705, Vida Residence Downtown
Sold prices and rental history: sold twice, last in April 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Vida Residence Downtown
What is 705 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 774 sqft
- Floor
- 7th of 58
- Parking
- B3-6
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 1.74M · April 2015
- Building
- Vida Residence Downtown
About 705, Vida Residence Downtown
705 is a one-bedroom hotel apartment of 774 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 16 April 2015 for AED 1,738,679, or AED 2,244 per sqft, in line with the AED 2,227 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 149,598 a year: a gross yield of 8.6% on the 2015 price.
Sales and rents for 705 over time
705 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Vida Residence Downtown, and where 705 sits
All 100 1-beds →705 last sold in April 2015 at AED 2,244 per sqft, in line with what one-beds in Vida Residence Downtown were fetching at the time (AED 2,227). Over the last 12 months one-beds sold for AED 1,600,000 to 2,400,000, around AED 2,918 per sqft, and rent for AED 93,000 to 185,000 a year. 705's AED 149,598 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 767 sqft | 2,100,000 | 2,737 | ||
| 24 Sep 202624 September 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 3 Jun 20263 June 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 30 Mar 202630 March 2026 | 774 sqft | 2,400,000 | 3,098 |
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 | |
| 704 | 2-bed | 1,641 sqft | AED 4.01MAED 4,007,888 · Mar 2014March 2014 | 185,000 /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 |
705, Vida Residence Downtown in numbers
- Sold twice: first on 27 October 2014 for AED 1,609,888, last on 16 April 2015 for AED 1,738,679 (AED 2,244 per sqft).
- Rented since October 2019 on 3 Ejari contracts, from AED 95,000 to AED 149,598 a year.
- At AED 149,598 a year the gross yield on the 2015 price is 8.6%.
- One-beds in Vida Residence Downtown sold for AED 1,600,000–2,400,000 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 December 2024.
Questions about 705, Vida Residence Downtown
What did unit 705 last sell for?
AED 1,738,679 on 16 April 2015: AED 2,244 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 1,609,888 in October 2014.
What is the rent for unit 705?
AED 149,598 a year on the contract signed on 1 December 2024. The previous contract, from November 2021, was AED 130,000; the unit has been rented since October 2019.
How big is unit 705?
774 sqft (71.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vida Residence Downtown sold for AED 1,600,000 to 2,400,000 in the last 12 months, around AED 2,918 per sqft.
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Mortgage on 705, Vida Residence Downtown
Starts from the last sale price (AED 1.74M, 16 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,738,679
- Deposit, UAE resident (20%)
- AED 347,736
- Deposit, non-resident (40%)
- AED 695,472
- Monthly over 25 years at 3.7%
- AED 7,113
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →