2-bed · 1,864 sqftVida Residences Dubai Marina, Dubai Marina · 5th floor · completed 2022

501, Vida Residences Dubai Marina

Sold prices and rental history: sold twice, last in February 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 3.23M14 February 2018
Current rentAED 300K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Vida Residences Dubai Marina

What is 501 worth today?

Last sold for AED 3,227,888 in 2018

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5 Jun 2024RentedNew contract
AED 300,000/yr12 months · AED 160 per sqft
5 Jun 2024RentedNew contract
AED 300,000/yr12 months · AED 160 per sqft
1 Jun 2023RentedNew contract
AED 300,000/yr12 months · AED 161 per sqft
14 Feb 2018SoldOff-plan
AED 3,227,888AED 1,732 per sqft
24 Sep 2017Sold by developerOff-plan
AED 3,227,888AED 1,732 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
2-bed apartment
Size
1,864 sqft
Floor
5th of 56
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 35,400 /yr
Last sold
AED 3.23M · February 2018

About 501, Vida Residences Dubai Marina

501 is a two-bedroom apartment of 1,864 sqft on the 5th floor of Vida Residences Dubai Marina, a 56-storey tower in Dubai Marina completed in 2022 by Emaar. It last sold on 14 February 2018 for AED 3,227,888, or AED 1,732 per sqft, 11% above the AED 1,556 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 5 June 2024, is AED 300,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 35,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Vida Residences Dubai Marina
2M4M2017202020232026Typical sale price by year: 2017 AED 1,781,888; 2018 AED 1,754,888; 2019 AED 1,719,888; 2020 AED 1,719,888; 2021 AED 1,807,500; 2022 AED 2,600,000; 2023 AED 4,050,000; 2024 AED 3,350,000; 2025 AED 3,900,000; 2026 AED 5,150,000Sold by developer, September 2017: AED 3,227,888 (AED 1,732 per sqft)Sold, February 2018: AED 3,227,888 (AED 1,732 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Vida Residences Dubai Marina
200K250K300K20232024202520262027Typical rent by year: 2023 AED 240,000; 2024 AED 222,500; 2025 AED 225,000; 2026 AED 207,500New contract, June 2023: AED 300,000 a yearNew contract, June 2024: AED 300,000 a yearNew contract, June 2024: AED 300,000 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 Residences Dubai Marina, and where 501 sits

All 148 2-beds →

501 last sold in February 2018 at AED 1,732 per sqft, 11% above what two-beds in Vida Residences Dubai Marina were fetching at the time (AED 1,556). Over the last 12 months two-beds sold for AED 3,050,000 to 6,300,000, around AED 3,050 per sqft, and rent for AED 60,000 to 350,000 a year. 501's AED 300,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20263,050,000
22 Jul 20266,300,000
4 Mar 20265,200,000
12 Feb 20263,350,000
7 2-bed sales in the last 12 months

Vida Residences Dubai Marina

Building

360 apartments, studios to 4-bed over 56 floors in Dubai Marina, completed in 2022 by Emaar. 25 sold in the last 12 months.

Typical price per sqft
AED 3,126 Down 5.9%
Typical sale
AED 3.3M
Typical rent
AED 200K /yr
Typical yield
5.7%
Vida Residences Dubai Marina, Dubai Marina: prices, sales and rents →
Value
5022-bedAED 3.29M · Sep 2017
5032-bedAED 2.37M · Aug 2017
5042-bedAED 5.1M · Jul 2023
5053-bedAED 3.42M · Nov 2023
5063-bedAED 3.09M · Oct 2020

501, Vida Residences Dubai Marina in numbers

  • Sold twice: first on 24 September 2017 for AED 3,227,888, last on 14 February 2018 for AED 3,227,888 (AED 1,732 per sqft).
  • Rented since June 2023 on 3 Ejari contracts, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 35,400 a year (AED 19.00 per sqft).
  • Two-beds in Vida Residences Dubai Marina sold for AED 3,050,000–6,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,126 per sqft.

Source: Dubai Land Department. Updated 5 June 2024.

Questions about 501, Vida Residences Dubai Marina

What did unit 501 last sell for?

AED 3,227,888 on 14 February 2018: AED 1,732 per sqft for 1,864 sqft. The unit has 2 registered sales; the first was AED 3,227,888 in September 2017.

What is the rent for unit 501?

AED 300,000 a year on the contract signed on 5 June 2024. The previous contract, from June 2024, was AED 300,000; the unit has been rented since June 2023.

How big is unit 501?

1,864 sqft (173.2 sqm): a two-bedroom apartment on the 5th floor of a 56-storey tower completed in 2022.

What is unit 501 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 Marina sold for AED 3,050,000 to 6,300,000 in the last 12 months, around AED 3,050 per sqft.

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Mortgage on 501, Vida Residences Dubai Marina

Starts from the last sale price (AED 3.23M, 14 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,227,888
Deposit, UAE resident (20%)
AED 645,578
Deposit, non-resident (40%)
AED 1,291,155
Monthly over 25 years at 3.7%
AED 13,206

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