3-bed · 2,316 sqftVida Residence Downtown, Downtown Dubai · 54th floor · completed 2018

5404, Vida Residence Downtown

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 7.24M17 December 2014
Current rentAED 420K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5404, Vida Residence Downtown

What is 5404 worth today?

Last sold for AED 7,236,888 in 2014

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20 Aug 2024RentedNew contract
AED 420,000/yr12 months · AED 181 per sqft
19 Dec 2022RentedRenewal
AED 380,000/yr12 months · AED 164 per sqft
17 Dec 2014Sold by developerOff-plan
AED 7,236,888AED 3,124 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed hotel apartment
Size
2,316 sqft
Floor
54th of 58
Parking
B1-109 ,B1-110
Developer
Emaar
Completed
2018
Last sold
AED 7.24M · December 2014

About 5404, Vida Residence Downtown

5404 is a three-bedroom hotel apartment of 2,316 sqft on the 54th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 17 December 2014 for AED 7,236,888, or AED 3,124 per sqft, 17% above the AED 2,671 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 August 2024, is AED 420,000 a year: a gross yield of 5.8% on the 2014 price.

Sales and rents for 5404 over time

Sales
Unit 5404, each saleTypical three-bed in Vida Residence Downtown
2.5M5M7.5M2014201820222026Typical 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, December 2014: AED 7,236,888 (AED 3,124 per sqft)

5404 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5404, 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 400,000Renewal, December 2022: AED 380,000 a yearNew contract, August 2024: AED 420,000 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 5404 sits

All 77 3-beds →

5404 last sold in December 2014 at AED 3,124 per sqft, 17% above what three-beds in Vida Residence Downtown were fetching at the time (AED 2,671). 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. 5404's AED 420,000 is in the upper half 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 54th floor

All 343 units in Vida Residence Downtown
Value
54025-bedAED 18.18M · Dec 2014
54083-bedAED 7.3M · Dec 2014

5404, Vida Residence Downtown in numbers

  • Sold once: by Emaar on 17 December 2014 for AED 7,236,888, or AED 3,124 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 380,000 to AED 420,000 a year.
  • At AED 420,000 a year the gross yield on the 2014 price is 5.8%.
  • 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 20 August 2024.

Questions about 5404, Vida Residence Downtown

What did unit 5404 last sell for?

AED 7,236,888 on 17 December 2014, sold by the developer: AED 3,124 per sqft for 2,316 sqft. It is the only registered sale of the unit.

What is the rent for unit 5404?

AED 420,000 a year on the contract signed on 20 August 2024. The previous contract, from December 2022, was AED 380,000.

How big is unit 5404?

2,316 sqft (215.2 sqm): a three-bedroom hotel apartment on the 54th floor of a 58-storey tower completed in 2018.

What is unit 5404 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 5404, Vida Residence Downtown

Starts from the last sale price (AED 7.24M, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,236,888
Deposit, UAE resident (20%)
AED 1,447,378
Deposit, non-resident (40%)
AED 2,894,755
Monthly over 25 years at 3.7%
AED 29,608

Plus AED 308,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →