1-bed · 767 sqftVida Residence Downtown, Downtown Dubai · 14th floor · completed 2018

1407, Vida Residence Downtown

Sold prices and rental history: sold 4 times, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 2.1M21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Vida Residence Downtown

What is 1407 worth today?

Last sold for AED 2,100,000 in 2023

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21 Feb 2023SoldReady
AED 2,100,000AED 2,737 per sqft
8 Apr 2021SoldReady
AED 1,600,000AED 2,085 per sqft
26 Jun 2014SoldOff-plan
AED 1,803,877AED 2,351 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,639,888AED 2,137 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
14th of 58
Parking
B3-51
Developer
Emaar
Completed
2018
Last sold
AED 2.1M · February 2023

About 1407, Vida Residence Downtown

1407 is a one-bedroom hotel apartment of 767 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 21 February 2023 for AED 2,100,000, or AED 2,737 per sqft, 18% above the AED 2,310 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1407 over time

Sales
Unit 1407, 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 1,639,888 (AED 2,137 per sqft)Sold, June 2014: AED 1,803,877 (AED 2,351 per sqft)Sold, April 2021: AED 1,600,000 (AED 2,085 per sqft)Sold, February 2023: AED 2,100,000 (AED 2,737 per sqft)

1407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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 127,571

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 1407 sits

All 100 1-beds →

1407 last sold in February 2023 at AED 2,737 per sqft, 18% above what one-beds in Vida Residence Downtown were fetching at the time (AED 2,310). 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.

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
14061-bedAED 1.77M · Oct 2014
14082-bedAED 4.6M · Jan 2025

1407, Vida Residence Downtown in numbers

  • Sold 4 times: first on 26 March 2014 for AED 1,639,888, last on 21 February 2023 for AED 2,100,000 (AED 2,737 per sqft).
  • 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 21 February 2023.

Questions about 1407, Vida Residence Downtown

What did unit 1407 last sell for?

AED 2,100,000 on 21 February 2023: AED 2,737 per sqft for 767 sqft. The unit has 4 registered sales; the first was AED 1,639,888 in March 2014.

How big is unit 1407?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2018.

What is unit 1407 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 1407, Vida Residence Downtown

Starts from the last sale price (AED 2.1M, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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