1502, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Vida Residence Downtown
What is 1502 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,012 sqft
- Floor
- 15th of 58
- Parking
- L1-10 ,L1-22
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 5.88M · October 2014
- Building
- Vida Residence Downtown
About 1502, Vida Residence Downtown
1502 is a three-bedroom hotel apartment of 2,012 sqft on the 15th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 27 October 2014 for AED 5,878,888, or AED 2,921 per sqft, 10% above the AED 2,651 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 400,000 a year: a gross yield of 6.8% on the 2014 price.
Sales and rents for 1502 over time
1502 has sold once; the dashed line is the three-bed median of each year in the building.
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 1502 sits
All 81 3-beds →1502 last sold in October 2014 at AED 2,921 per sqft, 10% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,651). 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. 1502's AED 400,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 2,229 sqft | 17,500,000 | 7,850 | ||
| 25 Aug 202625 August 2026 | 2,229 sqft | 8,185,000 | 3,671 | ||
| 13 May 202613 May 2026 | 2,014 sqft | 16,000,000 | 7,943 | ||
| 12 May 202612 May 2026 | 2,012 sqft | 6,300,000 | 3,131 |
Vida Residence Downtown
Building343 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%
Other units on the 15th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,386 sqft | AED 2MAED 2,000,000 · Mar 2019March 2019 | ||
| 1503 | 2-bed | 1,389 sqft | AED 4.5MAED 4,500,000 · Jul 2026July 2026 | 103,333 /yr | |
| 1504 | 2-bed | 1,641 sqft | AED 4MAED 4,000,000 · Feb 2023February 2023 | 220,000 /yr | |
| 1505 | 1-bed | 774 sqft | AED 1.75MAED 1,750,000 · Jun 2022June 2022 | 120,000 /yr | |
| 1506 | 1-bed | 731 sqft | AED 1.69MAED 1,690,000 · May 2022May 2022 | 86,000 /yr | |
| 1507 | 1-bed | 767 sqft | AED 2MAED 2,000,000 · Sep 2022September 2022 | 120,000 /yr | |
| 1508 | 2-bed | 1,640 sqft | AED 2.53MAED 2,525,000 · Dec 2020December 2020 | 350,000 /yr |
1502, Vida Residence Downtown in numbers
- Sold once: by Emaar on 27 October 2014 for AED 5,878,888, or AED 2,921 per sqft.
- Rented since September 2021 on 4 Ejari contracts, from AED 290,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2014 price is 6.8%.
- 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 1 September 2024.
Questions about 1502, Vida Residence Downtown
What did unit 1502 last sell for?
AED 5,878,888 on 27 October 2014, sold by the developer: AED 2,921 per sqft for 2,012 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 400,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 400,000; the unit has been rented since September 2021.
How big is unit 1502?
2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2018.
What is unit 1502 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 1502, Vida Residence Downtown
Starts from the last sale price (AED 5.88M, 27 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,878,888
- Deposit, UAE resident (20%)
- AED 1,175,778
- Deposit, non-resident (40%)
- AED 2,351,555
- Monthly over 25 years at 3.7%
- AED 24,052
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →