2-bed · 1,229 sqftVida Residences Dubai Mall Tower 1, Downtown Dubai · 55th floor · completed 2022

5506, Vida Residences Dubai Mall Tower 1

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

Unit 5506 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 4.05M3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5506, Vida Residences Dubai Mall Tower 1

What is 5506 worth today?

Last sold for AED 4,050,000 in 2023

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3 Jan 2023SoldOff-plan
AED 4,050,000AED 3,294 per sqft
29 Jun 2020Sold by developerOff-plan
AED 3,300,888AED 2,685 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
2-bed hotel apartment
Size
1,229 sqft
Floor
55th of 55
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 4.05M · January 2023

About 5506, Vida Residences Dubai Mall Tower 1

5506 is a two-bedroom hotel apartment of 1,229 sqft on the 55th floor of Vida Residences Dubai Mall Tower 1, a 55-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 3 January 2023 for AED 4,050,000, or AED 3,294 per sqft, 25% above the AED 2,637 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5506 over time

Sales
Unit 5506, 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, June 2020: AED 3,300,888 (AED 2,685 per sqft)Sold, January 2023: AED 4,050,000 (AED 3,294 per sqft)

5506 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 5506 sits

All 158 2-beds →

5506 last sold in January 2023 at AED 3,294 per sqft, 25% above what two-beds in Vida Residences Dubai Mall Tower 1 were fetching at the time (AED 2,637). 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
55011-bedAED 2.16M · Mar 2023
55021-bedAED 2.67M · Oct 2025
55031-bedAED 2.45M · May 2023
55041-bedAED 2.1M · Mar 2023
55053-bedAED 4.21M · May 2019
55072-bedAED 3.25M · Apr 2020
55081-bedAED 2.05M · Sep 2021
1–7 of 9

5506, Vida Residences Dubai Mall Tower 1 in numbers

  • Sold twice: first on 29 June 2020 for AED 3,300,888, last on 3 January 2023 for AED 4,050,000 (AED 3,294 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 3 January 2023.

Questions about 5506, Vida Residences Dubai Mall Tower 1

What did unit 5506 last sell for?

AED 4,050,000 on 3 January 2023: AED 3,294 per sqft for 1,229 sqft. The unit has 2 registered sales; the first was AED 3,300,888 in June 2020.

How big is unit 5506?

1,229 sqft (114.2 sqm): a two-bedroom hotel apartment on the 55th floor of a 55-storey tower completed in 2022.

What is unit 5506 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 5506, Vida Residences Dubai Mall Tower 1

Starts from the last sale price (AED 4.05M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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