406?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2018.

What is unit 1406 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 1406, Vida Residence Downtown

Starts from the last sale price (AED 1.77M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,765,803
Deposit, UAE resident (20%)
AED 353,161
Deposit, non-resident (40%)
AED 706,321
Monthly over 25 years at 3.7%
AED 7,224

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