1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 23rd floor · completed 2018

2306, Vida Residence Downtown

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 1.74M11 June 2015
Current rentAED 160K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Vida Residence Downtown

What is 2306 worth today?

Last sold for AED 1,736,888 in 2015

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20 Jan 2023RentedNew contract
AED 160,000/yr12 months · AED 219 per sqft
18 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 171 per sqft
9 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 116 per sqft
26 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
11 Jun 2015SoldOff-plan
AED 1,736,888AED 2,375 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,736,888AED 2,375 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
23rd of 58
Parking
B3-43
Developer
Emaar
Completed
2018
Last sold
AED 1.74M · June 2015

About 2306, Vida Residence Downtown

2306 is a one-bedroom hotel apartment of 731 sqft on the 23rd floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 11 June 2015 for AED 1,736,888, or AED 2,375 per sqft, 7% above the AED 2,213 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 January 2023, is AED 160,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 2306 over time

Sales
Unit 2306, 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 1,736,888 (AED 2,375 per sqft)Sold, June 2015: AED 1,736,888 (AED 2,375 per sqft)

2306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, 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, September 2019: AED 90,000 a yearNew contract, December 2020: AED 85,000 a yearNew contract, December 2021: AED 125,000 a yearNew contract, January 2023: AED 160,000 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 2306 sits

All 100 1-beds →

2306 last sold in June 2015 at AED 2,375 per sqft, 7% above what one-beds in Vida Residence Downtown were fetching at the time (AED 2,213). 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. 2306's AED 160,000 is in the upper 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 23rd floor

All 343 units in Vida Residence Downtown
Value
23012-bedAED 4.5M · Jan 2026
23023-bedAED 7.45M · Dec 2023
23032-bedAED 3.85M · Jul 2023
23042-bedAED 4.9M · Jan 2025
23051-bedAED 1.68M · Oct 2014
23071-bedAED 2.2M · Aug 2023
23082-bedAED 4.4M · Jan 2024

2306, Vida Residence Downtown in numbers

  • Sold twice: first on 26 March 2014 for AED 1,736,888, last on 11 June 2015 for AED 1,736,888 (AED 2,375 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 90,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2015 price is 9.2%.
  • 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 20 January 2023.

Questions about 2306, Vida Residence Downtown

What did unit 2306 last sell for?

AED 1,736,888 on 11 June 2015: AED 2,375 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,736,888 in March 2014.

What is the rent for unit 2306?

AED 160,000 a year on the contract signed on 20 January 2023. The previous contract, from December 2021, was AED 125,000; the unit has been rented since September 2019.

How big is unit 2306?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 23rd floor of a 58-storey tower completed in 2018.

What is unit 2306 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 2306, Vida Residence Downtown

Starts from the last sale price (AED 1.74M, 11 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,736,888
Deposit, UAE resident (20%)
AED 347,378
Deposit, non-resident (40%)
AED 694,755
Monthly over 25 years at 3.7%
AED 7,106

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