2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 13th floor · completed 2018

1308, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 5.23M24 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Vida Residence Downtown

What is 1308 worth today?

Last sold for AED 5,233,041 in 2023

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24 Aug 2023Sold by developerReady
AED 5,233,041AED 3,191 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 August 2023.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
13th of 58
Parking
B3-31
Developer
Emaar
Completed
2018
Last sold
AED 5.23M · August 2023

About 1308, Vida Residence Downtown

1308 is a two-bedroom hotel apartment of 1,640 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 24 August 2023 for AED 5,233,041, or AED 3,191 per sqft, 23% above the AED 2,591 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical two-bed in Vida Residence Downtown
2M4M2014201820222026Typical 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, August 2023: AED 5,233,041 (AED 3,191 per sqft)

1308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1308, 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 325,000

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 1308 sits

All 134 2-beds →

1308 last sold in August 2023 at AED 3,191 per sqft, 23% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,591). 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.

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
13032-bedAED 3.37M · Oct 2014
13042-bedAED 4.3M · Dec 2023
13051-bedAED 1.64M · Oct 2014
1306AED 2.36M · Aug 2025
13071-bedAED 1.7M · Jun 2022

1308, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 24 August 2023 for AED 5,233,041, or AED 3,191 per sqft.
  • 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 24 August 2023.

Questions about 1308, Vida Residence Downtown

What did unit 1308 last sell for?

AED 5,233,041 on 24 August 2023, sold by the developer: AED 3,191 per sqft for 1,640 sqft. It is the only registered sale of the unit.

How big is unit 1308?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 13th floor of a 58-storey tower completed in 2018.

What is unit 1308 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 1308, Vida Residence Downtown

Starts from the last sale price (AED 5.23M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,233,041
Deposit, UAE resident (20%)
AED 1,046,608
Deposit, non-resident (40%)
AED 2,093,216
Monthly over 25 years at 3.7%
AED 21,410

Plus AED 224,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →