2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 30th floor · completed 2018

3008, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3008 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 5.65M25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3008, Vida Residence Downtown

What is 3008 worth today?

Last sold for AED 5,650,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Jan 2024Sold by developerReady
AED 5,650,888AED 3,446 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2024.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
30th of 58
Parking
B2-92
Developer
Emaar
Completed
2018
Last sold
AED 5.65M · January 2024

About 3008, Vida Residence Downtown

3008 is a two-bedroom hotel apartment of 1,640 sqft on the 30th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 25 January 2024 for AED 5,650,888, or AED 3,446 per sqft, 29% above the AED 2,663 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3008 over time

Sales
Unit 3008, each saleTypical two-bed in Vida Residence Downtown
2M4M6M2014201820222026Typical 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, January 2024: AED 5,650,888 (AED 3,446 per sqft)

3008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3008, 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 3008 sits

All 134 2-beds →

3008 last sold in January 2024 at AED 3,446 per sqft, 29% above what two-beds in Vida Residence Downtown were fetching at the time (AED 2,663). 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 30th floor

All 343 units in Vida Residence Downtown
Value
30012-bedAED 3.91M · Aug 2015
30023-bedAED 5.49M · Oct 2014
30032-bedAED 3.2M · Feb 2023
3004AED 4.27M · Mar 2014
30051-bedAED 1.97M · Apr 2020
30061-bedAED 2.45M · Jul 2024
30071-bedAED 1.71M · Oct 2014

3008, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 25 January 2024 for AED 5,650,888, or AED 3,446 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 25 January 2024.

Questions about 3008, Vida Residence Downtown

What did unit 3008 last sell for?

AED 5,650,888 on 25 January 2024, sold by the developer: AED 3,446 per sqft for 1,640 sqft. It is the only registered sale of the unit.

How big is unit 3008?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 30th floor of a 58-storey tower completed in 2018.

What is unit 3008 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.

Selling 3008? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3008, Vida Residence Downtown

Starts from the last sale price (AED 5.65M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,650,888
Deposit, UAE resident (20%)
AED 1,130,178
Deposit, non-resident (40%)
AED 2,260,355
Monthly over 25 years at 3.7%
AED 23,120

Plus AED 242,348 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →