2-bed · 1,372 sqftVida Residence Downtown, Downtown Dubai · 40th floor · completed 2018

4004, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 3.8M22 September 2023
Current rentAED 268K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4004, Vida Residence Downtown

What is 4004 worth today?

Last sold for AED 3,800,000 in 2023

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12 Jul 2024RentedNew contract
AED 267,750/yr12 months · AED 196 per sqft
22 Sep 2023SoldReady
AED 3,800,000AED 2,770 per sqft
12 Jul 2023RentedRenewal
AED 255,000/yr12 months · AED 186 per sqft
12 Jul 2022RentedNew contract
AED 255,000/yr12 months · AED 186 per sqft
10 Jun 2021RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
15 May 2020RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
13 Jan 2020RentedNew contract
AED 210,000/yr6 months · AED 153 per sqft
27 Apr 2016SoldOff-plan
AED 2,911,416AED 2,122 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,372 sqft
Floor
40th of 58
Parking
B2-63
Developer
Emaar
Completed
2018
Last sold
AED 3.8M · September 2023

About 4004, Vida Residence Downtown

4004 is a two-bedroom hotel apartment of 1,372 sqft on the 40th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 22 September 2023 for AED 3,800,000, or AED 2,770 per sqft, 6% above the AED 2,623 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 12 July 2024, is AED 267,750 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 4004 over time

Sales
Unit 4004, 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 3,881,888 (AED 2,830 per sqft)Sold, April 2016: AED 2,911,416 (AED 2,122 per sqft)Sold, September 2023: AED 3,800,000 (AED 2,770 per sqft)

4004 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4004, each contractTypical two-bed in Vida Residence Downtown
100K200K300K20192021202320252027Typical 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, January 2020: AED 210,000 a yearNew contract, May 2020: AED 120,000 a yearNew contract, June 2021: AED 180,000 a yearNew contract, July 2022: AED 255,000 a yearRenewal, July 2023: AED 255,000 a yearNew contract, July 2024: AED 267,750 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 4004 sits

All 144 2-beds →

4004 last sold in September 2023 at AED 2,770 per sqft, 6% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,623). 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. 4004's AED 267,750 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 40th floor

All 343 units in Vida Residence Downtown
Value
40013-bedAED 5.26M · Mar 2014
40023-bedAED 4.5M · Jan 2021
40033-bedAED 5.22M · Mar 2014
40061-bedAED 2.35M · Dec 2025
40082-bedAED 4.65M · Feb 2026

4004, Vida Residence Downtown in numbers

  • Sold 3 times: first on 29 October 2014 for AED 3,881,888, last on 22 September 2023 for AED 3,800,000 (AED 2,770 per sqft).
  • Rented since January 2020 on 6 Ejari contracts. The rent fell from AED 210,000 to AED 120,000 in 2020 and recovered to AED 267,750 by July 2024.
  • At AED 267,750 a year the gross yield on the 2023 price is 7.0%.
  • 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 12 July 2024.

Questions about 4004, Vida Residence Downtown

What did unit 4004 last sell for?

AED 3,800,000 on 22 September 2023: AED 2,770 per sqft for 1,372 sqft. The unit has 3 registered sales; the first was AED 3,881,888 in October 2014.

What is the rent for unit 4004?

AED 267,750 a year on the contract signed on 12 July 2024. The previous contract, from July 2023, was AED 255,000; the unit has been rented since January 2020.

How big is unit 4004?

1,372 sqft (127.5 sqm): a two-bedroom hotel apartment on the 40th floor of a 58-storey tower completed in 2018.

What is unit 4004 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 4004, Vida Residence Downtown

Starts from the last sale price (AED 3.8M, 22 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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