2-bed · 1,386 sqftVida Residence Downtown, Downtown Dubai · 5th floor · completed 2018

501, Vida Residence Downtown

Sold prices and rental history: sold twice, last in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 30 May 2019
Last soldAED 2M30 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Vida Residence Downtown

What is 501 worth today?

Last sold for AED 2,000,000 in 2019

Unlock today's estimate, updated daily, with

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

30 May 2019SoldOff-plan
AED 2,000,000AED 1,443 per sqft
26 Mar 2014Sold by developerOff-plan
AED 3,224,888AED 2,327 per sqft

Source: Dubai Land Department. Updated 30 May 2019.

Key facts

Type
2-bed hotel apartment
Size
1,386 sqft
Floor
5th of 58
Parking
B3-104
Developer
Emaar
Completed
2018
Last sold
AED 2M · May 2019

About 501, Vida Residence Downtown

501 is a two-bedroom hotel apartment of 1,386 sqft on the 5th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 30 May 2019 for AED 2,000,000, or AED 1,443 per sqft, 43% below the AED 2,553 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Vida Residence Downtown
2M4M2014201820222026Typical 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, March 2014: AED 3,224,888 (AED 2,327 per sqft)Sold, May 2019: AED 2,000,000 (AED 1,443 per sqft)

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

Rents
Unit 501, 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 501 sits

All 134 2-beds →

501 last sold in May 2019 at AED 1,443 per sqft, 43% below what two-beds in Vida Residence Downtown were fetching at the time (AED 2,553). 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 5th floor

All 343 units in Vida Residence Downtown
Value
502AED 5.7M · Aug 2025
5032-bedAED 4.29M · Feb 2026
5042-bedAED 3.98M · Mar 2014
5051-bedAED 1.71M · Jul 2014
5061-bedAED 1.08M · Jan 2020
5071-bedAED 1.85M · Apr 2020
5082-bedAED 3.88M · Oct 2014

501, Vida Residence Downtown in numbers

  • Sold twice: first on 26 March 2014 for AED 3,224,888, last on 30 May 2019 for AED 2,000,000 (AED 1,443 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: Dubai Land Department. Updated 30 May 2019.

Questions about 501, Vida Residence Downtown

What did unit 501 last sell for?

AED 2,000,000 on 30 May 2019: AED 1,443 per sqft for 1,386 sqft. The unit has 2 registered sales; the first was AED 3,224,888 in March 2014.

How big is unit 501?

1,386 sqft (128.8 sqm): a two-bedroom hotel apartment on the 5th floor of a 58-storey tower completed in 2018.

What is unit 501 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 501? 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 501, Vida Residence Downtown

Starts from the last sale price (AED 2M, 30 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →