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1-bed · 731 sqftVida Residence Downtown, Downtown Dubai · 7th floor · completed 2018

706, Vida Residence Downtown

Sold prices and rental history: sold twice, last in June 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 1.2M11 June 2019
Current rentAED 155K /yr21 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Vida Residence Downtown

What is 706 worth today?

Last sold for AED 1,200,000 in 2019

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21 Mar 2025RentedNew contract
AED 155,000/yr12 months · AED 212 per sqft
10 Sep 2024RentedNew contract
AED 150,000/yr12 months · AED 205 per sqft
11 Jun 2019SoldOff-plan
AED 1,200,000AED 1,640 per sqft
27 Mar 2014Sold by developerOff-plan
AED 1,667,888AED 2,280 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
7th of 58
Parking
B3-123
Developer
Emaar
Completed
2018
Last sold
AED 1.2M · June 2019
Building
Vida Residence Downtown

About 706, Vida Residence Downtown

706 is a one-bedroom hotel apartment of 731 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 11 June 2019 for AED 1,200,000, or AED 1,640 per sqft, in line with the AED 1,640 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 March 2025, is AED 155,000 a year: a gross yield of 12.9% on the 2019 price.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Vida Residence Downtown
1M2M2014201820222026Typical sale price by year: 2014 AED 1,680,888; 2015 AED 1,715,446; 2016 AED 1,611,733; 2017 AED 1,732,888; 2019 AED 1,325,000; 2020 AED 1,350,000; 2021 AED 1,500,000; 2022 AED 1,690,000; 2023 AED 2,200,000; 2024 AED 2,280,000; 2025 AED 2,380,000; 2026 AED 2,100,000Sold by developer, March 2014: AED 1,667,888 (AED 2,280 per sqft)Sold, June 2019: AED 1,200,000 (AED 1,640 per sqft)

706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Vida Residence Downtown
100K150K20192021202320252027Typical rent by year: 2019 AED 95,000; 2020 AED 90,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 127,571New contract, September 2024: AED 150,000 a yearNew contract, March 2025: AED 155,000 a year

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 706 sits

All 100 1-beds →

706 last sold in June 2019 at AED 1,640 per sqft, in line with what one-beds in Vida Residence Downtown were fetching at the time (AED 1,640). 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. 706's AED 155,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20262,100,000
24 Sep 20262,100,000
3 Jun 20262,100,000
30 Mar 20262,400,000
8 1-bed sales in the last 12 months

Vida Residence Downtown

Building

343 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%
Vida Residence Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 7th floor

All 343 units in Vida Residence Downtown
Value
7012-bedAED 3.25M · Mar 2014
7023-bedAED 5.3M · Oct 2024
7032-bedAED 3M · Jun 2022
7042-bedAED 4.01M · Mar 2014
7051-bedAED 1.74M · Apr 2015
7071-bedAED 2.3M · Jun 2025
7082-bedAED 1.63M · Sep 2021

706, Vida Residence Downtown in numbers

  • Sold twice: first on 27 March 2014 for AED 1,667,888, last on 11 June 2019 for AED 1,200,000 (AED 1,640 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 12.9%.
  • 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 21 March 2025.

Questions about 706, Vida Residence Downtown

What did unit 706 last sell for?

AED 1,200,000 on 11 June 2019: AED 1,640 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,667,888 in March 2014.

What is the rent for unit 706?

AED 155,000 a year on the contract signed on 21 March 2025. The previous contract, from September 2024, was AED 150,000.

How big is unit 706?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.

What is unit 706 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 706, Vida Residence Downtown

Starts from the last sale price (AED 1.2M, 11 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →