767 sqftVida Residence Downtown, Downtown Dubai · 24th floor · completed 2018

2407, Vida Residence Downtown

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 3 January 2025
Last soldAED 841K21 September 2020
Current rentAED 165K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Vida Residence Downtown

What is 2407 worth today?

Last sold for AED 841,444 in 2020

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3 Jan 2025RentedNew contract
AED 165,000/yr12 months · AED 216 per sqft
1 May 2022RentedNew contract
AED 149,000/yr12 months · AED 195 per sqft
12 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft
12 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 124 per sqft
21 Sep 2020SoldReady
AED 841,444AED 2,194 per sqft
17 Mar 2020SoldReady
AED 841,444AED 2,194 per sqft
12 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,682,888AED 2,194 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2025.

Key facts

Type
Hotel apartment
Size
767 sqft
Floor
24th of 58
Parking
B3-72
Developer
Emaar
Completed
2018
Last sold
AED 841K · September 2020

About 2407, Vida Residence Downtown

2407 is a hotel apartment of 767 sqft on the 24th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 21 September 2020 for AED 841,444, or AED 2,194 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 3 January 2025, is AED 165,000 a year: a gross yield of 19.6% on the 2020 price.

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 24th floor

All 343 units in Vida Residence Downtown
Value
24012-bedAED 4.55M · Feb 2024
24023-bedAED 7.6M · Jan 2026
24032-bedAED 2M · Aug 2020
24042-bedAED 4.4M · May 2023
24051-bedAED 1.68M · Mar 2014
24061-bedAED 2.53M · Feb 2025
24082-bedAED 4.6M · Nov 2024

2407, Vida Residence Downtown in numbers

  • Sold 3 times: first on 26 March 2014 for AED 1,682,888, last on 21 September 2020 for AED 841,444 (AED 2,194 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 100,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 19.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2025.

Questions about 2407, Vida Residence Downtown

What did unit 2407 last sell for?

AED 841,444 on 21 September 2020: AED 2,194 per sqft for 767 sqft. The unit has 3 registered sales; the first was AED 1,682,888 in March 2014.

What is the rent for unit 2407?

AED 165,000 a year on the contract signed on 3 January 2025. The previous contract, from May 2022, was AED 149,000; the unit has been rented since November 2019.

How big is unit 2407?

767 sqft (71.3 sqm): a hotel apartment on the 24th floor of a 58-storey tower completed in 2018.

What is unit 2407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2407, Vida Residence Downtown

Starts from the last sale price (AED 841K, 21 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 841,444
Deposit, UAE resident (20%)
AED 168,289
Deposit, non-resident (40%)
AED 336,578
Monthly over 25 years at 3.7%
AED 3,443

Plus AED 40,351 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →