1203, Vida Residence Downtown
Sold prices and rental history: sold twice, last in July 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Vida Residence Downtown
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,389 sqft
- Floor
- 12th of 58
- Parking
- B2-32
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 2.35M · July 2020
- Building
- Vida Residence Downtown
About 1203, Vida Residence Downtown
1203 is a two-bedroom hotel apartment of 1,389 sqft on the 12th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 23 July 2020 for AED 2,350,000, or AED 1,691 per sqft, in line with the AED 1,691 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 September 2024, is AED 255,000 a year: a gross yield of 10.8% on the 2020 price.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 134 2-beds →1203 last sold in July 2020 at AED 1,691 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 1,691). Over the last 12 months two-beds sold for AED 4,290,000 to 7,500,000, around AED 3,247 per sqft, and rent for AED 260,000 to 350,000 a year. 1203's AED 255,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,372 sqft | 4,650,000 | 3,389 | ||
| 12 Feb 202612 February 2026 | 1,389 sqft | 4,290,000 | 3,088 | ||
| 13 Jan 202613 January 2026 | 1,641 sqft | 4,600,000 | 2,802 | ||
| 5 Jan 20265 January 2026 | 1,386 sqft | 4,500,000 | 3,247 |
Vida Residence Downtown
Building343 apartments, 1-bed to 5-bed over 58 floors in Downtown Dubai, completed in 2018 by Emaar. 15 sold in the last 12 months.
- Typical price per sqft
- AED 3,243 Up 3.6%
- Typical sale
- AED 4.67M
- Typical rent
- AED 273K /yr
- Typical yield
- 6.1%
Other units on the 12th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,386 sqft | AED 49KAED 48,598 · Dec 2025December 2025 | 250,000 /yr | |
| 1202 | 3-bed | 2,012 sqft | AED 6.15MAED 6,150,000 · Jan 2026January 2026 | 260,000 /yr | |
| 1204 | 1,641 sqft | AED 4.7MAED 4,700,000 · Sep 2025September 2025 | |||
| 1205 | 1-bed | 774 sqft | AED 1.35MAED 1,350,000 · Feb 2021February 2021 | 140,000 /yr | |
| 1206 | 1-bed | 731 sqft | AED 1.86MAED 1,857,500 · Nov 2014November 2014 | 140,000 /yr | |
| 1207 | 1-bed | 767 sqft | AED 1.63MAED 1,631,888 · May 2015May 2015 | 150,000 /yr | |
| 1208 | 2-bed | 1,640 sqft | AED 3.96MAED 3,959,888 · Oct 2014October 2014 |
1203, Vida Residence Downtown in numbers
- Sold twice: first on 8 December 2014 for AED 3,355,888, last on 23 July 2020 for AED 2,350,000 (AED 1,691 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 260,000 to AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2020 price is 10.8%.
- Two-beds in Vida Residence Downtown sold for AED 4,290,000–7,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,243 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Questions about 1203, Vida Residence Downtown
What did unit 1203 last sell for?
AED 2,350,000 on 23 July 2020: AED 1,691 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 3,355,888 in December 2014.
What is the rent for unit 1203?
AED 255,000 a year on the contract signed on 30 September 2024. The previous contract, from June 2023, was AED 260,000; the unit has been rented since June 2022.
How big is unit 1203?
1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 12th floor of a 58-storey tower completed in 2018.
What is unit 1203 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 4,290,000 to 7,500,000 in the last 12 months, around AED 3,247 per sqft.
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Mortgage on 1203, Vida Residence Downtown
Starts from the last sale price (AED 2.35M, 23 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →