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1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 26th floor · completed 2018

2606, Vida Residence Downtown

Sold prices and rental history: sold 4 times, last in September 2022, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 1.8M22 September 2022
Current rentAED 160K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2606, Vida Residence Downtown

What is 2606 worth today?

Last sold for AED 1,800,000 in 2022

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8 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 219 per sqft
22 Sep 2022SoldReady
AED 1,800,000AED 2,461 per sqft
14 Aug 2019SoldReady
AED 1,250,000AED 1,709 per sqft
21 Oct 2018SoldOff-plan
AED 1,200,000AED 1,640 per sqft
20 Aug 2014Sold by developerOff-plan
AED 1,749,888AED 2,392 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
26th of 58
Parking
B3-40
Developer
Emaar
Completed
2018
Last sold
AED 1.8M · September 2022
Building
Vida Residence Downtown

About 2606, Vida Residence Downtown

2606 is a one-bedroom hotel apartment of 731 sqft on the 26th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 22 September 2022 for AED 1,800,000, or AED 2,461 per sqft, 14% above the AED 2,163 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 December 2022. The current contract, signed on 8 December 2022, is AED 160,000 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for 2606 over time

Sales
Unit 2606, each saleTypical one-bed in Vida Residence Downtown
1M2M2014201820222026Typical 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, August 2014: AED 1,749,888 (AED 2,392 per sqft)Sold, October 2018: AED 1,200,000 (AED 1,640 per sqft)Sold, August 2019: AED 1,250,000 (AED 1,709 per sqft)Sold, September 2022: AED 1,800,000 (AED 2,461 per sqft)

2606 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2606, 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, December 2022: 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 2606 sits

All 100 1-beds →

2606 last sold in September 2022 at AED 2,461 per sqft, 14% above what one-beds in Vida Residence Downtown were fetching at the time (AED 2,163). 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. 2606'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 26th floor

All 343 units in Vida Residence Downtown
Value
26012-bedAED 3.46M · Mar 2014
26023-bedAED 4M · Dec 2021
26032-bedAED 3.52M · Oct 2014
26042-bedAED 4.23M · Mar 2014
26051-bedAED 1.69M · Apr 2016
26071-bedAED 1.69M · Mar 2014
26082-bedAED 4.12M · Oct 2014

2606, Vida Residence Downtown in numbers

  • Sold 4 times: first on 20 August 2014 for AED 1,749,888, last on 22 September 2022 for AED 1,800,000 (AED 2,461 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 8.9%.
  • 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 8 December 2022.

Questions about 2606, Vida Residence Downtown

What did unit 2606 last sell for?

AED 1,800,000 on 22 September 2022: AED 2,461 per sqft for 731 sqft. The unit has 4 registered sales; the first was AED 1,749,888 in August 2014.

What is the rent for unit 2606?

AED 160,000 a year on the contract signed on 8 December 2022.

How big is unit 2606?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 26th floor of a 58-storey tower completed in 2018.

What is unit 2606 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 2606, Vida Residence Downtown

Starts from the last sale price (AED 1.8M, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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