2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 14th floor · completed 2018

1408, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 4.6M14 January 2025
Current rentAED 270K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Vida Residence Downtown

What is 1408 worth today?

Last sold for AED 4,600,000 in 2025

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10 Sep 2025RentedNew contract
AED 270,000/yr12 months · AED 165 per sqft
14 Jan 2025SoldReady
AED 4,600,000AED 2,805 per sqft
6 Oct 2023RentedNew contract
AED 340,000/yr12 months · AED 207 per sqft
10 Mar 2023RentedNew contract
AED 320,000/yr12 months · AED 196 per sqft
24 Nov 2022SoldReady
AED 4,190,000AED 2,555 per sqft
20 Oct 2021RentedNew contract
AED 245,000/yr12 months · AED 150 per sqft
24 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,981,888AED 2,428 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2025.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
14th of 58
Parking
B3-112
Developer
Emaar
Completed
2018
Last sold
AED 4.6M · January 2025

About 1408, Vida Residence Downtown

1408 is a two-bedroom hotel apartment of 1,640 sqft on the 14th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 14 January 2025 for AED 4,600,000, or AED 2,805 per sqft, 4% below the AED 2,909 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 10 September 2025, is AED 270,000 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 1408 over time

Sales
Unit 1408, 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 3,981,888 (AED 2,428 per sqft)Sold, November 2022: AED 4,190,000 (AED 2,555 per sqft)Sold, January 2025: AED 4,600,000 (AED 2,805 per sqft)

1408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, September 2019: AED 160,000 a yearNew contract, October 2021: AED 245,000 a yearNew contract, March 2023: AED 320,000 a yearNew contract, October 2023: AED 340,000 a yearNew contract, September 2025: AED 270,000 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 1408 sits

All 134 2-beds →

1408 last sold in January 2025 at AED 2,805 per sqft, 4% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,909). 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. 1408's AED 270,000 is in the lower half 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 14th floor

All 343 units in Vida Residence Downtown
Value
14012-bedAED 3.33M · Dec 2014
14023-bedAED 5.47M · Nov 2015
14032-bedAED 3.62M · May 2014
14042-bedAED 4.09M · Mar 2014
14051-bedAED 1.89M · Aug 2022
14061-bedAED 1.77M · Oct 2014
14071-bedAED 2.1M · Feb 2023

1408, Vida Residence Downtown in numbers

  • Sold 3 times: first on 27 October 2014 for AED 3,981,888, last on 14 January 2025 for AED 4,600,000 (AED 2,805 per sqft).
  • Rented since September 2019 on 5 Ejari contracts, from AED 160,000 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2025 price is 5.9%.
  • 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 10 September 2025.

Questions about 1408, Vida Residence Downtown

What did unit 1408 last sell for?

AED 4,600,000 on 14 January 2025: AED 2,805 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 3,981,888 in October 2014.

What is the rent for unit 1408?

AED 270,000 a year on the contract signed on 10 September 2025. The previous contract, from October 2023, was AED 340,000; the unit has been rented since September 2019.

How big is unit 1408?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 14th floor of a 58-storey tower completed in 2018.

What is unit 1408 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 1408, Vida Residence Downtown

Starts from the last sale price (AED 4.6M, 14 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →