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Disruptive Real Estate

Emaar Properties · Downtown Dubai

Vida Residence

  • Apartments
Starting from
AED 2,040,000
Bedrooms
1–4 BR
Size
On request
Payment plan
On request
Completion
Ready
Available
On request
Handover
2019-03-03

About Vida Residence

Downtown Dubai Apartments by Emaar

Vida Residence Downtown Dubai is a 57-storey serviced apartment tower sitting on a 3-level podium, located on Mohammed Bin Rashid Boulevard. Developed by Emaar Properties, the building comprises 347 units across a single tower, connected directly to the VIDA Downtown Dubai hotel via an air-conditioned glass bridge linking the podium levels.

The project forms part of the broader Downtown Dubai master development, Emaar's flagship 500-acre district anchored by Burj Khalifa, The Dubai Mall and The Dubai Fountain. As one of the earlier residential towers to complete within this district, the building reflects the architectural language established across the area, combining stone and glass facades with a wedged floor plate designed to maximise boulevard, fountain and Burj Khalifa views.

Apartments for Sale in Downtown Dubai

The tower offers 1, 2, 3 and 4-bedroom apartments for sale in downtown Dubai, configured as serviced residences aimed at families as well as investors seeking hotel-linked management. Each floor plate is wedged to angle living spaces toward the boulevard and the fountain, a design choice drawn from 1920s New York art deco proportions reinterpreted with a contemporary Dubai finish.

Interiors use neutral tones throughout, a deliberate move to keep the residences feeling current well beyond initial handover. The podium below houses the amenity floors, separating resident-only facilities from the connected hotel operation next door.

Amenities and Podium Facilities

The 3-storey podium houses the building's shared amenities, including a swimming pool, gym, dedicated kids' area, retail units and cafes facing the boulevard. Residents also gain access to the adjoining VIDA hotel via the glass bridge link, extending the practical amenity offering beyond what the residential podium alone provides.

Positioned within the Old Town precinct of Downtown Dubai, the building sits close to Souk Al Bahar (referred to locally as Dukkan Al Manzil) and looks directly onto Burj Khalifa, putting daily errands, dining and the fountain shows within walking distance.

Downtown Dubai Property Investment Case

As a completed, income-generating asset in one of Dubai's most searched submarkets, Vida Residence appeals to buyers looking at the secondary market for downtown Dubai property investment rather than a typical off-plan purchase. Its hotel-branded management structure, tied to Emaar Hospitality Group's VIDA concept, gives owners a defined operating model for the unit rather than a self-managed lease.

The building's location on Mohammed Bin Rashid Boulevard keeps it within the highest-demand pocket of Downtown Dubai, where proximity to Burj Khalifa and The Dubai Mall has historically supported stronger occupancy and resale interest compared with peripheral Downtown addresses.

Key highlights

  • 57-storey serviced apartment tower on Mohammed Bin Rashid Boulevard
  • 347 units across 1, 2, 3 and 4-bedroom layouts
  • Direct glass-bridge link to VIDA Downtown Dubai hotel
  • Podium-level pool, gym, kids' area and retail
  • Located in the Old Town precinct facing Burj Khalifa
  • Fully completed and handed over, ready for occupancy

Why this project

  • Serviced 1 to 4-bedroom apartments on Mohammed Bin Rashid Boulevard, linked directly to VIDA Downtown Dubai hotel via glass bridge.

Amenities

  • Swimming pool
  • gym
  • kids' area
  • retail outlets
  • cafes and restaurants
  • direct hotel link via glass bridge
  • podium-level facilities
  • boulevard frontage
  • proximity to Burj Khalifa and Souk Al Bahar

Location

Downtown Dubai Neighbourhood Character

The building sits directly on Mohammed Bin Rashid Boulevard, within walking distance of Burj Khalifa, The Dubai Fountain and The Dubai Mall. Its position in the Old Town precinct places it close to Souk Al Bahar, giving residents a mix of the district's traditional-style retail alongside the modern boulevard frontage.

This part of Downtown Dubai is walkable and pedestrian-oriented, with tree-lined paths connecting residential towers to retail, dining and the fountain viewing decks without needing a car for daily errands.

Connectivity Across Dubai

Downtown Dubai sits centrally between Dubai's coastal districts and the Sheikh Zayed Road corridor, giving quick access to Business Bay, DIFC and onward routes toward Dubai Marina. The area is served by Dubai Metro's Burj Khalifa/Dubai Mall station, within reach of the boulevard on foot.

For residents commuting from neighbouring emirates or arriving via road, Downtown Dubai's position off Sheikh Zayed Road keeps travel times to Dubai International Airport and Al Maktoum International Airport manageable relative to more peripheral communities.

Project information

Developer
Emaar Properties
Location
Downtown Dubai
Handover
2019-03-03
Total units
347
RERA Escrow
Noor Bank
DLD Project #
1404

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Vida Residence — handover progress

100%
LaunchJan 2015
Today0mo to handover
Handover2019-03-03

Resale at Vida Residence

41 transactions · last 12 months

Avg / sqft
AED 3,301
Avg price
AED 4,906,480
Year-on-year
+6.2%
Range
AED 27,068AED 16,000,000
By unit size
  • 1 BRAED 3,004/sqft10 sales
  • 2 BRAED 2,914/sqft19 sales
  • 3 BRAED 3,742/sqft10 sales
  • 4 BRAED 3,977/sqft2 sales

Downtown Dubai market

1 br · 923 sales analyzed

High activity
Avg / sqft
AED 2,755
Sales last 6 mo
295
Year-on-year
-11.4%
Off-plan vs ready
41.0% pricier
AED 3,475 vs 2,465
5.1%

Indicative gross yield

At the starting price of AED 2,040,000, typical rent for a 1 br in Downtown Dubai (AED 105,000/year, ~AED 8,800/month) implies a 5.1% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Bedrooms available at Vida Residence

Frequently asked questions about Vida Residence

Is Downtown Dubai a good place to live?

Yes. Downtown Dubai combines walkable retail and dining, direct views of Burj Khalifa and The Dubai Fountain, and metro access, making it one of Dubai's most established residential and investment districts.

Who developed Vida Residence Downtown Dubai?

The project was developed by Emaar Properties as part of its VIDA Hotels and Resorts brand, with the residence tower physically linked to the VIDA Downtown Dubai hotel.

How many units does Vida Residence Downtown Dubai have?

The tower contains 347 residential units across a single 57-storey building sitting on a 3-level podium.

What bedroom configurations are available at Vida Residence?

The tower offers 1, 2, 3 and 4-bedroom serviced apartments designed for families as well as investors.

What amenities come with Vida Residence Downtown Dubai?

Residents have access to a podium-level swimming pool, gym, kids' area, retail outlets, cafes and restaurants, plus a direct glass-bridge connection to the adjoining VIDA hotel.

Is Vida Residence Downtown Dubai ready or off-plan?

The project is fully completed, with construction finished and handover recorded in March 2019, making it a ready, income-generating asset rather than an off-plan purchase.

How close is Vida Residence to Burj Khalifa and The Dubai Mall?

The tower sits on Mohammed Bin Rashid Boulevard in the Old Town precinct, within walking distance of Burj Khalifa, The Dubai Fountain and The Dubai Mall, and adjacent to Souk Al Bahar.

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