1-bed · 804 sqftVida Residences Dubai Mall Tower 1, Downtown Dubai · 55th floor · completed 2022

5508, Vida Residences Dubai Mall Tower 1

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5508 · DLD and Ejari recordsUpdated 14 September 2021
Last soldAED 2.05M14 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5508, Vida Residences Dubai Mall Tower 1

What is 5508 worth today?

Last sold for AED 2,050,000 in 2021

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14 Sep 2021SoldOff-plan
AED 2,050,000AED 2,591 per sqft
5 Mar 2019Sold by developerOff-plan
AED 2,150,888AED 2,719 per sqft

Source: Dubai Land Department. Updated 14 September 2021.

Key facts

Type
1-bed hotel apartment
Size
804 sqft
Floor
55th of 55
Parking
P5-5024
Developer
Emaar
Completed
2022
Last sold
AED 2.05M · September 2021

About 5508, Vida Residences Dubai Mall Tower 1

5508 is a one-bedroom hotel apartment of 804 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 14 September 2021 for AED 2,050,000, or AED 2,591 per sqft, 8% above the AED 2,391 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5508 over time

Sales
Unit 5508, each saleTypical one-bed in Vida Residences Dubai Mall Tower 1
2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,899,888; 2018 AED 1,903,888; 2019 AED 2,059,888; 2020 AED 2,138,888; 2021 AED 1,877,190; 2022 AED 2,127,888; 2023 AED 2,175,000; 2024 AED 2,300,000; 2025 AED 2,650,000; 2026 AED 2,450,000Sold by developer, March 2019: AED 2,150,888 (AED 2,719 per sqft)Sold, September 2021: AED 2,050,000 (AED 2,591 per sqft)

5508 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Vida Residences Dubai Mall Tower 1, and where 5508 sits

All 146 1-beds →

5508 last sold in September 2021 at AED 2,591 per sqft, 8% above what one-beds in Vida Residences Dubai Mall Tower 1 were fetching at the time (AED 2,391). Over the last 12 months one-beds sold for AED 1,674,888 to 3,200,000, around AED 3,159 per sqft, and rent for AED 88,935 to 235,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20262,600,000
13 Oct 20262,200,000
17 Sep 20262,800,000
2 Sep 20262,400,000
17 1-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
55062-bedAED 4.05M · Jan 2023
55072-bedAED 3.25M · Apr 2020
1–7 of 9

5508, Vida Residences Dubai Mall Tower 1 in numbers

  • Sold twice: first on 5 March 2019 for AED 2,150,888, last on 14 September 2021 for AED 2,050,000 (AED 2,591 per sqft).
  • One-beds in Vida Residences Dubai Mall Tower 1 sold for AED 1,674,888–3,200,000 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 14 September 2021.

Questions about 5508, Vida Residences Dubai Mall Tower 1

What did unit 5508 last sell for?

AED 2,050,000 on 14 September 2021: AED 2,591 per sqft for 804 sqft. The unit has 2 registered sales; the first was AED 2,150,888 in March 2019.

How big is unit 5508?

804 sqft (74.7 sqm): a one-bedroom hotel apartment on the 55th floor of a 55-storey tower completed in 2022.

What is unit 5508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vida Residences Dubai Mall Tower 1 sold for AED 1,674,888 to 3,200,000 in the last 12 months, around AED 3,159 per sqft.

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Mortgage on 5508, Vida Residences Dubai Mall Tower 1

Starts from the last sale price (AED 2.05M, 14 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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