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3-bed · 2,242 sqftVida Residence Downtown, Downtown Dubai · 57th floor · completed 2018

5704, Vida Residence Downtown

Sold prices and rental history: sold twice, last in August 2022, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 6.8M29 August 2022
Current rentAED 400K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5704, Vida Residence Downtown

What is 5704 worth today?

Last sold for AED 6,800,000 in 2022

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1 Jun 2023RentedNew contract
AED 400,000/yr24 months · AED 178 per sqft
29 Aug 2022SoldOff-plan
AED 6,800,000AED 3,033 per sqft
17 Dec 2014Sold by developerOff-plan
AED 7,268,888AED 3,242 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
3-bed hotel apartment
Size
2,242 sqft
Floor
57th of 58
Parking
B1-5 ,B1-90
Developer
Emaar
Completed
2018
Last sold
AED 6.8M · August 2022
Building
Vida Residence Downtown

About 5704, Vida Residence Downtown

5704 is a three-bedroom hotel apartment of 2,242 sqft on the 57th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 29 August 2022 for AED 6,800,000, or AED 3,033 per sqft, 9% above the AED 2,779 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 400,000 a year: a gross yield of 5.9% on the 2022 price.

Sales and rents for 5704 over time

Sales
Unit 5704, 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 7,268,888 (AED 3,242 per sqft)Sold, August 2022: AED 6,800,000 (AED 3,033 per sqft)

5704 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5704, 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, June 2023: AED 400,000 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 5704 sits

All 81 3-beds →

5704 last sold in August 2022 at AED 3,033 per sqft, 9% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,779). 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. 5704's AED 400,000 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 57th floor

All 343 units in Vida Residence Downtown
Value
57083-bedAED 5M · Jan 2020

5704, Vida Residence Downtown in numbers

  • Sold twice: first on 17 December 2014 for AED 7,268,888, last on 29 August 2022 for AED 6,800,000 (AED 3,033 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2022 price is 5.9%.
  • 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 1 June 2023.

Questions about 5704, Vida Residence Downtown

What did unit 5704 last sell for?

AED 6,800,000 on 29 August 2022: AED 3,033 per sqft for 2,242 sqft. The unit has 2 registered sales; the first was AED 7,268,888 in December 2014.

What is the rent for unit 5704?

AED 400,000 a year on the contract signed on 1 June 2023.

How big is unit 5704?

2,242 sqft (208.3 sqm): a three-bedroom hotel apartment on the 57th floor of a 58-storey tower completed in 2018.

What is unit 5704 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 5704, Vida Residence Downtown

Starts from the last sale price (AED 6.8M, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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