702, Vida Residence Downtown
Sold prices and rental history: sold twice, last in October 2024, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Vida Residence Downtown
What is 702 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,012 sqft
- Floor
- 7th of 58
- Parking
- B2-130 ,B2-101
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 5.3M · October 2024
- Building
- Vida Residence Downtown
About 702, Vida Residence Downtown
702 is a three-bedroom hotel apartment of 2,012 sqft on the 7th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 14 October 2024 for AED 5,300,000, or AED 2,634 per sqft, 17% below the AED 3,183 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2021. The current contract, signed on 1 June 2021, is AED 280,000 a year: a gross yield of 5.3% on the 2024 price.
Sales and rents for 702 over time
702 has sold twice; 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 702 sits
All 81 3-beds →702 last sold in October 2024 at AED 2,634 per sqft, 17% below what three-beds in Vida Residence Downtown were fetching at the time (AED 3,183). 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. 702's AED 280,000 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 7th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,386 sqft | AED 3.25MAED 3,247,888 · Mar 2014March 2014 | 170,000 /yr | |
| 703 | 2-bed | 1,389 sqft | AED 3MAED 3,000,000 · Jun 2022June 2022 | 225,000 /yr | |
| 704 | 2-bed | 1,641 sqft | AED 4.01MAED 4,007,888 · Mar 2014March 2014 | 185,000 /yr | |
| 705 | 1-bed | 774 sqft | AED 1.74MAED 1,738,679 · Apr 2015April 2015 | 149,598 /yr | |
| 706 | 1-bed | 731 sqft | AED 1.2MAED 1,200,000 · Jun 2019June 2019 | 155,000 /yr | |
| 707 | 1-bed | 767 sqft | AED 2.3MAED 2,300,000 · Jun 2025June 2025 | 143,000 /yr | |
| 708 | 2-bed | 1,640 sqft | AED 1.63MAED 1,625,000 · Sep 2021September 2021 | 165,000 /yr |
702, Vida Residence Downtown in numbers
- Sold twice: first on 13 October 2014 for AED 5,153,888, last on 14 October 2024 for AED 5,300,000 (AED 2,634 per sqft).
- Rented since June 2021 on one Ejari contract, at AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2024 price is 5.3%.
- 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 14 October 2024.
Questions about 702, Vida Residence Downtown
What did unit 702 last sell for?
AED 5,300,000 on 14 October 2024: AED 2,634 per sqft for 2,012 sqft. The unit has 2 registered sales; the first was AED 5,153,888 in October 2014.
What is the rent for unit 702?
AED 280,000 a year on the contract signed on 1 June 2021.
How big is unit 702?
2,012 sqft (186.9 sqm): a three-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.
What is unit 702 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 702, Vida Residence Downtown
Starts from the last sale price (AED 5.3M, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,300,000
- Deposit, UAE resident (20%)
- AED 1,060,000
- Deposit, non-resident (40%)
- AED 2,120,000
- Monthly over 25 years at 3.7%
- AED 21,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →