508, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Vida Residence Downtown
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 5th of 58
- Parking
- B2-86
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 3.88M · October 2014
- Building
- Vida Residence Downtown
About 508, Vida Residence Downtown
508 is a two-bedroom hotel apartment of 1,640 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 27 October 2014 for AED 3,880,888, or AED 2,367 per sqft, 4% below the AED 2,474 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 300,000 a year: a gross yield of 7.7% on the 2014 price.
Sales and rents for 508 over time
508 has sold once; 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 508 sits
All 144 2-beds →508 last sold in October 2014 at AED 2,367 per sqft, 4% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,474). 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. 508's AED 300,000 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 5th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,386 sqft | AED 3.95MAED 3,950,000 · Sep 2026September 2026 | ||
| 502 | 3-bed | 2,012 sqft | AED 5.7MAED 5,700,000 · Aug 2025August 2025 | 410,000 /yr | |
| 503 | 2-bed | 1,389 sqft | AED 4.29MAED 4,290,000 · Feb 2026February 2026 | 256,000 /yr | |
| 504 | 2-bed | 1,641 sqft | AED 3.98MAED 3,984,888 · Mar 2014March 2014 | 264,600 /yr | |
| 505 | 1-bed | 774 sqft | AED 1.71MAED 1,714,020 · Jul 2014July 2014 | ||
| 506 | 1-bed | 731 sqft | AED 1.08MAED 1,075,000 · Jan 2020January 2020 | 155,000 /yr | |
| 507 | 1-bed | 767 sqft | AED 1.85MAED 1,848,888 · Apr 2020April 2020 |
508, Vida Residence Downtown in numbers
- Sold once: by Emaar on 27 October 2014 for AED 3,880,888, or AED 2,367 per sqft.
- Rented since February 2021 on 6 Ejari contracts, from AED 190,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2014 price is 7.7%.
- 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 1 March 2025.
Questions about 508, Vida Residence Downtown
What did unit 508 last sell for?
AED 3,880,888 on 27 October 2014, sold by the developer: AED 2,367 per sqft for 1,640 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 300,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 300,000; the unit has been rented since February 2021.
How big is unit 508?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2018.
What is unit 508 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 508, Vida Residence Downtown
Starts from the last sale price (AED 3.88M, 27 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,880,888
- Deposit, UAE resident (20%)
- AED 776,178
- Deposit, non-resident (40%)
- AED 1,552,355
- Monthly over 25 years at 3.7%
- AED 15,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →