2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 16th floor · completed 2018

1608, Vida Residence Downtown

Sold prices and rental history: sold twice, last in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 27 October 2019
Last soldAED 2M27 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Vida Residence Downtown

What is 1608 worth today?

Last sold for AED 2,000,000 in 2019

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27 Oct 2019SoldReady
AED 2,000,000AED 1,219 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,003,888AED 2,442 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2019.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
16th of 58
Parking
B2-125
Developer
Emaar
Completed
2018
Last sold
AED 2M · October 2019

About 1608, Vida Residence Downtown

1608 is a two-bedroom hotel apartment of 1,640 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 27 October 2019 for AED 2,000,000, or AED 1,219 per sqft, 53% below the AED 2,567 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 4,003,888 (AED 2,442 per sqft)Sold, October 2019: AED 2,000,000 (AED 1,219 per sqft)

1608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, 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 1608 sits

All 134 2-beds →

1608 last sold in October 2019 at AED 1,219 per sqft, 53% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,567). 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 16th floor

All 343 units in Vida Residence Downtown
Value
16012-bedAED 3.75M · Oct 2022
16023-bedAED 6.3M · Nov 2023
16032-bedAED 2.3M · Jul 2020
16042-bedAED 4.11M · Mar 2014
16051-bedAED 1.84M · Aug 2019
16061-bedAED 2.32M · Feb 2025
16071-bedAED 1.65M · Mar 2014

1608, Vida Residence Downtown in numbers

  • Sold twice: first on 27 October 2014 for AED 4,003,888, last on 27 October 2019 for AED 2,000,000 (AED 1,219 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 27 October 2019.

Questions about 1608, Vida Residence Downtown

What did unit 1608 last sell for?

AED 2,000,000 on 27 October 2019: AED 1,219 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 4,003,888 in October 2014.

How big is unit 1608?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 16th floor of a 58-storey tower completed in 2018.

What is unit 1608 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 1608, Vida Residence Downtown

Starts from the last sale price (AED 2M, 27 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →