2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 9th floor · completed 2018

908, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 4.7M12 July 2024
Current rentAED 200K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Vida Residence Downtown

What is 908 worth today?

Last sold for AED 4,700,000 in 2024

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12 Jul 2024SoldReady
AED 4,700,000AED 2,866 per sqft
6 Sep 2023SoldReady
AED 4,075,000AED 2,485 per sqft
1 Dec 2021RentedRenewal
AED 200,000/yr12 months · AED 122 per sqft
1 Dec 2020RentedNew contract
AED 163,000/yr12 months · AED 100 per sqft
15 Dec 2019RentedNew contract
AED 175,000/yr12 months · AED 107 per sqft
13 Oct 2014Sold by developerOff-plan
AED 3,925,888AED 2,394 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
9th of 58
Parking
B2-110
Developer
Emaar
Completed
2018
Last sold
AED 4.7M · July 2024

About 908, Vida Residence Downtown

908 is a two-bedroom hotel apartment of 1,640 sqft on the 9th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 12 July 2024 for AED 4,700,000, or AED 2,866 per sqft, 4% above the AED 2,765 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 200,000 a year: a gross yield of 4.3% on the 2024 price.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical two-bed in Vida Residence Downtown
3M4M5M2014201820222026Typical sale price by year: 2014 AED 3,536,388; 2015 AED 3,846,888; 2016 AED 3,435,888; 2017 AED 3,100,000; 2018 AED 3,573,444; 2019 AED 3,837,888; 2020 AED 2,512,500; 2021 AED 3,382,055; 2022 AED 3,525,000; 2023 AED 3,935,000; 2024 AED 4,400,000; 2025 AED 4,630,000; 2026 AED 4,600,000Sold by developer, October 2014: AED 3,925,888 (AED 2,394 per sqft)Sold, September 2023: AED 4,075,000 (AED 2,485 per sqft)Sold, July 2024: AED 4,700,000 (AED 2,866 per sqft)

908 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 908, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 150,000; 2021 AED 180,000; 2022 AED 260,000; 2023 AED 278,000; 2024 AED 285,000; 2025 AED 271,500; 2026 AED 255,000New contract, December 2019: AED 175,000 a yearNew contract, December 2020: AED 163,000 a yearRenewal, December 2021: AED 200,000 a year

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 908 sits

All 144 2-beds →

908 last sold in July 2024 at AED 2,866 per sqft, 4% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,765). 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. 908's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20264,550,000
21 Sep 20265,025,000
2 Sep 20263,950,000
14 Aug 20264,300,000
17 2-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 9th floor

All 343 units in Vida Residence Downtown
Value
9012-bedAED 2.3M · Jan 2021
9023-bedAED 6.45M · Feb 2026
9032-bedAED 4M · Feb 2025
9042-bedAED 4.49M · Jun 2019
9051-bedAED 2.07M · Sep 2023
9061-bedAED 1.68M · Mar 2014
9071-bedAED 1.15M · Oct 2019

908, Vida Residence Downtown in numbers

  • Sold 3 times: first on 13 October 2014 for AED 3,925,888, last on 12 July 2024 for AED 4,700,000 (AED 2,866 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, from AED 175,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 4.3%.
  • 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 12 July 2024.

Questions about 908, Vida Residence Downtown

What did unit 908 last sell for?

AED 4,700,000 on 12 July 2024: AED 2,866 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 3,925,888 in October 2014.

What is the rent for unit 908?

AED 200,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 163,000; the unit has been rented since December 2019.

How big is unit 908?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 9th floor of a 58-storey tower completed in 2018.

What is unit 908 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 908, Vida Residence Downtown

Starts from the last sale price (AED 4.7M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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