3-bed · 2,242 sqftVida Residence Downtown, Downtown Dubai · 56th floor · completed 2018

5604, Vida Residence Downtown

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

Unit 5604 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 7.26M17 December 2014
Current rentAED 440K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5604, Vida Residence Downtown

What is 5604 worth today?

Last sold for AED 7,257,888 in 2014

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28 Apr 2023RentedNew contract
AED 440,000/yr12 months · AED 197 per sqft
10 May 2021RentedNew contract
AED 285,000/yr12 months · AED 127 per sqft
3 May 2020RentedRenewal
AED 235,000/yr12 months · AED 105 per sqft
3 Nov 2019RentedNew contract
AED 300,000/yr6 months · AED 134 per sqft
17 Dec 2014Sold by developerOff-plan
AED 7,257,888AED 3,236 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
3-bed hotel apartment
Size
2,242 sqft
Floor
56th of 58
Parking
B1-62 ,B1-85
Developer
Emaar
Completed
2018
Last sold
AED 7.26M · December 2014

About 5604, Vida Residence Downtown

5604 is a three-bedroom hotel apartment of 2,242 sqft on the 56th 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 7,257,888, or AED 3,236 per sqft, 21% above the AED 2,664 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 28 April 2023, is AED 440,000 a year: a gross yield of 6.1% on the 2014 price.

Sales and rents for 5604 over time

Sales
Unit 5604, 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 7,257,888 (AED 3,236 per sqft)

5604 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5604, each contractTypical three-bed in Vida Residence Downtown
200K400K20192021202320252027Typical 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, November 2019: AED 300,000 a yearRenewal, May 2020: AED 235,000 a yearNew contract, May 2021: AED 285,000 a yearNew contract, April 2023: AED 440,000 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 5604 sits

All 81 3-beds →

5604 last sold in December 2014 at AED 3,236 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. 5604's AED 440,000 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 56th floor

All 343 units in Vida Residence Downtown
Value
56025-bedAED 19.5M · Jul 2022
56083-bedAED 7.3M · May 2021

5604, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 17 December 2014 for AED 7,257,888, or AED 3,236 per sqft.
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 300,000 to AED 235,000 in 2020 and recovered to AED 440,000 by April 2023.
  • At AED 440,000 a year the gross yield on the 2014 price is 6.1%.
  • 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 28 April 2023.

Questions about 5604, Vida Residence Downtown

What did unit 5604 last sell for?

AED 7,257,888 on 17 December 2014, sold by the developer: AED 3,236 per sqft for 2,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 5604?

AED 440,000 a year on the contract signed on 28 April 2023. The previous contract, from May 2021, was AED 285,000; the unit has been rented since November 2019.

How big is unit 5604?

2,242 sqft (208.3 sqm): a three-bedroom hotel apartment on the 56th floor of a 58-storey tower completed in 2018.

What is unit 5604 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 5604, Vida Residence Downtown

Starts from the last sale price (AED 7.26M, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,257,888
Deposit, UAE resident (20%)
AED 1,451,578
Deposit, non-resident (40%)
AED 2,903,155
Monthly over 25 years at 3.7%
AED 29,694

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