3-bed · 2,242 sqftVida Residence Downtown, Downtown Dubai · 55th floor · completed 2018

5504, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 4 August 2026
Last soldAED 7.25M17 December 2014
Current rentAED 370K /yr4 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, Vida Residence Downtown

What is 5504 worth today?

Last sold for AED 7,246,888 in 2014

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4 Aug 2026RentedNew contract
AED 370,000/yr12 months · AED 165 per sqft
26 Sep 2024RentedRenewal
AED 495,000/yr12 months · AED 221 per sqft
26 Sep 2023RentedRenewal
AED 495,000/yr12 months · AED 221 per sqft
26 Sep 2022RentedNew contract
AED 475,000/yr12 months · AED 212 per sqft
1 Mar 2022RentedNew contract
AED 345,000/yr6 months · AED 154 per sqft
1 Mar 2021RentedNew contract
AED 300,000/yr12 months · AED 134 per sqft
17 Dec 2014Sold by developerOff-plan
AED 7,246,888AED 3,232 per sqft

Source: Dubai Land Department. Updated 4 August 2026.

Key facts

Type
3-bed hotel apartment
Size
2,242 sqft
Floor
55th of 58
Parking
B1-64 ,B1-83
Developer
Emaar
Completed
2018
Last sold
AED 7.25M · December 2014

About 5504, Vida Residence Downtown

5504 is a three-bedroom hotel apartment of 2,242 sqft on the 55th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 17 December 2014 for AED 7,246,888, or AED 3,232 per sqft, 21% above the AED 2,664 three-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 4 August 2026, is AED 370,000 a year: a gross yield of 5.1% on the 2014 price.

Sales and rents for 5504 over time

Sales
Unit 5504, each saleTypical three-bed in Vida Residence Downtown
2.5M5M7.5M2014201820222026Typical sale price by year: 2014 AED 5,331,888; 2015 AED 5,500,000; 2018 AED 3,100,000; 2019 AED 5,968,242; 2020 AED 6,046,888; 2021 AED 4,650,000; 2022 AED 5,700,000; 2023 AED 6,250,000; 2024 AED 6,300,000; 2025 AED 6,725,000; 2026 AED 7,600,000Sold by developer, December 2014: AED 7,246,888 (AED 3,232 per sqft)

5504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5504, each contractTypical three-bed in Vida Residence Downtown
200K400K201920222025Typical rent by year: 2019 AED 250,000; 2020 AED 210,000; 2021 AED 250,000; 2022 AED 375,000; 2023 AED 400,000; 2024 AED 413,500; 2025 AED 435,000; 2026 AED 370,000New contract, March 2021: AED 300,000 a yearNew contract, March 2022: AED 345,000 a yearNew contract, September 2022: AED 475,000 a yearRenewal, September 2023: AED 495,000 a yearRenewal, September 2024: AED 495,000 a yearNew contract, August 2026: AED 370,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Vida Residence Downtown, and where 5504 sits

All 81 3-beds →

5504 last sold in December 2014 at AED 3,232 per sqft, 21% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,664). Over the last 12 months three-beds sold for AED 6,150,000 to 17,500,000, around AED 3,697 per sqft, and rent for AED 310,000 to 820,000 a year. 5504's AED 370,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Sep 202617,500,000
25 Aug 20268,185,000
13 May 202616,000,000
12 May 20266,300,000
8 3-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 55th floor

All 343 units in Vida Residence Downtown
Value
55083-bedAED 17.5M · Sep 2026

5504, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 17 December 2014 for AED 7,246,888, or AED 3,232 per sqft.
  • Rented since March 2021 on 6 Ejari contracts, from AED 300,000 to AED 370,000 a year.
  • At AED 370,000 a year the gross yield on the 2014 price is 5.1%.
  • Three-beds in Vida Residence Downtown sold for AED 6,150,000–17,500,000 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 4 August 2026.

Questions about 5504, Vida Residence Downtown

What did unit 5504 last sell for?

AED 7,246,888 on 17 December 2014, sold by the developer: AED 3,232 per sqft for 2,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 5504?

AED 370,000 a year on the contract signed on 4 August 2026. The previous contract, from September 2024, was AED 495,000; the unit has been rented since March 2021.

How big is unit 5504?

2,242 sqft (208.3 sqm): a three-bedroom hotel apartment on the 55th floor of a 58-storey tower completed in 2018.

What is unit 5504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence Downtown sold for AED 6,150,000 to 17,500,000 in the last 12 months, around AED 3,697 per sqft.

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Mortgage on 5504, Vida Residence Downtown

Starts from the last sale price (AED 7.25M, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,246,888
Deposit, UAE resident (20%)
AED 1,449,378
Deposit, non-resident (40%)
AED 2,898,755
Monthly over 25 years at 3.7%
AED 29,649

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