2-bed · 1,389 sqftVida Residence Downtown, Downtown Dubai · 15th floor · completed 2018

1503, Vida Residence Downtown

Sold prices and rental history: sold twice, last in March 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 2.88M20 March 2018
Current rentAED 103K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Vida Residence Downtown

What is 1503 worth today?

Last sold for AED 2,881,405 in 2018

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1 Nov 2025RentedRenewal
AED 103,333/yr18 months · AED 74 per sqft
1 Nov 2024RentedNew contract
AED 360,000/yr12 months · AED 259 per sqft
1 Nov 2023RentedRenewal
AED 300,000/yr12 months · AED 216 per sqft
1 Nov 2022RentedRenewal
AED 270,000/yr12 months · AED 194 per sqft
1 Nov 2021RentedNew contract
AED 240,000/yr12 months · AED 173 per sqft
15 Oct 2020RentedRenewal
AED 160,000/yr12 months · AED 115 per sqft
15 Oct 2019RentedNew contract
AED 175,000/yr12 months · AED 126 per sqft
20 Mar 2018SoldOff-plan
AED 2,881,405AED 2,074 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.

Key facts

Type
2-bed hotel apartment
Size
1,389 sqft
Floor
15th of 58
Parking
B2-26
Developer
Emaar
Completed
2018
Last sold
AED 2.88M · March 2018

About 1503, Vida Residence Downtown

1503 is a two-bedroom hotel apartment of 1,389 sqft on the 15th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 20 March 2018 for AED 2,881,405, or AED 2,074 per sqft, in line with the AED 2,074 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 103,333 a year: a gross yield of 3.6% on the 2018 price.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 3,389,888 (AED 2,440 per sqft)Sold, March 2018: AED 2,881,405 (AED 2,074 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Vida Residence Downtown
200K400K20192021202320252027Typical 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, October 2019: AED 175,000 a yearRenewal, October 2020: AED 160,000 a yearNew contract, November 2021: AED 240,000 a yearRenewal, November 2022: AED 270,000 a yearRenewal, November 2023: AED 300,000 a yearNew contract, November 2024: AED 360,000 a yearRenewal, November 2025: AED 103,333 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 1503 sits

All 134 2-beds →

1503 last sold in March 2018 at AED 2,074 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,074). 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. 1503's AED 103,333 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 15th floor

All 343 units in Vida Residence Downtown
Value
15012-bedAED 2M · Mar 2019
15023-bedAED 5.88M · Oct 2014
15042-bedAED 4M · Feb 2023
15051-bedAED 1.75M · Jun 2022
15061-bedAED 1.69M · May 2022
15071-bedAED 2M · Sep 2022
15082-bedAED 2.53M · Dec 2020

1503, Vida Residence Downtown in numbers

  • Sold twice: first on 27 October 2014 for AED 3,389,888, last on 20 March 2018 for AED 2,881,405 (AED 2,074 per sqft).
  • Rented since October 2019 on 7 Ejari contracts, from AED 175,000 to AED 103,333 a year.
  • At AED 103,333 a year the gross yield on the 2018 price is 3.6%.
  • 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 1 November 2025.

Questions about 1503, Vida Residence Downtown

What did unit 1503 last sell for?

AED 2,881,405 on 20 March 2018: AED 2,074 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 3,389,888 in October 2014.

What is the rent for unit 1503?

AED 103,333 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 360,000; the unit has been rented since October 2019.

How big is unit 1503?

1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2018.

What is unit 1503 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 1503, Vida Residence Downtown

Starts from the last sale price (AED 2.88M, 20 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,881,405
Deposit, UAE resident (20%)
AED 576,281
Deposit, non-resident (40%)
AED 1,152,562
Monthly over 25 years at 3.7%
AED 11,789

Plus AED 126,029 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →