703, Vida Residence Downtown
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Vida Residence Downtown
What is 703 worth today?
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Source: Dubai Land Department. Updated 26 August 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,389 sqft
- Floor
- 7th of 58
- Parking
- B3-99
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 3M · June 2022
- Building
- Vida Residence Downtown
About 703, Vida Residence Downtown
703 is a two-bedroom hotel apartment of 1,389 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 15 June 2022 for AED 3,000,000, or AED 2,159 per sqft, 7% below the AED 2,315 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 26 August 2026, is AED 225,000 a year: a gross yield of 7.5% on the 2022 price.
Sales and rents for 703 over time
703 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 703 sits
All 144 2-beds →703 last sold in June 2022 at AED 2,159 per sqft, 7% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,315). 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. 703's AED 225,000 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 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 | |
| 702 | 3-bed | 2,012 sqft | AED 5.3MAED 5,300,000 · Oct 2024October 2024 | 280,000 /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 |
703, Vida Residence Downtown in numbers
- Sold twice: first on 27 October 2014 for AED 3,297,888, last on 15 June 2022 for AED 3,000,000 (AED 2,159 per sqft).
- Rented since February 2020 on 5 Ejari contracts, from AED 150,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2022 price is 7.5%.
- 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 26 August 2026.
Questions about 703, Vida Residence Downtown
What did unit 703 last sell for?
AED 3,000,000 on 15 June 2022: AED 2,159 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 3,297,888 in October 2014.
What is the rent for unit 703?
AED 225,000 a year on the contract renewed on 26 August 2026. The previous contract, from August 2025, was AED 250,000; the unit has been rented since February 2020.
How big is unit 703?
1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.
What is unit 703 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 703, Vida Residence Downtown
Starts from the last sale price (AED 3M, 15 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →