2-bed · 1,207 sqftVida Residences Dubai Mall Tower 1, Downtown Dubai · 34th floor · completed 2022

3407, Vida Residences Dubai Mall Tower 1

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 4.6M17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Vida Residences Dubai Mall Tower 1

What is 3407 worth today?

Last sold for AED 4,600,000 in 2023

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17 Nov 2023SoldOff-plan
AED 4,600,000AED 3,810 per sqft
13 Feb 2020Sold by developerOff-plan
AED 3,131,888AED 2,594 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
2-bed hotel apartment
Size
1,207 sqft
Floor
34th of 55
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 4.6M · November 2023

About 3407, Vida Residences Dubai Mall Tower 1

3407 is a two-bedroom hotel apartment of 1,207 sqft on the 34th floor of Vida Residences Dubai Mall Tower 1, a 55-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 17 November 2023 for AED 4,600,000, or AED 3,810 per sqft, 16% above the AED 3,282 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical two-bed in Vida Residences Dubai Mall Tower 1
3M4M2017202020232026Typical sale price by year: 2017 AED 2,889,888; 2018 AED 2,976,388; 2019 AED 2,692,888; 2020 AED 2,754,388; 2021 AED 2,985,388; 2022 AED 3,178,888; 2023 AED 4,050,000; 2024 AED 4,250,000; 2025 AED 4,500,000; 2026 AED 4,200,000Sold by developer, February 2020: AED 3,131,888 (AED 2,594 per sqft)Sold, November 2023: AED 4,600,000 (AED 3,810 per sqft)

3407 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Vida Residences Dubai Mall Tower 1, and where 3407 sits

All 158 2-beds →

3407 last sold in November 2023 at AED 3,810 per sqft, 16% above what two-beds in Vida Residences Dubai Mall Tower 1 were fetching at the time (AED 3,282). Over the last 12 months two-beds sold for AED 2,500,000 to 6,000,000, around AED 3,789 per sqft, and rent for AED 150,000 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20264,200,000
3 Jun 20263,440,000
10 May 20265,100,000
28 Apr 20264,000,000
8 2-bed sales in the last 12 months

Vida Residences Dubai Mall Tower 1

Building

379 apartments, 1-bed to 4-bed over 55 floors in Downtown Dubai, completed in 2022 by Emaar. 29 sold in the last 12 months.

Typical price per sqft
AED 3,488 Down 7.1%
Typical sale
AED 2.8M
Typical rent
AED 160K /yr
Typical yield
5.2%
Vida Residences Dubai Mall Tower 1, Downtown Dubai: prices, sales and rents →
Value
34011-bedAED 1.94M · Dec 2017
34021-bedAED 2.53M · Nov 2023
34031-bedAED 1.92M · Oct 2021
34042-bedAED 2.44M · Apr 2024
34052-bedAED 3.25M · Aug 2021
34062-bedAED 3.4M · Oct 2022
34083-bedAED 7M · May 2026
1–7 of 9

3407, Vida Residences Dubai Mall Tower 1 in numbers

  • Sold twice: first on 13 February 2020 for AED 3,131,888, last on 17 November 2023 for AED 4,600,000 (AED 3,810 per sqft).
  • Two-beds in Vida Residences Dubai Mall Tower 1 sold for AED 2,500,000–6,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,488 per sqft.

Source: Dubai Land Department. Updated 17 November 2023.

Questions about 3407, Vida Residences Dubai Mall Tower 1

What did unit 3407 last sell for?

AED 4,600,000 on 17 November 2023: AED 3,810 per sqft for 1,207 sqft. The unit has 2 registered sales; the first was AED 3,131,888 in February 2020.

How big is unit 3407?

1,207 sqft (112.1 sqm): a two-bedroom hotel apartment on the 34th floor of a 55-storey tower completed in 2022.

What is unit 3407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residences Dubai Mall Tower 1 sold for AED 2,500,000 to 6,000,000 in the last 12 months, around AED 3,789 per sqft.

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Mortgage on 3407, Vida Residences Dubai Mall Tower 1

Starts from the last sale price (AED 4.6M, 17 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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