5608, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5608, Vida Residence Downtown
What is 5608 worth today?
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Source: Dubai Land Department. Updated 5 May 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,229 sqft
- Floor
- 56th of 58
- Parking
- B1-69 ,B1-74
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 7.3M · May 2021
- Building
- Vida Residence Downtown
About 5608, Vida Residence Downtown
5608 is a three-bedroom hotel apartment of 2,229 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 5 May 2021 for AED 7,296,417, or AED 3,274 per sqft, 24% above the AED 2,645 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 5 May 2023, is AED 435,000 a year: a gross yield of 6.0% on the 2021 price.
Sales and rents for 5608 over time
5608 has sold once; the dashed line is the three-bed median of each year in the building.
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 5608 sits
All 81 3-beds →5608 last sold in May 2021 at AED 3,274 per sqft, 24% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,645). 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. 5608's AED 435,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 2,229 sqft | 17,500,000 | 7,850 | ||
| 25 Aug 202625 August 2026 | 2,229 sqft | 8,185,000 | 3,671 | ||
| 13 May 202613 May 2026 | 2,014 sqft | 16,000,000 | 7,943 | ||
| 12 May 202612 May 2026 | 2,012 sqft | 6,300,000 | 3,131 |
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 Downtown5608, Vida Residence Downtown in numbers
- Sold once: by Emaar on 5 May 2021 for AED 7,296,417, or AED 3,274 per sqft.
- Rented since May 2022 on 2 Ejari contracts, from AED 380,000 to AED 435,000 a year.
- At AED 435,000 a year the gross yield on the 2021 price is 6.0%.
- 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 5 May 2023.
Questions about 5608, Vida Residence Downtown
What did unit 5608 last sell for?
AED 7,296,417 on 5 May 2021, sold by the developer: AED 3,274 per sqft for 2,229 sqft. It is the only registered sale of the unit.
What is the rent for unit 5608?
AED 435,000 a year on the contract renewed on 5 May 2023. The previous contract, from May 2022, was AED 380,000.
How big is unit 5608?
2,229 sqft (207.1 sqm): a three-bedroom hotel apartment on the 56th floor of a 58-storey tower completed in 2018.
What is unit 5608 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 5608, Vida Residence Downtown
Starts from the last sale price (AED 7.3M, 5 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 7,296,417
- Deposit, UAE resident (20%)
- AED 1,459,283
- Deposit, non-resident (40%)
- AED 2,918,567
- Monthly over 25 years at 3.7%
- AED 29,852
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →