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2-bed · 1,389 sqftVida Residence Downtown, Downtown Dubai · 16th floor · completed 2018

1603, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in July 2020, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.3M16 July 2020
Current rentAED 295K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Vida Residence Downtown

What is 1603 worth today?

Last sold for AED 2,300,000 in 2020

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1 Aug 2025RentedNew contract
AED 295,000/yr12 months · AED 212 per sqft
16 Jul 2020SoldReady
AED 2,300,000AED 1,655 per sqft
30 Jun 2015SoldOff-plan
AED 3,401,888AED 2,449 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,401,888AED 2,449 per sqft

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

Key facts

Type
2-bed hotel apartment
Size
1,389 sqft
Floor
16th of 58
Parking
B2-137
Developer
Emaar
Completed
2018
Last sold
AED 2.3M · July 2020
Building
Vida Residence Downtown

About 1603, Vida Residence Downtown

1603 is a two-bedroom hotel apartment of 1,389 sqft on the 16th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 16 July 2020 for AED 2,300,000, or AED 1,655 per sqft, 4% below the AED 1,727 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2025. The current contract, signed on 1 August 2025, is AED 295,000 a year: a gross yield of 12.8% on the 2020 price.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, October 2014: AED 3,401,888 (AED 2,449 per sqft)Sold, June 2015: AED 3,401,888 (AED 2,449 per sqft)Sold, July 2020: AED 2,300,000 (AED 1,655 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, August 2025: AED 295,000 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 1603 sits

All 134 2-beds →

1603 last sold in July 2020 at AED 1,655 per sqft, 4% below what two-beds in Vida Residence Downtown were fetching at the time (AED 1,727). 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. 1603's AED 295,000 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 16th floor

All 343 units in Vida Residence Downtown
Value
16012-bedAED 3.75M · Oct 2022
16023-bedAED 6.3M · Nov 2023
16042-bedAED 4.11M · Mar 2014
16051-bedAED 1.84M · Aug 2019
16061-bedAED 2.32M · Feb 2025
16071-bedAED 1.65M · Mar 2014
16082-bedAED 2M · Oct 2019

1603, Vida Residence Downtown in numbers

  • Sold 3 times: first on 27 October 2014 for AED 3,401,888, last on 16 July 2020 for AED 2,300,000 (AED 1,655 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2020 price is 12.8%.
  • 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 August 2025.

Questions about 1603, Vida Residence Downtown

What did unit 1603 last sell for?

AED 2,300,000 on 16 July 2020: AED 1,655 per sqft for 1,389 sqft. The unit has 3 registered sales; the first was AED 3,401,888 in October 2014.

What is the rent for unit 1603?

AED 295,000 a year on the contract signed on 1 August 2025.

How big is unit 1603?

1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 16th floor of a 58-storey tower completed in 2018.

What is unit 1603 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 1603, Vida Residence Downtown

Starts from the last sale price (AED 2.3M, 16 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →