704, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in March 2014, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Vida Residence Downtown
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 November 2019.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,641 sqft
- Floor
- 7th of 58
- Parking
- B2-83
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 4.01M · March 2014
- Building
- Vida Residence Downtown
About 704, Vida Residence Downtown
704 is a two-bedroom hotel apartment of 1,641 sqft on the 7th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 27 March 2014 for AED 4,007,888, or AED 2,441 per sqft, in line with the AED 2,469 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2019. The current contract, signed on 1 November 2019, is AED 185,000 a year: a gross yield of 4.6% on the 2014 price.
Sales and rents for 704 over time
704 has sold once; 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 704 sits
All 144 2-beds →704 last sold in March 2014 at AED 2,441 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,469). 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. 704's AED 185,000 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 | |
| 703 | 2-bed | 1,389 sqft | AED 3MAED 3,000,000 · Jun 2022June 2022 | 225,000 /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 |
704, Vida Residence Downtown in numbers
- Sold once: by Emaar on 27 March 2014 for AED 4,007,888, or AED 2,441 per sqft.
- Rented since November 2019 on one Ejari contract, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2014 price is 4.6%.
- 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 1 November 2019.
Questions about 704, Vida Residence Downtown
What did unit 704 last sell for?
AED 4,007,888 on 27 March 2014, sold by the developer: AED 2,441 per sqft for 1,641 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 185,000 a year on the contract signed on 1 November 2019.
How big is unit 704?
1,641 sqft (152.5 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.
What is unit 704 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 704, Vida Residence Downtown
Starts from the last sale price (AED 4.01M, 27 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,007,888
- Deposit, UAE resident (20%)
- AED 801,578
- Deposit, non-resident (40%)
- AED 1,603,155
- Monthly over 25 years at 3.7%
- AED 16,398
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →