5508, Vida Residence Downtown
Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5508, Vida Residence Downtown
What is 5508 worth today?
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Source: Dubai Land Department. Updated 11 September 2023.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,229 sqft
- Floor
- 55th of 58
- Parking
- B1-63 ,B1-84
- Developer
- Emaar
- Completed
- 2018
- Last sold
- AED 8.91M · September 2023
- Building
- Vida Residence Downtown
About 5508, Vida Residence Downtown
5508 is a three-bedroom hotel apartment of 2,229 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 11 September 2023 for AED 8,913,566, or AED 3,998 per sqft, 30% above the AED 3,081 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5508 over time
5508 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 5508 sits
All 77 3-beds →5508 last sold in September 2023 at AED 3,998 per sqft, 30% above what three-beds in Vida Residence Downtown were fetching at the time (AED 3,081). 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 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 | |||||
|---|---|---|---|---|---|
| 5504 | 3-bed | 2,242 sqft | AED 7.25MAED 7,246,888 · Dec 2014December 2014 | 495,000 /yr |
5508, Vida Residence Downtown in numbers
- Sold once: by Emaar on 11 September 2023 for AED 8,913,566, or AED 3,998 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 11 September 2023.
Questions about 5508, Vida Residence Downtown
What did unit 5508 last sell for?
AED 8,913,566 on 11 September 2023, sold by the developer: AED 3,998 per sqft for 2,229 sqft. It is the only registered sale of the unit.
How big is unit 5508?
2,229 sqft (207.1 sqm): a three-bedroom hotel apartment on the 55th floor of a 58-storey tower completed in 2018.
What is unit 5508 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 5508, Vida Residence Downtown
Starts from the last sale price (AED 8.91M, 11 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 8,913,566
- Deposit, UAE resident (20%)
- AED 1,782,713
- Deposit, non-resident (40%)
- AED 3,565,426
- Monthly over 25 years at 3.7%
- AED 36,468
Plus AED 379,380 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →