2-bed · 1,389 sqftVida Residence Downtown, Downtown Dubai · 22nd floor · completed 2018

2203, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 4.72M23 February 2024
Current rentAED 320K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Vida Residence Downtown

What is 2203 worth today?

Last sold for AED 4,718,888 in 2024

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1 May 2024RentedNew contract
AED 320,000/yr12 months · AED 230 per sqft
23 Feb 2024Sold by developerReady
AED 4,718,888AED 3,397 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,389 sqft
Floor
22nd of 58
Parking
B2-12
Developer
Emaar
Completed
2018
Last sold
AED 4.72M · February 2024

About 2203, Vida Residence Downtown

2203 is a two-bedroom hotel apartment of 1,389 sqft on the 22nd floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 23 February 2024 for AED 4,718,888, or AED 3,397 per sqft, 24% above the AED 2,744 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 320,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical two-bed in Vida Residence Downtown
4M2014201820222026Typical 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, February 2024: AED 4,718,888 (AED 3,397 per sqft)

2203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2203, 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, May 2024: AED 320,000 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 2203 sits

All 134 2-beds →

2203 last sold in February 2024 at AED 3,397 per sqft, 24% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,744). 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. 2203's AED 320,000 is in the upper 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 22nd floor

All 343 units in Vida Residence Downtown
Value
22012-bedAED 3.93M · Oct 2020
2202AED 6.75M · Sep 2025
2204AED 7.5M · Nov 2025
22051-bedAED 800K · Mar 2024
22061-bedAED 2.3M · Apr 2024
22071-bedAED 1.67M · Apr 2014
22082-bedAED 4.35M · Apr 2023

2203, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 23 February 2024 for AED 4,718,888, or AED 3,397 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2024 price is 6.8%.
  • 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: Dubai Land Department. Updated 1 May 2024.

Questions about 2203, Vida Residence Downtown

What did unit 2203 last sell for?

AED 4,718,888 on 23 February 2024, sold by the developer: AED 3,397 per sqft for 1,389 sqft. It is the only registered sale of the unit.

What is the rent for unit 2203?

AED 320,000 a year on the contract signed on 1 May 2024.

How big is unit 2203?

1,389 sqft (129.0 sqm): a two-bedroom hotel apartment on the 22nd floor of a 58-storey tower completed in 2018.

What is unit 2203 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 2203, Vida Residence Downtown

Starts from the last sale price (AED 4.72M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,718,888
Deposit, UAE resident (20%)
AED 943,778
Deposit, non-resident (40%)
AED 1,887,555
Monthly over 25 years at 3.7%
AED 19,306

Plus AED 203,204 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →