2408, Vida Residence Downtown
Sold prices and rental history: sold 3 times, last in November 2024, 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 2408, Vida Residence Downtown
What is 2408 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 24th of 58
- Parking
- B2-48
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 4.6M · November 2024
- Building
- Vida Residence Downtown
About 2408, Vida Residence Downtown
2408 is a two-bedroom hotel apartment of 1,640 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 8 November 2024 for AED 4,600,000, or AED 2,805 per sqft, in line with the AED 2,836 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 8 July 2024, is AED 313,743 a year: a gross yield of 6.8% on the 2024 price.
Sales and rents for 2408 over time
2408 has sold 3 times; 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 2408 sits
All 144 2-beds →2408 last sold in November 2024 at AED 2,805 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,836). 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. 2408's AED 313,743 is in the lower 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 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 | ||
| 2407 | 1-bed | 384 sqft | AED 841KAED 841,444 · Sep 2020September 2020 | 165,000 /yr |
2408, Vida Residence Downtown in numbers
- Sold 3 times: first on 27 October 2014 for AED 4,093,888, last on 8 November 2024 for AED 4,600,000 (AED 2,805 per sqft).
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 190,000 to AED 145,000 in 2020 and recovered to AED 313,743 by July 2024.
- At AED 313,743 a year the gross yield on the 2024 price is 6.8%.
- 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 8 November 2024.
Questions about 2408, Vida Residence Downtown
What did unit 2408 last sell for?
AED 4,600,000 on 8 November 2024: AED 2,805 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 4,093,888 in October 2014.
What is the rent for unit 2408?
AED 313,743 a year on the contract renewed on 8 July 2024. The previous contract, from July 2023, was AED 312,000; the unit has been rented since October 2019.
How big is unit 2408?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 24th floor of a 58-storey tower completed in 2018.
What is unit 2408 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 2408, Vida Residence Downtown
Starts from the last sale price (AED 4.6M, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,600,000
- Deposit, UAE resident (20%)
- AED 920,000
- Deposit, non-resident (40%)
- AED 1,840,000
- Monthly over 25 years at 3.7%
- AED 18,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →