2-bed · 1,641 sqftVida Residence Downtown, Downtown Dubai · 5th floor · completed 2018

504, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 7 July 2023
Last soldAED 3.98M26 March 2014
Current rentAED 265K /yr7 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Vida Residence Downtown

What is 504 worth today?

Last sold for AED 3,984,888 in 2014

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7 Jul 2023RentedRenewal
AED 264,600/yr12 months · AED 162 per sqft
7 Jul 2022RentedNew contract
AED 245,000/yr12 months · AED 150 per sqft
29 Nov 2021RentedRenewal
AED 179,037/yr6 months · AED 109 per sqft
29 Nov 2020RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
30 Oct 2019RentedNew contract
AED 185,000/yr12 months · AED 113 per sqft
26 Mar 2014Sold by developerOff-plan
AED 3,984,888AED 2,427 per sqft

Source: Dubai Land Department. Updated 7 July 2023.

Key facts

Type
2-bed hotel apartment
Size
1,641 sqft
Floor
5th of 58
Parking
B2-87
Developer
Emaar
Completed
2018
Last sold
AED 3.98M · March 2014

About 504, Vida Residence Downtown

504 is a two-bedroom hotel apartment of 1,641 sqft on the 5th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 26 March 2014 for AED 3,984,888, or AED 2,427 per sqft, in line with the AED 2,476 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 264,600 a year: a gross yield of 6.6% on the 2014 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, March 2014: AED 3,984,888 (AED 2,427 per sqft)

504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical 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, October 2019: AED 185,000 a yearNew contract, November 2020: AED 160,000 a yearRenewal, November 2021: AED 179,037 a yearNew contract, July 2022: AED 245,000 a yearRenewal, July 2023: AED 264,600 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 504 sits

All 144 2-beds →

504 last sold in March 2014 at AED 2,427 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,476). 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. 504's AED 264,600 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 5th floor

All 343 units in Vida Residence Downtown
Value
5012-bedAED 3.95M · Sep 2026
5023-bedAED 5.7M · Aug 2025
5032-bedAED 4.29M · Feb 2026
5051-bedAED 1.71M · Jul 2014
5061-bedAED 1.08M · Jan 2020
5071-bedAED 1.85M · Apr 2020
5082-bedAED 3.88M · Oct 2014

504, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 26 March 2014 for AED 3,984,888, or AED 2,427 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 185,000 to AED 160,000 in 2020 and recovered to AED 264,600 by July 2023.
  • At AED 264,600 a year the gross yield on the 2014 price is 6.6%.
  • 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 7 July 2023.

Questions about 504, Vida Residence Downtown

What did unit 504 last sell for?

AED 3,984,888 on 26 March 2014, sold by the developer: AED 2,427 per sqft for 1,641 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 264,600 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 245,000; the unit has been rented since October 2019.

How big is unit 504?

1,641 sqft (152.5 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2018.

What is unit 504 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 504, Vida Residence Downtown

Starts from the last sale price (AED 3.98M, 26 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,984,888
Deposit, UAE resident (20%)
AED 796,978
Deposit, non-resident (40%)
AED 1,593,955
Monthly over 25 years at 3.7%
AED 16,303

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