2-bed · 1,389 sqftVida Residence Downtown, Downtown Dubai · 13th floor · completed 2018

1303, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 3.37M9 October 2014
Current rentAED 250K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Vida Residence Downtown

What is 1303 worth today?

Last sold for AED 3,366,888 in 2014

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26 Sep 2024RentedNew contract
AED 250,000/yr12 months · AED 180 per sqft
22 Mar 2024RentedNew contract
AED 270,000/yr12 months · AED 194 per sqft
11 Feb 2020RentedNew contract
AED 170,000/yr12 months · AED 122 per sqft
9 Oct 2014Sold by developerOff-plan
AED 3,366,888AED 2,423 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,389 sqft
Floor
13th of 58
Parking
B2-30
Developer
Emaar
Completed
2018
Last sold
AED 3.37M · October 2014

About 1303, Vida Residence Downtown

1303 is a two-bedroom hotel apartment of 1,389 sqft on the 13th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 9 October 2014 for AED 3,366,888, or AED 2,423 per sqft, in line with the AED 2,479 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 26 September 2024, is AED 250,000 a year: a gross yield of 7.4% on the 2014 price.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Vida Residence Downtown
3M4M2014201820222026Typical sale price by year: 2014 AED 3,543,888; 2015 AED 3,867,388; 2016 AED 3,435,888; 2017 AED 3,100,000; 2018 AED 3,573,444; 2019 AED 3,672,312; 2020 AED 2,425,000; 2021 AED 3,141,028; 2022 AED 3,525,000; 2023 AED 3,957,391; 2024 AED 4,450,000; 2025 AED 4,550,000; 2026 AED 4,550,000Sold by developer, October 2014: AED 3,366,888 (AED 2,423 per sqft)

1303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Vida Residence Downtown
200K300K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 151,500; 2021 AED 180,000; 2022 AED 260,000; 2023 AED 265,000; 2024 AED 285,000; 2025 AED 270,000; 2026 AED 325,000New contract, February 2020: AED 170,000 a yearNew contract, March 2024: AED 270,000 a yearNew contract, September 2024: AED 250,000 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 Residence Downtown, and where 1303 sits

All 134 2-beds →

1303 last sold in October 2014 at AED 2,423 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,479). 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. 1303's AED 250,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20264,650,000
12 Feb 20264,290,000
13 Jan 20264,600,000
5 Jan 20264,500,000
8 2-bed sales in the last 12 months

Vida Residence Downtown

Building

343 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%
Vida Residence Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 13th floor

All 343 units in Vida Residence Downtown
Value
13012-bedAED 4.85M · Jan 2025
13023-bedAED 6.4M · May 2022
13042-bedAED 4.3M · Dec 2023
13051-bedAED 1.64M · Oct 2014
1306AED 2.36M · Aug 2025
13071-bedAED 1.7M · Jun 2022
13082-bedAED 5.23M · Aug 2023

1303, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 9 October 2014 for AED 3,366,888, or AED 2,423 per sqft.
  • Rented since February 2020 on 3 Ejari contracts, from AED 170,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2014 price is 7.4%.
  • 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 26 September 2024.

Questions about 1303, Vida Residence Downtown

What did unit 1303 last sell for?

AED 3,366,888 on 9 October 2014, sold by the developer: AED 2,423 per sqft for 1,389 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 250,000 a year on the contract signed on 26 September 2024. The previous contract, from March 2024, was AED 270,000; the unit has been rented since February 2020.

How big is unit 1303?

1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2018.

What is unit 1303 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 1303, Vida Residence Downtown

Starts from the last sale price (AED 3.37M, 9 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,366,888
Deposit, UAE resident (20%)
AED 673,378
Deposit, non-resident (40%)
AED 1,346,755
Monthly over 25 years at 3.7%
AED 13,775

Plus AED 146,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →