1504, Vida Residence Downtown
Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Vida Residence Downtown
What is 1504 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,641 sqft
- Floor
- 15th of 58
- Parking
- B2-122
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 4M · February 2023
- Building
- Vida Residence Downtown
About 1504, Vida Residence Downtown
1504 is a two-bedroom hotel apartment of 1,641 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 3 February 2023 for AED 4,000,000, or AED 2,436 per sqft, in line with the AED 2,396 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 June 2024, is AED 370,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 1504 over time
1504 has sold 4 times; 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 1504 sits
All 134 2-beds →1504 last sold in February 2023 at AED 2,436 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,396). 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. 1504's AED 370,000 is at the top 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 15th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,386 sqft | AED 2MAED 2,000,000 · Mar 2019March 2019 | ||
| 1502 | 3-bed | 2,012 sqft | AED 5.88MAED 5,878,888 · Oct 2014October 2014 | 400,000 /yr | |
| 1503 | 2-bed | 1,389 sqft | AED 2.88MAED 2,881,405 · Mar 2018March 2018 | 103,333 /yr | |
| 1505 | 1-bed | 774 sqft | AED 1.75MAED 1,750,000 · Jun 2022June 2022 | 122,320 /yr | |
| 1506 | 1-bed | 731 sqft | AED 1.69MAED 1,690,000 · May 2022May 2022 | 86,000 /yr | |
| 1507 | 1-bed | 767 sqft | AED 2MAED 2,000,000 · Sep 2022September 2022 | 140,000 /yr | |
| 1508 | 2-bed | 1,640 sqft | AED 2.53MAED 2,525,000 · Dec 2020December 2020 | 350,000 /yr |
1504, Vida Residence Downtown in numbers
- Sold 4 times: first on 8 December 2014 for AED 4,099,888, last on 3 February 2023 for AED 4,000,000 (AED 2,436 per sqft).
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2021 and recovered to AED 370,000 by June 2024.
- At AED 370,000 a year the gross yield on the 2023 price is 9.3%.
- 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: Dubai Land Department. Updated 10 June 2024.
Questions about 1504, Vida Residence Downtown
What did unit 1504 last sell for?
AED 4,000,000 on 3 February 2023: AED 2,436 per sqft for 1,641 sqft. The unit has 4 registered sales; the first was AED 4,099,888 in December 2014.
What is the rent for unit 1504?
AED 370,000 a year on the contract signed on 10 June 2024. The previous contract, from May 2023, was AED 320,000; the unit has been rented since October 2019.
How big is unit 1504?
1,641 sqft (152.5 sqm): a two-bedroom hotel apartment on the 15th floor of a 58-storey tower completed in 2018.
What is unit 1504 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 1504, Vida Residence Downtown
Starts from the last sale price (AED 4M, 3 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →