603, Vida Residence Downtown
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Vida Residence Downtown
What is 603 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,389 sqft
- Floor
- 6th of 58
- Parking
- B3-101
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 3.35M · October 2024
- Building
- Vida Residence Downtown
About 603, Vida Residence Downtown
603 is a two-bedroom hotel apartment of 1,389 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 October 2024 for AED 3,350,000, or AED 2,411 per sqft, 13% below the AED 2,757 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 November 2024, is AED 285,000 a year: a gross yield of 8.5% on the 2024 price.
Sales and rents for 603 over time
603 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vida Residence Downtown, and where 603 sits
All 144 2-beds →603 last sold in October 2024 at AED 2,411 per sqft, 13% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,757). Over the last 12 months two-beds sold for AED 3,950,000 to 7,500,000, around AED 3,239 per sqft, and rent for AED 90,000 to 550,000 a year. 603's AED 285,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,389 sqft | 4,550,000 | 3,275 | ||
| 21 Sep 202621 September 2026 | 1,641 sqft | 5,025,000 | 3,061 | ||
| 2 Sep 20262 September 2026 | 1,386 sqft | 3,950,000 | 2,850 | ||
| 14 Aug 202614 August 2026 | 1,386 sqft | 4,300,000 | 3,103 |
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 | |
| 602 | 3-bed | 2,012 sqft | AED 6MAED 6,000,000 · Sep 2023September 2023 | 200,000 /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 |
603, Vida Residence Downtown in numbers
- Sold twice: first on 27 October 2014 for AED 3,286,888, last on 9 October 2024 for AED 3,350,000 (AED 2,411 per sqft).
- Rented since December 2019 on 5 Ejari contracts, from AED 159,000 to AED 285,000 a year.
- At AED 285,000 a year the gross yield on the 2024 price is 8.5%.
- Two-beds in Vida Residence Downtown sold for AED 3,950,000–7,500,000 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 25 November 2024.
Questions about 603, Vida Residence Downtown
What did unit 603 last sell for?
AED 3,350,000 on 9 October 2024: AED 2,411 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 3,286,888 in October 2014.
What is the rent for unit 603?
AED 285,000 a year on the contract signed on 25 November 2024. The previous contract, from August 2022, was AED 280,000; the unit has been rented since December 2019.
How big is unit 603?
1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 6th floor of a 58-storey tower completed in 2018.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residence Downtown sold for AED 3,950,000 to 7,500,000 in the last 12 months, around AED 3,239 per sqft.
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Mortgage on 603, Vida Residence Downtown
Starts from the last sale price (AED 3.35M, 9 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,350,000
- Deposit, UAE resident (20%)
- AED 670,000
- Deposit, non-resident (40%)
- AED 1,340,000
- Monthly over 25 years at 3.7%
- AED 13,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →