2-bed · 1,389 sqftVida Residence Downtown, Downtown Dubai · 25th floor · completed 2018

2503, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 3.75M3 February 2023
Current rentAED 228K /yr13 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Vida Residence Downtown

What is 2503 worth today?

Last sold for AED 3,750,000 in 2023

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3 Feb 2023SoldReady
AED 3,750,000AED 2,699 per sqft
14 Apr 2022SoldReady
AED 3,225,000AED 2,321 per sqft
13 Oct 2021RentedRenewal
AED 228,000/yr2 months · AED 164 per sqft
13 Aug 2021RentedRenewal
AED 222,000/yr2 months · AED 160 per sqft
13 May 2021RentedRenewal
AED 182,000/yr3 months · AED 131 per sqft
13 Dec 2020RentedRenewal
AED 158,000/yr5 months · AED 114 per sqft
13 Dec 2019RentedNew contract
AED 160,000/yr12 months · AED 115 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,504,888AED 2,523 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
2-bed hotel apartment
Size
1,389 sqft
Floor
25th of 58
Parking
B2-6
Developer
Emaar
Completed
2018
Last sold
AED 3.75M · February 2023

About 2503, Vida Residence Downtown

2503 is a two-bedroom hotel apartment of 1,389 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 3 February 2023 for AED 3,750,000, or AED 2,699 per sqft, 11% above the AED 2,436 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 13 October 2021, is AED 228,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical two-bed in Vida Residence Downtown
3M4M5M2014201820222026Typical sale price by year: 2014 AED 3,536,388; 2015 AED 3,846,888; 2016 AED 3,435,888; 2017 AED 3,100,000; 2018 AED 3,573,444; 2019 AED 3,837,888; 2020 AED 2,512,500; 2021 AED 3,382,055; 2022 AED 3,525,000; 2023 AED 3,935,000; 2024 AED 4,400,000; 2025 AED 4,630,000; 2026 AED 4,600,000Sold by developer, October 2014: AED 3,504,888 (AED 2,523 per sqft)Sold, April 2022: AED 3,225,000 (AED 2,321 per sqft)Sold, February 2023: AED 3,750,000 (AED 2,699 per sqft)

2503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 150,000; 2021 AED 180,000; 2022 AED 260,000; 2023 AED 278,000; 2024 AED 285,000; 2025 AED 271,500; 2026 AED 255,000New contract, December 2019: AED 160,000 a yearRenewal, December 2020: AED 158,000 a yearRenewal, May 2021: AED 182,000 a yearRenewal, August 2021: AED 222,000 a yearRenewal, October 2021: AED 228,000 a year

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 2503 sits

All 144 2-beds →

2503 last sold in February 2023 at AED 2,699 per sqft, 11% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,436). 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. 2503's AED 228,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20264,550,000
21 Sep 20265,025,000
2 Sep 20263,950,000
14 Aug 20264,300,000
17 2-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
25023-bedAED 6.95M · Jul 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

2503, Vida Residence Downtown in numbers

  • Sold 3 times: first on 27 October 2014 for AED 3,504,888, last on 3 February 2023 for AED 3,750,000 (AED 2,699 per sqft).
  • Rented since December 2019 on 5 Ejari contracts, from AED 160,000 to AED 228,000 a year.
  • At AED 228,000 a year the gross yield on the 2023 price is 6.1%.
  • 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 3 February 2023.

Questions about 2503, Vida Residence Downtown

What did unit 2503 last sell for?

AED 3,750,000 on 3 February 2023: AED 2,699 per sqft for 1,389 sqft. The unit has 3 registered sales; the first was AED 3,504,888 in October 2014.

What is the rent for unit 2503?

AED 228,000 a year on the contract renewed on 13 October 2021. The previous contract, from August 2021, was AED 222,000; the unit has been rented since December 2019.

How big is unit 2503?

1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 25th floor of a 58-storey tower completed in 2018.

What is unit 2503 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 2503, Vida Residence Downtown

Starts from the last sale price (AED 3.75M, 3 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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