3-bed · 990 sqftVida Residence Downtown, Downtown Dubai · 47th floor · completed 2018

4703, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4703 · DLD and Ejari recordsUpdated 12 November 2021
Last soldAED 5.75M11 June 2020
Current rentAED 350K /yr12 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4703, Vida Residence Downtown

What is 4703 worth today?

Last sold for AED 5,754,044 in 2020

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12 Nov 2021RentedNew contract
AED 350,000/yr12 months · AED 177 per sqft
11 Jun 2020Sold by developerReady
AED 5,754,044AED 2,904 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2021.

Key facts

Type
3-bed hotel apartment
Size
990 sqft
Floor
47th of 58
Parking
B2-138 ,B2-139
Developer
Emaar
Completed
2018
Last sold
AED 5.75M · June 2020

About 4703, Vida Residence Downtown

4703 is a three-bedroom hotel apartment of 990 sqft on the 47th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 11 June 2020 for AED 5,754,044, or AED 2,904 per sqft, 4% below the AED 3,028 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 November 2021. The current contract, signed on 12 November 2021, is AED 350,000 a year: a gross yield of 6.1% on the 2020 price.

Sales and rents for 4703 over time

Sales
Unit 4703, 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, June 2020: AED 5,754,044 (AED 2,904 per sqft)

4703 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4703, 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 400,000New contract, November 2021: AED 350,000 a year

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 4703 sits

All 77 3-beds →

4703 last sold in June 2020 at AED 2,904 per sqft, 4% below what three-beds in Vida Residence Downtown were fetching at the time (AED 3,028). 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. 4703's AED 350,000 is at the bottom of that range.

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 47th floor

All 343 units in Vida Residence Downtown
Value
47013-bedAED 6.1M · Mar 2020
47023-bedAED 6.55M · Sep 2019
4704AED 4.66M · Aug 2025
47061-bedAED 2.05M · Aug 2022
47082-bedAED 4.12M · Sep 2021

4703, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 11 June 2020 for AED 5,754,044, or AED 2,904 per sqft.
  • Rented since November 2021 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2020 price is 6.1%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 12 November 2021.

Questions about 4703, Vida Residence Downtown

What did unit 4703 last sell for?

AED 5,754,044 on 11 June 2020, sold by the developer: AED 2,904 per sqft for 990 sqft. It is the only registered sale of the unit.

What is the rent for unit 4703?

AED 350,000 a year on the contract signed on 12 November 2021.

How big is unit 4703?

990 sqft (92.0 sqm): a three-bedroom hotel apartment on the 47th floor of a 58-storey tower completed in 2018.

What is unit 4703 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 4703, Vida Residence Downtown

Starts from the last sale price (AED 5.75M, 11 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,754,044
Deposit, UAE resident (20%)
AED 1,150,809
Deposit, non-resident (40%)
AED 2,301,618
Monthly over 25 years at 3.7%
AED 23,542

Plus AED 246,680 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →