5602, Vida Residence Downtown
Sold prices and rental history: sold twice, last in July 2022, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5602, Vida Residence Downtown
What is 5602 worth today?
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Source: Dubai Land Department. Updated 27 July 2022.
Key facts
- Type
- 5-bed hotel apartment
- Size
- 5,053 sqft
- Floor
- 56th of 58
- Parking
- L2-20 ,L2-28
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 19.5M · July 2022
- Building
- Vida Residence Downtown
About 5602, Vida Residence Downtown
5602 is a five-bedroom hotel apartment of 5,053 sqft on the 56th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 27 July 2022 for AED 19,500,000, or AED 3,858 per sqft.
One Ejari contract is registered, from 1 September 2021. The current contract, signed on 1 September 2021, is AED 750,000 a year: a gross yield of 3.9% on the 2022 price.
5-beds in Vida Residence Downtown, and where 5602 sits
All 3 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202317 April 2023 | 6,699 sqft | 24,000,000 | 3,582 | ||
| 8 Jul 20218 July 2021 | 6,699 sqft | 18,000,000 | 2,686 | ||
| 27 May 202127 May 2021 | 6,699 sqft | 26,877,658 | 4,012 | ||
| 17 Dec 201417 December 2014 | 5,366 sqft | 18,176,888 | 3,387 |
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 56th floor
All 343 units in Vida Residence Downtown5602, Vida Residence Downtown in numbers
- Sold twice: first on 29 January 2015 for AED 18,751,888, last on 27 July 2022 for AED 19,500,000 (AED 3,858 per sqft).
- Rented since September 2021 on one Ejari contract, at AED 750,000 a year.
- At AED 750,000 a year the gross yield on the 2022 price is 3.9%.
Source: Dubai Land Department. Updated 27 July 2022.
Questions about 5602, Vida Residence Downtown
What did unit 5602 last sell for?
AED 19,500,000 on 27 July 2022: AED 3,858 per sqft for 5,053 sqft. The unit has 2 registered sales; the first was AED 18,751,888 in January 2015.
What is the rent for unit 5602?
AED 750,000 a year on the contract signed on 1 September 2021.
How big is unit 5602?
5,053 sqft (469.4 sqm): a five-bedroom hotel apartment on the 56th floor of a 58-storey tower completed in 2018.
What is unit 5602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 5602, Vida Residence Downtown
Starts from the last sale price (AED 19.5M, 27 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 19,500,000
- Deposit, UAE resident (20%)
- AED 3,900,000
- Deposit, non-resident (40%)
- AED 7,800,000
- Monthly over 25 years at 3.7%
- AED 79,781
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →