
602, Vida Residence Downtown
Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Vida Residence Downtown
What is 602 worth today?
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Source: Dubai Land Department. Updated 9 September 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,012 sqft
- Floor
- 6th of 58
- Parking
- B2-131 ,B2-102
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 6M · September 2023
- Building
- Vida Residence Downtown
About 602, Vida Residence Downtown
602 is a three-bedroom hotel apartment of 2,012 sqft on the 6th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 9 September 2023 for AED 6,000,000, or AED 2,981 per sqft, in line with the AED 3,055 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 January 2023. The current contract, signed on 2 January 2023, is AED 200,000 a year: a gross yield of 3.3% on the 2023 price.
Sales and rents for 602 over time
602 has sold 3 times; 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 602 sits
All 81 3-beds →602 last sold in September 2023 at AED 2,981 per sqft, in line with what three-beds in Vida Residence Downtown were fetching at the time (AED 3,055). 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. 602's AED 200,000 is at the bottom 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 6th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,386 sqft | AED 2.25MAED 2,250,000 · Apr 2017April 2017 | 240,000 /yr | |
| 603 | 2-bed | 1,389 sqft | AED 3.35MAED 3,350,000 · Oct 2024October 2024 | 285,000 /yr | |
| 604 | 2-bed | 1,641 sqft | AED 4.5MAED 4,500,000 · Mar 2024March 2024 | 350,000 /yr | |
| 605 | 1-bed | 774 sqft | AED 1.61MAED 1,605,888 · Mar 2014March 2014 | 125,000 /yr | |
| 606 | 1-bed | 731 sqft | AED 1.57MAED 1,570,000 · Jul 2022July 2022 | 93,000 /yr | |
| 607 | 1-bed | 767 sqft | AED 1.61MAED 1,605,888 · Dec 2016December 2016 | 150,000 /yr | |
| 608 | 2-bed | 1,640 sqft | AED 3.89MAED 3,891,888 · Oct 2014October 2014 | 320,000 /yr |
602, Vida Residence Downtown in numbers
- Sold 3 times: first on 26 March 2014 for AED 5,138,888, last on 9 September 2023 for AED 6,000,000 (AED 2,981 per sqft).
- Rented since January 2023 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2023 price is 3.3%.
- 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 9 September 2023.
Questions about 602, Vida Residence Downtown
What did unit 602 last sell for?
AED 6,000,000 on 9 September 2023: AED 2,981 per sqft for 2,012 sqft. The unit has 3 registered sales; the first was AED 5,138,888 in March 2014.
What is the rent for unit 602?
AED 200,000 a year on the contract signed on 2 January 2023.
How big is unit 602?
2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 6th floor of a 58-storey tower completed in 2018.
What is unit 602 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 602, Vida Residence Downtown
Starts from the last sale price (AED 6M, 9 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →