2008, Vida Residence Downtown
Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Vida Residence Downtown
What is 2008 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 20th of 58
- Parking
- B2-117
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 4.5M · December 2023
- Building
- Vida Residence Downtown
About 2008, Vida Residence Downtown
2008 is a two-bedroom hotel apartment of 1,640 sqft on the 20th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 18 December 2023 for AED 4,500,000, or AED 2,744 per sqft, 4% above the AED 2,626 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 12 November 2022, is AED 330,000 a year: a gross yield of 7.3% on the 2023 price.
Sales and rents for 2008 over time
2008 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2008 sits
All 144 2-beds →2008 last sold in December 2023 at AED 2,744 per sqft, 4% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,626). 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. 2008's AED 330,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,389 sqft | 4,550,000 | 3,275 | ||
| 21 Sep 202621 September 2026 | 1,641 sqft | 5,025,000 | 3,061 | ||
| 2 Sep 20262 September 2026 | 1,386 sqft | 3,950,000 | 2,850 | ||
| 14 Aug 202614 August 2026 | 1,386 sqft | 4,300,000 | 3,103 |
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 20th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,386 sqft | AED 3.67MAED 3,672,312 · May 2019May 2019 | 220,000 /yr | |
| 2002 | 3-bed | 2,012 sqft | AED 5.61MAED 5,614,232 · Dec 2014December 2014 | ||
| 2003 | 2-bed | 1,389 sqft | AED 2.7MAED 2,700,000 · Mar 2022March 2022 | 260,000 /yr | |
| 2004 | 2-bed | 1,641 sqft | AED 3.8MAED 3,800,000 · Jun 2022June 2022 | 190,000 /yr | |
| 2005 | 1-bed | 774 sqft | AED 1.15MAED 1,150,000 · Sep 2019September 2019 | 140,000 /yr | |
| 2006 | 1-bed | 731 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | 85,000 /yr | |
| 2007 | 1-bed | 767 sqft | AED 2.6MAED 2,600,000 · Aug 2024August 2024 | 140,000 /yr |
2008, Vida Residence Downtown in numbers
- Sold twice: first on 17 April 2014 for AED 4,048,888, last on 18 December 2023 for AED 4,500,000 (AED 2,744 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 140,000 to AED 330,000 a year.
- At AED 330,000 a year the gross yield on the 2023 price is 7.3%.
- 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 18 December 2023.
Questions about 2008, Vida Residence Downtown
What did unit 2008 last sell for?
AED 4,500,000 on 18 December 2023: AED 2,744 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 4,048,888 in April 2014.
What is the rent for unit 2008?
AED 330,000 a year on the contract signed on 12 November 2022. The previous contract, from July 2021, was AED 175,000; the unit has been rented since July 2020.
How big is unit 2008?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 20th floor of a 58-storey tower completed in 2018.
What is unit 2008 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 2008, Vida Residence Downtown
Starts from the last sale price (AED 4.5M, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →