3-bed · 2,012 sqftVida Residence Downtown, Downtown Dubai · 25th floor · completed 2018

2502, Vida Residence Downtown

Sold prices and rental history: sold 4 times, last in July 2023, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 6.95M10 July 2023
Current rentAED 162K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Vida Residence Downtown

What is 2502 worth today?

Last sold for AED 6,950,000 in 2023

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10 Jul 2023SoldReady
AED 6,950,000AED 3,454 per sqft
17 Feb 2023SoldReady
AED 5,500,000AED 2,733 per sqft
15 Jul 2020RentedNew contract
AED 162,000/yr12 months · AED 80 per sqft
13 May 2014SoldOff-plan
AED 5,420,888AED 2,694 per sqft
26 Mar 2014Sold by developerOff-plan
AED 5,420,888AED 2,694 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
3-bed hotel apartment
Size
2,012 sqft
Floor
25th of 58
Parking
B3-135 ,B3-136
Developer
Emaar
Completed
2018
Last sold
AED 6.95M · July 2023

About 2502, Vida Residence Downtown

2502 is a three-bedroom hotel apartment of 2,012 sqft on the 25th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 10 July 2023 for AED 6,950,000, or AED 3,454 per sqft, 15% above the AED 3,007 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2020. The current contract, signed on 15 July 2020, is AED 162,000 a year: a gross yield of 2.3% on the 2023 price.

Sales and rents for 2502 over time

Sales
Unit 2502, each saleTypical three-bed in Vida Residence Downtown
2.5M5M7.5M2014201820222026Typical sale price by year: 2014 AED 5,331,888; 2015 AED 5,500,000; 2018 AED 3,100,000; 2019 AED 5,968,242; 2020 AED 6,046,888; 2021 AED 4,650,000; 2022 AED 5,700,000; 2023 AED 6,250,000; 2024 AED 6,300,000; 2025 AED 6,725,000; 2026 AED 7,600,000Sold by developer, March 2014: AED 5,420,888 (AED 2,694 per sqft)Sold, May 2014: AED 5,420,888 (AED 2,694 per sqft)Sold, February 2023: AED 5,500,000 (AED 2,733 per sqft)Sold, July 2023: AED 6,950,000 (AED 3,454 per sqft)

2502 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2502, each contractTypical three-bed in Vida Residence Downtown
200K400K20192021202320252027Typical rent by year: 2019 AED 250,000; 2020 AED 210,000; 2021 AED 250,000; 2022 AED 375,000; 2023 AED 400,000; 2024 AED 413,500; 2025 AED 435,000; 2026 AED 370,000New contract, July 2020: AED 162,000 a year

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

3-beds in Vida Residence Downtown, and where 2502 sits

All 81 3-beds →

2502 last sold in July 2023 at AED 3,454 per sqft, 15% above what three-beds in Vida Residence Downtown were fetching at the time (AED 3,007). Over the last 12 months three-beds sold for AED 6,150,000 to 17,500,000, around AED 3,697 per sqft, and rent for AED 310,000 to 820,000 a year. 2502's AED 162,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 202617,500,000
25 Aug 20268,185,000
13 May 202616,000,000
12 May 20266,300,000
8 3-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 25th floor

All 343 units in Vida Residence Downtown
Value
25012-bedAED 3.45M · Mar 2014
25032-bedAED 3.75M · Feb 2023
25042-bedAED 4.21M · Apr 2019
25051-bedAED 1.69M · Feb 2015
25061-bedAED 2.2M · Mar 2024
25071-bedAED 1.69M · Mar 2014
25082-bedAED 4.1M · May 2023

2502, Vida Residence Downtown in numbers

  • Sold 4 times: first on 26 March 2014 for AED 5,420,888, last on 10 July 2023 for AED 6,950,000 (AED 3,454 per sqft).
  • Rented since July 2020 on one Ejari contract, at AED 162,000 a year.
  • At AED 162,000 a year the gross yield on the 2023 price is 2.3%.
  • Three-beds in Vida Residence Downtown sold for AED 6,150,000–17,500,000 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 10 July 2023.

Questions about 2502, Vida Residence Downtown

What did unit 2502 last sell for?

AED 6,950,000 on 10 July 2023: AED 3,454 per sqft for 2,012 sqft. The unit has 4 registered sales; the first was AED 5,420,888 in March 2014.

What is the rent for unit 2502?

AED 162,000 a year on the contract signed on 15 July 2020.

How big is unit 2502?

2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 25th floor of a 58-storey tower completed in 2018.

What is unit 2502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence Downtown sold for AED 6,150,000 to 17,500,000 in the last 12 months, around AED 3,697 per sqft.

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Mortgage on 2502, Vida Residence Downtown

Starts from the last sale price (AED 6.95M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,950,000
Deposit, UAE resident (20%)
AED 1,390,000
Deposit, non-resident (40%)
AED 2,780,000
Monthly over 25 years at 3.7%
AED 28,435

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