407, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Vida Residence Downtown
What is 407 worth today?
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Source: Dubai Land Department. Updated 17 September 2022.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 767 sqft
- Floor
- 4th of 58
- Parking
- B3-11
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 1.6M · October 2014
- Building
- Vida Residence Downtown
About 407, Vida Residence Downtown
407 is a one-bedroom hotel apartment of 767 sqft on the 4th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 12 October 2014 for AED 1,596,888, or AED 2,081 per sqft, 5% below the AED 2,201 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 17 September 2022, is AED 135,000 a year: a gross yield of 8.5% on the 2014 price.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 100 1-beds →407 last sold in October 2014 at AED 2,081 per sqft, 5% below what one-beds in Vida Residence Downtown were fetching at the time (AED 2,201). 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. 407's AED 135,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 767 sqft | 2,100,000 | 2,737 | ||
| 24 Sep 202624 September 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 3 Jun 20263 June 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 30 Mar 202630 March 2026 | 774 sqft | 2,400,000 | 3,098 |
Vida Residence Downtown
Building343 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%
Other units on the 4th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,386 sqft | AED 3.83MAED 3,825,000 · Jan 2024January 2024 | ||
| 402 | 3-bed | 2,012 sqft | AED 5.5MAED 5,500,000 · Jun 2025June 2025 | 240,000 /yr | |
| 403 | 2-bed | 1,389 sqft | AED 4.15MAED 4,150,000 · Oct 2025October 2025 | 220,000 /yr | |
| 404 | 2-bed | 1,641 sqft | AED 4.6MAED 4,600,000 · Jan 2026January 2026 | 380,831 /yr | |
| 405 | 1-bed | 774 sqft | AED 1.6MAED 1,596,888 · Mar 2016March 2016 | ||
| 406 | 1-bed | 731 sqft | AED 1.69MAED 1,690,000 · Nov 2022November 2022 | 110,000 /yr | |
| 408 | 2-bed | 1,640 sqft | AED 3.07MAED 3,072,962 · Apr 2022April 2022 | 240,000 /yr |
407, Vida Residence Downtown in numbers
- Sold once: by Emaar on 12 October 2014 for AED 1,596,888, or AED 2,081 per sqft.
- Rented since September 2019 on 4 Ejari contracts, from AED 90,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2014 price is 8.5%.
- 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 17 September 2022.
Questions about 407, Vida Residence Downtown
What did unit 407 last sell for?
AED 1,596,888 on 12 October 2014, sold by the developer: AED 2,081 per sqft for 767 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 135,000 a year on the contract renewed on 17 September 2022. The previous contract, from September 2021, was AED 120,000; the unit has been rented since September 2019.
How big is unit 407?
767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2018.
What is unit 407 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 407, Vida Residence Downtown
Starts from the last sale price (AED 1.6M, 12 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,596,888
- Deposit, UAE resident (20%)
- AED 319,378
- Deposit, non-resident (40%)
- AED 638,755
- Monthly over 25 years at 3.7%
- AED 6,533
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →