2-bed · 2,389 sqftVida Residence Downtown, Downtown Dubai · 3rd floor · completed 2018

302, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 8 February 2021
Last soldAED 4.35M8 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Vida Residence Downtown

What is 302 worth today?

Last sold for AED 4,348,699 in 2021

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8 Feb 2021Sold by developerReady
AED 4,348,699AED 1,820 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2021.

Key facts

Type
2-bed hotel apartment
Size
2,389 sqft
Floor
3rd of 58
Parking
B2-77
Developer
Emaar
Completed
2018
Last sold
AED 4.35M · February 2021

About 302, Vida Residence Downtown

302 is a two-bedroom hotel apartment of 2,389 sqft on the 3rd floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 8 February 2021 for AED 4,348,699, or AED 1,820 per sqft, 10% above the AED 1,658 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Vida Residence Downtown
3M4M2014201820222026Typical 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 2021: AED 4,348,699 (AED 1,820 per sqft)

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

Rents
Unit 302, 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 302 sits

All 134 2-beds →

302 last sold in February 2021 at AED 1,820 per sqft, 10% above what two-beds in Vida Residence Downtown were fetching at the time (AED 1,658). 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 3rd floor

All 343 units in Vida Residence Downtown
Value
3013-bedAED 6.13M · Dec 2021
3031-bedAED 2.3M · Jan 2024
3042-bedAED 5.05M · Jul 2024

302, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 8 February 2021 for AED 4,348,699, or AED 1,820 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 8 February 2021.

Questions about 302, Vida Residence Downtown

What did unit 302 last sell for?

AED 4,348,699 on 8 February 2021, sold by the developer: AED 1,820 per sqft for 2,389 sqft. It is the only registered sale of the unit.

How big is unit 302?

2,389 sqft (221.9 sqm): a two-bedroom hotel apartment on the 3rd floor of a 58-storey tower completed in 2018.

What is unit 302 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 302, Vida Residence Downtown

Starts from the last sale price (AED 4.35M, 8 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,348,699
Deposit, UAE resident (20%)
AED 869,740
Deposit, non-resident (40%)
AED 1,739,480
Monthly over 25 years at 3.7%
AED 17,792

Plus AED 187,655 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →