408, Vida Residence Downtown
Sold prices and rental history: sold 3 times, last in April 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Vida Residence Downtown
What is 408 worth today?
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Source: Dubai Land Department. Updated 26 April 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 4th of 58
- Parking
- B2-88
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 3.07M · April 2022
- Building
- Vida Residence Downtown
About 408, Vida Residence Downtown
408 is a two-bedroom hotel apartment of 1,640 sqft on the 4th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 26 April 2022 for AED 3,072,962, or AED 1,874 per sqft, 19% below the AED 2,318 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 9 November 2021, is AED 240,000 a year: a gross yield of 7.8% on the 2022 price.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 144 2-beds →408 last sold in April 2022 at AED 1,874 per sqft, 19% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,318). 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. 408's AED 240,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,389 sqft | 4,550,000 | 3,275 | ||
| 21 Sep 202621 September 2026 | 1,641 sqft | 5,025,000 | 3,061 | ||
| 2 Sep 20262 September 2026 | 1,386 sqft | 3,950,000 | 2,850 | ||
| 14 Aug 202614 August 2026 | 1,386 sqft | 4,300,000 | 3,103 |
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 | |
| 407 | 1-bed | 767 sqft | AED 1.6MAED 1,596,888 · Oct 2014October 2014 | 135,000 /yr |
408, Vida Residence Downtown in numbers
- Sold 3 times: first on 27 October 2014 for AED 3,869,888, last on 26 April 2022 for AED 3,072,962 (AED 1,874 per sqft).
- Rented since January 2020 on 2 Ejari contracts, from AED 136,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2022 price is 7.8%.
- 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 26 April 2022.
Questions about 408, Vida Residence Downtown
What did unit 408 last sell for?
AED 3,072,962 on 26 April 2022: AED 1,874 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 3,869,888 in October 2014.
What is the rent for unit 408?
AED 240,000 a year on the contract signed on 9 November 2021. The previous contract, from January 2020, was AED 136,000.
How big is unit 408?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 4th floor of a 58-storey tower completed in 2018.
What is unit 408 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 408, Vida Residence Downtown
Starts from the last sale price (AED 3.07M, 26 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,072,962
- Deposit, UAE resident (20%)
- AED 614,592
- Deposit, non-resident (40%)
- AED 1,229,185
- Monthly over 25 years at 3.7%
- AED 12,572
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →