2-bed · 1,640 sqftVida Residence Downtown, Downtown Dubai · 8th floor · completed 2018

808, Vida Residence Downtown

Sold prices and rental history: sold twice, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 4.4M14 August 2024
Current rentAED 320K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Vida Residence Downtown

What is 808 worth today?

Last sold for AED 4,400,000 in 2024

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14 Aug 2024SoldReady
AED 4,400,000AED 2,683 per sqft
1 Jul 2023RentedNew contract
AED 320,000/yr12 months · AED 196 per sqft
29 Jun 2022RentedRenewal
AED 245,000/yr12 months · AED 150 per sqft
29 Jun 2021RentedNew contract
AED 220,000/yr12 months · AED 134 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,914,888AED 2,387 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,640 sqft
Floor
8th of 58
Parking
B2-80
Developer
Emaar
Completed
2018
Last sold
AED 4.4M · August 2024

About 808, Vida Residence Downtown

808 is a two-bedroom hotel apartment of 1,640 sqft on the 8th floor of Vida Residence Downtown, a 58-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 14 August 2024 for AED 4,400,000, or AED 2,683 per sqft, in line with the AED 2,757 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 July 2023, is AED 320,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical two-bed in Vida Residence Downtown
3M4M2014201820222026Typical 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, October 2014: AED 3,914,888 (AED 2,387 per sqft)Sold, August 2024: AED 4,400,000 (AED 2,683 per sqft)

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

Rents
Unit 808, 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 325,000New contract, June 2021: AED 220,000 a yearRenewal, June 2022: AED 245,000 a yearNew contract, July 2023: AED 320,000 a year

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 808 sits

All 134 2-beds →

808 last sold in August 2024 at AED 2,683 per sqft, in line with what two-beds in Vida Residence Downtown were fetching at the time (AED 2,757). 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. 808's AED 320,000 is in the upper half of that range.

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 8th floor

All 343 units in Vida Residence Downtown
Value
8012-bedAED 3.26M · Jun 2024
8023-bedAED 5.17M · May 2017
8032-bedAED 3.65M · Oct 2023
8042-bedAED 4.55M · May 2025
8051-bedAED 1.5M · Nov 2021
8061-bedAED 1.77M · Aug 2014
8071-bedAED 1.9M · Oct 2024

808, Vida Residence Downtown in numbers

  • Sold twice: first on 27 October 2014 for AED 3,914,888, last on 14 August 2024 for AED 4,400,000 (AED 2,683 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 220,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 14 August 2024.

Questions about 808, Vida Residence Downtown

What did unit 808 last sell for?

AED 4,400,000 on 14 August 2024: AED 2,683 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 3,914,888 in October 2014.

What is the rent for unit 808?

AED 320,000 a year on the contract signed on 1 July 2023. The previous contract, from June 2022, was AED 245,000; the unit has been rented since June 2021.

How big is unit 808?

1,640 sqft (152.4 sqm): a two-bedroom hotel apartment on the 8th floor of a 58-storey tower completed in 2018.

What is unit 808 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.

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Mortgage on 808, Vida Residence Downtown

Starts from the last sale price (AED 4.4M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus AED 189,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →