3-bed · 2,014 sqftVida Residence Downtown, Downtown Dubai · 35th floor · completed 2018

3502, Vida Residence Downtown

Sold prices and rental history: sold twice, last in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3502 · DLD and Ejari recordsUpdated 21 February 2022
Last soldAED 5.8M21 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, Vida Residence Downtown

What is 3502 worth today?

Last sold for AED 5,800,000 in 2022

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21 Feb 2022SoldReady
AED 5,800,000AED 2,879 per sqft
28 Oct 2014Sold by developerOff-plan
AED 5,590,888AED 2,775 per sqft

Source: Dubai Land Department. Updated 21 February 2022.

Key facts

Type
3-bed hotel apartment
Size
2,014 sqft
Floor
35th of 58
Parking
B1-49 ,B1-22
Developer
Emaar
Completed
2018
Last sold
AED 5.8M · February 2022

About 3502, Vida Residence Downtown

3502 is a three-bedroom hotel apartment of 2,014 sqft on the 35th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 21 February 2022 for AED 5,800,000, or AED 2,879 per sqft, 12% above the AED 2,582 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3502 over time

Sales
Unit 3502, each saleTypical three-bed in Vida Residence Downtown
2M4M6M2014201820222026Typical sale price by year: 2014 AED 5,346,888; 2015 AED 5,500,000; 2018 AED 2,446,928; 2019 AED 5,968,242; 2020 AED 6,069,888; 2021 AED 4,650,000; 2022 AED 5,700,000; 2023 AED 6,250,000; 2024 AED 6,325,000; 2025 AED 6,700,000; 2026 AED 6,450,000Sold by developer, October 2014: AED 5,590,888 (AED 2,775 per sqft)Sold, February 2022: AED 5,800,000 (AED 2,879 per sqft)

3502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3502, each contractTypical three-bed in Vida Residence Downtown
200K300K400K20192021202320252027Typical rent by year: 2019 AED 250,000; 2020 AED 210,000; 2021 AED 245,000; 2022 AED 372,500; 2023 AED 400,000; 2024 AED 412,000; 2025 AED 430,000; 2026 AED 400,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Vida Residence Downtown, and where 3502 sits

All 77 3-beds →

3502 last sold in February 2022 at AED 2,879 per sqft, 12% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,582). Over the last 12 months three-beds sold for AED 6,150,000 to 7,600,000, around AED 3,464 per sqft, and rent for AED 400,000 to 422,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Feb 20266,450,000
22 Jan 20266,150,000
7 Jan 20267,600,000
22 Dec 20257,500,000
4 3-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 35th floor

All 343 units in Vida Residence Downtown
Value
35013-bedAED 6.43M · Dec 2021
35033-bedAED 6.5M · Aug 2024
35042-bedAED 3.84M · Oct 2019
35061-bedAED 2.26M · Jan 2024
35082-bedAED 3.47M · Apr 2014

3502, Vida Residence Downtown in numbers

  • Sold twice: first on 28 October 2014 for AED 5,590,888, last on 21 February 2022 for AED 5,800,000 (AED 2,879 per sqft).
  • Three-beds in Vida Residence Downtown sold for AED 6,150,000–7,600,000 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 21 February 2022.

Questions about 3502, Vida Residence Downtown

What did unit 3502 last sell for?

AED 5,800,000 on 21 February 2022: AED 2,879 per sqft for 2,014 sqft. The unit has 2 registered sales; the first was AED 5,590,888 in October 2014.

How big is unit 3502?

2,014 sqft (187.1 sqm): a three-bedroom hotel apartment on the 35th floor of a 58-storey tower completed in 2018.

What is unit 3502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence Downtown sold for AED 6,150,000 to 7,600,000 in the last 12 months, around AED 3,464 per sqft.

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Mortgage on 3502, Vida Residence Downtown

Starts from the last sale price (AED 5.8M, 21 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →