3-bed · 1,981 sqftVida Residence Downtown, Downtown Dubai · 35th floor · completed 2018

3503, Vida Residence Downtown

Sold prices and rental history: sold 4 times, last in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 6.5M21 August 2024
Current rentAED 395K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Vida Residence Downtown

What is 3503 worth today?

Last sold for AED 6,500,000 in 2024

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28 Sep 2024RentedNew contract
AED 395,000/yr12 months · AED 199 per sqft
21 Aug 2024SoldReady
AED 6,500,000AED 3,281 per sqft
1 Sep 2023SoldReady
AED 6,500,000AED 3,281 per sqft
1 Sep 2021RentedRenewal
AED 205,000/yr12 months · AED 104 per sqft
1 Sep 2020RentedNew contract
AED 190,000/yr12 months · AED 96 per sqft
23 Jan 2018SoldOff-plan
AED 5,177,888AED 2,614 per sqft
26 Mar 2014Sold by developerOff-plan
AED 5,177,888AED 2,614 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
3-bed hotel apartment
Size
1,981 sqft
Floor
35th of 58
Parking
B1-94 ,B1-95
Developer
Emaar
Completed
2018
Last sold
AED 6.5M · August 2024

About 3503, Vida Residence Downtown

3503 is a three-bedroom hotel apartment of 1,981 sqft on the 35th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 21 August 2024 for AED 6,500,000, or AED 3,281 per sqft, in line with the AED 3,205 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 28 September 2024, is AED 395,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 3503 over time

Sales
Unit 3503, 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 5,177,888 (AED 2,614 per sqft)Sold, January 2018: AED 5,177,888 (AED 2,614 per sqft)Sold, September 2023: AED 6,500,000 (AED 3,281 per sqft)Sold, August 2024: AED 6,500,000 (AED 3,281 per sqft)

3503 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3503, 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, September 2020: AED 190,000 a yearRenewal, September 2021: AED 205,000 a yearNew contract, September 2024: AED 395,000 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 3503 sits

All 81 3-beds →

3503 last sold in August 2024 at AED 3,281 per sqft, in line with what three-beds in Vida Residence Downtown were fetching at the time (AED 3,205). 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. 3503's AED 395,000 is in the lower half 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 35th floor

All 343 units in Vida Residence Downtown
Value
35013-bedAED 6.43M · Dec 2021
35023-bedAED 5.8M · Feb 2022
35042-bedAED 3.84M · Oct 2019
35061-bedAED 2.26M · Jan 2024
35082-bedAED 4.6M · May 2026

3503, Vida Residence Downtown in numbers

  • Sold 4 times: first on 26 March 2014 for AED 5,177,888, last on 21 August 2024 for AED 6,500,000 (AED 3,281 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 190,000 to AED 395,000 a year.
  • At AED 395,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 28 September 2024.

Questions about 3503, Vida Residence Downtown

What did unit 3503 last sell for?

AED 6,500,000 on 21 August 2024: AED 3,281 per sqft for 1,981 sqft. The unit has 4 registered sales; the first was AED 5,177,888 in March 2014.

What is the rent for unit 3503?

AED 395,000 a year on the contract signed on 28 September 2024. The previous contract, from September 2021, was AED 205,000; the unit has been rented since September 2020.

How big is unit 3503?

1,981 sqft (184.0 sqm): a three-bedroom hotel apartment on the 35th floor of a 58-storey tower completed in 2018.

What is unit 3503 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 3503, Vida Residence Downtown

Starts from the last sale price (AED 6.5M, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

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