5504, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5504, Vida Residence Downtown
What is 5504 worth today?
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Source: Dubai Land Department. Updated 26 September 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,242 sqft
- Floor
- 55th of 58
- Parking
- B1-64 ,B1-83
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 7.25M · December 2014
- Building
- Vida Residence Downtown
About 5504, Vida Residence Downtown
5504 is a three-bedroom hotel apartment of 2,242 sqft on the 55th 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 7,246,888, or AED 3,232 per sqft, 21% above the AED 2,671 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 26 September 2024, is AED 495,000 a year: a gross yield of 6.8% on the 2014 price.
Sales and rents for 5504 over time
5504 has sold once; the dashed line is the three-bed median of each year in the building.
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 5504 sits
All 77 3-beds →5504 last sold in December 2014 at AED 3,232 per sqft, 21% 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. 5504's AED 495,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 2,012 sqft | 6,450,000 | 3,205 | ||
| 22 Jan 202622 January 2026 | 2,012 sqft | 6,150,000 | 3,056 | ||
| 7 Jan 20267 January 2026 | 2,012 sqft | 7,600,000 | 3,777 | ||
| 22 Dec 202522 December 2025 | 2,014 sqft | 7,500,000 | 3,723 |
Vida Residence Downtown
Building343 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%
Other units on the 55th floor
All 343 units in Vida Residence Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5508 | 3-bed | 2,229 sqft | AED 8.91MAED 8,913,566 · Sep 2023September 2023 |
5504, Vida Residence Downtown in numbers
- Sold once: by Emaar on 17 December 2014 for AED 7,246,888, or AED 3,232 per sqft.
- Rented since March 2021 on 4 Ejari contracts, from AED 300,000 to AED 495,000 a year.
- At AED 495,000 a year the gross yield on the 2014 price is 6.8%.
- 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 26 September 2024.
Questions about 5504, Vida Residence Downtown
What did unit 5504 last sell for?
AED 7,246,888 on 17 December 2014, sold by the developer: AED 3,232 per sqft for 2,242 sqft. It is the only registered sale of the unit.
What is the rent for unit 5504?
AED 495,000 a year on the contract renewed on 26 September 2024. The previous contract, from September 2023, was AED 495,000; the unit has been rented since March 2021.
How big is unit 5504?
2,242 sqft (208.3 sqm): a three-bedroom hotel apartment on the 55th floor of a 58-storey tower completed in 2018.
What is unit 5504 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 5504, Vida Residence Downtown
Starts from the last sale price (AED 7.25M, 17 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 7,246,888
- Deposit, UAE resident (20%)
- AED 1,449,378
- Deposit, non-resident (40%)
- AED 2,898,755
- Monthly over 25 years at 3.7%
- AED 29,649
Plus AED 309,380 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →