2-bed · 1,641 sqftVida Residence Downtown, Downtown Dubai · 16th floor · completed 2018

1604, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in March 2014, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 2 November 2019
Last soldAED 4.11M26 March 2014
Current rentAED 175K /yr2 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Vida Residence Downtown

What is 1604 worth today?

Last sold for AED 4,111,888 in 2014

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2 Nov 2019RentedNew contract
AED 175,000/yr12 months · AED 107 per sqft
26 Mar 2014Sold by developerOff-plan
AED 4,111,888AED 2,505 per sqft

Source: Dubai Land Department. Updated 2 November 2019.

Key facts

Type
2-bed hotel apartment
Size
1,641 sqft
Floor
16th of 58
Parking
B2-114
Developer
Emaar
Completed
2018
Last sold
AED 4.11M · March 2014

About 1604, Vida Residence Downtown

1604 is a two-bedroom hotel apartment of 1,641 sqft on the 16th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 26 March 2014 for AED 4,111,888, or AED 2,505 per sqft, in line with the AED 2,476 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 November 2019. The current contract, signed on 2 November 2019, is AED 175,000 a year: a gross yield of 4.3% on the 2014 price.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Vida Residence Downtown
3M4M5M2014201820222026Typical sale price by year: 2014 AED 3,536,388; 2015 AED 3,846,888; 2016 AED 3,435,888; 2017 AED 3,100,000; 2018 AED 3,573,444; 2019 AED 3,837,888; 2020 AED 2,512,500; 2021 AED 3,382,055; 2022 AED 3,525,000; 2023 AED 3,935,000; 2024 AED 4,400,000; 2025 AED 4,630,000; 2026 AED 4,600,000Sold by developer, March 2014: AED 4,111,888 (AED 2,505 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 150,000; 2021 AED 180,000; 2022 AED 260,000; 2023 AED 278,000; 2024 AED 285,000; 2025 AED 271,500; 2026 AED 255,000New contract, November 2019: AED 175,000 a year

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

2-beds in Vida Residence Downtown, and where 1604 sits

All 144 2-beds →

1604 last sold in March 2014 at AED 2,505 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,476). Over the last 12 months two-beds sold for AED 3,950,000 to 7,500,000, around AED 3,239 per sqft, and rent for AED 90,000 to 550,000 a year. 1604's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20264,550,000
21 Sep 20265,025,000
2 Sep 20263,950,000
14 Aug 20264,300,000
17 2-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 16th floor

All 343 units in Vida Residence Downtown
Value
16012-bedAED 3.75M · Oct 2022
16023-bedAED 6.3M · Nov 2023
16032-bedAED 2.3M · Jul 2020
16051-bedAED 1.84M · Aug 2019
16061-bedAED 2.32M · Feb 2025
16071-bedAED 1.65M · Mar 2014
16082-bedAED 2M · Oct 2019

1604, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 26 March 2014 for AED 4,111,888, or AED 2,505 per sqft.
  • Rented since November 2019 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2014 price is 4.3%.
  • Two-beds in Vida Residence Downtown sold for AED 3,950,000–7,500,000 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 2 November 2019.

Questions about 1604, Vida Residence Downtown

What did unit 1604 last sell for?

AED 4,111,888 on 26 March 2014, sold by the developer: AED 2,505 per sqft for 1,641 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 175,000 a year on the contract signed on 2 November 2019.

How big is unit 1604?

1,641 sqft (152.5 sqm): a two-bedroom hotel apartment on the 16th floor of a 58-storey tower completed in 2018.

What is unit 1604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residence Downtown sold for AED 3,950,000 to 7,500,000 in the last 12 months, around AED 3,239 per sqft.

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Mortgage on 1604, Vida Residence Downtown

Starts from the last sale price (AED 4.11M, 26 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,111,888
Deposit, UAE resident (20%)
AED 822,378
Deposit, non-resident (40%)
AED 1,644,755
Monthly over 25 years at 3.7%
AED 16,823

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