708, Vida Residence Downtown
Sold prices and rental history: sold twice, last in September 2021, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Vida Residence Downtown
What is 708 worth today?
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Source: Dubai Land Department. Updated 19 September 2021.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,640 sqft
- Floor
- 7th of 58
- Parking
- B2-82
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 1.63M · September 2021
- Building
- Vida Residence Downtown
About 708, Vida Residence Downtown
708 is a two-bedroom hotel apartment of 1,640 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 19 September 2021 for AED 1,625,000, or AED 991 per sqft, 41% below the AED 1,675 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 November 2020. The current contract, signed on 10 November 2020, is AED 165,000 a year: a gross yield of 10.2% on the 2021 price.
Sales and rents for 708 over time
708 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 708 sits
All 144 2-beds →708 last sold in September 2021 at AED 991 per sqft, 41% below what two-beds in Vida Residence Downtown were fetching at the time (AED 1,675). 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. 708's AED 165,000 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 | |
| 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, Vida Residence Downtown in numbers
- Sold twice: first on 8 December 2014 for AED 3,903,888, last on 19 September 2021 for AED 1,625,000 (AED 991 per sqft).
- Rented since November 2020 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2021 price is 10.2%.
- 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 19 September 2021.
Questions about 708, Vida Residence Downtown
What did unit 708 last sell for?
AED 1,625,000 on 19 September 2021: AED 991 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 3,903,888 in December 2014.
What is the rent for unit 708?
AED 165,000 a year on the contract signed on 10 November 2020.
How big is unit 708?
1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 7th floor of a 58-storey tower completed in 2018.
What is unit 708 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 708, Vida Residence Downtown
Starts from the last sale price (AED 1.63M, 19 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →