Home
Dubai prices
About
Research
1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 5th floor · completed 2018

506, Vida Residence Downtown

Sold prices and rental history: sold twice, last in January 2020, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 1.08M5 January 2020
Current rentAED 155K /yr26 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 506

Property timeline for 506, Vida Residence Downtown

What is 506 worth today?

Last sold for AED 1,075,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Aug 2025RentedNew contract
AED 155,000/yr12 months · AED 212 per sqft
5 Jan 2020SoldReady
AED 1,075,000AED 1,469 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,659,888AED 2,269 per sqft

Source: Dubai Land Department. Updated 26 August 2025.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
5th of 58
Parking
B3-125
Developer
Emaar
Completed
2018
Last sold
AED 1.08M · January 2020
Building
Vida Residence Downtown

About 506, Vida Residence Downtown

506 is a one-bedroom hotel apartment of 731 sqft on the 5th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 5 January 2020 for AED 1,075,000, or AED 1,469 per sqft, 14% below the AED 1,709 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2025. The current contract, signed on 26 August 2025, is AED 155,000 a year: a gross yield of 14.4% on the 2020 price.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Vida Residence Downtown
1M2M2014201820222026Typical sale price by year: 2014 AED 1,680,888; 2015 AED 1,715,446; 2016 AED 1,611,733; 2017 AED 1,732,888; 2019 AED 1,325,000; 2020 AED 1,350,000; 2021 AED 1,500,000; 2022 AED 1,690,000; 2023 AED 2,200,000; 2024 AED 2,280,000; 2025 AED 2,380,000; 2026 AED 2,100,000Sold by developer, March 2014: AED 1,659,888 (AED 2,269 per sqft)Sold, January 2020: AED 1,075,000 (AED 1,469 per sqft)

506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Vida Residence Downtown
100K150K20192021202320252027Typical rent by year: 2019 AED 95,000; 2020 AED 90,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 127,571New contract, August 2025: AED 155,000 a year

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 506 sits

All 100 1-beds →

506 last sold in January 2020 at AED 1,469 per sqft, 14% below what one-beds in Vida Residence Downtown were fetching at the time (AED 1,709). 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. 506's AED 155,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20262,100,000
24 Sep 20262,100,000
3 Jun 20262,100,000
30 Mar 20262,400,000
8 1-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
5042-bedAED 3.98M · Mar 2014
5051-bedAED 1.71M · Jul 2014
5071-bedAED 1.85M · Apr 2020
5082-bedAED 3.88M · Oct 2014

506, Vida Residence Downtown in numbers

  • Sold twice: first on 26 March 2014 for AED 1,659,888, last on 5 January 2020 for AED 1,075,000 (AED 1,469 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2020 price is 14.4%.
  • 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 26 August 2025.

Questions about 506, Vida Residence Downtown

What did unit 506 last sell for?

AED 1,075,000 on 5 January 2020: AED 1,469 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,659,888 in March 2014.

What is the rent for unit 506?

AED 155,000 a year on the contract signed on 26 August 2025.

How big is unit 506?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2018.

What is unit 506 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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Vida Residence Downtown

Starts from the last sale price (AED 1.08M, 5 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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