2407, Vida Residence Downtown
Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Vida Residence Downtown
What is 2407 worth today?
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Source: Dubai Land Department. Updated 3 January 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 384 sqft
- Floor
- 24th of 58
- Parking
- B3-72
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 841K · September 2020
- Building
- Vida Residence Downtown
About 2407, Vida Residence Downtown
2407 is a one-bedroom hotel apartment of 384 sqft on the 24th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 21 September 2020 for AED 841,444, or AED 2,194 per sqft, 14% above the AED 1,927 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 3 January 2025, is AED 165,000 a year: a gross yield of 19.6% on the 2020 price.
Sales and rents for 2407 over time
2407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2407 sits
All 100 1-beds →2407 last sold in September 2020 at AED 2,194 per sqft, 14% above what one-beds in Vida Residence Downtown were fetching at the time (AED 1,927). 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. 2407's AED 165,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 767 sqft | 2,100,000 | 2,737 | ||
| 24 Sep 202624 September 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 3 Jun 20263 June 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 30 Mar 202630 March 2026 | 774 sqft | 2,400,000 | 3,098 |
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 24th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,386 sqft | AED 4.55MAED 4,550,000 · Feb 2024February 2024 | 290,000 /yr | |
| 2402 | 3-bed | 2,012 sqft | AED 7.6MAED 7,600,000 · Jan 2026January 2026 | 550,000 /yr | |
| 2403 | 2-bed | 1,389 sqft | AED 2MAED 2,000,000 · Aug 2020August 2020 | 270,000 /yr | |
| 2404 | 2-bed | 1,641 sqft | AED 4.4MAED 4,400,000 · May 2023May 2023 | 275,000 /yr | |
| 2405 | 1-bed | 774 sqft | AED 1.68MAED 1,682,888 · Mar 2014March 2014 | 120,000 /yr | |
| 2406 | 1-bed | 731 sqft | AED 2.53MAED 2,525,000 · Feb 2025February 2025 | ||
| 2408 | 2-bed | 1,640 sqft | AED 4.6MAED 4,600,000 · Nov 2024November 2024 | 313,743 /yr |
2407, Vida Residence Downtown in numbers
- Sold 3 times: first on 26 March 2014 for AED 1,682,888, last on 21 September 2020 for AED 841,444 (AED 2,194 per sqft).
- Rented since November 2019 on 5 Ejari contracts, from AED 100,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2020 price is 19.6%.
- 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 3 January 2025.
Questions about 2407, Vida Residence Downtown
What did unit 2407 last sell for?
AED 841,444 on 21 September 2020: AED 2,194 per sqft for 384 sqft. The unit has 3 registered sales; the first was AED 1,682,888 in March 2014.
What is the rent for unit 2407?
AED 165,000 a year on the contract signed on 3 January 2025. The previous contract, from May 2022, was AED 149,000; the unit has been rented since November 2019.
How big is unit 2407?
384 sqft (35.7 sqm): a one-bedroom hotel apartment on the 24th floor of a 58-storey tower completed in 2018.
What is unit 2407 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 2407, Vida Residence Downtown
Starts from the last sale price (AED 841K, 21 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 841,444
- Deposit, UAE resident (20%)
- AED 168,289
- Deposit, non-resident (40%)
- AED 336,578
- Monthly over 25 years at 3.7%
- AED 3,443
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →